Four-Unit Residential Income
New
For Sale
$475,000
50 Gibson Ave, Cookeville, TN 38501
Commercial Sale, Cookeville, TN
Property SizeContact for details
Days on Market3
Property Features for 50 Gibson Ave
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Paved or Surfaced
Directions
From PPCH: W on Spring, L on West End, R on Gibson, 1st building on R.
Subdivision
Cookeville NW, TN
Standard status
Active
APN
016.00
Taxes and HOA fees
Tax Annual Amount
2872
Utilities
Utilities
Natural Gas Available
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1988
Building materials
Frame, Brick
Roof type
Composition
Listing Agency:
Highlands Elite Real Estate LLC
(931) 400-8820
Listed By:
Chad Crouch · License #00271797
(931) 979-1191
Added: Sep 24
Changed: Sep 25
Last Checked: Sep 26 at 12:06PM
MLS# 247383
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 four-unit residential property contains four separate residences, each arranged with three bedrooms and one bathroom. Frame and brick construction dates to 1988, with central electric heating and central air conditioning. The roof is composition, and the parking area is paved.
Public water serves the property, and natural gas is available. The four units provide a consistent three-bedroom, one-bathroom configuration across the building.
Public water serves the property, and natural gas is available. The four units provide a consistent three-bedroom, one-bathroom configuration across the building.
Key Highlights
- Four units, each with 3 bedrooms and 1 bathroom
- Built in 1988 with frame and brick construction
- Central heating and central air conditioning
Property Analytics
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Current Use
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
810
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Quadplex - The property combines four three-bedroom residences with central heating and air conditioning.
Where is this quadplex located?
The property is located at 50 Gibson Ave Cookeville, TN.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four units, each with 3 bedrooms and 1 bathroom; Built in 1988 with frame and brick construction; Central heating and central air conditioning
