Five Multifamily Homes & Duplexes for Sale

/33
$528,000
- 6 Beds
- 4 Baths
- 2,811 Sq Ft
446 W Stevens St, Cookeville, TN 38501

Excellent investment opportunity within Cookeville city limits! This updated all-brick multifamily property includes a 2 bedroom, 2 bath main home, a separate accessory unit--an efficiency-style studio apartment, and a 3 bedroom 1 bath home next door. All units are well-maintained with an excellent rental history. Conveniently located near TTU, the hospital, shopping, and dining. City services in

Connie McCormick RE/MAX One

446 W Stevens St, Cookeville, TN 38501
/18
$269,000
- 3 Beds
- 3 Baths
- 1,383 Sq Ft
446 W Stevens St, Cookeville, TN 38501

Excellent investment opportunity within Cookeville city limits! This updated all-brick multifamily property includes a 2 bedroom, 2 bath main home plus a separate accessory unit-an efficiency-style studio apartment. Both units are well-maintained with an excellent rental history. Conveniently located near TTU, the hospital, shopping, and dining. City services in place. A solid addition to any

Connie McCormick RE/MAX One

446 W Stevens St, Cookeville, TN 38501
/17
$285,000
- 2,124 Sq Ft
338 S Cedar Ave, Cookeville, TN 38501

**Attention Investors!** Check out this triplex in a prime location near Tennessee Tech, situated on a spacious 0.37-acre lot. The property is positioned at the front of the lot and is zoned RD. This 2,124 sq ft triplex features two 1-bedroom, 1-bathroom units on the ground level and one 2-bedroom, 1-bathroom unit on the second floor. Each unit is equipped with its own electric meter, and tenants

Donna Baisley Baisley Hometown Realty LLC

338 S Cedar Ave, Cookeville, TN 38501

Tennessee Cookeville Five

Why Live in Five

The Five neighborhood in Cookeville is known for its spacious residential areas, with homes typically situated on half-acre or larger lots, providing ample elbow room. Housing styles predominantly include ranch-style homes, with newer condos and townhomes near downtown. Cane Creek Park, a 262-acre site, is a major recreational hub featuring picnic pavilions, playgrounds, hiking trails, and lake access for fishing and boating. The adjacent Cane Creek SportsPlex hosts softball and baseball tournaments, while Park View Skate Park offers facilities for skateboarders. Shopping centers and strip malls are conveniently located along South Willow and South Jefferson avenues, with grocery stores like Food Lion and Kroger nearby. Local dining options include Midtown Social, a New American grill, and Lazy Cow Creamery, known for its locally sourced ice cream. The neighborhood is about 2 miles south of downtown Cookeville, with an eight to ten-minute drive between the two. Interstate 40 provides easy access to Nashville, Memphis, and Knoxville. Although the area is not walkable due to limited sidewalks, it is car-friendly. Schools in the area are highly rated, with Prescott South Elementary School, Prescott South Middle School, and Cookeville High School all receiving good ratings. Tennessee Tech University is also located on the north side of the city, contributing to the local educational landscape.

Learn more about living in Five

Home Trends in Five, TN

On average, homes in Five, Cookeville sell after 47 days on the market compared to the national average of 51 days. The median sale price for homes in Five, Cookeville over the last 12 months is $280,000, down 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$280,000

Median Single Family Sale Price

$280,000

Median 2 Bedroom Sale Price

$303,200

Average Price Per Sq Ft

$203

Number of Homes for Sale

Last 12 months Home Sales

107

Months of Supply

2.00

Median List Price

$299,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

-9%

How to Buy a Home How to Finance a Home How to Sell a Home

In Five, there are currently 3 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes ranging from $269,000 to $528,000, there's something for every budget. As of July, 2025 the median home price in Five, Cookeville is $299,000, while the average sale price is $292,392, providing insight into local market trends. On average, multi-family homes spend 47 days on the market before being sold. Multi-family homes encompass various property types, including duplexes, triplexes, fourplexes, and apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're interested in a duplex for a starter investment or an apartment complex for a larger-scale venture, there are investment properties available to suit your needs. Explore the range of multi-family homes for sale in Five, Cookeville.

Five Types of Homes for Sale

More About Living in Five

Homes in Nearby Neighborhoods

One Homes for Sale

Homes in Nearby Cities

Homes in Nearby Counties

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