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Sold for $285,000 on 09/30/25
  • $285,000

    338 S Cedar Ave, Cookeville, TN 38501

    4beds
    3baths
    2,124sqft
    Triplex
    Built in 1934
    -- sqft lot
    $286,000 Zestimate®
    $134/sqft
    $1,622 Estimated rent

    Owner options

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    $1,622/mo

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    $1,622/mo

    Rent Zestimate®

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    $1,576/mo

    Est. payment

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    $1,576/mo

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    What's special

    **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.

    Zillow last checked: 8 hours ago

    Listing updated: September 30, 2025 at 03:03pm

    Listed by:

    Donna Marie Baisley,

    Baisley Hometown Realty, LLC

    Bought with:

    Donna Marie Baisley, 328014

    Baisley Hometown Realty, LLC

    Source: UCMLS,MLS#: 237154MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    Heating
    • Electric, Baseboard, Other
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Electric Oven, Refrigerator, Electric Range, Electric Water Heater
    • Laundry: In Unit, Other
    Features
    • Ceiling Fan(s)
    • Basement: Crawl Space
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 2,124
    • Total interior livable area: 2,124 sqft

    Property

    Features
    • Entry location: Unit 1 Location(U),Unit 2 Location(B),Unit Location(B)
    • Patio & porch: Porch, Deck
    • Exterior features: Lawn
    Lot
    • Size: 0.37 Acres
    • Dimensions: 70 x 237 IRR
    Details
    • Parcel number: 009.00
    • Zoning: RD

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Triplex
    Materials
    • Vinyl Siding, Frame
    • Roof: Shingle
    Condition
    • Year built: 1934

    Utilities & green energy

    • Electric: Circuit Breakers, Separate Meter
    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Cookeville

    HOA & financial

    Other financial information
    • Total actual rent: 1650

    Other

    Other facts
    • Listing terms: Cash,Conventional,Other