1325 Maddux Ave, Cookeville, TN 38501

$236,666
4
BD
2
BA
1,325
SqFt

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Sold Price
$236,666
List Price
$259,000
Status
CLOSED
MLS#
3182363
Days on Market
84
Closing Date
Jul 17, 2026
Bedrooms
4
Bathrooms
2
Full Bathrooms
2
Living Area
1,325
Lot Size
9,583
Acres
0.22
County
Putnam

Property Description

1305 Maddux Avenue | Cookeville, TN – Student Housing Investment | Fully Leased Near Tennessee Technological University Turnkey, income-producing student housing property located in one of Cookeville’s most consistent and high-demand rental corridors near Tennessee Technological University. This 4-bedroom, 2-bath brick home is 100% leased to Tennessee Tech students, with each bedroom renting for approximately $450/month, generating up to $1,800/month gross rental income. Property operates under a proven rent-by-the-room model, delivering reliable cash flow and strong occupancy rates. Portfolio Opportunity – Buy One or All This property is 1 of 3 multifamily-style residential investment homes and can be purchased: Individually OR As a package deal including: 1315 Maddux Avenue 1325 Maddux Avenue Ideal for investors seeking to scale a student housing portfolio in a prime Cookeville location. Investment Highlights: Fully occupied student housing investment $450/month per bedroom rental income model Up to $1,800/month gross income potential Durable brick construction Minutes to Tennessee Tech campus & downtown Cookeville Strong year-round rental demand Multifamily-style returns from a single-family property Excellent for house hacking, long-term rental, or portfolio expansion Located in a proven student housing corridor in Cookeville, TN, this property offers immediate cash flow, low vacancy risk, and long-term appreciation potential in the growing Middle Tennessee market. Investor Notes: Property is currently leased; financials and lease details available upon request. Buyer to verify zoning, rental regulations, and all usage guidelines.

Additional Information

Elementary School
Jere Whitson Elementary
High School
Cookeville High School
Living Area
1,325
Lot Dimensions
82.5M X 150M IRR
Subdivision
Gaw Brothers
Subtype
Single Family Residence
Year Built
1963
Type
Single Family Residential

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Listing courtesy of First Realty Company. Selling Office: Highlands Elite Real Estate.

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