3068 W Jackson Street, Milan, TN 38358
Local realty services provided by:CENTURY 21 Golden Service Realty & Auction, Inc.
3068 W Jackson Street,Milan, TN 38358
$352,000
- - Beds
- - Baths
- 1,472 sq. ft.
- Multi-family
- Pending
Listed by: julie holt
Office: blue suede realty
MLS#:2505679
Source:TN_CWTAR
Price summary
- Price:$352,000
- Price per sq. ft.:$239.13
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:1961
- Listing ID #:2505679
- Added:55 day(s) ago
- Updated:January 29, 2026 at 09:46 AM
Rooms and interior
- Living area:1,472 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Wall Unit(s), Window Unit(s)
- Heating:Heating, Natural Gas
Structure and exterior
- Year built:1961
- Building area:1,472 sq. ft.
- Lot area:0.18 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$352,000
- Price per sq. ft.:$239.13
- Tax amount:$611
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