Skip main navigation
Active
  • Price cut: $350K (4/11)
    $2,250,000

    203 S Fairgrounds St, Jackson, TN 38301

    12beds
    8baths
    2,000sqft
    : 
    Loading
    Get pre-qualified
    Multi Family
    Built in 1940
    -- sqft lot
    $-- Zestimate®
    $1,125/sqft
    $-- HOA

    What's special

    MRG is pleased to present this single family portfolio in Jackson, Tennessee. - 16 BUILDINGS, 21 units!! Jackson, TN is a growing regional economic hub strategically positioned between Memphis and Nashville along I-40. Strong employment drivers, affordable housing fundamentals, and ongoing industrial expansion continue to support consistent rental demand and rent growth. The market provides investors an attractive opportunity for scalable cash flow in a stable, workforce-housing environment. Here are the additional addresses: 602 Burkett St 42 Carlos Dr 215-217 Campbell St 27 Brownstone Cv 124 Bennett St 106 Alexander St 848 Lane Ave 233 S. Lindsey St 226 Peabody St 230 Peabody St 234 Peabody St 200 Jackson St 203 Fairgrounds St 78 Redleaf Pl 1526 N Royal St 113 Melrose St call agent Drew Lekowski for details 615-522-3973
    116 days
    |
    92
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Lekowski 615-522-3973,

    MRG Realty Partners 651-900-4386

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3147075MLS Logo

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 12
      • Bathrooms: 8
      Heating
      • Central
      Cooling
      • Attic Fan
      Features
      • Flooring: Wood
      Interior area
      • Total structure area: 2,000
      • Total interior livable area: 2,000 sqft
      • Finished area above ground: 2,000

      Property

      Parking
      • Total spaces: 1
      • Parking features: Attached
      • Attached garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      Lot
      • Size: 7,500 Square Feet
      • Dimensions: 50 x 150
      Details
      • Parcel number: 077M D 01200 000
      • Zoning: SP
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Wood Siding
      Condition
      • New construction: No
      • Year built: 1940

      Utilities & green energy

      • Sewer: Private Sewer
      • Water: Public
      • Utilities for property: Water Available

      Community & HOA

      HOA
      • Has HOA: No
      Location
      • Region: Jackson

      Financial & listing details

      • Price per square foot: $1,125/sqft
      • Tax assessed value: $54,000
      • Annual tax amount: $470
      • Date on market: 3/10/2026
      • Inclusions: Appliances, Furniture
      • Total actual rent: 3750
      • Tenant pays: Electricity, Water

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        4/11/2026Price change$2,250,000-13.5%$1,125/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3147075 Report a problem
        3/30/2026Price change$2,600,000-10.3%$1,300/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3147075 Report a problem
        3/10/2026Listed for sale$2,900,000+16011.1%$1,450/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3147075 Report a problem
        10/17/2008Sold$18,000-40%$9/sqft
        Source: Public Record Report a problem
        9/17/1996Sold$30,000$15/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$470 $13,500
        2024$470 $13,500
        2023$470 $13,500
        2022$470 +15.2%$13,500 +42.5%
        2021$409 $9,475
        2020$409 +83.5%$9,475
        2019$223 -45.5%$9,475
        2018$409 +5%$9,475 +7.4%
        2017$389 $8,825
        2016$389 +7.2%$8,825
        2015$363 +2%$8,825 +2%
        2014$356 $8,650
        2013-- $8,650 +5%
        2012$339 $8,237
        2011$339 $8,237
        2010-- $8,237
        2009-- $8,237 +9.8%
        2008$331 $7,501
        2007$331 +3.4%$7,501 +3.4%
        2006$320 $7,251
        2005$320 -5.8%$7,251
        2004$339 +15.8%$7,251 +15.8%
        2002$293 $6,263
        2001-- $6,263 -75%
        2000-- $25,050

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 38301

        Getting around

        42 / 100
        Car-Dependent
        47 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Alexander Elementary School
        • Middle: Jackson Central Merry Middle School
        • High: Liberty Technology Magnet High School

        Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

        A local agent can set up tours, give advice and negotiate with sellers.

        Browse local experts