1315 Maddux Ave

Cookeville, TN 38501

MLS# RTC3182305

$259,000
1,325 sq ft
4 Bedrooms
2 Bathrooms

Description

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.

Details

  • MLS#: 3182305
  • County: Putnam County, TN
  • Subd: Gaw Brothers
  • Stories: 1.00
  • Full Baths: 2
  • Bedrooms: 4
  • Built: 1963 / Existing
  • Lot Size: 0.220 ac

Utilities

  • Water: Public
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas

Public Schools

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

Property Information

  • Constr: Brick
  • Floors: Wood
  • Garage: No
  • Parking Total: 1
  • Basement: Crawl Space
  • Waterfront: No
  • Patio: Porch
  • Taxes: $1,027

Appliances / Misc.

  • Fireplaces: No
  • Drapes: Remain

Features

  • Electric Range
  • Dishwasher
  • Refrigerator
  • High Speed Internet

Directions

From PCCH take Washington Ave N 1.2 Miles and turn left on 12th, go Right on Maddux to 1315 follow signs

Listing Agency

First Realty Company

Agent: Shelly Marie Copeland

Information is Believed To Be Accurate But Not Guaranteed. Copyright 2026 RealTracs Solutions. All rights reserved.

RCW Realty Company

(615) 406-7221

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Hendersonville:
1263 Avondale Rd., Suite C
Hendersonville, TN 37075

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Phone: (615) 406-7221
Email: rcwrealtyco@gmail.com

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