Putnam County, TN Multifamily Properties for Sale

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Updated: Mar 17

Renovated Multi-Unit Investment Property

507 E Stevens Street, Cookeville, TN 38501

$369,929

2,728 sqft 0.43 AC lot

Fully renovated multi‑unit property: 507 & 509 E Stevens Street
Includes a 3‑bedroom, 1‑bath single‑family home with 1,192 SF
Separate two‑unit structure with two 1‑bed/1‑bath and 2‑bed/1‑bath units (768 SF each)
All units renovated in 2022 with new HVACs, updated electrical components, new windows & doors, new flooring and remodeled bathrooms
Upgrades in 2022 include plumbing & sewer replacement, new water heaters, fresh trim and paint, and new cabinets/countertops

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This listing looks promising.

Here's a quick look at some key insights for

507 E Stevens Street, Cookeville, TN 38501

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Est. Cap Rate

7.3%
Above avg (5.9%)
Est. NOI

$27K
Annual
Price @ 7% Cap

$384K
Above asking
Property Type

Single Family Residence
Built 1940

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Updated: Jun 26

Townhome Triplex for Sale

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

$899,900

1,556 sqft 0.42 AC lot

3 townhomes under construction with an anticipated 2026 year built
Each home offers 4 bedrooms and 3 full bathrooms, including a main‑level bedroom and full bath
Central air cooling with electric heating
Kitchen appliances include dishwasher, electric range, microwave, and refrigerator
Construction includes frame, brick, and HardiPlank Type with shingle/composition roofing

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Versatile Brick Home in Cookeville

826 Boatman Rd, Cookeville, TN 38506

$595,000

2,890 sqft

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

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Duplex with Covered Patio

207 Boatman Street, Cookeville, TN 38501

$209,929

775 sqft

Duplex unit offers a covered patio, open living area, and updated kitchen finishes with new roof and HVAC.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center

Cookeville Duplex with Modern Amenities

227 Boatman Street, Cookeville, TN 38501

$224,929

988 sqft

New duplex in Cookeville with quality features and convenient location.

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Duplex with Covered Patio

225 Boatman Street, Cookeville, TN 38501

$224,929

988 sqft

Duplex unit offers 2 bedrooms, 2 bathrooms, an open kitchen with new quartz countertops, and covered outdoor living.

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Duplex Residential Income

204 Boatman Street, Cookeville, TN 38501

$164,000

615 sqft

Duplex unit with covered patio entry, open-concept living/kitchen, and recently updated roof, HVAC, plumbing, and electrical.

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Studio-Style Duplex Condo

206 Boatman Street, Cookeville, TN 38501

$164,000

615 sqft

Studio-style duplex condo with quartz kitchen finishes, covered patio entry, and in-unit laundry area plus back deck access.

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Duplex with Covered Patio

154 Boatman Street, Cookeville, TN 38501

$199,429

775 sqft

Duplex home featuring a covered patio, open living area with kitchen island, and updated interior finishes.

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Income-Producing Compound Hobby Farm

121 Locust Grove Rd, Cookeville, TN 38501

$450,000

0.40 AC lot

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

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Zoned RMHP Mobile Home Park

536 E 20th St, Cookeville, TN 38501

$1,699,900

3.77 AC lot

Mobile home park with 43 sites zoned RMHP inside Cookeville city limits.

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Based on your search, we've compiled 41 Potential Opportunities for your consideration. Besides 11 Active listings in Putnam County, TN, we suggest exploring several alternatives: similar 26 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

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

00 Dodson Branch Hwy, Cookeville, TN 38501

$175,000

12.00 AC lot

12+ acres of unrestricted land with pond near Cookeville.

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Unrestricted Lake Lot in Smithville

182 Mayberry Drive, Smithville, TN 37166

$39,900

0.14 AC lot

Unrestricted lake lot with utilities started near community boat dock.

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Land with Utilities Near Lake

Holmes Creek Rd lot: 1, Smithville, TN 37166

Contact for pricing

0.43 AC lot

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

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Unrestricted Land in Sparta, TN

8849 Eastland Road, Sparta, TN 38583

$125,998

3.17 AC lot

3.17-acre unrestricted property ready for your dream home!

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Off-Market Properties in Putnam County, TN

Consider similar Off-Market properties in Putnam County, 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.

MOBILE HOME PARK, TRAILER PARK

2878 Zeb Warren Rd, Cookeville, TN 38506-7241

$525,000

Estimated value

2,240 sqft 2.94 AC lot

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MOBILE HOME PARK, TRAILER PARK

765 Thomas Rd, Cookeville, TN 38501-5333

Value Estimation by Request

1,620 sqft 5.75 AC lot

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MOBILE HOME PARK, TRAILER PARK

1297 Boyd Farris Rd, Cookeville, TN 38506-6284

Value Estimation by Request

1,056 sqft 4.80 AC lot

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MOBILE HOME PARK, TRAILER PARK

Cane Crk Rd, Cookeville, TN 38506

Value Estimation by Request

1,152 sqft 2.77 AC lot

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MOBILE HOME PARK, TRAILER PARK

315 Stewart Ave, Monterey, TN 38574-1328

Value Estimation by Request

1,716 sqft 3.79 AC lot

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MOBILE HOME PARK, TRAILER PARK

157 County Farm Rd, Cookeville, TN 38501-8307

Value Estimation by Request

560 sqft

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MOBILE HOME PARK, TRAILER PARK

1701 Bunker Hl Rd, Cookeville, TN 38506-5507

Value Estimation by Request

480 sqft

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Multifamily properties

1957 Broad St, Cookeville, TN 38501

Value Estimation by Request

6.00 AC lot

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Multifamily properties

1010 Country Club Rd, Cookeville, TN 38501

Value Estimation by Request

1,088 sqft

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Multifamily properties

0 Tn-56, Baxter, TN 38544

Value Estimation by Request

592,416 sqft

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Multifamily properties

0 Buffalo Valley Rd, Cookeville, TN 38544

Value Estimation by Request

56.00 AC lot

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MOBILE HOME PARK, TRAILER PARK

10545 Hopewell Rd, Silver Point, TN 38582-6008

Value Estimation by Request

6.02 AC lot

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MOBILE HOME PARK, TRAILER PARK

Hanging Limb Rd, Monterey, TN 38574

Value Estimation by Request

1,960 sqft 12.00 AC lot

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Putnam County, TN Multifamily Properties Market Trends and Statistics

Explore 37 multifamily properties for sale in Putnam County, TN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 11,930 square feet of properties for sale, with an estimated market value of $3,052,045.

Sale prices for multifamily properties in Putnam County, TN start at $164,000, averaging $339,116, and reaching up to $899,900 — 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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