**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.
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
What's special
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#: 237154
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