2465 Benton Young Rd Cookeville, TN $ 1,275,000
2465 Benton Young Rd
$ 1,275,000
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2465 Benton Young Rd

Cookeville, TN, 38501
$ 1,275,000
Bedrooms8 Baths4.0 Sq 9,215

Monthly Estimate*

$ 8,806

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Multi-Family Home for sale in Cookeville, TN

for $1,275,000 with 8 bedrooms and 4 full baths. This 9,215 square foot home was built in 1973.

Sitting minutes from Tennessee Tech University, this 12-unit multifamily community is a well-maintained asset located in the growing Cookeville market. Positioned on a full one-acre parcel, the property consist of 2bd/1ba units totaling 9215 sq ft. Each unit has in-unit laundry hookups and supported by ample front and rear parking. Property has received meaningful updates over the past two years including 6 full interior updates, upgraded cabinetry in additional units, and fresh exterior paint. Major systems have also been addressed, with all HVAC units replaced within the last three years, a durable metal roof installed under 12 years ago, and the septic system has been inspected by TDEC following recent work. New gutters coming soon. Each unit is separately metered for electricity with tenant-paid usage, while water is master-metered and reimbursed at $25/unit/month. With continued interior/exterior upgrades and potential refinements to utility reimbursement, investors have opportunities to further enhance NOI. Sun Valley is strategically located just minutes from Downtown Cookeville and TN Tech - an area experiencing steady population growth, a strong renter base, and increasing investor interest across the region.

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Multi-Family Active

Price

$ 1,275,000

Bedrooms

8

Full Bath

4

Property Type

Multi-Family

Taxes

$ 3,141

Style

Multi Family

Year Built

1973

Town/City

Cookeville

County/Region

Putnam

MLS | Web ID

3601955

Features
General
Living Area 9215
Sewer Septic Tank
Heating Central
Cooling Central Air
Utilities Water Available
Possession Close Of Escrow
Roof Metal
Zoning None
Garage Spaces 0
Construction Materials Frame Brick
Year Built 1973
Tenant Pays Cable TV Electricity
Stories Count 2
Levels Two
Gross Income 123900
County Putnam County TN
Net Operating Income 87848
Operating Expense 36052
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name None - Rural
Garage Y/N N
Rent Includes Trash Collection Water
Status Active
Buyer Financing Conventional Seller Financing
Directions I-40 E and exit 283. L onto TN Ave. R onto US-70N E/W Broad St. L onto County Farm Rd. R onto Benton Young Rd. Property will be on the left.
High School Upperman High School
City Cookeville
Senior Community Y/N N
Open Parking Spaces 20
Number Of Units Total 12
Lot Size Units Acres
Elementary School Cane Creek Elementary
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 3141
Middle/Junior High School Upperman Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 4390
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Interior
Flooring Luxury Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 6290
Laundry Features Individual Electric Dryer Hookup Washer Hookup
Below Grade Finished Area 2925
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Water Source Public
Total Parking 20
Inclusions Appliances
Building Area Total 9215
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 2465
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* Excluded Features
List By
Residential Investment Advisors

Broker

albert@ria-inc.com

Email

Affordability Calculator

$9,068
Per Month
97%
3%
0%
Monthly Principal & Interest
$8,806
Monthly Property Taxes
$262
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
2373476 Elementary School
2442199 Middle School
Upperman High School High School
Pricing History
DatePricePrice ChangeDescription
9/28/2026$1,275,000 Listed Price

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2465 Benton Young Rd, Cookeville, TN, 38501 is a Multi-Family Home for sale at $1,275,000 with 9,215 sqft. 2465 Benton Young Rd has 8 bedrooms, 4.0 baths, and was built in 1973. The property's zip code is 38501 which is in Cookeville, TN