Five-Unit Apartment
For Sale
$679,998
11279 Nashville Hwy, Baxter, TN 38544
Multifamily property with varied unit layouts, a detached storage building, and plumbing and water-heater upgrades.
Property Size6,400 SF
Lot Size1.20 Acres
Price / SF$106.25
Days on Market46
Property Features for 11279 Nashville Hwy
General Information
Standard status
Active
Size
6,400 SF
Lot size
1.20 Acres
Property subtype
Multi-Family
Units
Unit Mix
3 x 800 sqft 2BR/1BA, 1 x 1300 sqft 3BR/1BA, 1 x 1100 sqft 2BR/1BA
Multifamily Units
5
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1988
Listing Agency:
Elevate Real Estate
(931) 520-6450
Listed By:
Elijah Castelli · License #302586
Source:
Grayfoxrealty
Added: Jul 15
Changed: Aug 28
Last Checked: Aug 29 at 11:33AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Elevate Real Estate
Investment Insights
Based on property information with market context.
Located at 11279 Nashville Hwy in Baxter, Tennessee, this multifamily property contains five apartments totaling 6,400 square feet across the residential and storage improvements. The unit mix includes three 800-square-foot two-bedroom, one-bath apartments, one 1,300-square-foot three-bedroom, one-bath apartment, and a 1,100-square-foot two-bedroom, one-bath apartment undergoing renovation. A detached 1,600-square-foot storage building adds a separate nonresidential component.
The apartments have received PEX plumbing and new 50-gallon water heaters. The property currently uses well water, with city water available at the road. Built in 1988, the approximately 1.2-acre property is about 20 minutes from Cummins Falls State Park and Downtown Cookeville, and approximately one hour from BNA. Showings require 48-hour notice.
The apartments have received PEX plumbing and new 50-gallon water heaters. The property currently uses well water, with city water available at the road. Built in 1988, the approximately 1.2-acre property is about 20 minutes from Cummins Falls State Park and Downtown Cookeville, and approximately one hour from BNA. Showings require 48-hour notice.
Key Highlights
- Five apartment units with a combined 6,400 square feet of property improvements
- Unit mix includes three 800 SF 2BR/1BA units, one 1,300 SF 3BR/1BA unit, and one 1,100 SF 2BR/1BA unit
- Detached 1,600 SF storage building
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
9
Businesses Nearby
Explore this area
Business Placement
Demographics for 38544, TN
7,435
Population
3,327
Households
2.2
Avg Household Size
40
Median Age
16%
College-Educated
85%
High-School Grad
79.2 sq mi
ZIP Area
94
Density / Sq Mi
$66,801
Median Household Income
$42,188
Median Earnings
$904
Median Rent
$222,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with varied unit layouts, a detached storage building, and plumbing and water-heater upgrades.
Where is this apartment building located?
The property is located at 11279 Nashville Hwy Baxter, TN.
What is the asking price?
The asking price for this property is $679,998.
What are key features of this property?
This property features: Five apartment units with a combined 6,400 square feet of property improvements; Unit mix includes three 800 SF 2BR/1BA units, one 1,300 SF 3BR/1BA unit, and one 1,100 SF 2BR/1BA unit; Detached 1,600 SF storage building
