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507 E Stevens St, 
Cookeville, TN 38501

$369,929

6

Beds

—

Bath

2,278

Sq Ft

Single Family

Active

Listed by

Heather Skender-Newton

Skender-Newton Realty

931-261-9001

Last updated:

April 20, 2026, 02:29 PM

MLS#

1330603

Source:

TN KAAR

About This Home

507 E Stevens St

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.

Home Facts

Single Family

6 Bedrooms

Built in 1940

Price Summary

369,929

$162 per Sq. Ft.

MLS #:

1330603

Last Updated:

April 20, 2026, 02:29 PM

Added:

2 month(s) ago

Rooms & Interior

Bedrooms

Total Bedrooms:

6

Bathrooms

Full Bathrooms:

3

Interior

Living Area:

2,278 Sq. Ft.

Structure

Structure

Building Area:

2,278 Sq. Ft.

Year Built:

1940

Lot

Lot Size (Sq. Ft):

18,730

Finances & Disclosures

Finances

Price:

$369,929

Price per Sq. Ft:

$162 per Sq. Ft.

Source:TN KAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.