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158 Cartmell St Jackson, TN 38301

New
Pending
For Sale
$352,000

MULTI_FAMILY - Jackson, TN

Property size:
684 SF
Lot size:
0.17 Acres
Days on Market:
3
Last Refresh:
Dec 13 at 11:06 pm

Property Features for 158 Cartmell St

General Information

Special listing conditions
Standard
Property type
Residential Multi Family
Property subtype
Other
TransactionType
Standard
Standard status
Pending
APN
078N B 005.00
Parking
2
Parking features
Open, Garage
Interior features
Ceiling Fan(s), Laminate Counters
Appliances
Electric Range, Refrigerator
Size
684 SF
Lot size
0.17 Acres

Utilities

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

Building Details

Year built
1944
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 11, 2025

MLS# 2505675 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. It is being sold as one package and cannot be separated. The stabilized portfolio features long-term tenants with consistent payment history, and dependable income with no vacancies. The package produces $54,925 in annual rent, with taxes ($2,500/year) and insurance ($3,000/year) as primary expenses, yielding a $49,425 NOI and a 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. The properties are located at 158 Cartmell St., 306 Cottonwood St., 1502 E Chester, 254 Linden, and 3068 W Jackson St. The portfolio must be purchased as a whole. It is an excellent fit for investors seeking immediate cash flow, minimal turnover risk, and scalable long-term growth.
Property Profile Location Intelligence

Current Use by Public Records

Single family properties

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Jackson
County
Madison
State
Tennessee
Longitude
-88.793423
Latitude
35.617169

FAQs

What type of property is this?
Single family property - Fully occupied 5-property portfolio with long-term tenants and strong income.
Where is this single family property located?
The property is located at 158 Cartmell 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.; - **High 14.05% cap rate** at list price.; - **$49,425 Net Operating Income (NOI) annually.**
More about this property
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