426 W King St Jackson, TN 38301
Downtown Jackson NeighborhoodEstimated payment $984/month
Highlights
- No HOA
- Vinyl Flooring
- Property has 1 Level
- Cooling System Mounted To A Wall/Window
- Heating Available
About This Home
Exceptional income-producing duplex across the street from the University of Memphis, Lambuth Campus in downtown Jackson! Each unit is 1 bed/1 bath and currently generating a combined minimum of $3,000/month. Built in 1920, this well-located 1,512 sq ft property features vinyl siding, metal roof, two parking spaces and is within walking distance of the hospital, fitness center and Rock & Dough pizza. Priced at $189,000 — don’t miss this turnkey investment opportunity!
Listing Agent
The Agency Nashville, LLC Brokerage Phone: 6157174674 License #381268 Listed on: 08/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $682
Year Built
- Built in 1920
Lot Details
- Lot Dimensions are 46x155
Home Design
- Duplex
- Metal Roof
- Vinyl Siding
Interior Spaces
- 2 Bedrooms
- 1,512 Sq Ft Home
- Property has 1 Level
- Vinyl Flooring
- Washer and Electric Dryer Hookup
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
- Gravel Driveway
Schools
- Alexander Elementary School
- North Parkway Middle School
- South Side High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heating Available
Listing and Financial Details
- The owner pays for electricity, trash collection, water
- Rent includes electricity, trash collection, water
- Assessor Parcel Number 078H U 02100 000
Community Details
Overview
- No Home Owners Association
- 2 Units
- Lambuth Subdivision
Building Details
- Operating Expense $500
- Gross Income $3,000
- Net Operating Income $2,500
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 | $366 | $30,960 | $2,800 | $28,160 |
| 2024 | $366 | $19,560 | $2,800 | $16,760 |
| 2022 | $718 | $20,600 | $2,800 | $17,800 |
| 2021 | $662 | $15,360 | $1,680 | $13,680 |
| 2020 | $662 | $15,360 | $1,680 | $13,680 |
| 2019 | $662 | $15,360 | $1,680 | $13,680 |
| 2018 | $662 | $15,360 | $1,680 | $13,680 |
| 2017 | $618 | $14,000 | $1,680 | $12,320 |
| 2016 | $576 | $14,000 | $1,680 | $12,320 |
| 2015 | $576 | $14,000 | $1,680 | $12,320 |
| 2014 | $576 | $14,000 | $1,680 | $12,320 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/27/2025 12/27/25 | Price Changed | $179,000 | -2.7% | $118 / Sq Ft |
| 12/07/2025 12/07/25 | Price Changed | $184,000 | -0.5% | $122 / Sq Ft |
| 11/06/2025 11/06/25 | Price Changed | $185,000 | -2.1% | $122 / Sq Ft |
| 08/17/2025 08/17/25 | For Sale | $189,000 | -- | $125 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $19,000 | None Available | |
| Warranty Deed | $95,000 | -- | |
| Deed | -- | -- |
Source: Realtracs
MLS Number: 2975549
APN: 078H-U-021.00
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