507 E Stevens Street, Cookeville, TN 38501
Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
Listed by: heather skender-newton, tyler wilson
Office: skender-newton realty
MLS#:242369
Source:TN_UCAR
Price summary
- Price:$369,929
- Price per sq. ft.:$135.6
About this home
Multiple units in one! 507 & 509 E Stevens Street present a rare opportunity to acquire a fully renovated multi-unit investment property in one of the city's most desirable locations. Situated in the Capshaw school zone, the property consists of a 3-bedroom, 1-bath single-family home (1,192 SF) and a separate two-unit structure featuring a 1 bed, 1 bath unit and a 2 bed, 1 bath unit (768 SF each). The property is grandfathered as multi-unit under RS-15 zoning and benefits from strong rental demand due to its location. 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. This property offers predictable cash flow and long-term stability, making it ideal for investors and homeowners alike. 13 month home warranty for peace of mind.
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Home facts
- Year built:1940
- Listing ID #:242369
- Added:1 day(s) ago
- Updated:February 27, 2026 at 02:40 AM
Rooms and interior
- Kitchen Description:Electric Oven, Refrigerator
- Basement Description:Crawl Space
- Living area:2,728 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Electric
Structure and exterior
- Roof:Metal
- Year built:1940
- Building area:2,728 sq. ft.
- Lot area:0.43 Acres
- Construction Materials:Vinyl Siding
- Exterior Features:Deck
- Foundation Description:Slab
Utilities
- Water:Public
Finances and disclosures
- Price:$369,929
- Price per sq. ft.:$135.6
Features and amenities
- Appliances:Electric Oven, Refrigerator
- Amenities:Ceiling Fan(s)
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