Bought with Chad D. Crouch
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1305 Maddux Ave Cookeville, TN 38501
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Key Details
Sold Price $236,666
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,325 sqft
Price per Sqft $178
Subdivision Gaw Brothers
MLS Listing ID 3182346
Sold Date 07/17/26
Bedrooms 4
Full Baths 2
HOA Y/N No
Year Built 1963
Annual Tax Amount $1,027
Lot Size 9,583 Sqft
Acres 0.22
Lot Dimensions 82.5M X 150M IRR
Property Sub-Type Single Family Residence
Property Description
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.
Location
State TN
County Putnam County
Rooms
Main Level Bedrooms 4
Interior
Interior Features High Speed Internet
Heating Natural Gas
Cooling Central Air
Flooring Wood
Fireplace N
Appliance Electric Range, Dishwasher, Refrigerator
Exterior
Utilities Available Natural Gas Available, Water Available, Cable Connected
View Y/N false
Private Pool false
Building
Story 1
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
Elementary Schools Jere Whitson Elementary
Middle Schools Prescott South Middle School
High Schools Cookeville High School
Others
Senior Community false
Special Listing Condition Standard
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