Active

11279 Nashville Hwy

Baxter, TN 38544
Mark as Favorite

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!

Read More Expand

Detail Ic Property Details

Property Type : Residential Income

Price : $729,998

AD Id : 86572516

MLS Id : RTC3250882

Living Area Size : 6,400

Year Built : 1988

County : Putnam County

  • Map Map

Map

Map What's Nearby

Map Nearby Areas

Feature Features

  • Interior Features

    Roof: Metal

    Roofing Information

    Metal
  • Flooring Information

    Flooring: Carpet, Concrete, Luxury Vinyl, Vinyl Construction Materials: Frame
  • Heating & Cooling

    Heating: Electric Has Heating: Yes Cooling: Central Air Has Cooling: Yes WaterSource: Well

  • Building Information

    Year Built: 1988

  • Lot Information

    Lot Dimensions: 52272

    Property Information

    Property Type: Residential Income Structure Type: Multi Family

  • Listing Price Information

    Original List Price:$729998

  • Tax Information

    Annual Tax: $1065 Parcel Number: 036 00801 000

  • School Information

    Elementary School: Baxter Primary Junior High School: Upperman Middle School Senior High School: Upperman High School
  • Utility Information

    Electricity Available Sewer: Septic Tank Water Source: Well
  • Location Information

    Subdivision: NA City: Baxter Direction: 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).
Sell a home like this and save $43,301 Find out How

How much is this property worth?

Curious about this home's true market value? Use our free Home Evaluation Tool to instantly get a personalized Comparative Market Analysis (CMA) report. Make smarter, data-driven decisions before you buy.

Images
Loading, please wait...

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
8272 Burgess Falls Rd, Baxter, TN, 38544 $949,000 4 3 2,800 2,800 SqFt
6955 Sweet Magnolia Way, Baxter, TN, 38544 $665,000 3 4 2,725 2,725 SqFt
5335 Hickey Ridge Rd, Baxter, TN, 38544 $995,000 3 2 2,017 2,017 SqFt
173 W Minster Dr, Baxter, TN, 38544 $419,900 3 3 2,440 2,440 SqFt
753 Vintage Dr, Baxter, TN, 38544 $799,900 3 4 2,660 2,660 SqFt
5931 Buffalo Valley Rd, Baxter, TN, 38544 $999,999 3 3 2,216 2,216 SqFt
7087 Brittney Cir, Baxter, TN, 38544 $348,000 3 2 1,931 1,931 SqFt
4015 Baxter Rd, Baxter, TN, 38544 $750,000 3 3 3,063 3,063 SqFt
301 Oliver Way, Baxter, TN, 38544 $385,000 4 3 2,312 2,312 SqFt
312 Oliver Way, Baxter, TN, 38544 $300,000 3 2 1,482 1,482 SqFt
Broker Logo

Disclaimer: The information being provided courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID and is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the REALTRAC (RT RealTracs). ByOwner.com is not a Multiple Listing Service (MLS), nor does it offer MLS access. ByOwner.com is a broker participant of REALTRAC (RT RealTracs). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.

Based on information submitted to the MLS GRID as of 06/30/2026 @ 18:20. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Properties displayed may be listed or sold by various participants in the MLS.

Consumer use of IDX Listings Disclaimer: Based on information submitted to the MLS GRID as of 06/30/2026 @ 18:20. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.


DMCA Notice: The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
“The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

ByOwner last updated this listing 06/30/2026 @ 18:20

MLS: REALTRAC #3250882 LISTED BY: Elijah Castelli, Elevate Real Estate 931-283-2312 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)

Homes around $729,998

Selling? Save $43,301 when you sell a home like this

Tour with a ByOwner Agent