Price Reduced Listing
$575,000
 $3,087 est/mo Sourced by Back At You

11279 Nashville Hwy,Baxter, TN 38544

Baxter, TN 38544

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Description

FANTASTIC INVESTMENT OPPORTUNITY with immediate income potential & room to grow! Situated on approximately 1.2 acres, this unique property features 5 apartment units plus a detached storage building with endless possibilities. Apartments include (3) 800 sqft 2BR/1BA units, (1) spacious 1300 sqft 3BR/1BA unit, & (1) 1100 sqft 2BR/1BA unit currently under renovation. A former 1600 sqft store has been converted into one large storage unit & could easily be divided into multiple units for additional rental income. Major updates already completed including PEX plumbing & new 50-gallon water heaters in all apartments. Property is currently on well water with city water available at the road. Conveniently located just 20 minutes to Cummins Falls State Park or Downtown Cookeville & only an hour to BNA. Excellent location for long-term rental demand. 48-hour notice required for all showings. Schedule your tour today!

Details

MLS #3250882
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1988
Days On Site131
Listing Provided ByElevate Real Estate | Elijah Castelli

Features

SQ Feet6,400
Story(s)2
Units5
ZoningRes
Acreage52272.00

Parking

Garage Yes / NoNo

Taxes

Property1065

Area Information

StateTN
CountyPutnam County
CityBaxter
Zip Code38544
AreaPutnam County | TN
School DistrictUpperman High School
Elementary SchoolBaxter Primary
High SchoolUpperman High School
Listing VS Median (in NA)
Price:
$575,000
low | high
Med:
$359,900
87.408695652174% of Average
sqft:
6,400
low | high
Med:
1,650
100% of Average
$ / sqft:
$90
low | high
Med:
$218
92.778392621871% of Average
On site:
131
low | high
Med:
25
100% of Average
Sourced by Back At You

Market Activity 38544

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 Listings courtesy of RealTracs MLS as distributed by MLS GRID.

Based on information submitted to the MLS GRID as of November 4, 2026 at 5:14:58 AM PST All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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Learn More About This Property

StateTN
CountyPutnam County
CityBaxter
Zip Code38544
AreaPutnam County | TN
School DistrictUpperman High School
Elementary SchoolBaxter Primary
High SchoolUpperman High School
Listing VS Median (in NA)
Price:
$575,000
low | high
Med:
$359,900
87.408695652174% of Average
sqft:
6,400
low | high
Med:
1,650
100% of Average
$ / sqft:
$90
low | high
Med:
$218
92.778392621871% of Average
On site:
131
low | high
Med:
25
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $431K - $718K
sqft: 4,500 - 8,000
Nearby Listings Property ImageNearby Listings Details
11279 Nashville Hwy Property Photo 1
$575,000
11279 Nashville Hwy
Baxter, TN 38544
Listing Updated: October 31, 2026 at 2:53:57 AM PDT