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338 S Cedar Ave Cookeville, TN 38501
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Key Details
Sold Price $285,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 2,124 sqft
Price per Sqft $134
Subdivision Victory 2
MLS Listing ID 2907113
Sold Date 09/30/25
Year Built 1934
Annual Tax Amount $1,630
Lot Dimensions 70 x 237 IRR
Property Description
**Attention Investors!** Check out this triplex in a prime location near Tennessee Tech, situated on a spacious 0.37-acre lot. The property is positioned at the front of the lot and is zoned RD. This 2,124 sq ft triplex features two 1-bedroom, 1-bathroom units on the ground level and one 2-bedroom, 1-bathroom unit on the second floor. Each unit is equipped with its own electric meter, and tenants are responsible for their electricity usage. The owner covers the water bill. All units are currently occupied, providing immediate rental income. The property benefits from a new roof plus new water heaters for each unit. The gross annual income for this property is $19,800. To schedule a viewing, please call us today. Kindly note that a 24-hour notice is required for all appointments. *All information is deemed reliable but is not guaranteed and should be independently verified.
Location
State TN
County Putnam County
Interior
Heating Electric, Other
Cooling Central Air
Flooring Carpet, Laminate, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available
View Y/N false
Roof Type Other
Private Pool false
Building
Structure Type Frame,Vinyl Siding
New Construction false
Schools
Elementary Schools Park View Elementary
Middle Schools Prescott South Middle School
High Schools Cookeville High School
Others
Senior Community false
Special Listing Condition Standard
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