About This Home

This 9-bedroom, 4-bathroom multi-family at 11279 Nashville Hwy in Baxter, TN is listed for $599,998 ($94 per sqft). Built in 1988, the home offers 6,400 sqft of living space on a 1.20 acres lot.

Key Features

  • Built in 1988
  • 1.20 acre lot

Property Details

4 full
1988

Amenities

A/C
Listing Description

FANTASTIC INVESTMENT OPPORTUNITY with immediate income potential & room to grow! Situated on approximately 1.2 acres, this unique property features 5 apartment units plus a detached storage building with endless possibilities. Apartments include (3) 800 sqft 2BR/1BA units, (1) spacious 1300 sqft 3BR/1BA unit, & (1) 1100 sqft 2BR/1BA unit currently under renovation.

A former 1600 sqft store has been converted into one large storage unit & could easily be divided into multiple units for additional rental income. Foam siding on detached building. Major updates already completed including PEX plumbing & new 50-gallon water heaters in all apartments.

Property is currently on well water with city water available at the road. Conveniently located just 20 minutes to Cummins Falls State Park or Downtown Cookeville & only an hour to BNA. Excellent location for long-term rental demand. 48-hour notice required for all showings. Schedule your tour today!, Baxter Primary/Upperman

Monthly Cost Estimate

$3,209/mo

20% down · 6.5% · 30 years

Principal$434
Interest$2,600
Insurance$175

Estimates only. Actual payments may vary.

Location

11279 Nashville Hwy

Baxter, TN 38544

Property Details

Flooring

ConcreteCarpetVinyl

Construction

Frame Vinyl Siding

Outdoor Features

Deck

Heating

Electric (Heating)

Cooling

Central Air

Appliances

Electric Water HeaterDishwasherElectric OvenRefrigeratorElectric Range

Questions & Answers

This 9-bedroom, 4-bathroom multi-family at 11279 Nashville Hwy is listed at $599,998 ($94/sqft). The estimated monthly payment is $3,209 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1988, 1.20 acre lot.

This property is listed by Elijah Castelli.

EC

Elijah Castelli

Agent at Elevate Real Estate

Listed by Elevate Real Estate · Broker phone: (931) 261-8748 · View on Broker Site · Broker website

MLS# 245424· Source: Upper Cumberland Association of Realtors· 6 days on PropertySimple

Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

11279 Nashville Hwy, Baxter, TN 38544

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