$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 2 months 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:
May 10, 2026 at 8:20PM
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  †
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

Similar Listing