$350,000
SOLD JAN 23, 2026

1502 E Chester St Jackson, TN 38301

-- Bed
-- Bath
1,120 Sq Ft
0.28 Acres

Recently Sold

$312 Per Sq Ft

1% Below List Price

6 Days on Market

Highlights

  • No HOA
  • Central Heating and Cooling System
  • Carpet
  • Covered Patio or Porch
  • Ceiling Fan
  • 1-Story Property

About This Home

As of January 2026

Rare investment opportunity in the heart of West Tennessee -a fully occupied, cash-flowing 5-property rental portfolio sold as one package and cannot be separated. This stabilized portfolio features long-term tenants (2-7 years), consistent payment history, and dependable income with no vacancies. The package produces $54,925 in annual rent, with only taxes ($2,500/year) and insurance ($3,000/year) as primary expenses yielding a strong $49,425 NOI and an impressive 14.05% cap rate at list price. All properties are single-family homes located within established neighborhoods, each with noted updates, functioning mechanical systems, and solid rental demand. Addresses include: 158 Cartmell St, 306 Cottonwood St., 1502 E Chester, 254 Linden, 3068 W Jackson St. A full income schedule, tax breakdown, and property notes are available upon request. This is an excellent fit for investors seeking immediate cash flow, minimal turnover risk, and scalable long-term growth. Portfolio must be purchased as a whole - no exceptions.

Last Agent to Sell the Property

Julie Holt

Blue Suede Realty License #350685 Listed on: 12/05/2025

Last Buyer's Agent

Tara Joyner

BHGRE Conner Brownsville License #322963

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $391

Year Built

  • Built in 1941

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 50x126

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum

Parking

  • 2 Parking Spaces
  • No Garage
  • Parking Pad
  • 2 Open Parking Spaces

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Listing and Financial Details

  • Total Actual Rent $54,925
  • Tenant pays for all utilities, pest control, trash collection
  • Assessor Parcel Number 087C H 025.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$391

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Year Built: 1941
  • Property Sub-Type: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.28
  • Co List Office Phone: 731-300-6773
  • MLS Status: Closed
  • Subdivision Name: None
  • Carport Y N: No
  • Unit Levels: One
  • Location Tax and Legal:Tax Annual Amount: 391.19
  • Location Tax and Legal Parcel Number2: 087C H 025.00
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Acres: 0.28
  • General Property Information Lot Size Dimensions: 50X126
  • Location Tax and Legal Zoning Description2: Residential
  • General Property Information View YN2: No
  • General Property Information Waterfront YN: No
  • General Property Information Basement YN: No
  • General Property Information:Stories Total: 1
  • General Property Information:Pool Private YN: No
  • Currently Not Used Association YN: No
  • Currently Not Used Cooling YN: Yes
  • General Property Information Carport YN: No
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Levels:One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Building Area Total2: 1440.0
  • Currently Not Used Heating YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Parking Information Open Parking YN: Yes
  • Parking Information Open Parking Spaces4: 2.0
  • General Property Information Spa YN: No
  • General Property Information Auction YN2: No
  • General Property Information Home Warranty YN: No
  • General Property Information Number Of Units Total2: 1.0
  • Foundation Details Concrete Perimeter: Yes
  • General Property Information Number Of Buildings2: 1.0
  • General Property Information Units Furnished: None
  • General Property Information Rent Control YN: No
  • Income And Expenses Cap Rate: 14.05
  • Flooring:Linoleum: Yes
  • Existing Lease Type Gross: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Ceiling Fan(s), Laminate Counters
  • Appliances: Electric Range, Refrigerator
  • Private Spa: No
  • Basement YN: No
  • Flooring: Carpet, Linoleum
  • Interior Features:Ceiling Fan(s)2: Yes
  • Appliances:Electric Range: Yes
  • Interior Features:Laminate Counters: Yes

Exterior Features

  • Pool Private: No
  • View: No
  • Waterfront: No
  • Construction Type: Vinyl Siding
  • Foundation Details: Concrete Perimeter
  • Patio And Porch Features: Covered, Front Porch
  • Construction Materials:Vinyl Siding: Yes
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Covered2: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Open Parking: Yes
  • Parking Features: No Garage, Open, Parking Pad
  • Total Parking Spaces: 2.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 2.0
  • Parking Features:Parking Pad: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Central: Yes
  • Heating:Electric4: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 087C H 025.00
  • Lot Dimensions: 50X126
  • Lot Size Sq Ft: 12196.8
  • ResoLotSizeUnits: Acres
  • Zoning Description: Residential

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Furnished: None
  • Existing Lease Type: Gross
  • Tenant Pays: All Utilities, Pest Control, Trash Collection
  • Total Actual Rent: 54925.0

Tax Info

  • Tax Annual Amount: 391.19

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2020
Closed on
Dec 23, 2020
Sold by
Austin John Tracey
Bought by
Bryant Jared Hunt and Bryant Elizabeth Trotter
Seller's Agent
Darren Chandler
DCL-7 Properties
Buyer's Agent
Rachel Fullington
Hickman Realty Group Inc.-Jack
List Price
$29,900
Sold Price
$27,500
Premium/Discount to List
-$2,400
-8.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.51%

Purchase Details

Closed on
Sep 16, 2019
Sold by
Funes Edgar David and Funes Brenda Liseth
Bought by
Austin John Tracey

Purchase Details

Closed on
Dec 22, 2015
Sold by
Funes Edgar David
Bought by
Espinoza Donny Gustavo Pineda

Purchase Details

Closed on
Jan 14, 2011
Sold by
First Bank
Bought by
Morris Christopher L

Purchase Details

Closed on
Mar 20, 2008
Sold by
Christy Arnold
Bought by
First Bank

Purchase Details

Closed on
May 24, 2002
Sold by
Accredited Home Lenders
Bought by
Cory Arnold

Purchase Details

Closed on
Nov 16, 2001
Sold by
Weiss Arnold M Sub Tr
Bought by
Accredited Home Lenders

Purchase Details

Closed on
Jan 20, 2000
Sold by
Kimley Morris
Bought by
Gary Morris

Purchase Details

Closed on
Dec 22, 1997
Sold by
Harvison Kenneth L
Bought by
Lewis Thomas L

Purchase Details

Closed on
Jan 28, 1993
Bought by
Harrison Kenneth L

Purchase Details

Closed on
Jun 13, 1991
Bought by
Lewis Thomas L

Purchase Details

Closed on
Aug 31, 1990
Bought by
Tenn Housing

Purchase Details

Closed on
Mar 31, 1980
Bought by
Jones Jean
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Sold Price
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Purchase History

Date Type Sale Price Title Company
Warranty Deed $27,500 None Available
Warranty Deed $2,500 None Available
Quit Claim Deed -- --
Deed $6,000 --
Deed $20,000 --
Deed $18,000 --
Deed $36,300 --
Deed -- --
Deed $50,500 --
Deed -- --
Warranty Deed $29,000 --
Deed -- --
Deed -- --
Deed -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/23/2026 01/23/26 Sold $350,000 -0.6% $313 / Sq Ft
12/11/2025 12/11/25 Pending -- -- --
12/05/2025 12/05/25 For Sale $352,000 +1180.0% $314 / Sq Ft
12/23/2020 12/23/20 Sold $27,500 -8.0% $25 / Sq Ft View Prior Sale
12/10/2020 12/10/20 Pending -- -- --
12/09/2020 12/09/20 For Sale $29,900 -- $27 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $181 $11,225 $1,550 $9,675
2024 $181 $11,225 $1,550 $9,675
2022 $391 $11,225 $1,550 $9,675
2021 $343 $7,950 $1,075 $6,875
2020 $343 $7,950 $1,075 $6,875
2019 $343 $7,950 $1,075 $6,875
2018 $343 $7,950 $1,075 $6,875
2017 $270 $6,125 $1,075 $5,050
2016 $294 $5,950 $1,075 $4,875
2015 $294 $7,150 $1,075 $6,075
2014 $294 $7,150 $1,075 $6,075
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 2505677

Central West Tennessee Association of REALTORS®

APN: 087C-H-025.00