Duplex with Covered
207 Boatman Street Cookeville, TN 38501
207 Boatman Street, Cookeville, TN, 38501
$209,929
For Sale
$209,929
DUPLEX - Cookeville, TN
Property Size775 SF
Price / SF$270.88
Days on Market39
Property Features for 207 Boatman Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 1
- Rooms
- Bathroom 1, Bedroom 2, Bedroom 1, Dining Room
- Window features
- Double Pane Windows
- Patio and Porch features
- Porch, Deck
- Interior features
- New Paint, Ceiling Fan(s), Walk-In Closet(s)
- Appliances
- Gas Water Heater, Dishwasher, Electric Oven, Refrigerator, Electric Range
- Standard status
- Active
- APN
- 053O A 001.00
- Size
- 775 SF
Taxes and HOA fees
- Tax Annual Amount
- 0
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air
Building Details
- Year built
- 1960
- Floors in Building
- 1
- Flooring type
- New floor covering, Vinyl
- Building materials
- Frame, Brick
- Roof type
- Composition
Listing Agency
Skender-Newton Realty
(931) 261-9001
769 Dacco Drive, Cookeville, TN
Listed by
Heather Skender-Newton · License #272220
(931) 261-9001
Added: Jun 9 Checked: Jul 17 at 12:06 pm
MLS# 243393
Listing URL
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 duplex unit includes two spacious bedrooms and a large bathroom, with an open-concept living room that leads into the kitchen. The kitchen features new quartz countertops, a tiled backsplash, soft-close cabinetry, and an island area, along with access to the laundry space and a back deck. Bedrooms are reached down the hallway and include walk-in or oversized closets and spacious bathrooms with top-of-the-line fixtures throughout.
Exterior improvements include a new roof and updated HVAC, plumbing/electric, sewer, and underground gutters. The property is offered as part of The Villas at Park View and includes grounds maintenance, a dog park, and sidewalks, with quick access anywhere in town.
The unit is described as able to pass any loan type, supporting use as either a personal home or an investment.
Exterior improvements include a new roof and updated HVAC, plumbing/electric, sewer, and underground gutters. The property is offered as part of The Villas at Park View and includes grounds maintenance, a dog park, and sidewalks, with quick access anywhere in town.
The unit is described as able to pass any loan type, supporting use as either a personal home or an investment.
Key Highlights
- 1960‑built home with covered patio and back deck
- Open‑concept living room flows into the kitchen with new quartz countertops and tiled backsplash
- Kitchen includes dishwasher, electric range, electric oven, refrigerator, and gas water heater
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $12.6k | $16.20 |
| − Vacancy | −$942 | −$1.22 |
| EGI | $11.6k | $14.99 |
| − OpEx | −$3.5k | −$4.50 |
| NOI | $8.1k | $10.49 |
775 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$116.1K
$101.6K – $135.5K
NOI $8,129 @ 7.0% cap · market cap 3.87%
Second Best
Apartment 5plus
$109.0K
$95.3K – $127.1K
NOI $7,627 @ 7.0% cap · market cap 3.63%
Theoretical Best
Office A
$319.9K
$279.9K – $373.2K
NOI $22,390 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Duplex unit offers a covered patio, open living area, and updated kitchen finishes with new roof and HVAC.
Where is this duplex located?
The property is located at 207 Boatman Street Cookeville, TN.
What is the asking price?
The asking price for this property is $209,929.
What are key features of this property?
This property features: 1960‑built home with covered patio and back deck; Open‑concept living room flows into the kitchen with new quartz countertops and tiled backsplash; Kitchen includes dishwasher, electric range, electric oven, refrigerator, and gas water heater
