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507 Spring St E, Cookeville, TN 38501

Cookeville
Local realty services provided by:CENTURY 21 Premier
507 Spring St E,Cookeville, TN 38501
$369,929
  • - Beds
  • - Baths
  • 2,728 sq. ft.
  • Multi-family
  • Active
Listed by: heather skender-newton
Office: skender-newton realty
MLS#:3135681
Source:NASHVILLE

Price summary

  • Price:$369,929
  • Price per sq. ft.:$135.6

About this home

Multiple units in one! 507 & 509 E Stevens Street present a rare opportunity to acquire a fully renovated multi-unit investment property in one of the city’s most desirable locations. Situated in the Capshaw school zone, the property consists of a 3-bedroom, 1-bath single-family home (1,192 SF) and a separate two-unit structure featuring a 1 bed, 1 bath unit and a 2 bed, 1 bath unit (768 SF each). The property is grandfathered as multi-unit under RS-15 zoning and benefits from strong rental demand due to its location. All units underwent comprehensive renovations in 2022, including new HVACs, plumbing & sewer replacement, new water heaters, updated electrical components, new windows & doors, new flooring, fully remodeled bathrooms, new cabinets & countertops, new appliances, fresh trim and paint, and much more. This property offers predictable cash flow and long-term stability, making it ideal for investors and homeowners alike. 13 month home warranty for peace of mind.

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Home facts

  • Year built:1940
  • Listing ID #:3135681
  • Added:3 day(s) ago
  • Updated:March 02, 2026 at 04:55 PM

Rooms and interior

  • Flooring:Laminate, Tile
  • Living area:2,728 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central

Structure and exterior

  • Year built:1940
  • Building area:2,728 sq. ft.
  • Construction Materials:Aluminum Siding, Vinyl Siding
  • Levels:1 Story

Schools

  • High school:Cookeville High School
  • Middle school:Avery Trace Middle School
  • Elementary school:Capshaw Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$369,929
  • Price per sq. ft.:$135.6
  • Tax amount:$1,730
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