Cookeville, TN 38501
$259,000.00
1305 Maddux Avenue | Cookeville, TN – Student Housing Investment | Fully Leased Near Tennessee Technological University Turnkey, income-producing student housing property located in one of Cookeville’s most consistent and high-demand rental corridors near Tennessee Technological University. This 4-bedroom, 2-bath brick home is 100% leased to Tennessee Tech students, with each bedroom renting for approximately $450/month, generating up to $1,800/month gross rental income. Property operates under a proven rent-by-the-room model, delivering reliable cash flow and strong occupancy rates. Portfolio Opportunity – Buy One or All This property is 1 of 3 multifamily-style residential investment homes and can be purchased: Individually OR As a package deal including: 1315 Maddux Avenue 1325 Maddux Avenue Ideal for investors seeking to scale a student housing portfolio in a prime Cookeville location. Investment Highlights: Fully occupied student housing investment $450/month per bedroom rental income model Up to $1,800/month gross income potential Durable brick construction Minutes to Tennessee Tech campus & downtown Cookeville Strong year-round rental demand Multifamily-style returns from a single-family property Excellent for house hacking, long-term rental, or portfolio expansion Located in a proven student housing corridor in Cookeville, TN, this property offers immediate cash flow, low vacancy risk, and long-term appreciation potential in the growing Middle Tennessee market. Investor Notes: Property is currently leased; financials and lease details available upon request. Buyer to verify zoning, rental regulations, and all usage guidelines.
Based on information submitted to the MLS GRID as of 2026-04-30T17:37:29+00:00. All data is obtained from various sources and may not have been verified by broker or MLS GRID.
Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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Currently active listing
5 days ago • Apr 24, 2026
6 days on market
$259,000.00