Corinne Sue Morin
← INNOVATE Real Estate
No photos available for this listing

$679,998

11279 Nashville Hwy, Baxter, TN 38544
Baxter, TN 38544
Listed by Elijah Castelli · Elevate Real Estate
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1988

About this home

FANTASTIC INVESTMENT OPPORTUNITY with immediate income potential & room to grow! Situated on approximately 1.2 acres, this unique property features 5 apartment units plus a detached storage building with endless possibilities. Apartments include (3) 800 sqft 2BR/1BA units, (1) spacious 1300 sqft 3BR/1BA unit, & (1) 1100 sqft 2BR/1BA unit currently under renovation. A former 1600 sqft store has been converted into one large storage unit & could easily be divided into multiple units for additional rental income. Major updates already completed including PEX plumbing & new 50-gallon water heaters in all apartments. Property is currently on well water with city water available at the road. Conveniently located just 20 minutes to Cummins Falls State Park or Downtown Cookeville & only an hour to BNA. Excellent location for long-term rental demand. 48-hour notice required for all showings. Schedule your tour today!

Property details

MLS #
1346108
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
56
On market date
June 26, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
1.2 acres

Location

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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Baxter Primary
4.28 mi away · Grades -1-1
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
338
Student:teacher ratio
15.4:1
District
Putnam County
Middle
Upperman Middle School
4.34 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
800
Student:teacher ratio
16.3:1
District
Putnam County
High
Upperman High School
4.12 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
876
Student:teacher ratio
19.5:1
District
Putnam County

Mortgage calculator

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Est. monthly payment
$4,245/mo
$136,000 down
$543,998 loan
Principal & interest$3,528
Property tax (est.)$567
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 23 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.