63 Cinnamon Dr Jackson, TN 38305
Estimated payment $921/month
About This Home
Tenants are in place. Please do not disturb tenants. Turn-key investment opportunity, Selling As-is. featuring three income-producing duplexes available individually or as a portfolio. Each duplex is offered at $160,000, or acquire all three for $450,000 — an exceptional value for investors seeking immediate cash flow and scale. Each duplex consists of two separate rental units, providing diversified income streams and strong tenant demand in this growing West Tennessee market. These properties are ideal for buy-and-hold investors, 1031 exchange buyers, or those looking to expand a rental portfolio. Current rents generate total approximately $5,550 per month across the portfolio, reflecting a strong in-place yield. This package delivers attractive cash flow from day one with long-term appreciation potential. Showings by appointment only with an accepted contract or proof of funds. Opportunities like this at this price point are rare — especially with the ability to scale instantly. Call Mari for a tour at 901-500-9827.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,111
Year Built
- Built in 1978
Home Design
- Duplex
Interior Spaces
- 2,112 Sq Ft Home
- 1-Story Property
Parking
- 2 Parking Spaces
- Parking Pad
- 2 Open Parking Spaces
Utilities
- No Cooling
- Central Heating
Community Details
- 3 Units
Listing and Financial Details
- Assessor Parcel Number 066G D 008.00
Map
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 | $597 | $31,880 | $2,880 | $29,000 |
| 2024 | $597 | $31,880 | $2,880 | $29,000 |
| 2022 | $1,111 | $31,880 | $2,880 | $29,000 |
| 2021 | $1,130 | $26,200 | $2,880 | $23,320 |
| 2020 | $1,130 | $26,200 | $2,880 | $23,320 |
| 2019 | $1,130 | $26,200 | $2,880 | $23,320 |
| 2018 | $1,130 | $26,200 | $2,880 | $23,320 |
| 2017 | $931 | $21,120 | $2,880 | $18,240 |
| 2016 | $868 | $21,120 | $2,880 | $18,240 |
| 2015 | $868 | $21,120 | $2,880 | $18,240 |
| 2014 | $868 | $21,120 | $2,880 | $18,240 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 01/13/2026 01/13/26 | For Sale | $160,000 | 0.0% | $76 / Sq Ft | |
| 11/22/2023 11/22/23 | Rented | $900 | 0.0% | -- | |
| 08/29/2023 08/29/23 | For Rent | $900 | 0.0% | -- | |
| 07/14/2023 07/14/23 | Sold | $180,000 | 0.0% | $85 / Sq Ft | View Prior Sale |
| 05/31/2023 05/31/23 | Pending | -- | -- | -- | |
| 05/31/2023 05/31/23 | For Sale | $180,000 | -- | $85 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $520,000 | None Listed On Document | |
| Warranty Deed | $495,000 | None Available | |
| Quit Claim Deed | -- | None Available | |
| Warranty Deed | $230,000 | None Available | |
| Deed | $2,180 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $399,637 | New Conventional | |
| Previous Owner | $999,000 | Construction | |
| Previous Owner | $292,400 | Construction |
Source: Central West Tennessee Association of REALTORS®
MLS Number: 2600211
APN: 066G-D-008.00
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