Upgraded Duplex With Two
42 Eastgate Circle Unit A & B Cookeville, TN 38506
New
For Sale
$334,900
MULTI_FAMILY - Cookeville, TN
Property Size2,574 SF
Lot Size0.07 Acres
Price / SF$130.11
Days on Market3
Property Features for 42 Eastgate Circle Unit A & B
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bathroom 4, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3
Window features
Double Pane Windows
Patio and Porch features
Porch, Patio
Interior features
Ceiling Fan(s), Walk-In Closet(s)
Appliances
Electric Water Heater, Dishwasher, Disposal, Refrigerator, Electric Range
Standard status
Active
APN
025.01 & 025.02
Size
2,574 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
568
Utilities
Sewer type
Public Sewer
Cooling system
Central Air
Water source
Public
Building Details
Year built
1993
Number of units
2
Flooring type
Tile, Vinyl, Carpet
Building materials
Frame, Vinyl Siding, HardiPlank Type
Roof type
Composition
Listing Agency:
Highlands Elite Real Estate LLC
(931) 400-8820
Listed By:
Crystal Odom · License #304777
(931) 261-9652
Added: Jul 27
Changed: Jul 28
Last Checked: Jul 29 at 9:06AM
MLS# 246102
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 upgraded duplex offers two separate units, Unit A and Unit B, each presented as move-in ready. Unit A features 3 bedrooms and 2 bathrooms, while Unit B offers 2 bedrooms and 2 bathrooms. Both units include appliances.
Located within Cookeville city limits in Putnam County, the property provides convenient access to Tennessee Tech University, shopping, dining, and the hospital.
Listed for sale, the duplex is configured to provide income-producing rental space with a tenant-ready setup through included appliances and recent interior and exterior upgrades.
Located within Cookeville city limits in Putnam County, the property provides convenient access to Tennessee Tech University, shopping, dining, and the hospital.
Listed for sale, the duplex is configured to provide income-producing rental space with a tenant-ready setup through included appliances and recent interior and exterior upgrades.
Key Highlights
- Duplex with 2 units: Unit A has 3 bedrooms and 2 bathrooms; Unit B has 2 bedrooms and 2 bathrooms
- Recently upgraded inside and out, with appliances included in both units
- Central air throughout the duplex
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 | $41.7k | $16.20 |
| − Vacancy | −$3.1k | −$1.22 |
| EGI | $38.6k | $14.99 |
| − OpEx | −$11.6k | −$4.50 |
| NOI | $27.0k | $10.49 |
2,574 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$385.7K
$337.5K – $450.0K
NOI $27,000 @ 7.0% cap · market cap 8.06%
Second Best
Apartment 5plus
$361.9K
$316.7K – $422.2K
NOI $25,333 @ 7.0% cap · market cap 7.56%
Theoretical Best
Office A
$1.06M
$929.5K – $1.24M
NOI $74,363 @ 7.0% cap · market cap 22.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey duplex with two upgraded units—Unit A with 3 beds/2 baths and Unit B with 2 beds/2 baths.
Where is this duplex located?
The property is located at 42 Eastgate Circle Unit A & B Cookeville, TN.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Duplex with 2 units: Unit A has 3 bedrooms and 2 bathrooms; Unit B has 2 bedrooms and 2 bathrooms; Recently upgraded inside and out, with appliances included in both units; Central air throughout the duplex
