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About This Home

This 6-bedroom, 3-bathroom single family at 507 E Stevens Street in Cookeville, TN is listed for $369,929 ($136 per sqft). Built in 1940, the home offers 2,728 sqft of living space on a 0.43 acres lot.

Agent Description

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.

Key Features

  • Built in 1940
  • 0.43 acre lot

Property Details

1 story
3 full
1940

Amenities

A/C

Monthly Cost Estimate

$1,978/mo

20% down · 6.5% · 30 years

Principal$268
Interest$1,603
Insurance$108

Estimates only. Actual payments may vary.

Location

507 E Stevens Street

Cookeville, TN 38501

Features & Amenities

Interior Features

New PaintCeiling Fan(s)

Property Details

Flooring

New floor coveringTileVinyl

Construction

Frame Block Vinyl Siding

Pool Features

DeckPorch

Heating

CentralElectric (Heating)

Cooling

Central Air

Appliances

Electric Water HeaterElectric OvenRefrigerator

Questions & Answers

This 6-bedroom, 3-bathroom single family at 507 E Stevens Street is listed at $369,929 ($136/sqft). The estimated monthly payment is $1,603 based on 20% down at 6.5% interest.

Key features include: Built in 1940, 0.43 acre lot. Interior Features: New Paint, Ceiling Fan(s).

This property is listed by Heather Skender-Newton and can be reached at 9312619001 or skendernewtongroup@gmail.com.

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HS

Heather Skender-Newton

Agent at Skender-Newton Realty

(931) 261-9001

Listed by Skender-Newton Realty

MLS# 242368· Source: listhub· Updated today

Copyright © 2026 Upper Cumberland Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

507 E Stevens Street, Cookeville, TN 38501

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