$369,929

507 E Stevens St, Cookeville, TN 38501

  • 6 beds |
  • 3 baths |
  • 2,728 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon0.43acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $136/sqft
  • Property List Date Icon Listed 28 days ago

Property Description

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.

Listing Status:
Active
Date Added:
February 26, 2026
Data Last Updated:
March 26, 2026 at 7:21AM
Listing Office:
Skender-Newton Realty : 9312619001
Listing Agent:
Heather Skender-Newton : 9312619001
MLS ID:
3135682
  • General: Ceiling Fan(s)In-Law Floorplan
  • Appliances: Electric OvenCooktopElectric Range
  • Basement: Crawl Space
  • Flooring: TileVinyl
  • A/C: Central Air
  • Heating: Central
  • Fireplace: Fireplaces: 0
  • Parking: Parking spaces: 0
  • General: One
  • Originating MLS: realtrac
  • County: Putnam CountyTN
  • Zoning: 053N B 01401 000
  • Utilities: Water Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Heather Skender-Newton , Skender-Newton Realty

Monthly Payment

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

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Get Prequalified »
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

C

Capshaw Elementary School

1 Cougar Ln, Cookeville, TN, 38501

Grades PK-4

0.21 miles away

A

Avery Trace Middle School

230 Raider Dr, Cookeville, TN, 38501

Grades 5-8

0.91 miles away

C

Cookeville High School

1 Cavalier Dr, Cookeville, TN, 38501

Grades 9-12

2.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listing

4032 Gayle Cir, Cookeville, TN 38501New listing icon New - 3 days ago
Single-Family Home For Sale

$329,900

  • 5 bed |
  • 3 bath |
  • 2,236 sqft |
  • 0.46 acre lot
4032 Gayle Cir Cookeville, TN 38501

#3158428 - United Country - Hallcomb Realty & Auction