$259,000

1315 Maddux Ave, Cookeville, TN 38501

  • 4 beds |
  • 2 baths |
  • 1,325 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1963
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $195/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

1315 Maddux Avenue | Cookeville, TN – Student Housing Investment | Fully Leased Near Tennessee Technological University Turnkey, income-producing student housing property located in one of Cookeville’s most consistent and high-demand rental corridors near Tennessee Technological University. This 4-bedroom, 2-bath brick home is 100% leased to Tennessee Tech students, with each bedroom renting for approximately $450/month, generating up to $1,800/month gross rental income. Property operates under a proven rent-by-the-room model, delivering reliable cash flow and strong occupancy rates. Portfolio Opportunity – Buy One or All This property is 1 of 3 multifamily-style residential investment homes and can be purchased: Individually OR As a package deal including: 1305 Maddux Avenue 1325 Maddux Avenue Ideal for investors seeking to scale a student housing portfolio in a prime Cookeville location. Investment Highlights: Fully occupied student housing investment $450/month per bedroom rental income model Up to $1,800/month gross income potential Durable brick construction Minutes to Tennessee Tech campus & downtown Cookeville Strong year-round rental demand Multifamily-style returns from a single-family property Excellent for house hacking, long-term rental, or portfolio expansion Located in a proven student housing corridor in Cookeville, TN, this property offers immediate cash flow, low vacancy risk, and long-term appreciation potential in the growing Middle Tennessee market. Investor Notes: Property is currently leased; financials and lease details available upon request. Buyer to verify zoning, rental regulations, and all usage guidelines.

Listing Status:
Active
Date Added:
April 24, 2026
Data Last Updated:
May 10, 2026 at 5:18PM
Listing Office:
First Realty Company : 9312675456
Listing Agent:
Shelly Marie Copeland : 9312675456
MLS ID:
3182305
  • General: High Speed Internet
  • Appliances: Electric RangeDishwasherRefrigerator
  • Laundry: Electric Dryer HookupWasher Hookup
  • Basement: Crawl Space
  • Flooring: Wood
  • A/C: Central Air
  • Heating: Natural Gas
  • Other Structures: Porch
  • Parking: AttachedParking spaces: 1
  • General: One
  • Originating MLS: realtrac
  • County: Putnam CountyTN
  • Zoning: 040J C 02105 000
  • Utilities: Natural Gas AvailableWater AvailableCable Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Shelly Marie Copeland , First Realty Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

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