The apartment complex offers two units on the ground floor and two units on the second floor, each with there own balcony at rear of units and totals approximately 2,936 sf. Washer and Dryer hook ups in each unit for a stackable washer and dryer. Each apartment has a separate basement storage. All sitting on 5.9 acres with room to add additional buildings.
CondoProperty Type
2004Year Built
5.9 acresLot Size
$184Est. Price/Sq.Ft.
Listed by Brandy M. Dillon• Highlands Elite Real Estate LLC
Subject property consists of a Four Unit Apartment complex, a Single Family Home and a Storage building situated on 5.9+/- acres. The apartment complex offers two units on the ground floor and two units on the second floor, each with there own balcony at rear of units and totals approximately 2,936 sf. The Single Family home, situated on the same parcel, adds an additional 1,164+/- sf. Unit 1(A) $425, Unit 3(C) $425, Unit 4(D) Vacant. Each apartment has a separate basement storage.
Year
Property tax
Land + Additions
Assessment*
2025
$2,049
2024
$2,049
2023
$2,049 (+7.6%)
2022
$1,904
2021
$1,904 (−5.5%)
2020
$2,015
2019
$2,015 (+7.2%)
2018
$1,880
2017
$1,880 (+2.1%)
2014
$1,842
Tax history for 1640 Shipley Rd
Year
Property tax
Land + Additions
Assessment*
2025
$2,049
2024
$2,049
2023
$2,049 (+7.6%)
2022
$1,904
2021
$1,904 (−5.5%)
2020
$2,015
2019
$2,015 (+7.2%)
2018
$1,880
2017
$1,880 (+2.1%)
2014
$1,842
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
7
Stories
2
Lot width
—
Lot depth
—
Lot size
1 Acre
Year renovated
2005
Sq. Ft.
2,936
Year built
2004
Style
Multi-Family (5+ Unit)
County
Putnam County
APN
027 11403 001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 6, 2026.
Property details
Interior
Virtual Tour
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Electric
Interior Features
Appliances: Electric Water Heater, Electric Oven, Refrigerator
Room Information
Laundry Features: Washer Hookup
Has Basement
Exterior
Exterior Features
Patio And Porch Features: Covered
Roof: Shingle
Building Information
Sq. Ft.: 2936
Construction Materials: Frame, Vinyl Siding
Property Information
Property Type: Residential Income
Property Sub Type: Apartment
Raw Mls Property Sub Type: Apartment
Land Information
Farm Land Area Units: Square Feet
Lot Information
Lot Size : 5.9
Lot Size Dimensions: 5.9 ac
Lot Size Area: 5.9
Lot Size Units: Square Feet
Lot Size Acres: 5.9
Financial
Tax Information
Tax Annual Amount: $2,015.43
Utilities
Utility Information
Water Source: Public
Electric: Circuit Breakers
Sewer: Septic Tank
Location
Location Information
Directions: From Putnam County Courthouse: North on Washington, left on 12th, right on Willow, left on Shipley. Property on left.
Public facts
Beds: —
Baths: 7.0
Sq. Ft.: 2,936
Stories: 2.0
Lot Size: 1 acres
Style: Multi-Family (5+ Unit)
Year Built: 2004
Year Renovated: 2005
County: Putnam County
APN: 027 11403 001
Home facts updated by county records on Aug 6, 2026
Other
Listing Information
AttributionContact: 9314008820
Around this home
Schools
Jere Whitson Elementary School
Public PreK-4 • Assigned • 1.5mi
5/10
Avery Trace Middle School
Public 5-8 • Assigned • 3.7mi
5/10
Cookeville High School
Public PreK-12 • Assigned • 2.0mi
8/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 103° expected this year, 20 days in 30 years
3/10 Wind Factor
6% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Cookeville, TN • 38501
Average low and high temperatures (°F)
43
25
53
33
67
45
75
53
76
58
84
66
88
71
84
65
81
60
72
50
62
43
51
35
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.1 hours in
June and 4 hours in December, placing it below the
U.S. average for solar exposure.