158 Cartmell Street, Jackson, TN 38301
Local realty services provided by:CENTURY 21 Golden Service Realty & Auction, Inc.
158 Cartmell Street,Jackson, TN 38301
$350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: julie holt
Office: blue suede realty
MLS#:2505675
Source:TN_CWTAR
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Price summary
- Price:$350,000
About this home
Rare investment opportunity in the heart of West Tennessee—**a fully occupied, cash-flowing 5-property rental portfolio sold as one package and cannot be separated. This stabilized portfolio features long-term tenants (2-7 years), consistent payment history, and dependable income with no vacancies. The package produces $54,925 in annual rent, with only taxes ($2,500/year) and insurance ($3,000/year) as primary expenses—yielding a strong $49,425 NOI and an impressive 14.05% cap rate at list price. All properties are single-family homes located within established neighborhoods, each with noted updates, functioning mechanical systems, and solid rental demand. Addresses include: 158 Cartmell St. • 306 Cottonwood St. • 1502 E Chester • 254 Linden • 3068 W Jackson St. A full income schedule, tax breakdown, and property notes are available upon request. This is an excellent fit for investors seeking immediate cash flow, minimal turnover risk, and scalable long-term growth. Portfolio must be purchased as a whole—no exceptions.
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Home facts
- Year built:1944
- Listing ID #:2505675
- Added:55 day(s) ago
- Updated:January 29, 2026 at 08:43 AM
Heating and cooling
- Cooling:Central Air, Electric
- Heating:Central, Electric, Heating
Structure and exterior
- Year built:1944
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$350,000
- Tax amount:$258
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