1

Baxter, TN Multifamily Home for Sale

Section Image
  • /54

    $679,998

    $50K PRICE DROP
    • 6,400 Sq Ft

    11279 Nashville Hwy, Baxter, TN 38544

    FANTASTIC INVESTMENT OPPORTUNITY with immediate income potential & room to grow! Situated on approximately 1.2 acres, this unique property features 5 apartment units plus a detached storage building with endless possibilities. Apartments include (3) 800 sqft 2BR/1BA units, (1) spacious 1300 sqft 3BR/1BA unit, & (1) 1100 sqft 2BR/1BA unit currently under renovation. A former 1600 sqft store has

    Elijah Castelli Elevate Real Estate

    11279 Nashville Hwy, Baxter, TN 38544

Why Live in Baxter

Baxter, TN, located just west of Cookeville in Middle Tennessee, is a small community that has evolved from its origins as a rail town into a growing exurb. The town is known for its relatively affordable housing prices and convenient commuting routes, making it an attractive option for those looking to stay close to Cookeville while benefiting from lower costs. Housing in Baxter includes a mix of midcentury ranch-style homes, manufactured homes, and newer bi-level homes and townhouses, many of which feature garages and well-manicured lawns. The Putnam County School System serves the area, with schools like Baxter Primary, Cornerstone Elementary, Upperman Middle, and Upperman High receiving high ratings. Baxter City Park and Baxter Seminary Park offer playgrounds and picnic areas, while nearby state parks such as Cummins Falls State Park and Burgess Falls State Park provide outdoor recreation opportunities. Main Street and Broad Street host local businesses like Achilles Greek & American Cuisine and Freedom House Coffee, with more shopping options available in Cookeville. Community events, including the Baxter Harvest Festival, foster a sense of local engagement. Interstate 40 and Route 70N facilitate commutes to Cookeville and Nashville, with Nashville International Airport being the nearest hub for commercial flights.

Home Price Trends

Median Sale Price
$278,500
Median Single Family Sale Price
$289,990
Median Townhouse Sale Price
$221,990
Median 2 Bedroom Sale Price
$167,450
Median 1 Bedroom Sale Price
$215,000
Average Price Per Sq Ft
$173
Number of Homes for Sale
36
Last 12 months Home Sales
180
Months of Supply
2.40
Median List Price
$290,750
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
0%
How to Buy a Home How to Finance a Home How to Sell a Home