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For sale
    • $369,929

    507 E Stevens St, Cookeville, TN 38501

    6beds
    2,728sqft
    : 
    $2,300/mo
    Get pre-qualified
    Single Family Residence
    Built in 1940
    0.43 Acres Lot
    $354,300 Zestimate®
    $136/sqft
    $-- HOA

    What's special

    New water heatersNew hvacsNew windows and doorsFully remodeled bathroomsUpdated electrical componentsFresh trim and paintNew flooring
    Multiple units in one! 507 & 509 E Stevens Street present a rare opportunity to acquire a fully renovated multi-unit investment property in one of the city's most desirable locations. Situated in the Capshaw school zone, the property consists of a 3-bedroom, 1-bath single-family home (1,192 SF) and a separate two-unit structure featuring a 1 bed, 1 bath unit and a 2 bed, 1 bath unit (768 SF each). The property is grandfathered as multi-unit under RS-15 zoning and benefits from strong rental demand due to its location. All units underwent comprehensive renovations in 2022, including new HVACs, plumbing & sewer replacement, new water heaters, updated electrical components, new windows & doors, new flooring, fully remodeled bathrooms, new cabinets & countertops, new appliances, fresh trim and paint, and much more. This property offers predictable cash flow and long-term stability, making it ideal for investors and homeowners alike. 13 month home warranty for peace of mind.
    147 days
    |
    194
    |
    16
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Skender-Newton,

    Skender-Newton Realty 931-261-9001,

    Tyler Wilson,

    Skender-Newton Realty

    Source: UCMLS,MLS#: 242368MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      • Bathrooms: 3
      • Full bathrooms: 3
      • Main level bedrooms: 5
      Primary bedroom
      • Level: Main
      Bedroom 2
      • Level: Main
      Bedroom 3
      • Level: Main
      Bedroom 4
      • Level: Main
      Bedroom 5
      • Level: Main
      Dining room
      • Level: Main
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Electric, Central
      Cooling
      • Central Air
      Appliances
      • Included: Electric Oven, Refrigerator, Electric Water Heater
      • Laundry: Main Level
      Features
      • New Floor Covering, New Paint, Ceiling Fan(s)
      • Windows: Double Pane Windows
      • Basement: Crawl Space
      • Has fireplace: No
      • Fireplace features: None
      Interior area
      • Total structure area: 2,728
      • Total interior livable area: 2,728 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Driveway, None
      • Has uncovered spaces: Yes
      Features
      • Levels: One
      • Patio & porch: Porch, Deck
      Lot
      • Size: 0.43 Acres
      • Dimensions: 95 x 200
      • Features: Irregular Lot
      Details
      • Additional structures: Guest House
      • Parcel number: 053N B 014.01

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Vinyl Siding, Frame, Block
      • Foundation: Slab
      • Roof: Metal
      Condition
      • Year built: 1940

      Utilities & green energy

      • Electric: Circuit Breakers
      • Gas: Natural Gas
      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

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

      Financial & listing details

      • Price per square foot: $136/sqft
      • Tax assessed value: $92,600
      • Annual tax amount: $1,729
      • Date on market: 2/26/2026

        Estimated market value

        $354,300

        $315,000 - $397,000

        $2,360/mo

        Price history

        DateEventPrice
        3/17/2026Listed for sale$369,929$136/sqft
        Source: East Tennessee Realtors #1330603 Report a problem
        3/10/2026Contingent$369,929$136/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3135681 Report a problem
        3/10/2026Pending sale$369,929$136/sqft
        Source: East Tennessee Realtors #1330603 Report a problem
        2/26/2026Listed for sale$369,929+111.4%$136/sqft
        Source: UCMLS #242368 Report a problem
        8/13/2024Listing removed$175,000$64/sqft
        Source: UCMLS #206893 Report a problem
        9/30/2021Contingent$175,000$64/sqft
        Source: UCMLS #206893 Report a problem
        9/22/2021Listed for sale$175,000$64/sqft
        Source: UCMLS #206893 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$845 +2%$23,150
        2024$829 $23,150
        2023$829 +8.7%$23,150
        2022$762 $23,150
        2021-- $23,150 +65.9%
        2020$546 +33.8%$13,950
        2019$408 -18%$13,950
        2018$498 +0%$13,950
        2017$498 $13,950
        2016$498 -3.6%$13,950
        2015$517 +9.3%$13,950 +9.3%
        2014$473 $12,761
        2013$473 -0.1%$12,761
        2012$473 +6.1%$12,761
        2011$446 $12,761
        2010-- $12,761 +4.1%
        2009$444 $12,253
        2008$444 +7.7%$12,253
        2007$412 +3.7%$12,253
        2006$397 -7.1%$12,253 -0.1%
        2005$427 $12,265
        2004$427 +5.2%$12,265
        2002$406 $12,265
        2001-- $12,265 -75%
        2000-- $49,060
        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.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 38501

        Getting around

        62 / 100
        Somewhat Walkable
        38 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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