507 E Stevens St, Cookeville, TN 38501

New
$369,929
Property Type: Single Family Bedrooms: 6 Square Footage: 2,278 Lot Size (sq. ft.): 18,731 Status: Active
Current Price: $369,929 List Date: 2/26/2026 Last Modified: 2/26/2026

Description

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.

More Information MLS# 1330603

Contract Info

Auction Y/N: No Listing Price: 369929 Current Price: $369,929 Status: Active Listing Date: 2026-02-26

Location, Tax & Legal Info

Area: Putnam County - 53 Property Sub-Type: Residential City/County Code: City Limits Total Tax: 1729.74

General Property Description

Type: Ranch # Bedrooms: 6 Lot Dimensions: 95x200 Acres: 0.43 Acre Source: Tax Records # of Rooms: 9 Restrictions: No Site Built: Yes Fireplace: No Property Status: N/A SqFt - Main Lvl: 2278 SqFt - Down Lvl: 0 SqFt - 2nd Flr Lvl: 0 SqFt - 3rd Flr Lvl: 0 Total Unfinished SqFt: 0 # Fireplace: 0 HOA: No Basement: No Bonus Room: No Extra Storage: Yes SqFt - Total (Aprox): 2278 Baths - Full: 3 Year Built: 1940

Remarks & Misc

Directions: From PCCH, S on S. Lowe St, L on Stevens St, property on R. Public Remarks: 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.

Atchd/Dtchd Type

Detached: 1

Style

Other: 1

Construction

Block: 1 Frame: 1

Siding

Vinyl: 1

Fireplace

None: 1

Cooling

Central Cooling: 1

Floors

Tile: 1 Vinyl: 1

Garage/Parking

None: 1

Basement

Crawl Space: 1 Slab: 1

Lot Description

Irregular Lot: 1

Fuel

Electric: 1

View

Other: 1

Heat

Central: 1

Appliances

Range: 1 Refrigerator: 1

Exterior Features

Deck: 1

Misc Features

Pantry: 1

Sewer

Public Sewer: 1

Water

Public: 1

Outbuildings

Guest House: 1

New Financing

Cash: 1 Conventional: 1

Location Tax Legal Info

House #: 507 St Dir: E Street Name: Stevens St Suffix: St State/Province: TN Zip Code: 38501 PIN #: 053N B 014.01 Geo Lat: 36.155857 Geo Lon: -85.496793

Status Change Info

Status Change Date: 2026-02-26

Property Features

Style: Other Construction: Block; Frame Siding: Vinyl Basement: Crawl Space; Slab Lot Description: Irregular Lot View: Other Fireplace: None Floors: Tile; Vinyl Fuel: Electric Heat: Central Cooling: Central Cooling Appliances: Range; Refrigerator Sewer: Public Sewer Water: Public Misc Features: Pantry Exterior Features: Deck Outbuildings: Guest House New Financing: Cash; Conventional
Listing Office: Skender-Newton Realty
IDX
Office Phone: 931-261-9001
Last Updated: February - 26 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.