825 Verles Road, Medon, TN 38356
- Added:
- Nov 10, 2025
- Days on Market:
- 229
- Last Refresh:
- Jun 27 at 4:06 pm
Property Features for 825 Verles Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 10
- Parking features
- Open
- Patio and Porch features
- Porch
- Interior features
- Laminate Counters, Tub Shower Combo
- Exterior features
- Dog Run
- Appliances
- Electric Range, Electric Water Heater
- Standard status
- Active
- APN
- 019 021.01
- Size
- 5,000 SF
- Lot size
- 21.04 Acres
Taxes and HOA fees
- Tax Annual Amount
- 529
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating)
- Cooling system
- Central Air, Window Unit(s), Ceiling Fan(s)
- Water source
- Well
Building Details
- Year built
- 1990
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Vinyl, Carpet, Laminate
- Building materials
- Metal Siding
- Roof type
- Metal
- Additional Structures
- Kennel/Dog Run
Listing agent Jennifer Keats License #348298 (731) 733-3656
Listing office RE/MAX Realty Source 200 B. Stonebridge Blvd., Jackson, TN (731) 668-7500
Listing date Nov 10, 2025
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.
HighLights
- 21.04‑acre income‑producing property in Medon, TN with five mobile homes
- Up to $4,000 per month in rental income; four homes currently leased
- One mobile home is move‑in ready for a new tenant or owner occupancy
- Each home includes recent updates and has central air and electric heating
- Water source is well and sewer is septic tank; metal roof and metal siding
- Open parking and a porch on the residences; dog run included on the exterior
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.4k | $10.08 |
| − Vacancy | −$3.4k | −$0.69 |
| EGI | $47.0k | $9.39 |
| − OpEx | −$21.1k | −$4.23 |
| NOI | $25.8k | $5.17 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Medon
- County
- Madison
- State
- Tennessee
- Longitude
- -88.905689
- Latitude
- 35.402295
