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Great for someone who likes a fixer upper and projects! INVESTOR / PROJECT OPPORTUNITY – Looking for a property with potential to build equity through renovation and finishing work? This 2.68-acre property offers an opportunity for an investor, contractor, or buyer ready to take on a project and create something of their own. The existing home needs TLC, but the potential is worth exploring. A partially finished basement provides the opportunity to expand the living area and could allow the home to reach approximately 2,400 square feet of finished living space when completed, depending on the final layout and improvements. The acreage gives you room to work with while offering a convenient location just minutes from Baxter city limits and I-40 access, with Cookeville city limits approximately 10 minutes away. That combination of land, potential living space, and accessibility makes this property worth considering for someone looking beyond a typical move-in-ready home. The price reflects the condition and work needed, creating an opportunity for a buyer who can see the potential and is prepared to put in the work. Seller is negotiable and motivated to sell. If you're an investor looking for your next project, a contractor seeking a renovation opportunity, or a buyer willing to trade sweat equity for potential value, take a closer look at what this property could become. Sold as-is. Bring your vision and explore the possibilities!

Highlights

  • Residential
  • Single Family Residence
  • Built in 1999
  • 2.68 Acre Lot
  • 80 days on Market

  • Bedrooms
    3
  • Bathrooms
    2
  • Year Built
    1999
  • Stories
    1.0
  • Architectural Style
    Traditional
  • Construction Materials
    Frame
  • Foundation
    Block
  • Parking Features
    Gravel, Driveway
  • Living Area
    1408.0
  • Interior Features
    High Speed Internet, Ceiling Fan(s), Walk-In Closet(s), Open Floorplan
  • Appliances
    Cooktop, Electric Oven, Built-In Electric Range
  • Flooring
    Laminate, Tile, Vinyl, Wood
  • Patio And Porch
    Covered, Deck, Porch
  • Security Features
    Smoke Detector(s)
  • Cooling
    Ceiling Fan(s), Central Air
  • Heating
    Central
  • Basement
    Partially Finished

  • Acres
    2.68
  • Lot Features
    Rolling Slope, Sloped, Cleared
  • Utilities
    Water Available
  • Water
    Private

  • County
    Putnam
  • City
    Baxter
  • Neighborhood
    None
  • Zip Code
    38544
  • High School
    Upperman High School
  • Middle School
    Upperman Middle School
  • Elementary School
    Baxter Primary

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Frequently Asked Questions

How do I schedule a tour of 7220 Friendly Rd?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 7220 Friendly Rd.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 7220 Friendly Rd?

Click Ask a Question to talk with our team. You already know it is a 3 bed, 2 bath, listed for $269,929. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Baxter, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 7220 Friendly Rd?

With a 20% down payment and a 30-year fixed loan at an illustrative 6.75% rate, the ez Mortgage Calculator estimates the monthly payment for 7220 Friendly Rd at around $1,552. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 7220 Friendly Rd?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Putnam County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 7220 Friendly Rd?

In most cases, yes. Whether 7220 Friendly Rd is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Baxter's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 7220 Friendly Rd?

We can handle that for you. Our preferred local agent specializes in residentials in Baxter and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $269,929 with 1,408 sqft of space—that comes out to approximately $192 per square foot.

How long has this property been on the market?

7220 Friendly Rd was listed on August 18, 2026, which means it's been on the market for 80 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1999, making it approximately 27 years old.

What is the lot size of this property?

7220 Friendly Rd sits on a 2.68-acre lot, which is 116,741 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Baxter Primary
  • Middle: Upperman Middle School
  • High: Upperman High School

Want to see how these schools compare? Check out our Putnam County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 7220 Friendly Rd?

The most recent public record shows annual property taxes for 7220 Friendly Rd were approximately $1,055. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 7220 Friendly Rd still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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Based on information submitted to the MLS GRID as of November 06, 2026 at 09:23AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.