Highlands Elite Real Estate
Properties/Cookeville, TN

$259,000

1305 Maddux Ave
Cookeville, TN 38501 · Putnam County, TN · Gaw Brothers
Listing courtesy of First Realty Company · Updated 23 days ago
4 beds
2 baths
1,325 sqft
0.22 acres

About this home

310 Maddux Avenue | Cookeville, TN – Student Housing Investment Opportunity Near Tennessee Technological University Turnkey income-producing property located in one of Cookeville’s most consistent rental corridors. This 4-bedroom, 2-bath home is ideally suited for student housing and has a proven track record of leasing bedrooms individually. Property has historically generated approximately $450 per bedroom, producing up to $1,800/month gross rental income potential. This structure allows investors to benefit from multifamily-style cash flow while owning a single-family asset. Key Features: 4 Bedrooms | 2 Bathrooms Established student rental income model Minutes to Tennessee Tech campus Strong occupancy demand year-round Ideal for house hacking, long-term rental, or portfolio expansion Located in a high-demand area for student rentals in Cookeville, this property offers both immediate income potential and long-term appreciation upside. Investor Notes: Rental projections are based on prior performance. Buyer to verify all zoning, leasing regulations, and short-term rental eligibility. The home offers a practical layout and proximity to downtown Cookeville, campus, and local amenities, supporting a variety of residential or investment uses.

Year built
1963
Property type
House
$/sqft
$195
Days on market
84
MLS #
3182346
Status
Sold
County
Putnam County, TN
Lot size
0.22 acres

Features

Location

1305 Maddux Ave, Cookeville, TN 38501

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IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing data is deemed reliable but is not guaranteed accurate by the Upper Cumberland Association of REALTORS®, the source of this information. Properties may be listed by brokerages other than Highlands Elite Real Estate.