$450,000

825 Verles King Rd Medon, TN 38356

Estimated payment $2,416/month

Total Views 91
-- Bed
-- Bath
5,000 Sq Ft
$90 Price per Sq Ft

Highlights

  • Pond
  • No HOA
  • Window Unit Cooling System
  • Wooded Lot
  • Front Porch
  • Bathtub with Shower

About This Home

Investor's dream property in Medon, TN! This 21.04-acre income-producing property features five updated mobile homes generating up to $4,000 per month in rental income. Four of the homes are currently leased, and one is move-in ready for a new tenant or owner occupancy. Each home has been recently refreshed, offering comfortable living and low maintenance for years to come. The land itself is beautiful and versatile, offering plenty of space for expansion, development, or simply enjoying peaceful Tennessee countryside living. Conveniently located in a desirable area with easy access to Jackson and Henderson, this property offers both immediate cash flow and long-term growth potential. Whether you're expanding your investment portfolio or seeking a property with multiple income streams, this Medon opportunity is a rare find.

Listing Agent

Jennifer Keats

RE/MAX Realty Source License #348298 Listed on: 11/10/2025

RE/MAX Realty Source

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $529

Year Built

  • Built in 1990

Lot Details

  • 21.04 Acre Lot
  • Lot Dimensions are 1318x940x376x158x61x214x182x228x389x728
  • Property fronts a county road
  • Dog Run
  • Back Yard Fenced
  • Sloped Lot
  • Wooded Lot

Home Design

  • Metal Roof
  • Metal Siding

Interior Spaces

  • Bathtub with Shower
  • 5,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Washer and Electric Dryer Hookup

Kitchen

  • Electric Range
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate
  • Vinyl

Parking

  • 10 Parking Spaces
  • Gravel Driveway
  • 10 Open Parking Spaces

Outdoor Features

  • Pond
  • Storm Cellar or Shelter
  • Front Porch

Mobile Home

  • Mobile Home Park

Utilities

  • Window Unit Cooling System
  • Central Air
  • Heating Available
  • Shared Well
  • Electric Water Heater
  • Septic Tank

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance, hot water, HVAC maintenance, pest control, repairs, roof maintenance, taxes
  • Assessor Parcel Number 019 021.01

Community Details

Overview

  • No Home Owners Association
  • 5 Buildings
  • 3 Units

Building Details

  • 4 Leased Units
  • 1 Vacant Unit
  • 5 Separate Electric Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$529

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Year Built: 1990
  • Property Sub-Type: Mobile Home Park
  • PropertyType: Residential Income
  • Reso Fencing: Back Yard
  • ResoLaundryFeatures: Electric Dryer Hookup, Washer Hookup
  • ResoLotFeatures: Sloped, Wooded
  • Lot Size Acres: 21.04
  • Road Frontage Type: County Road
  • Road Surface Type: Chip And Seal
  • ResoSecurityFeatures: External Storm Shelter
  • Co List Office Phone: 731-668-7500
  • MLS Status: Active
  • Subdivision Name: None
  • Carport Y N: No
  • Unit Levels: One
  • Location Tax and Legal:Tax Annual Amount: 529.15
  • Location Tax and Legal Parcel Number2: 019 021.01
  • General Property Information Accessibility Features YN2: No
  • General Property Information Lot Size Acres: 21.04
  • General Property Information Lot Size Dimensions: 1318x940x376x158x61x214x182x228x389x728
  • Location Tax and Legal Zoning Description2: Commercial / Agricultural
  • 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: No
  • Fencing Back Yard: Yes
  • Flooring:Carpet: Yes
  • Flooring Laminate: Yes
  • Flooring:Vinyl: Yes
  • Levels:One: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Laundry Features Washer Hookup: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Currently Not Used Heating YN: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Interior Features Tub Shower Combo: Yes
  • Road Frontage Type County Road: Yes
  • Parking Information Open Parking YN: Yes
  • Parking Information Open Parking Spaces4: 10.0
  • General Property Information Spa YN: No
  • General Property Information Auction YN2: No
  • General Property Information Home Warranty YN: No
  • Security Features External Storm Shelter: Yes
  • Roof:Metal2: Yes
  • Lot Features Pond On Lot2: Yes
  • Cooling:Window Unit(s): Yes
  • Water Source Shared Well: Yes
  • General Property Information Number Of Units Total2: 5.0
  • General Property Information Number Of Buildings2: 5.0
  • General Property Information Units Furnished: None
  • General Property Information Rent Control YN: No
  • Unit Details Number Of Units Leased: 4
  • Unit Details Number Of Units Vacant: 1
  • Owner Pays:Exterior Maintenance: Yes
  • Meter Information Number Of Separate Electric Meters: 5
  • Owner Pays HVAC Maintenance: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Interior Amenities: Laminate Counters, Tub Shower Combo
  • Appliances: Electric Range, Electric Water Heater
  • Private Spa: No
  • Basement YN: No
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances:Electric Range: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Water Heater: Yes

Exterior Features

  • Roof: Metal
  • Pool Private: No
  • View: No
  • Waterfront: No
  • Construction Type: Metal Siding
  • Exterior Features: Dog Run
  • Patio And Porch Features: Front Porch, Rear Porch
  • Patio And Porch Features:Front Porch: Yes
  • Patio And Porch Features:Rear Porch: Yes
  • Lot Features:Sloped: Yes
  • Lot Features:Wooded: Yes
  • Construction Materials:Metal Siding: Yes
  • Exterior Features:Dog Run: Yes

Garage/Parking

  • Attached Garage: No
  • Attached Garage: No
  • Open Parking Spaces: 10.0
  • Open Parking: Yes
  • Parking Features: Gravel, Open
  • Total Parking Spaces: 10.0
  • General Property Information:Garage YN: No
  • General Property Information:Parking Total: 10.0
  • Parking Features:Gravel: Yes
  • Parking Features:Open: Yes

Utilities

  • Sewer: Septic Tank
  • Cooling: Ceiling Fan(s), Central Air, Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Electric
  • HeatingYN: Yes
  • Utilities: Electricity Connected, Water Connected
  • Water Source: Shared Well
  • Heating:Electric4: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 019 021.01
  • Lot Dimensions: 1318x940x376x158x61x214x182x228x389x728
  • Lot Size Sq Ft: 916502.4
  • ResoLotSizeUnits: Acres
  • Zoning Description: Commercial / Agricultural

Rental Info

  • Owner Pays: Exterior Maintenance, Hot Water, HVAC Maintenance, Pest Control, Repairs, Roof Maintenance, Taxes

Multi Family

  • Number Of Units Total: 3
  • Number Of Units Furnished: None
  • Number Of Units Leased: 4
  • Number Of Units Vacant: 1
  • Tenant Pays: All Utilities
  • Total Actual Rent: 3250.0
  • Vacancy Allowance Rate: 750.0

Tax Info

  • Tax Annual Amount: 529.15
  • Tax Book Number: 612

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/10/2025 11/10/25 For Sale $450,000 -- $90 / Sq Ft
Source: Central West Tennessee Association of REALTORS®

Source: Central West Tennessee Association of REALTORS®

MLS Number: 2505371

Central West Tennessee Association of REALTORS®
Tennessee Hardeman County Medon 38356

825 Verles King Rd, Medon, TN

For Sale

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Central West Tennessee Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Jennifer Keats
Listing Agent
Jennifer Keats
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RE/MAX Realty Source
(731) 318-5295