207 Pleasant Street, Jackson, TN 38301
Income-producing duplex near downtown Jackson, generating $1,500 monthly.
- Added:
- Mar 6, 2026
- Days on Market:
- 95
- Last Refresh:
- Mar 16 at 3:39 pm
Property Features for 207 Pleasant Street
General Information
- Standard status
- Active
- Size
- 1,736 SF
- Lot size
- 0.16 Acres
- Property subtype
- Multifamily
Building Details
- Year Built
- 1930
Listing agent Seth Rodgers License #370060
Listing office RentalCity
Listing date Mar 6, 2026
Source Crexi
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HighLights
- Income‑producing duplex generating $1,500 monthly ($18,000 annually).
- Offered at $134,900.
- Two units, each with 1 bedroom and 1 bathroom.
- Convenient location near downtown Jackson, shopping, schools, and major roadways.
- Total living space of approximately 1,512 sq ft on a 7,000 sq ft lot.
- Currently rented, providing immediate cash flow.
Overview
Local Financial Insights For Multifamily LT 5
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 | $14.8k | $8.52 |
| − Vacancy | −$1.1k | −$0.64 |
| EGI | $13.7k | $7.88 |
| − OpEx | −$4.1k | −$2.36 |
| NOI | $9.6k | $5.52 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Jackson
- County
- Madison
- State
- Tennessee
- Longitude
- -88.823021
- Latitude
- 35.625247