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Listing 20 out of 209
$259,999 For Sale

132 Shipley Street
Cookeville, TN 38501

Multi Family Home - MLS# 189858
Property Photo


Six Units conveniently located in epicenter of town just west of S. Jefferson Avenue. Property consists of a 4 plex and separate duplex. Fourplex totals approximately 3, 016sf and Duplex totals approximately 1, 456sf. There are four 2 bedroom 1 bath units and two 1 bedroom 1 bath units. All 2/1 units have washer and dryer hookup. Property is in a great location within walking distance to grocery stores, retail shops, banks and the town square. Owner has made many recent improvements inside and outside. 100% Occupancy... 2 bedroom/1 bath units monthly rental income per owner - Unit A $625, Unit B $550, Unit E $560, Unit F $600; 1 bedroom/1bth units monthly rental income per owner - Unit C $460, Unit D $480.


  • Property Type: Multi Family Home
  • Sub Type: Apartments
  • Listing Status: Active
  • County/Area: Putnam County
  • Zip Code: 38501
  • Year Built: 1968
  • Sq.Ft.: 4,472 sq ft
  • City Taxes: 652.51
  • County Taxes: 2120.66
  • Directions: From Putnam County Courthouse: South On Jefferson, Right On Shipley, Property On Right. Property Has Frontage And Access From Shipley And Proffitt.
  • Lot Dimensions: 80x186 IRR
Courtesy of First Realty Company

American Way Real Estate Company
710 South Jefferson Ave.
Cookeville, TN 38501
Phone: 931-526-9581

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