$599,998
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
- East Tennessee REALTORS® MLS
- MLS #
- 1346105
- Property type
- Single Family Residence
- Subdivision
- N/A
- Status
- Active
- Days on market
- 97
- On market date
- June 26, 2026
- Stories
- N/A
- Total bathrooms
- 5
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- 1.2 acres
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.
- Enrollment
- 338
- Student:teacher ratio
- 15.4:1
- District
- Putnam County
- Enrollment
- 800
- Student:teacher ratio
- 16.3:1
- District
- Putnam County
- Enrollment
- 876
- Student:teacher ratio
- 19.5:1
- District
- Putnam County
Walkability
Blended score for Baxter's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 22 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.