203 S Fairgrounds St Jackson, TN 38301
Downtown Jackson NeighborhoodEstimated payment $11,969/month
Highlights
- Wood Flooring
- 1 Car Attached Garage
- Attic Fan
- No HOA
- Cooling Available
- Central Heating
About This Home
MRG is pleased to present this single family portfolio in Jackson, Tennessee. - 16 BUILDINGS, 21 units!! Jackson, TN is a growing regional economic hub strategically positioned between Memphis and Nashville along I-40. Strong employment drivers, affordable housing fundamentals, and ongoing industrial expansion continue to support consistent rental demand and rent growth. The market provides investors an attractive opportunity for scalable cash flow in a stable, workforce-housing environment. Here are the additional addresses: 602 Burkett St
42 Carlos Dr
215-217 Campbell St
27 Brownstone Cv
124 Bennett St
106 Alexander St
848 Lane Ave
233 S. Lindsey St
226 Peabody St
230 Peabody St
234 Peabody St
200 Jackson St
203 Fairgrounds St
78 Redleaf Pl
1526 N Royal St
113 Melrose St call agent Drew Lekowski for details 615-522-3973
Listing Agent
MRG Realty Partners Brokerage Phone: 6155223973 License #371021 Listed on: 03/10/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $470
Year Built
- Built in 1940
Lot Details
- Lot Dimensions are 50 x 150
Parking
- 1 Car Attached Garage
Home Design
- Wood Siding
Interior Spaces
- 2,000 Sq Ft Home
- Property has 1 Level
- Wood Flooring
- Attic Fan
Bedrooms and Bathrooms
- 12 Bedrooms
- 8 Bathrooms
Schools
- Alexander Elementary School
- Jackson Central Merry Middle School
- Liberty Technology Magnet High School
Utilities
- Cooling Available
- Central Heating
- Private Sewer
Listing and Financial Details
- Assessor Parcel Number 077M D 01200 000
Community Details
Overview
- No Home Owners Association
- 21 Units
Building Details
- Operating Expense $50,000
- Gross Income $212,000
- Net Operating Income $162,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $253 | $13,500 | $1,725 | $11,775 |
| 2024 | $253 | $13,500 | $1,725 | $11,775 |
| 2022 | $471 | $13,500 | $1,725 | $11,775 |
| 2021 | $409 | $9,475 | $1,075 | $8,400 |
| 2020 | $409 | $9,475 | $1,075 | $8,400 |
| 2019 | $409 | $9,475 | $1,075 | $8,400 |
| 2018 | $409 | $9,475 | $1,075 | $8,400 |
| 2017 | $389 | $8,825 | $1,075 | $7,750 |
| 2016 | $363 | $8,825 | $1,075 | $7,750 |
| 2015 | $363 | $8,825 | $1,075 | $7,750 |
| 2014 | $356 | $8,650 | $1,075 | $7,575 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/11/2026 04/11/26 | Price Changed | $2,250,000 | -13.5% | $1,125 / Sq Ft |
| 03/30/2026 03/30/26 | Price Changed | $2,600,000 | -10.3% | $1,300 / Sq Ft |
| 03/10/2026 03/10/26 | Price Changed | $2,900,000 | +10.9% | $1,450 / Sq Ft |
| 03/10/2026 03/10/26 | For Sale | $2,615,000 | -- | $1,308 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $18,000 | -- | |
| Deed | $30,000 | -- | |
| Deed | -- | -- |
Source: Realtracs
MLS Number: 3147075
APN: 077M-D-012.00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID
- 125 S Fairgrounds St
- 236 Airways Blvd
- 126 McCorry St
- 200 Lambuth Blvd
- 209 Hatton St
- 124 Glendale St
- 218 Newton St
- 125 Hatton St
- 226 Morgan St
- 223 Morgan St
- 125 Williams St
- 275 W Deaderick St
- 122 Campbell St
- 221 W Deaderick St
- 234 McCowat St
- 421 Hollywood Dr
- 214 McCowat St
- 219 Clay St
- 205 McCowat St
- 0 Mount Pinson Rd Unit RTC3014080
- 321 Lambuth Blvd Unit A
- 412 Lambuth Blvd
- 112 Morgan St
- 226 McCowat St
- 102 Jackson Walk Plaza
- 244 Linden St
- 201 E Lafayette St
- 9 Sunset Ave Unit 9 Sunset Main House
- 416 E Lafayette St
- 396 N Highland Ave Unit 2
- 402 N Highland Ave Unit B
- 150 Arlington Ave
- 333 Division Ave
- 315 Park Ave
- 140 Summar Dr
- 207 S Hays Ave
- 228 Eden St
- 101 North St
- 942 W Forest Ave
- 1565 Lambuth Blvd
Ask me questions while you tour the home.