# 507 E Stevens Street, Cookeville, TN 38501

> **TL;DR:** 6bd/3ba single family, $369,929 ($136/sqft), built 1940, 2,728 sqft.
> A/C. Est. $1,603/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $369,929 |
| Price/sqft | $136 |
| Bedrooms | 6 |
| Bathrooms | 3 full |
| Square Feet | 2,728 |
| Year Built | 1940 |
| Lot Size | 18,731 sqft (0.43 acres) |
| Stories | 1 |
| Property Type | Single Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,603 |
| **Total** | **$1,603** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1940
- 0.43 acre lot

## Description

### 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.

## Location

- **Address:** 507 E Stevens Street, Cookeville, TN 38501
- **County:** Putnam
- **Coordinates:** 36.1589897, -85.5200218
- **Google Maps:** https://www.google.com/maps?q=36.1589897,-85.5200218

## Listing Agent

- **Name:** Heather Skender-Newton
- **Brokerage:** Skender-Newton Realty
- **Phone:** 9312619001
- **Email:** skendernewtongroup@gmail.com

## Primary Photo

![507 E Stevens Street - Primary Photo](http://lh.rdcpix.com/1e6fa6f0b3c573c4c5a1c51fc667a293l-f770871416r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/507-e-stevens-street-cookeville-tn-38501-n242368)*

---

**MLS#:** 242368 | **Updated:** 2026-04-26
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/507-e-stevens-street-cookeville-tn-38501-n242368)

---

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