Income-Producing Compound Hobby
121 Locust Grove Rd Cookeville, TN 38501
For Sale
$450,000
COMMERCIAL - Cookeville, TN
Lot Size0.40 Acres
Days on Market72
Property Features for 121 Locust Grove Rd
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Parking features
- Paved or Surfaced
- Standard status
- Active
- APN
- 039 212.01
- Lot size
- 0.40 Acres
Taxes and HOA fees
- Tax Annual Amount
- 218
Utilities
- Heating system
- Electric (Heating)
- Water source
- Public
Building Details
- Year built
- 1966
- Floors in Building
- 2
- Building materials
- Frame, Wood Siding
- Roof type
- Metal
Listing Agency:
Crye-Leike Brown Realty Elite
(931) 837-7653
Listed By:
Cristy Herman · License #351609
(931) 254-3070
Added: May 14
Changed: Jun 16
Last Checked: Jul 24 at 7:06PM
MLS# 244170
Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multi-family income-producing compound and hobby farm offers a blend of residential income and versatile infrastructure. The property includes two RV hook-ups, a large barn, and multiple rental units, presenting opportunities for cash flow, multi-generational living, or homesteading. It is suited for DIY enthusiasts, investors, or hobbyists. The property features a rustic barn with existing spaces currently used as rental units, offering potential for conversion. Independent cozy rental cottages are also present. This property, sold 'As Is', offers income-generating opportunities. Located in Cookeville, TN, the property spans 0.403 acres.
Key Highlights
- Income‑generating potential with multiple rental units (barn and cottages).
- Large barn with existing rental units offers conversion/renovation possibilities.
- Sprawling land suitable for hobby farm or homesteading.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Multifamily properties
FAQs
What type of property is this?
Multifamily property - Multi-family income property with versatile infrastructure and rental potential.
Where is this multifamily property located?
The property is located at 121 Locust Grove Rd Cookeville, TN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Income‑generating potential with multiple rental units (barn and cottages).; Large barn with existing rental units offers conversion/renovation possibilities.; Sprawling land suitable for hobby farm or homesteading.
