Jackson Duplex Investment
207 Pleasant Street Jackson, TN 38301
For Sale
Contact for pricing
Income-producing duplex near downtown Jackson, generating $1,500 monthly.
Property Size1,736 SF
Lot Size0.16 Acres
Price / SF$74.83
Days on Market142
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 Agency:
RentalCity
Listed By:
Seth Rodgers · License #370060
Source:
Crexi
Added: Mar 6
Changed: Jul 6
Last Checked: Jul 26 at 9:26AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RentalCity
Investment Insights
Based on property information with market context.
Located in Jackson, this duplex presents an investment opportunity. The property, situated at 207 Pleasant St, features two units, each with 1 bedroom and 1 bathroom. Both units are currently rented for $750 per month, generating a total monthly income of $1,500, or $18,000 annually. Constructed in 1930, the property provides approximately 1,512 sq ft of living space on a 7,000 sq ft lot. Its location near downtown Jackson offers convenient access to shopping, schools, and major roadways, making it an appealing location for tenants. This duplex is suitable for investors seeking to add a performing rental property to their portfolio.
Key Highlights
- Income‑producing duplex generating $1,500 monthly ($18,000 annually).
- Offered at $134,900.
- Two units, each with 1 bedroom and 1 bathroom.
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 |
1,736 SF · lease $8.52/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$136.8K
$119.7K – $159.6K
NOI $9,577 @ 7.0% cap · market cap 7.37%
Second Best
Apartment 5plus
$128.1K
$112.1K – $149.5K
NOI $8,970 @ 7.0% cap · market cap 6.91%
Theoretical Best
Office A
$357.5K
$312.8K – $417.1K
NOI $25,023 @ 7.0% cap · market cap 19.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Income-producing duplex near downtown Jackson, generating $1,500 monthly.
Where is this duplex located?
The property is located at 207 Pleasant Street Jackson, TN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Income‑producing duplex generating $1,500 monthly ($18,000 annually).; Offered at $134,900.; Two units, each with 1 bedroom and 1 bathroom.
