Multifamily Property with
121 Locust Grove Rd, Cookeville, TN 38501
For Sale
$375,000
Commercial Sale, Cookeville, TN
Property SizeContact for details
Lot Size0.40 Acres
Days on Market150
Property Features for 121 Locust Grove Rd
General Information
Property type
Property subtype
Zoning
Parking features
Directions
Subdivision
Standard status
APN
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Water source
Building Details
Year built
Floors in Building
Building materials
Roof type
Listing Agency:
Crye-Leike Brown Realty Elite
(931) 837-7653
Listed By:
Cristy Herman · License TN #351609
(931) 254-3070
Added: Jun 16
Changed: Oct 16
Last Checked: Nov 12 at 7:06AM
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This multifamily property combines a large rustic barn with existing rental spaces and separate cottages. The barn contains multiple areas currently used as rental units, although renovation is needed. The property also includes 2 RV hookups and is being offered in its present condition. Frame construction, wood siding, a metal roof, electric heat, paved or surfaced parking, and public water are reported. Built in 1966, the property occupies 0.403 acres and carries Commercial zoning.
Located at 121 Locust Grove Rd in Cookeville, Tennessee, the compound offers a residential configuration with several distinct structures and existing utility features. The layout may support continued rental use, owner occupancy, or renovation of the existing spaces, subject to applicable requirements. The property is offered as-is.
Located at 121 Locust Grove Rd in Cookeville, Tennessee, the compound offers a residential configuration with several distinct structures and existing utility features. The layout may support continued rental use, owner occupancy, or renovation of the existing spaces, subject to applicable requirements. The property is offered as-is.
Key Highlights
- Large barn with multiple rental spaces requiring renovation
- Separate rental cottages included
- 2 RV hook ups
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
47
Businesses Nearby
Explore this area
Business Placement
Demographics for 38501, TN
41,141
Population
19,158
Households
2.1
Avg Household Size
33
Median Age
31%
College-Educated
88%
High-School Grad
87.1 sq mi
ZIP Area
472
Density / Sq Mi
$50,923
Median Household Income
$30,191
Median Earnings
$856
Median Rent
$245,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Multifamily properties in Cookeville, TN
Properties on Market for Multifamily properties in Cookeville
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Commercially zoned property with rental spaces, cottages, RV hookups, and renovation needs.
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 $375,000.
What are key features of this property?
This property features: Large barn with multiple rental spaces requiring renovation; Separate rental cottages included; 2 RV hook ups
