11279 Nashville Hwy Baxter, TN $ 679,998
11279 Nashville Hwy
$ 679,998
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11279 Nashville Hwy

Baxter, TN, 38544
$ 679,998
Bedrooms5 Baths2.0 Sq 6,400

Monthly Estimate*

$ 4,294

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Multi-Family Home for sale in Baxter, TN

for $679,998 with 5 bedrooms and 2 full baths. This 6,400 square foot home was built in 1988.

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

$ 679,998

Bedrooms

5

Full Bath

2

Property Type

Multi-Family

Taxes

$ 1,065

Style

Multi Family

Year Built

1988

Town/City

Baxter

County/Region

Putnam

MLS | Web ID

3250882

Features
General
Living Area 6400
Sewer Septic Tank
Heating Electric
Cooling Central Air
Utilities Electricity Available
Possession Negotiable
Roof Metal
Zoning Res
Garage Spaces 0
Security Features Smoke Detector(s)
Construction Materials Frame
Year Built 1988
Tenant Pays Cable TV Electricity
Stories Count 2
Levels Two
Gross Income 123456
County Putnam County TN
Net Operating Income 0
Operating Expense 123456
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name NA
Garage Y/N N
Rent Includes None
Status Active
Buyer Financing Conventional Other
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).
High School Upperman High School
City Baxter
Senior Community Y/N N
Number Of Units Total 5
Lot Size Units Acres
Elementary School Baxter Primary
Property Attached Y/N Y
Year Built Details Approximate
Tax Annual Amount 1065
Middle/Junior High School Upperman Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 2000
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Interior
Flooring Carpet Concrete Luxury Vinyl Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 6400
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Owner
Above Grade Finished Area Source Owner
Above Grade Finished Area Unit Type Square Feet
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Exterior
Water Source Well
Total Parking 0
Inclusions Appliances Other
Building Area Total 6400
Lot Dimensions 52272
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 11279
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* Excluded Features
List By
Elevate Real Estate

Broker

admin@teamcastelli.com

Email

Affordability Calculator

$4,382
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,294
Monthly Property Taxes
$89
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
2813651 Elementary School
2442199 Middle School
Upperman High School High School
Pricing History
DatePricePrice ChangeDescription
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 $679,998 with 6,400 sqft. 11279 Nashville Hwy has 5 bedrooms, 2.0 baths, and was built in 1988. The property's zip code is 38544 which is in Baxter, TN