BJ Can Help You Purchase This Unit

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!

338 S Cedar Ave, Cookeville, 38501

Priced At: $300,000

Property Details for ID: 1304289



SqFt: 2,124
Price SqFt: $141
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-06-11T15:40:15Z
Subdivision: Victory 2

Public Remarks: **Attention Investors!** Check out this triplex in a prime location near Tennessee Tech, situated on a spacious 0.37-acre lot. The property is positioned at the front of the lot and is zoned R3. This 2,124 sq ft triplex features two 1-bedroom, 1-bathroom units on the ground level and one 2-bedroom, 1-bathroom unit on the second floor. Each unit is equipped with its own electric meter, and tenants are responsible for their electricity usage. The owner covers the water bill. All units are currently occupied, providing immediate rental income. The property benefits from a new roof plus new water heaters for each unit. The gross annual income for this property is $19,800. To schedule a viewing, please call us today. Kindly note that a 24-hour notice is required for all appointments. *All information is deemed reliable but is not guaranteed and should be independently verified.

Schools Information

Elementary School: Park View
Middle / Junior School: Prescott Central
High School: Cookeville

Building Description

Year Built: 1934
SqFt (Total): 2,124
Sub-Type: Triplex
Sale Includes: Building and Land
Unit Type(s): 1 Bedroom Unit, 2 Bedroom Unit

  Exterior Features

Features: Deck, Porch - Covered
Construction: Frame
Siding: Vinyl

  Appliances

Range, Refrigerator

  Room Dimensions

  Interior Features

Floors: Carpet, Laminate, Vinyl
Other Rooms: Other

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, New Loan
Gross Annual Income: 19,800

  HOA Information

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Other

Garage / Parking

Off-Street Parking

  Community Features

Outbuildings


Presented By: / Baisley Hometown Realty, LLC

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

FROM I-40: Take Exit 287. Turn RIGHT onto Jefferson Ave. Turn LEFT onto Jackson St. Turn RIGHT onto S Cedar Ave. Property will be on your RIGHT. Sign on Property.



Your commute

( Departing today at 8:00am )


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Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Experience Is Key

Licensed Real Estate Agent, I have the experience to solve problems that arise and the know how to avoid major pitfalls

You Are Valued

I recognize that we are partners with our clients and as such, I strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.

Buyers Network

Utilizing the very latest in lead generation and good old fashioned hard work, I already have a network of qualified purchasers looking for the right home or property.

Knowledge Beyond Sales

From across town to across the country I have the expertise and knowledge to help with any real estate issue.