11279 Nashville Hwy, Baxter, TN 38544

New Listing
$729,998
Property Type: Multi-Family Square Footage: 6,400 Lot Size (sq. ft.): 52,272 Status: Active
Current Price: $729,998 List Date: 6/26/2026 Last Modified: 6/26/2026

Overview

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!

Listing Details MLS# 1346108

Location Tax Legal Info

House #
11279
Street Name
Nashville
St Suffix
Hwy
State/Province
TN
Zip Code
38544
PIN #
036 00801 000

Contract Info

Auction Y/N
No
Listing Price
729998

General Property Description

SqFt - Total (Aprox)
6400
Lot Dimensions
Approx 1.2 Acres
Lot Size SqFt
52272
Number of Units
5
# Units Leased
4
Utilities/Mo Avg
123456
Year Built
1988
Property Status
N/A
Restrictions
No
Driveway
No
Total Unfinished SqFt
0

Status Change Info

Status Change Date
2026-06-26

Location, Tax & Legal Info

Area
Putnam County - 53
City/County Code
County
Total Tax
1065.33

Remarks & Misc

Directions
From PCCH: go W on E Spring St / US-70N W, go straight to stay on US-70N W, drive about 11 miles, property will be on your R, see sign! (If you pass Cole's Country Store on your L, you've gone too far).
Public Remarks
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!

More Information

Property Sub-Type

Apartment
Yes
Other
Yes

Construction

Frame
Yes

Type of Units

2 Bedroom Unit
Yes
3 or more Bdrm Units
Yes

Siding

Vinyl
Yes
Other
Yes

Sale Includes

Building and Land
Yes
Some Furnishings
Yes

Cooling

Central Cooling
Yes

Floors

Carpet
Yes
Luxury Vinyl Plank
Yes
Vinyl
Yes
Other
Yes

Garage/Parking

Off-Street Parking
Yes

Tenant Expenses

Tenant Pays All Util
Yes

Owner Expenses

Roof Maintenance
Yes

Fuel

Electric
Yes

Heat

Central
Yes

Appliances

Dishwasher
Yes

Other Rooms

Other
Yes

Roof

Metal
Yes

New Financing

Cash
Yes
Conventional
Yes

Showing

See Agent Instructns
Yes

Property Features

Property Sub-Type: Apartment; Other Type of Units: 2 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Building and Land; Some Furnishings Floors: Carpet; Luxury Vinyl Plank; Vinyl; Other Tenant Expenses: Tenant Pays All Util Owner Expenses: Roof Maintenance Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Dishwasher Construction: Frame Roof: Metal Siding: Vinyl; Other Other Rooms: Other New Financing: Cash; Conventional Showing: See Agent Instructns
IDX
Listing Office: Elevate Real Estate
Last Updated: June - 26 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.