11279 Nashville Hwy Baxter, TN $ 599,998
11279 Nashville Hwy
$ 599,998
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11279 Nashville Hwy

Baxter, TN, 38544
$ 599,998
Bedrooms-- Baths0.0 Sq 6,400

Monthly Estimate*

$ 4,144

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Multi-Family Home for sale in Baxter, TN

for $599,998. This 6,400 square foot home was built in 1988 on a lot size of 1.2.

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!

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Multi-Family Active

Price

$ 599,998

Property Type

Multi-Family

Taxes

$ 1,065

Style

Lot Size

1.2

Year Built

1988

Town/City

Baxter

County/Region

Putnam

MLS | Web ID

1346108

Features
General
Heating Central Electric
Cooling Central Cooling
Appliances Dishwasher
Construction Materials Vinyl Siding Frame Other
Year Built 1988
County Putnam County - 53
Property Type Multi-Family
Attached Garage false
Status Active
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).
City Baxter
Number Of Units Total 5
MLS Area Putnam County - 53
Lot Size Units Square Feet
Lot Size Square Feet 52272
MLS Area Minor Putnam County - 53
Standard Status Active
New Financing Cash true
New Financing Coventional true
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Interior
Flooring Carpet Vinyl Other
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Off-Street Parking
Lot Size Area 52272
Building Area Total 6400
Lot Dimensions Approx 1.2 Acres
Lot Size Acres 1.2
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* Excluded Features
List By
Elijah Castelli

Listing Agent

Elevate Real Estate

Broker

admin@teamcastelli.com

Email

Affordability Calculator

$4,233
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,144
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/30/2026$599,998 -7.12% Price Down
9/3/2026$645,998 -5.00% Price Down
8/4/2026$679,998 -2.86% Price Down
7/23/2026$700,000 -4.11% Price Down
6/26/2026$729,998 Listed Price

Map


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11279 Nashville Hwy, Baxter, TN, 38544 is a Multi-Family Home for sale at $599,998 with 6,400 sqft and a lot size of 1.2. 11279 Nashville Hwy has 0.0 baths and was built in 1988. The property's zip code is 38544 which is in Baxter, TN