11279 Nashville Hwy Baxter, TN $ 729,998
11279 Nashville Hwy
$ 729,998
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11279 Nashville Hwy

Baxter, TN, 38544
$ 729,998
Bedrooms9 Baths4.0 Sq 6,400

Monthly Estimate*

$ 4,609

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Multi-Family Home for sale in Baxter, TN

for $729,998 with 9 bedrooms and 4 full baths. 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. Foam siding on detached building. 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

$ 729,998

Bedrooms

9

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,065

Style

Apartments

Lot Size

1.2

Year Built

1988

Town/City

Baxter

County/Region

Putnam

MLS | Web ID

245424

Features
Interior
Interior Amenities Smoke Detectors
Basement 0
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General
Sewer Septic Tank
Construction Frame
Heating Electric
Cooling Central Air
Possession Negotiable
Roof Metal
Appliances Dishwasher Electric Oven Refrigerator Electric Range
Laundry Y/N Available On Site
Water Well
Water Heater Electric
Fireplaces None
Windows Double Pane Windows
County Putnam
Terms Cash Conventional
Status Active
Car Storage 0
Patio/Deck Deck
Area Putnam Co NW TN
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).
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Exterior
Exterior Amenities Paved Streets Outbuilding(s)
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* Excluded Features
List By
Elijah Castelli

Listing Agent

Elevate Real Estate

Broker

elijah@teamcastelli.com

Email

Affordability Calculator

$4,698
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,609
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
2633377 Elementary School
2633378 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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 $729,998 with 6,400 sqft and a lot size of 1.2. 11279 Nashville Hwy has 9 bedrooms, 4.0 baths, and was built in 1988. The property's zip code is 38544 which is in Baxter, TN