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!
For sale
Price cut: $30K (7/23)
$700,000
11279 Nashville Hwy, Baxter, TN 38544
11beds
6,400sqft
:
Get pre-qualified$4,209/mo
Single Family Residence
Built in 1988
1.2 Acres Lot
$-- Zestimate®
$109/sqft
$-- HOA
What's special
Detached storage buildingPex plumbing
- 29 days |
- 170 |
- 3 |
Zillow last checked:
Listing updated:
Listed by:
Elijah Castelli,
Elevate Real Estate 931-520-6450
Source: UCMLS,MLS#: 245418
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Electric, Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Refrigerator, Electric Range, Electric Water Heater
- Laundry: Upper Level, Main Level
Features
- New Floor Covering, New Paint, Ceiling Fan(s)
- Windows: Double Pane Windows
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 6,400
- Total interior livable area: 6,400 sqft
Video & virtual tour
Property
Parking
- Parking features: None
Features
- Levels: Two
- Patio & porch: Deck
- Has view: Yes
- View description: No Water Frontage View Description
- Water view: No Water Frontage View Description
- Waterfront features: No Water Frontage View Description
Lot
- Size: 1.2 Acres
- Dimensions: Appro x 1.2 Acres
- Features: Corner Lot, Wooded, Views, Trees
Details
- Additional structures: Outbuilding
- Parcel number: 008.01
- Zoning: Res
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Vinyl Siding, Other, Frame
- Foundation: Slab
- Roof: Metal
Condition
- Year built: 1988
Utilities & green energy
- Electric: Circuit Breakers
- Sewer: Septic Tank, Shared Septic
- Water: Well
- Utilities for property: Natural Gas Not Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: None
HOA
- Has HOA: No
- Amenities included: None
Location
- Region: Baxter
Financial & listing details
- Price per square foot: $109/sqft
- Tax assessed value: $160,200
- Annual tax amount: $1,065
- Date on market: 6/26/2026
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Price change | $700,000-4.1%$109/sqft |
Source:  UCMLS #245418 Report a problem | ||
| 6/26/2026 | Listed for sale | $729,998$114/sqft |
Source:  East Tennessee Realtors #1346105 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,065 | $40,050 |
| 2024 | $1,065 | $40,050 |
| 2023 | $1,065 +7.6% | $40,050 |
| 2022 | $990 | $40,050 +9.7% |
| 2021 | -- | $36,500 +47.9% |
| 2020 | $722 | $24,675 |
| 2019 | $722 +7.2% | $24,675 |
| 2018 | $674 -0.1% | $24,675 |
| 2017 | $674 | $24,675 |
| 2016 | $674 -2.6% | $24,675 |
| 2015 | $692 -8.7% | $24,675 -8.7% |
| 2014 | $758 | $27,033 |
| 2013 | $758 -0.2% | $27,033 |
| 2012 | $760 +6.2% | $27,033 |
| 2011 | $715 | $27,033 +65.5% |
| 2010 | -- | $16,337 -9.7% |
| 2009 | $498 -37.5% | $18,100 -37.5% |
| 2008 | $796 +7% | $28,960 |
| 2007 | $744 +4.9% | $28,960 |
| 2006 | $710 -21% | $28,960 -16.1% |
| 2005 | $898 | $34,504 |
| 2004 | $898 +4.9% | $34,504 |
| 2002 | $856 | $34,504 |
| 2001 | -- | $34,504 -60% |
| 2000 | -- | $86,259 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 38544
Nearby schools
GreatSchools rating
- NABaxter PrimaryGrades: PK-1Distance: 4.3 mi
- 5/10Upperman Middle SchoolGrades: 5-8Distance: 4.4 mi
- 5/10Upperman High SchoolGrades: 9-12Distance: 4.1 mi
Schools provided by the listing agent
- Elementary: Baxter Primary / Upperman
- Middle: Baxter Primary / Upperman
- High: Baxter Primary / Upperman
Source: UCMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
