1814 Salem Rd Cookeville, TN $ 9,200,000
1814 Salem Rd
$ 9,200,000
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1814 Salem Rd

Cookeville, TN, 38506
$ 9,200,000
Bedrooms-- Baths0.0 Sq 40,250

Monthly Estimate*

$ 63,542

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Multi-Family Home for sale in Cookeville, TN

for $9,200,000. This 40,250 square foot home was built in 1973 on a lot size of 2.08.

Presenting HomeBridge Apartments, a 112-unit property located in Cookeville, Tennessee. Originally built in 1973, the property consists entirely of studio units and was fully renovated in 2023. In addition to the existing units, there is potential to add several more by converting existing storage rooms, maintenance areas, and former office space that was previously configured as guest rooms. The average monthly rent per unit is $1,100. Conveniently located near Tennessee Tech University, Cookeville Regional Medical Center, and major employers, the property provides easy access to the area's primary employment centers, shopping, dining, and Interstate 40.

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Multi-Family Active

Price

$ 9,200,000

Property Type

Multi-Family

Taxes

$ 32,204

Style

Lot Size

2.08

Year Built

1973

Town/City

Cookeville

County/Region

Putnam

MLS | Web ID

1357412

Features
General
Heating Central Natural Gas
Cooling Central Cooling
Appliances Microwave Refrigerator Other
Construction Materials Brick
Year Built 1973
County Putnam County - 53
Property Type Multi-Family
Attached Garage false
Status Active
Directions From I-40W take exit 288 toward Sparta. Turn left onto Hwy 111 S (TN-111 S) toward Sparta/Upper Cumnerland Regional Airport. Go for 0.4mi then turn left toward Southside Dr. Turn left onto Salem Road. Arrive at property.
High School Cookeville
City Cookeville
Number Of Units Total 112
MLS Area Putnam County - 53
Lot Size Units Square Feet
Lot Size Square Feet 90604
Elementary School Prescott South
Middle/Junior High School Prescott South
MLS Area Minor Putnam County - 53
Standard Status Active
New Financing Cash true
New Financing Coventional true
New Financing New Loan true
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Interior
Flooring Vinyl
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Exterior Amenities Balcony
Parking Features On Premise Parking
Lot Size Area 90604
Building Area Total 40250
Lot Dimensions n/a
Lot Size Acres 2.08
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* Excluded Features
List By
Kevin G. Tipton

Listing Agent

Pwa Properties

Broker

Affordability Calculator

$66,226
Per Month
96%
4%
0%
Monthly Principal & Interest
$63,542
Monthly Property Taxes
$2,684
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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Nearby
4443864 Elementary School
4793574 Middle School
Cookeville High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$9,200,000 Listed Price

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1814 Salem Rd, Cookeville, TN, 38506 is a Multi-Family Home for sale at $9,200,000 with 40,250 sqft and a lot size of 2.08. 1814 Salem Rd has 0.0 baths and was built in 1973. The property's zip code is 38506 which is in Cookeville, TN