$352,000
SOLD JAN 21, 2026

3068 W Jackson St Milan, TN 38358

-- Bed
-- Bath
1,332 Sq Ft
7,841 Sq Ft Lot

Recently Sold

$264 Per Sq Ft

6 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted In Outer Wall Opening
  • Carpet
  • Covered Patio or Porch
  • Ceiling Fan
  • Heating System Uses Natural Gas

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

  • $612

Year Built

  • Built in 1961

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60x120

Home Design

  • Vinyl Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,332 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan

Kitchen

  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Linoleum

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • No Garage
  • Parking Pad
  • Gravel Driveway
  • 2 Open Parking Spaces

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Window Unit Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Total Actual Rent $54,925
  • Tenant pays for all utilities, pest control, trash collection
  • Assessor Parcel Number 140C L 028.00

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • Gross Lease

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$612

Year Built

Built in 1961

Lot Details

7,841 Sq Ft Lot

Listing Details

  • Year Built: 1961
  • Property Sub-Type: Multi Family
  • PropertyType: Residential Income
  • Lot Size Acres: 0.18
  • Co List Office Phone: 731-300-6773
  • MLS Status: Closed
  • Subdivision Name: None
  • Carport Y N: Yes
  • Unit Levels: One
  • Location Tax and Legal:Tax Annual Amount: 611.57
  • Location Tax and Legal Parcel Number2: 140C L 028.00
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Acres: 0.18
  • General Property Information Lot Size Dimensions: 60X120
  • 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: Yes
  • General Property Information Carport Spaces2: 1.0
  • Appliances Refrigerators: Yes
  • Flooring:Carpet: Yes
  • Levels:One: Yes
  • Sewer:Public Sewer: Yes
  • Water Source:Public: Yes
  • General Property Information Building Area Total2: 1472.0
  • Currently Not Used Heating YN: Yes
  • Cooling:Ceiling Fan(s): 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
  • Cooling Wall Unit(s): Yes
  • Cooling:Window Unit(s): Yes
  • 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: Gravel, 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:Gravel: Yes
  • Parking Features:No Garage: Yes
  • Parking Features:Open: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Wall Unit(s), Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 140C L 028.00
  • Lot Dimensions: 60X120
  • Lot Size Sq Ft: 7840.8
  • 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: 611.57

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2025
Closed on
Jan 21, 2026
Sold by
Bryant Jared Hunt and Bryant Elizabeth Trotter
Bought by
Cleveland Properties Llc
Seller's Agent
Julie Holt
Blue Suede Realty
Buyer's Agent
Tara Joyner
BHGRE Conner Brownsville
List Price
$352,000
Sold Price
$352,000
Views
1

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-81.76%
Original Mortgage
$255,000
Outstanding Balance
$255,000
Interest Rate
6.22%
Mortgage Type
Construction
Estimated Equity
$17,704

Purchase Details

Listed on
Jul 25, 2018
Closed on
May 6, 2019
Sold by
Barnett Myra Bryson
Bought by
Bryant Jared and Bryant Elizabeth
Seller's Agent
Wanda Jones
Open Doors Real Estate
Buyer's Agent
Bob Beare
Coldwell Banker Southern Realty
List Price
$49,900
Sold Price
$33,500
Premium/Discount to List
-$16,400
-32.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
41.91%

Purchase Details

Closed on
Oct 18, 2017
Sold by
Woods Myrtice Brooks Estat
Bought by
Barnett Myra Bryson
Source: Public Records

Range of Values:

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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $350,000 None Listed On Document
Warranty Deed $33,500 --
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $255,000 Construction
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/21/2026 01/21/26 Sold $352,000 0.0% $264 / Sq Ft
12/11/2025 12/11/25 Pending -- -- --
12/05/2025 12/05/25 For Sale $352,000 +950.7% $264 / Sq Ft
05/06/2019 05/06/19 Sold $33,500 -32.9% $31 / Sq Ft View Prior Sale
04/19/2019 04/19/19 Pending -- -- --
07/25/2018 07/25/18 For Sale $49,900 -- $47 / 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 $612 $17,375 $1,750 $15,625
2024 $612 $17,375 $1,750 $15,625
2023 $334 $10,225 $500 $9,725
2022 $327 $10,225 $500 $9,725
2021 $334 $10,225 $500 $9,725
2020 $498 $10,225 $500 $9,725
2019 $498 $10,225 $500 $9,725
2018 $486 $10,825 $500 $10,325
2017 $481 $10,825 $500 $10,325
2016 $481 $10,825 $500 $10,325
2015 $461 $10,825 $500 $10,325
2014 $461 $10,825 $500 $10,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Central West Tennessee Association of REALTORS®

MLS Number: 2505679

Central West Tennessee Association of REALTORS®

APN: 140C-L-028.00

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