Main Photo - 1814 Salem Rd, Cookeville, TN 38506, Cookeville
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26 photos

$9,200,000

1814 Salem Rd, Cookeville, TN 38506
Cookeville, TN 38506
Listed by Kevin G. Tipton · PWA Properties
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1973

About this home

Presenting HomeBridge Apartments, a 112-unit property located in Cookeville, Tennessee. Originally built in 1973, the property consists entirely of studio units and was fully renovated in 2023. In addition to the existing units, there is potential to add several more by converting existing storage rooms, maintenance areas, and former office space that was previously configured as guest rooms. The average monthly rent per unit is $1,100. Conveniently located near Tennessee Tech University, Cookeville Regional Medical Center, and major employers, the property provides easy access to the area's primary employment centers, shopping, dining, and Interstate 40.

Property details

MLS #
1357412
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
1
On market date
October 1, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
2.08 acres
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Capshaw Elementary
2.01 mi away · Grades -1-4
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
481
Student:teacher ratio
15.5:1
District
Putnam County
Middle
Avery Trace Middle School
1.97 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
756
Student:teacher ratio
13.7:1
District
Putnam County
High
Cookeville High School
4.22 mi away · Grades 9-12
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
2,266
Student:teacher ratio
18.0:1
District
Putnam County

Walkability

Blended score for Cookeville'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).

22
Car-dependent
out of 100
EPA National Walkability Index
6.5 / 20 -- Below average walkable
Google Places amenity density
5 / 100
Restaurants & cafes0
Grocery stores1
Parks0
Schools0
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Cookeville, from live MLS data.

On the market 1 days -- 99 fewer days than Cookeville's current average of 100 days.
For reference, the median list price across 152 active listings in Cookeville right now is $354,450.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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%
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Adjust tax / insurance estimates
% / yr
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/mo
Est. monthly payment
$55,553/mo
$1,840,000 down
$7,360,000 loan
Principal & interest$47,737
Property tax (est.)$7,667
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 2 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.