11279 Nashville Hwy
Baxter, TN 38544 · Putnam County
$599,998
$46,000 price cut · Sep 30
- Beds
- 11
- Baths
- 5
- Sq ft
- 6,400
- Acres
- 1.2
- Built
- 1988
Listing courtesy of Elevate Real Estate · MLS #1346105
Description
FANTASTIC INVESTMENT OPPORTUNITY with immediate income potential & room to grow! Situated on approximately 1.2 acres, this unique property features 5 apartment units plus a detached storage building with endless possibilities. Apartments include (3) 800 sqft 2BR/1BA units, (1) spacious 1300 sqft 3BR/1BA unit, & (1) 1100 sqft 2BR/1BA unit currently under renovation. A former 1600 sqft store has been converted into one large storage unit & could easily be divided into multiple units for additional rental income. Major updates already completed including PEX plumbing & new 50-gallon water heaters in all apartments. Property is currently on well water with city water available at the road. Conveniently located just 20 minutes to Cummins Falls State Park or Downtown Cookeville & only an hour to BNA. Excellent location for long-term rental demand. 48-hour notice required for all showings. Schedule your tour today!
Details
Home
- Type
- Residential · Single Family Residence
- Style
- 2 Story
- Year built
- 1988
- Living area
- 6,400 sq ft
- Bedrooms
- 11
- Bathrooms
- 5 full
- Basement
- Slab
- Parking
- Off Street
Interior
- Flooring
- Carpet, Vinyl, Luxury Vinyl Plank
- Appliances
- Dishwasher, Range, Refrigerator
- Also
- Washer/Dryer Connect, Internet Available
Exterior
- Construction
- Frame, Vinyl Siding
- Architecture
- Contemporary
Land
- Lot size
- 1.2 acres
- Lot
- Corner Lot, Irregular Lot
- Views
- Country Setting
- Deed restrictions
- None
Utilities
- Water
- Well
- Sewer
- Septic
- Heating
- Central, Electric
Listing
- MLS #
- 1346105
- Status
- Active
- On market
- 124 days
- Listed
- Jun 26, 2026
Finances
- Property tax
- County only
- Outside city limits
- HOA
- None
- No association dues
- Price per sq ft
- $94
- 6,400 sq ft
Price history
- Sep 30, 2026
- Price cut
- $599,998 −$46,000
- Before
- Listed
- $645,998
Accepted
- Cash
- Conventional
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Location
- County
- Putnam
- ZIP
- 38544
Drive times
- Cookeville 25 min
- Crossville 60 min
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Listing courtesy of Elevate Real Estate. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1346105.
