2465 Benton Young Rd, Cookeville, TN 38501
- $1,275,000
- 9,215
- SqFt
- List Price
- $1,275,000
- MLS#
- 3601955
- Days on Market
- 0
- Property Type
- Multifamily
- Sqft. of Residence
- 9,215
- County
- Putnam County
- Status
- ACTIVE
Property Description
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.
/u.realgeeks.media/movingtofranklin/troubinside.jpg)
Additional Information
- Construction Type
- Frame, Brick
- Cooling System
- Central Air
- Elementary School
- Cane Creek Elementary
- Floor Types
- Luxury Vinyl
- Heating System
- Central
- High School
- Upperman High School
- Junior High School
- Upperman Middle School
- Laundry
- Individual, Electric Dryer Hookup, Washer Hookup
- Living Area
- 9,215
- Number Of Stories
- 2
- Roofing Material
- Metal
- Sewer System
- Septic Tank
- Subdivision
- None - Rural
- Tax Amount
- $3,141
- Water Source
- Public
- Year Built
- 1973
- Type
- Multifamily
Mortgage Calculator
Listing courtesy of Residential Investment Advisors.
Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.