Renovated Multi-Unit Investment
507 E Stevens Street, Cookeville, TN 38501
MULTI_FAMILY - Cookeville, TN
Property size:
2,728 SFLot size:
0.43 AcresPrice / SF:
$135/SF- Added:
- Mar 17, 2026
- Days on Market:
- 64
- Last Refresh:
- May 19 at 3:06 am
Property Features for 507 E Stevens Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 4, Bedroom 1, Bedroom 2, Bathroom 3, Bathroom 2, Bedroom 5, Bedroom 6, Bathroom 1, Bedroom 3
- Window features
- Double Pane Windows
- Patio and Porch features
- Deck, Porch
- Interior features
- Ceiling Fan(s)
- Basement
- Crawl Space
- Appliances
- Electric Water Heater, Electric Oven, Refrigerator
- Standard status
- Active
- APN
- 053N B 014.01
- Size
- 2,728 SF
- Lot size
- 0.43 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1730
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1940
- Number of units
- 3
- Flooring type
- Tile, Vinyl
- Building materials
- Frame, Block, Vinyl Siding
- Roof type
- Metal
Listing agent Heather Skender-Newton License #272220 (931) 261-9001
Listing office Skender-Newton Realty 769 Dacco Drive, Cookeville, TN (931) 261-9001
Listing date Mar 17, 2026
MLS# 242369
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.
HighLights
- Fully renovated in 2022, minimizing maintenance costs.
- Multi‑unit property offers diverse rental income streams.
- Grandfathered as multi‑unit under RS‑15 zoning, a unique investment opportunity.
- Located in the desirable Capshaw school zone.
- New HVACs, plumbing & sewer replacement, new water heaters, updated electrical components, new windows & doors, new flooring, fully remodeled bathrooms, new cabinets & countertops, new appliances, fresh trim and paint.
- Includes a 13‑month home warranty for added peace of mind.
Overview
Located in the Capshaw school zone, this property features a 3-bedroom, 1-bath single-family home with 1,192 square feet, and a separate two-unit structure. The two-unit building contains a 1 bed, 1 bath unit and a 2 bed, 1 bath unit, each with 768 square feet. The property is grandfathered as multi-unit under RS-15 zoning. All units underwent comprehensive renovations in 2022, including new HVACs, plumbing & sewer replacement, new water heaters, updated electrical components, new windows & doors, new flooring, fully remodeled bathrooms, new cabinets & countertops, new appliances, fresh trim and paint, and much more. The property is situated on a 0.43-acre lot. With a total property size of 2,728 square feet, this property offers predictable cash flow and long-term stability, making it ideal for investors and homeowners alike. A 13-month home warranty is included.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Cookeville
- County
- Putnam
- State
- Tennessee
- Longitude
- -85.5200218
- Latitude
- 36.1589897
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Fully renovated multi-unit property in a desirable location.
Where is this multifamily property located?
The property is located at 507 E Stevens Street Cookeville, TN.
What is the asking price?
The asking price for this property is $369,929.
What are key features of this property?
This property features: Fully renovated in 2022, minimizing maintenance costs.; Multi‑unit property offers diverse rental income streams.; Grandfathered as multi‑unit under RS‑15 zoning, a unique investment opportunity.
