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    1502 E Chester St Jackson, TN 38301

    New
    Picture of Single family properties at E Chester St 1502, Jackson, TN
    For Sale
    $352,000

    MULTI_FAMILY - Jackson, TN

    Property size:
    1,120 SF
    Lot size:
    0.28 Acres
    Days on Market:
    1
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 1502 E Chester St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    087C H 025.00
    Parking
    2
    Parking features
    Garage, Open
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fan(s), Laminate Counters
    Appliances
    Electric Range, Refrigerator
    Size
    1,120 SF
    Lot size
    0.28 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central, Electric (Heating)
    Cooling system
    Ceiling Fan(s), Central Air
    Water source
    Public

    Building Details

    Year built
    1941
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Linoleum, Carpet
    Building materials
    Vinyl Siding

    Blue Suede Realty (731) 693-1943

    Listing agent Julie Holt (731) 693-1943 License #350685

    Listing date Dec 5, 2025

    MLS# 2505677 Listing URL

    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.

    Overview

    Cash-Flowing West Tennessee Rental Portfolio

    This is a fully occupied, cash-flowing 5-property rental portfolio located in West Tennessee. Sold as one package, the portfolio cannot be separated. The properties feature long-term tenants with consistent payment history, producing $54,925 in annual rent. Primary expenses include approximately $2,500 per year in taxes and $3,000 per year in insurance, yielding a $49,425 net operating income and a 14.05% cap rate at list price. All properties are single-family homes located within established neighborhoods. Each property features updates, functioning mechanical systems, and solid rental demand. Addresses include 158 Cartmell St, 306 Cottonwood St., 1502 E Chester, 254 Linden, and 3068 W Jackson St. The property at 1502 E Chester Street, Jackson, TN 38301 has a property size of 1120 square feet and a lot size of 0.28 acres. This portfolio is suitable for investors seeking immediate cash flow, minimal turnover risk, and scalable long-term growth. The portfolio must be purchased as a whole. A full income schedule, tax breakdown, and property notes are available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Restaurant Law Firm Hair Salon Building Supply Clothing Store Auto Repair Shop Pharmacy Wholesale Shop Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Jackson
    County
    Madison
    State
    Tennessee
    Longitude
    -88.790587
    Latitude
    35.611321

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    FAQs

    What type of property is this?
    Single family property - Fully occupied 5-property portfolio with long-term tenants and dependable income.
    Where is this single family property located?
    The property is located at 1502 E Chester St Jackson, TN.
    What is the asking price?
    The asking price for this property is $352,000.
    What are key features of this property?
    This property features: - Fully occupied, cash-flowing rental portfolio with long-term tenants and no vacancies.; - Generates $54,925 in annual rent with a strong $49,425 NOI and **14.05% cap rate.**; - Stabilized portfolio with consistent payment history and dependable income.
    (731) 693-1943
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    1502 E Chester St Jackson, TN 38301
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1502 E Chester St Jackson, TN 38301
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