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Under contract - showing
  • $1,275,000

    2465 Benton Young Rd, Cookeville, TN 38501

    8beds
    4baths
    9,215sqft
    : 
    $8,270/mo
    Get pre-qualified
    Multi Family
    Built in 1973
    -- sqft lot
    $-- Zestimate®
    $138/sqft
    $-- HOA

    What's special

    Full one-acre parcelFresh exterior paintIn-unit laundry hookups
    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.
    3 days
    87
    4

    Zillow last checked:

    Listing updated:

    Listed by:

    Albert (Drake) L. Drake 615-281-9395,

    Residential Investment Advisors 615-965-8800

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3601955MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Laundry: Individual, Electric Dryer Hookup, Washer Hookup
      Features
      • Flooring: Luxury Vinyl
      Interior area
      • Total structure area: 9,215
      • Total interior livable area: 9,215 sqft
      • Finished area above ground: 6,290
      • Finished area below ground: 2,925

      Property

      Parking
      • Total spaces: 20
      • Parking features: Open
      • Uncovered spaces: 20
      Features
      • Levels: Two
      • Stories: 2
      Details
      • Parcel number: 039 03001 000
      • Zoning: None
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Frame, Brick
      • Roof: Metal
      Condition
      • New construction: No
      • Year built: 1973

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Subdivision: None - Rural
      HOA
      • Has HOA: No
      Location
      • Region: Cookeville

      Financial & listing details

      • Price per square foot: $138/sqft
      • Tax assessed value: $295,200
      • Annual tax amount: $3,141
      • Date on market: 9/28/2026
      • Inclusions: Appliances
      • Total actual rent: 4390
      • Tenant pays: Electricity

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/30/2026Contingent$1,275,000$138/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3601955 Report a problem
        9/28/2026Listed for sale$1,275,000+47.4%$138/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3601955 Report a problem
        6/24/2024Sold$865,000+157.4%$94/sqft
        Source: Public Record Report a problem
        5/24/2019Sold$336,000$36/sqft
        Source: EXIT Realty solds #-3167098902450396449 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$3,141 $118,080
        2024$3,141 $118,080
        2023$3,141 +7.6%$118,080
        2022$2,919 $118,080
        2021-- $118,080 +11.7%
        2020$3,092 $105,680
        2019$3,092 +0.7%$105,680 -6%
        2018$3,070 0%$112,440
        2017$3,070 $112,440
        2016$3,070 -2.7%$112,440
        2015$3,154 +34.1%$112,440 +34.1%
        2014$2,352 $83,864
        2013$2,352 -0.2%$83,864
        2012$2,357 +6.2%$83,864
        2011$2,218 $83,864
        2010-- $83,864 -7.9%
        2009$2,505 +2.9%$91,084 +2.9%
        2008$2,435 +7%$88,529
        2007$2,275 +4.9%$88,529
        2006$2,169 +4.3%$88,529 +10.8%
        2005$2,079 $79,882
        2004$2,079 +4.9%$79,882
        2002$1,981 $79,882
        2001-- $79,882 -66.7%
        2000-- $239,881
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 38501

        Getting around

        2 / 100
        Car-Dependent
        9 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Cane Creek Elementary
        • Middle: Upperman Middle School
        • High: Upperman High School

        Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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