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Charles Lane, Cedar Grove, TN 38321

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For Sale

$135,000

3.18 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • 3.2 acres
    Lot size

  • 31-40 Years Old
    Age

Explore this Property

Income-Producing Property on 3.18 Acres! This unique opportunity features a site-built 3-bedroom, 1-bath home plus five mobile homes-each with its own electric meter. The property includes three septic tanks and a shared well with a new well pump. All units are currently vacant, providing a clean slate for your next investment strategy. Conveniently located just 15 minutes from Interstate 40 in the quiet community of Cedar Grove, and less than 30 minutes from Jackson, TN, this property sits perfectly between Memphis and Nashville. Enjoy a private, peaceful setting with excellent income-producing potential-a fantastic investment opportunity ready for its next owner! One mobile home is a 3/2 and the other 4 are 2/1's- Home is a 3/1 site built
MLS# 2505119

Courtesy Of Town and Country Realtors

(731) 668-7000

Property Features

  • Age
    31-40 Years Old
  • Lot Size
    3.18 Acres
  • Roof Type
    Metal

Map and Directions

Directions to Charles Lane, Cedar Grove, TN 38321

Home seller CENTURY 21 Golden Service Realty & Auction, Inc.

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Golden Service Realty & Auction, Inc.

(731) 885-8000
Learn More About Us

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
    $0
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Copyright © 2025 Central West Tennessee Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.