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Sold for $350,000
  • $350,000

    1502 E Chester St, Jackson, TN 38301

    --beds
    0baths
    1,120sqft
    Multi Family
    Built in 1941
    -- sqft lot
    $350,000 Zestimate®
    $313/sqft
    $1,030 Estimated rent

    Home value

    $350,000

    $308,000 - $396,000

    $1,030/mo

    Zestimate® history
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    What's special

    Noted updatesFunctioning mechanical systems
    Rare investment opportunity in the heart of West Tennessee -a fully occupied, cash-flowing 4-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, 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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Julie Holt,

    Blue Suede Realty

    Bought with:

    Tara Joyner, 322963

    BHGRE Conner Brownsville

    Source: CWTAR,MLS#: 2505677MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central, Electric
    Cooling
    • Ceiling Fan(s), Central Air
    Appliances
    • Included: Electric Range, Refrigerator
    Features
    • Ceiling Fan(s), Laminate Counters
    • Flooring: Carpet, Linoleum
    • Has basement: No
    Interior area
    • Total structure area: 1,440
    • Total interior livable area: 1,120 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: No Garage, Open, Parking Pad
    • Uncovered spaces: 2
    Features
    • Levels: One
    • Patio & porch: Covered, Front Porch
    Lot
    • Size: 0.28 Acres
    • Dimensions: 50 x 126
    Details
    • Parcel number: 087C H 025.00
    • Zoning description: Residential
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Concrete Perimeter
    Condition
    • Year built: 1941

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Jackson
    • Subdivision: None

    HOA & financial

    Other financial information
    • Total actual rent: 54925

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash

    Price history

    DateEventPrice
    1/23/2026Sold$350,000-0.6%$313/sqft
    Source: CWTAR #2505677 Report a problem
    12/11/2025Pending sale$352,000$314/sqft
    Source: CWTAR #2505677 Report a problem
    12/5/2025Listed for sale$352,000+352.4%$314/sqft
    Source: CWTAR #2505677 Report a problem
    3/4/2023Listing removed--
    Source: CWTAR #224209 Report a problem
    1/9/2023Price change$77,800-5.1%$69/sqft
    Source: CWTAR #224209 Report a problem
    9/2/2022Listed for sale$82,000+198.2%$73/sqft
    Source: CWTAR #224209 Report a problem
    12/28/2020Sold$27,500-8%$25/sqft
    Source: Public Record Report a problem
    12/10/2020Listed for sale$29,900+1096%$27/sqft
    Source: DCL-7 Properties #204983 Report a problem
    2/6/2020Sold$2,500-58.3%$2/sqft
    Source: Public Record Report a problem
    1/14/2011Sold$6,000-40%$5/sqft
    Source: Public Record Report a problem
    12/31/2010Pending sale$10,000$9/sqft
    Source: Town & Country Inc., Realtors #136290 Report a problem
    10/18/2010Price change$10,000-47.4%$9/sqft
    Source: TOWN & COUNTRY INC.,REALTORS #136290 Report a problem
    10/2/2010Price change$19,000-5%$17/sqft
    Source: TOWN & COUNTRY INC.,REALTORS #136290 Report a problem
    1/7/2010Listed for sale$20,000$18/sqft
    Source: iseemedia #136290 Report a problem
    3/20/2008Sold$20,000+11.1%$18/sqft
    Source: Public Record Report a problem
    5/24/2002Sold$18,000-50.4%$16/sqft
    Source: Public Record Report a problem
    11/16/2001Sold$36,300-28.1%$32/sqft
    Source: Public Record Report a problem
    1/20/2000Sold$50,500$45/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$391 $11,225
    2024$391 $11,225
    2023$391 $11,225
    2022$391 +14.1%$11,225 +41.2%
    2021$343 $7,950
    2020$343 +83.5%$7,950
    2019$187 -45.5%$7,950
    2018$343 +27%$7,950 +29.8%
    2017$270 $6,125 +2.9%
    2016$270 -8.2%$5,950 -16.8%
    2015$294 $7,150
    2014$294 $7,150
    2013-- $7,150 +4%
    2012$283 -11.3%$6,875 -11.3%
    2011$319 $7,754
    2010-- $7,754
    2009-- $7,754 +9%
    2008$314 $7,111
    2007$314 $7,111
    2006$314 $7,111
    2005$314 -5.8%$7,111
    2004$333 +15.3%$7,111 +15.3%
    2002$289 $6,168
    2001-- $6,168 -75%
    2000-- $24,673

    Find assessor info on the county website

    Neighborhood: 38301

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: Jackson Madison Consolidated District

    Source: CWTAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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