0 Charles Ln Cedar Grove, TN 38321
Estimated payment $548/month
Highlights
- Pasture Views
- Multiple cooling system units
- 1-Story Property
About This Home
Income-Producing Opportunity on 3.18 Acres ! This unique opportunity features a site-built 3-bedroom, 1-bath home plus four 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 and ready to be renovated- work can start immediately. 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! Drastically reduced for immediate sell- owner will not accept any lower offers. ADDITIONAL MOBILE HOME CAN BE ADDED FOR $105,000 TOTAL PURCHASE PRICE. Mobile homes do NOT have titles.
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
- 5 Buildings
- 3 Units
Building Details
- 5 Vacant Units
- 6 Separate Electric Meters
Map
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 04/30/2026 04/30/26 | Price Changed | $95,000 | -20.8% | -- | |
| 03/09/2026 03/09/26 | Price Changed | $120,000 | -4.0% | -- | |
| 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®
MLS Number: 2505119
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Ask me questions while you tour the home.