Brick Duplex with Recent
For Sale
$235,000
40 Camelot Cove, Jackson, TN 38305
Residential Income, Jackson, TN
Property Size2,122 SF
Price / SF$110.74
Days on Market9
Property Features for 40 Camelot Cove
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
4
Appliances
Electric Range, Range Hood, Refrigerator
Elementary school district
Jackson Madison Consolidated District
Standard status
Active
APN
066J A 009.34
Size
2,122 SF
Taxes and HOA fees
Tax Annual Amount
857
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1975
Floors in Building
1
Number of units
3
Flooring type
Vinyl
Building materials
Brick
Listing Agency:
Town and Country
(731) 668-7000
Listed By:
Kristen Londe · License #329613
(731) 431-2799
Added: Sep 29
Changed: Oct 2
Last Checked: Oct 7 at 3:06AM
MLS# 2604583
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 2,122-square-foot brick duplex contains two sides, each with two bedrooms, one full bathroom, and one half bathroom. Both units have a kitchen with an electric range and refrigerator, plus connections for a washer and dryer. Vinyl flooring, natural gas heat, and central electric air conditioning serve the property. Built in 1975, it has had renovations within the past five years, including a roof, HVAC units, and windows.
The property is at 40 Camelot Cove in Jackson, with access to the US-45 Bypass and Hollywood Drive. Public water and public sewer serve the site.
The property is at 40 Camelot Cove in Jackson, with access to the US-45 Bypass and Hollywood Drive. Public water and public sewer serve the site.
Key Highlights
- Two duplex units, each with 2 bedrooms, 1 full bath, and 1 half bath
- 2,122 square feet of building area
- Brick construction; built in 1975
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,706
Cap Rate
4.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,120
$234.1K
Cap Rate 7%
$167,229
$167.2K
Cap Rate 9%
$130,067
$130.1K
Market Conditions
NOI Build-Up for 2,122 SF
Gross rent
$18.1K $8.52/SF
− Vacancy
−$1.4K −$0.64/SF
EGI
$16.7K $7.88/SF
− OpEx
−$5.0K −$2.36/SF
NOI
$11.7K $5.52/SF
Area
Madison County, TN
Vacancy
7.50%
Lease Rate
$8.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,120
Cap Rate 7%
$167,229
Cap Rate 9%
$130,067
Alternative Uses
Best Use
Multifamily LT 5
$167.2K
$146.3K – $195.1K
NOI $11,706 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$156.6K
$137.1K – $182.7K
NOI $10,964 @ 7.0% cap · market cap 4.67%
Theoretical Best
Office A
$437.0K
$382.3K – $509.8K
NOI $30,587 @ 7.0% cap · market cap 13.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
206
Businesses Nearby
Explore this area
Business Placement
Demographics for 38305, TN
52,686
Population
22,950
Households
2.3
Avg Household Size
40
Median Age
32%
College-Educated
94%
High-School Grad
128.0 sq mi
ZIP Area
412
Density / Sq Mi
$66,292
Median Household Income
$37,416
Median Earnings
$1,201
Median Rent
$221,200
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Both units include laundry connections, kitchen appliances, and a mix of full and half bathrooms.
Where is this duplex located?
The property is located at 40 Camelot Cove Jackson, TN.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two duplex units, each with 2 bedrooms, 1 full bath, and 1 half bath; 2,122 square feet of building area; Brick construction; built in 1975
