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$259,000 - 1315 Maddux Ave, Cookeville

4
Bedrooms
2
Baths
1,325
SQ. Feet
0.22
Acres

1315 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: 1305 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.

Essential Information

  • MLS® #:
    3182305
  • Price:
    $259,000
  • Bedrooms:
    4
  • Bathrooms:
    2.00
  • Full Baths:
    2
  • Square Footage:
    1,325
  • Acres:
    0.22
  • Year Built:
    1963
  • Type:
    Residential
  • Sub-Type:
    Single Family Residence
  • Status:
    Active

Community Information

  • Address:
    1315 Maddux Ave
  • Subdivision:
    Gaw Brothers
  • City:
    Cookeville
  • County:
    Putnam County, TN
  • State:
    TN
  • Zip Code:
    38501

Amenities

  • Utilities:
    Natural Gas Available, Water Available, Cable Connected
  • Parking Spaces:
    1
  • Garages:
    Attached

Interior

  • Interior Features:
    High Speed Internet
  • Appliances:
    Electric Range, Dishwasher, Refrigerator
  • Heating:
    Natural Gas
  • Cooling:
    Central Air
  • # of Stories:
    1

Exterior

  • Construction:
    Brick

School Information

  • Elementary:
    Jere Whitson Elementary
  • Middle:
    Prescott South Middle School
  • High:
    Cookeville High School

Additional Information

  • Date Listed:
    April 24th, 2026
  • Days on Market:
    5

Listing Details

  • Listing Office:
    First Realty Company

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on April 30th, 2026 at 9:24pm CDT.