Apartment Building with Mobile
For Sale
$95,000
Charles Lane, Cedar Grove, TN 38321
MULTI_FAMILY - Cedar Grove, TN
Lot Size3.18 Acres
Days on Market282
Property Features for Charles Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
18
Parking features
Open
Directions
From Town and Country Realtors, Jackson,TN- take I 40 East. Exit 70 E. Take a left onto Hwy 220. Right onto Terry Rd, Right onto Fesmire Rd, Left onto Charles Lane.
Standard status
Active
APN
146 038.17
Lot size
3.18 Acres
Taxes and HOA fees
Tax Annual Amount
326
Utilities
Utilities
Water Available
Sewer type
Septic Tank
Cooling system
Multi Units, Window Unit(s)
Water source
Well
Building Details
Year built
1986
Floors in Building
1
Number of units
3
Roof type
Metal
Additional Structures
Mobile Home
Listing Agency:
Town and Country
(731) 668-7000
Listed By:
Kristen Londe · License #329613
(731) 431-2799
Added: Oct 24, 2025
Changed: Jul 31
Last Checked: Aug 1 at 7:06PM
MLS# 2505119
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 apartment building on 3.18 acres includes a site-built 3-bedroom, 1-bath home and four mobile homes. Each mobile home has its own electric meter. The property is served by a shared well with a new well pump and includes three septic tanks. All units are currently vacant and ready to be renovated, allowing work to start immediately.
The property is located in Cedar Grove, Tennessee, about 15 minutes from Interstate 40 and less than 30 minutes from Jackson, TN. It sits in a quiet community setting in Carroll County, with a private setting noted on the site.
Improvements include cooling via window unit(s) and a metal roof. Parking is offered in open areas, and water is available from the on-site well. The property was built in 1986.
The property is located in Cedar Grove, Tennessee, about 15 minutes from Interstate 40 and less than 30 minutes from Jackson, TN. It sits in a quiet community setting in Carroll County, with a private setting noted on the site.
Improvements include cooling via window unit(s) and a metal roof. Parking is offered in open areas, and water is available from the on-site well. The property was built in 1986.
Key Highlights
- 3.18‑acre site in Cedar Grove, TN
- Site‑built 3‑bedroom, 1‑bath home plus four mobile homes
- Each mobile home has its own electric meter
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 38321, TN
2,450
Population
1,177
Households
2.1
Avg Household Size
47
Median Age
10%
College-Educated
79%
High-School Grad
91.9 sq mi
ZIP Area
27
Density / Sq Mi
$62,269
Median Household Income
$47,550
Median Earnings
$654
Median Rent
$125,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Apartment building on a well-and-septic system with multiple units currently vacant and ready for renovation.
Where is this apartment building located?
The property is located at Charles Lane Cedar Grove, TN.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: 3.18‑acre site in Cedar Grove, TN; Site‑built 3‑bedroom, 1‑bath home plus four mobile homes; Each mobile home has its own electric meter
