$125,000
$10K PRICE DROP

0 Charles Ln Cedar Grove, TN 38321

Estimated payment $683/month

Total Views 658
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Pasture Views
  • Multiple cooling system units
  • 1-Story Property

About This Home

Income-Producing Property on 3.18 Acres! This unique opportunity features a site-built 3-bedroom, 1-bath home plus five mobile homes—each with its own electric meter. The property includes three septic tanks and a shared well with a new well pump. All units are currently vacant, providing a clean slate for your next investment strategy. Conveniently located just 15 minutes from Interstate 40 in the quiet community of Cedar Grove, and less than 30 minutes from Jackson, TN, this property sits perfectly between Memphis and Nashville. Enjoy a private, peaceful setting with excellent income-producing potential—a fantastic investment opportunity ready for its next owner! One mobile home is a 3/2 and the other 4 are 2/1's- Home is a 3/1 site built

Listing Agent

Kristen Londe

Town and Country License #329613 Listed on: 10/24/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $326

Year Built

  • Built in 1986

Lot Details

  • 3.18 Acre Lot
  • Property fronts a county road

Home Design

  • Metal Roof

Interior Spaces

  • 1-Story Property
  • Pasture Views

Parking

  • 18 Parking Spaces
  • No Garage
  • Gravel Driveway
  • 18 Open Parking Spaces

Mobile Home

  • Mobile Home Park

Utilities

  • Multiple cooling system units
  • Window Unit Cooling System
  • Shared Well
  • Well
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 146 038.17

Community Details

Overview

  • 6 Buildings
  • 3 Units

Building Details

  • 6 Vacant Units
  • 6 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$326

Year Built

Built in 1986

Lot Details

0

Listing Details

  • Year Built: 1986
  • Property Sub-Type: Mobile Home Park
  • PropertyType: Residential Income
  • Lot Size Acres: 3.18
  • Road Frontage Type: County Road
  • View Type:Pond View: Pasture
  • Co List Office Phone: 731-668-7000
  • MLS Status: Active
  • Subdivision Name: None
  • Unit Levels: One
  • Location Tax and Legal:Tax Annual Amount: 325.54
  • Location Tax and Legal Parcel Number2: 146 038.17
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Acres: 3.18
  • General Property Information Lot Size Dimensions: 3.18
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information:Stories Total: 1
  • Currently Not Used Cooling YN: Yes
  • Levels:One: Yes
  • Road Frontage Type County Road: Yes
  • Cooling:Multi Units: Yes
  • Parking Information Open Parking YN: Yes
  • Parking Information Open Parking Spaces4: 18.0
  • Water Source:Well: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Water Available: Yes
  • Roof:Metal2: Yes
  • Cooling:Window Unit(s): Yes
  • Water Source Shared Well: Yes
  • General Property Information Number Of Units Total2: 6.0
  • View Pasture3: Yes
  • General Property Information Number Of Buildings2: 6.0
  • Unit Details Number Of Units Vacant: 6
  • Meter Information Number Of Separate Electric Meters: 6
  • Other Structures Mobile Home: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Exterior Features

  • Roof: Metal
  • View: No
  • Waterfront: No
  • Other Structures: Mobile Home

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking Spaces: 18.0
  • Open Parking: Yes
  • Parking Features: Gravel, No Garage, Open
  • Total Parking Spaces: 18.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 18.0
  • Parking Features:Gravel: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Open: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Multi Units, Window Unit(s)
  • Cooling Y N: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Shared Well, Well
  • Sewer Septic Tank: Yes

Lot Info

  • Parcel Number: 146 038.17
  • Lot Dimensions: 3.18
  • Lot Size Sq Ft: 138520.8
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Vacant: 6
  • Tenant Pays: Electricity

Tax Info

  • Tax Annual Amount: 325.54

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/11/2025 11/11/25 Price Changed $125,000 -7.4% --
10/24/2025 10/24/25 For Sale $135,000 +35.0% --
08/23/2024 08/23/24 Sold $100,000 -33.3% $200 / Sq Ft View Prior Sale
02/23/2024 02/23/24 For Sale $150,000 -- $300 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

Source: Central West Tennessee Association of REALTORS®

MLS Number: 2505119

Central West Tennessee Association of REALTORS®
Tennessee Carroll County Cedar Grove 38321

0 Charles Ln, Cedar Grove, TN

For Sale

MultiFamily

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Central West Tennessee Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Kristen Londe
Listing Agent
Kristen Londe
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Town and Country
(731) 324-4885