303 Jefferson Ave E Carthage, TN 37030
Estimated payment $3,000/month
Total Views
14,008
2
Beds
--
Bath
4,178
Sq Ft
$132
Price per Sq Ft
Highlights
- No HOA
- Vinyl Flooring
- Heating Available
- Cooling Available
About This Home
Excellent Investment Opportunity!
This unique listing includes two properties with a total of 7 rental units. The first property, 303 Jefferson Ave, features four units—two separate 1-bedroom, 1-bath units, one 2-bedroom, 1.5-bath unit, and one 2-bedroom, 1-bath unit. The second property, 112 Franklin Ln, offers three additional 1-bedroom, 1-bath units. Together, these properties provide strong income potential with a great mix of unit sizes. Conveniently located close to town amenities, this is an ideal opportunity for investors looking to expand their rental portfolio!
Listing Agent
Mid Ten Realty Brokerage Phone: 6154892134 License #343160 Listed on: 10/27/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,739
Year Built
- Built in 1930
Lot Details
- Lot Dimensions are 100 x 160
Home Design
- Vinyl Siding
Interior Spaces
- 2 Bedrooms
- 4,178 Sq Ft Home
- Property has 1 Level
Flooring
- Laminate
- Vinyl
Schools
- Carthage Elementary School
- Smith County Middle School
- Smith County High School
Utilities
- Cooling Available
- Heating Available
Listing and Financial Details
- Assessor Parcel Number 054A C 01900 000
Community Details
Overview
- No Home Owners Association
- 7 Units
- Fisher Add Subdivision
Building Details
- Operating Expense $3,000
- Gross Income $42,900
- Net Operating Income $39,900
Map
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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 | $1,531 | $88,360 | $10,000 | $78,360 |
| 2024 | $1,182 | $68,200 | $10,000 | $58,200 |
| 2023 | $1,112 | $68,200 | $0 | $0 |
| 2022 | $1,636 | $64,160 | $10,000 | $54,160 |
| 2021 | $1,394 | $38,680 | $6,000 | $32,680 |
| 2020 | $1,491 | $38,680 | $6,000 | $32,680 |
| 2019 | $1,491 | $38,680 | $6,000 | $32,680 |
| 2018 | $1,263 | $38,680 | $6,000 | $32,680 |
| 2017 | $1,263 | $38,680 | $6,000 | $32,680 |
| 2016 | $1,197 | $34,480 | $6,000 | $28,480 |
| 2015 | $1,196 | $34,480 | $6,000 | $28,480 |
| 2014 | $1,196 | $34,480 | $6,000 | $28,480 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/27/2025 10/27/25 | For Sale | $549,900 | +96.4% | $132 / Sq Ft | |
| 09/23/2024 09/23/24 | Sold | $280,000 | +3.7% | $85 / Sq Ft | View Prior Sale |
| 07/16/2024 07/16/24 | Pending | -- | -- | -- | |
| 07/05/2024 07/05/24 | Price Changed | $270,000 | 0.0% | $82 / Sq Ft | |
| 07/05/2024 07/05/24 | For Sale | $270,000 | -6.9% | $82 / Sq Ft | |
| 06/14/2024 06/14/24 | Pending | -- | -- | -- | |
| 05/28/2024 05/28/24 | Price Changed | $289,900 | -3.3% | $88 / Sq Ft | |
| 05/16/2024 05/16/24 | For Sale | $299,900 | +328.4% | $91 / Sq Ft | |
| 05/06/2017 05/06/17 | Off Market | $70,000 | -- | -- | |
| 03/06/2017 03/06/17 | For Sale | $410,000 | +485.7% | $124 / Sq Ft | |
| 03/17/2015 03/17/15 | Sold | $70,000 | -- | $21 / Sq Ft | View Prior Sale |
Source: Realtracs
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $517,500 | Rudy Title And Escrow Llc | |
| Quit Claim Deed | -- | Lee And Lee Pc | |
| Warranty Deed | $70,000 | -- | |
| Deed | $64,000 | -- | |
| Warranty Deed | $55,000 | -- | |
| Deed | $85,000 | -- | |
| Warranty Deed | $19,600 | -- | |
| Deed | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $482,500 | Seller Take Back | |
| Previous Owner | $126,900 | New Conventional |
Source: Public Records
About the Listing Agent
I'm an expert real estate agent and the Principal Broker with MID TEN Realty in Carthage, TN, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who'll really listen to what you want in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you.
Michael's Other Listings
Source: Realtracs
MLS Number: 3033857
APN: 054A-C-019.00
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