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    3068 W Jackson St Milan, TN 38358

    New
    Picture of Single family properties at W Jackson St 3068, Milan, TN
    For Sale
    $352,000

    MULTI_FAMILY - Milan, TN

    Property size:
    1,332 SF
    Lot size:
    0.18 Acres
    Days on Market:
    3
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 3068 W Jackson St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential Multi Family
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Active
    APN
    140C L 028.00
    Parking
    2
    Parking features
    Garage, Open
    Patio and Porch features
    Porch
    Interior features
    Ceiling Fan(s), Laminate Counters
    Appliances
    Electric Range, Refrigerator
    Size
    1,332 SF
    Lot size
    0.18 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas
    Cooling system
    Ceiling Fan(s), Wall Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1961
    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# 2505679 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 rare investment opportunity located in the heart of West Tennessee, featuring a fully occupied, cash-flowing rental portfolio. The portfolio consists of five properties being sold as one package. The properties feature long-term tenants with consistent payment history, providing dependable income with no vacancies. The package produces $54,925 in annual rent. Primary expenses include annual taxes of $2,500 and insurance of $3,000, 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 with noted 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 properties are located in Milan, Tennessee. The lot size is 0.18 acres and the property size is 1332 square feet. This portfolio is an excellent fit for investors seeking immediate cash flow, minimal turnover risk, and scalable long-term growth. The portfolio must be purchased as a whole.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Milan
    County
    Gibson
    State
    Tennessee
    Longitude
    -88.765931
    Latitude
    35.916147

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    FAQs

    What type of property is this?
    Single family property - Fully occupied, cash-flowing 5-property rental portfolio in West Tennessee.
    Where is this single family property located?
    The property is located at 3068 W Jackson St Milan, 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 $49,425 Net Operating Income.; - **Impressive 14.05% cap rate at list price.**; - Stabilized portfolio with long-term tenants (2-7 years) and consistent payment history.
    (731) 693-1943
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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
    3068 W Jackson St Milan, TN 38358
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