Cookeville, TN
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    Cookeville, TN Multifamily Properties for Sale

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    Baxter, TN Bloomington Springs, TN Sparta, TN
    8 results
    Renovated Multi-Unit Investment Property
    $369,929
    2,728 SF
    Renovated Multi-Unit Investment Property

    507 E Stevens Street, Cookeville, TN 38501

    Fully renovated multi-unit property in a desirable location.
    • 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.
    Updated: Mar 17
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    New Upscale Townhomes Near TTU
    $985,000
    1,556 SF
    New Upscale Townhomes Near TTU

    212-216 W Jere Whitson Road, Cookeville, TN 38501

    Three new 4-bedroom townhomes near Tennessee Tech University.
    • Brand new construction (2026) upscale townhomes.
    • Walking distance to TTU (Tennessee Technological University).
    • 4 bedrooms and 3 full bathrooms.
    • Main level bedroom and full bath.
    • Upscale finishes and quality cabinetry.
    Updated: May 26
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    Turnkey Duplex in Cookeville, TN
    $369,900
    2,079 SF
    Turnkey Duplex in Cookeville, TN

    Two-unit property with 2 bedrooms, 1.5 baths per unit.

    171 Third Ave, Cookeville, TN 38506

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    Cookeville Fourplex Near Tennessee Tech
    $628,904
    4,020 SF
    Cookeville Fourplex Near Tennessee Tech

    Townhome fourplex near Tennessee Tech and Cookeville Regional Medical Center.

    191 E 15th Street, Cookeville, TN 38501

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    Versatile Brick Home in Cookeville
    $595,000
    2,890 SF
    Versatile Brick Home in Cookeville

    All-brick home with two separate living quarters and rental potential.

    826 Boatman Rd, Cookeville, TN 38506

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    Income-Producing Compound Hobby Farm
    $450,000
    0.40 Acres
    Income-Producing Compound Hobby Farm

    Multi-family income property with versatile infrastructure and rental potential.

    121 Locust Grove Rd, Cookeville, TN 38501

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    Cookeville Duplex with Modern Amenities
    $224,929
    988 SF
    Cookeville Duplex with Modern Amenities

    New duplex in Cookeville with quality features and convenient location.

    227 Boatman Street, Cookeville, TN 38501

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    Cookeville Duplex with Modern Amenities
    $399,929
    1,550 SF
    Cookeville Duplex with Modern Amenities

    Affordable duplex in Cookeville with modern features and rental potential.

    106&108 Boatman Street, Cookeville, TN 38501

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    Based on your search, we've compiled 43 Potential Opportunities for your consideration. Besides 8 Active listings in Cookeville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 27 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Livingston Office Building with Apartments
    $595,000
    8,735 SF
    Livingston Office Building with Apartments

    Highly visible office building with apartments in Livingston, Tennessee.

    306 W Broad St, Livingston, TN 38570

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    Sparta TN Multifamily Investment Opportunity
    $375,000
    3,120 SF
    Sparta TN Multifamily Investment Opportunity

    Four-unit property in central Sparta with income potential.

    414 W Bockman Way, Sparta, TN 38583

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    Mixed-Use Property in Livingston, TN
    $649,900
    5,760 SF
    Mixed-Use Property in Livingston, TN

    Versatile commercial property with retail and residential income potential.

    305 S Church Street, Livingston, TN 38570

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    Sparta TN Multifamily Investment Opportunity
    $375,000
    3,120 SF
    Sparta TN Multifamily Investment Opportunity

    3,120 sq ft 4-plex in central Sparta, TN.

    414 W Bockman Way, Sparta, TN 38583

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Unrestricted Wooded Acreage with Pond
    $175,000
    12.00 Acres
    Unrestricted Wooded Acreage with Pond

    12+ acres of unrestricted land with pond near Cookeville.

    00 Dodson Branch Hwy, Cookeville, TN 38501

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    Unrestricted Lake Lot in Smithville
    $39,900
    0.14 Acres
    Unrestricted Lake Lot in Smithville

    Unrestricted lake lot with utilities started near community boat dock.

    182 Mayberry Drive, Smithville, TN 37166

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    Land with Utilities Near Lake
    Contact for pricing
    0.43 Acres
    Land with Utilities Near Lake

    Land with utilities ready for camper or mobile home near lake.

    Holmes Creek Rd lot: 1, Smithville, TN 37166

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    Unrestricted Land in Sparta, TN
    $125,998
    3.17 Acres
    Unrestricted Land in Sparta, TN

    3.17-acre unrestricted property ready for your dream home!

    8849 Eastland Road, Sparta, TN 38583

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    Off-Market Properties in Cookeville, TN

    Consider similar Off-Market properties in Cookeville, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    520 Bowers Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 5.02 Acres
    Value Estimation by Request

    520 Bowers Rd, Cookeville, TN 38506-9218

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    113 Spg Crk Cir
    MOBILE HOME PARK, TRAILER PARK
    3,500 SF Lot: 1.00 Acre
    Value Estimation by Request

    113 Spg Crk Cir, Cookeville, TN 38506-7766

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    2878 Zeb Warren Rd
    MOBILE HOME PARK, TRAILER PARK
    2,240 SF Lot: 2.94 Acres
    Estimated value
    $525,000

    2878 Zeb Warren Rd, Cookeville, TN 38506-7241

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    765 Thomas Rd
    MOBILE HOME PARK, TRAILER PARK
    1,620 SF Lot: 5.75 Acres
    Value Estimation by Request

    765 Thomas Rd, Cookeville, TN 38501-5333

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    504 Bowers Rd
    MOBILE HOME PARK, TRAILER PARK
    912 SF Lot: 1.12 Acres
    Value Estimation by Request

    504 Bowers Rd, Cookeville, TN 38506-9218

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    1297 Boyd Farris Rd
    MOBILE HOME PARK, TRAILER PARK
    1,056 SF Lot: 4.80 Acres
    Value Estimation by Request

    1297 Boyd Farris Rd, Cookeville, TN 38506-6284

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    128 Spg Crk Cir
    MOBILE HOME PARK, TRAILER PARK
    3,140 SF Lot: 1.00 Acre
    Value Estimation by Request

    128 Spg Crk Cir, Cookeville, TN 38506-1702

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    Cane Crk Rd
    MOBILE HOME PARK, TRAILER PARK
    1,152 SF Lot: 2.77 Acres
    Value Estimation by Request

    Cane Crk Rd, Cookeville, TN 38506

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    4503 Rickman Rd
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    4503 Rickman Rd, Cookeville, TN 38506-1725

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    157 County Farm Rd
    MOBILE HOME PARK, TRAILER PARK
    560 SF
    Value Estimation by Request

    157 County Farm Rd, Cookeville, TN 38501-8307

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    1701 Bunker Hl Rd
    MOBILE HOME PARK, TRAILER PARK
    480 SF
    Value Estimation by Request

    1701 Bunker Hl Rd, Cookeville, TN 38506-5507

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    1957 Broad St
    Multifamily properties
    Lot: 6.00 Acres

    1957 Broad St, Cookeville, TN 38501

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    1010 Country Club Rd
    Multifamily properties
    1,088 SF
    Value Estimation by Request

    1010 Country Club Rd, Cookeville, TN 38501

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    Buffalo Valley Rd
    Multifamily properties
    Lot: 56.00 Acres
    Value Estimation by Request
    Buffalo Valley Rd

    0 Buffalo Valley Rd, Cookeville, TN 38544

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    3360 Zeb Warren Rd
    MOBILE HOME PARK, TRAILER PARK
    3,570 SF
    Value Estimation by Request

    3360 Zeb Warren Rd, Cookeville, TN 38506-7242

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    500 Sliger Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 8.00 Acres
    Value Estimation by Request

    500 Sliger Rd, Cookeville, TN 38506-5966

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    Cookeville, TN Multifamily Properties Investment Opportunities Market Analysis

    Explore 35 multifamily properties for sale in Cookeville, TN, showcased through 8 active listings on our real estate platform. These investment opportunities span a total of 15,811 square feet of properties for sale, with an estimated market value of $3,573,591.

    Sale prices for multifamily properties in Cookeville, TN start at $224,929, averaging $510,513, and reaching up to $985,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Duplexes 4
    Quadplexes 1
    Triplexes 1

    Demographics Overview

    Population 73K
    Population Growth (5Y) +7.3%
    Median Household Income $55,913
    College Educated 16.8%

    High-Yield Neighborhoods for Investment

    Identify Cookeville submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    38506 $482.5K
    38501 $509.8K

    Taxes & Financing

    Tax Rate (average for all types) 2.99%
    Property Tax per SF $60.03 per sq ft
    Average Loan-to-Value 65.0%

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