Renovated Duplex with Washer/Dryer
81 Carolane Drive Jackson, TN 38305
81 Carolane Drive, Jackson, TN, 38305
$224,900
For Sale
$224,900
DUPLEX - Jackson, TN
Property Size2,204 SF
Price / SF$102.04
Days on Market135
Property Features for 81 Carolane Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Parking
- 4
- Appliances
- Electric Range, Refrigerator
- Standard status
- Active
- APN
- 066J A 009.13
- Size
- 2,204 SF
Taxes and HOA fees
- Tax Annual Amount
- 662
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 1974
- Floors in Building
- 1
- Number of units
- 3
Listing Agency
Town and Country
(731) 668-7000
1944 Hwy 45 Bypass, Jackson, TN
Listed by
Kristen Londe · License #329613
(731) 431-2799
Added: Mar 6 Checked: Jul 19 at 3:06 pm
MLS# 2600949
Listing URL
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 well-maintained duplex offers two separate sides, each with 2 bedrooms and 1 full bathroom. Each unit includes a kitchen with a range and refrigerator, and has washing machine and dryer connections. The property has been completely renovated within the past five years, including a new roof, new HVAC units, and new windows.
Set in a quiet cul-de-sac at 81 Carolane Drive in Jackson, TN 38305, the home provides easy access to the US-45 Bypass and Hollywood Dr, with local shopping nearby.
With a low-maintenance, updated exterior and mechanical systems supported by the renovation timeline, the duplex is configured as a straightforward income property with matching unit layouts.
Set in a quiet cul-de-sac at 81 Carolane Drive in Jackson, TN 38305, the home provides easy access to the US-45 Bypass and Hollywood Dr, with local shopping nearby.
With a low-maintenance, updated exterior and mechanical systems supported by the renovation timeline, the duplex is configured as a straightforward income property with matching unit layouts.
Key Highlights
- Duplex on Carolane Drive built in 1974, with 2 bedrooms and 1 full bathroom per unit
- Renovated within the past 5 years with updates including a new roof, new HVAC units, and new windows
- Central heating and central air
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 | $18.8k | $8.52 |
| − Vacancy | −$1.4k | −$0.64 |
| EGI | $17.4k | $7.88 |
| − OpEx | −$5.2k | −$2.36 |
| NOI | $12.2k | $5.52 |
2,204 SF · lease $8.52/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$173.7K
$152.0K – $202.7K
NOI $12,159 @ 7.0% cap · market cap 5.41%
Second Best
Apartment 5plus
$162.7K
$142.4K – $189.8K
NOI $11,388 @ 7.0% cap · market cap 5.06%
Theoretical Best
Office A
$453.8K
$397.1K – $529.5K
NOI $31,769 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Two-sided duplex with 2 bedrooms and 1 full bath per unit, renovated within the last five years.
Where is this duplex located?
The property is located at 81 Carolane Drive Jackson, TN.
What is the asking price?
The asking price for this property is $224,900.
What are key features of this property?
This property features: Duplex on Carolane Drive built in 1974, with 2 bedrooms and 1 full bathroom per unit; Renovated within the past 5 years with updates including a new roof, new HVAC units, and new windows; Central heating and central air
