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
Active
Price cut: $250K (7/13)
$2,000,000
203 S Fairgrounds St, Jackson, TN 38301
24beds
16baths
2,000sqft
Multi Family
Built in 1940
-- sqft lot
$-- Zestimate®
$1,000/sqft
$-- HOA
What's special
- 162 days |
- 116 |
- 6 |
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#: 3147075
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 24
- Bathrooms: 16
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: $1,000/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
| Date | Event | Price |
|---|---|---|
| 7/13/2026 | Price change | $2,000,000-11.1%$1,000/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3147075 Report a problem | ||
| 4/11/2026 | Price change | $2,250,000-13.5%$1,125/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3147075 Report a problem | ||
| 3/30/2026 | Price change | $2,600,000-10.3%$1,300/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3147075 Report a problem | ||
| 3/10/2026 | Listed for sale | $2,900,000+16011.1%$1,450/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3147075 Report a problem | ||
| 10/17/2008 | Sold | $18,000-40%$9/sqft |
Source: Public Record Report a problem | ||
| 9/17/1996 | Sold | $30,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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.Climate risks
Neighborhood: 38301
Nearby schools
GreatSchools rating
- 4/10Arlington Elementary SchoolGrades: PK-5Distance: 0.9 mi
- 4/10North Parkway Middle SchoolGrades: 6-8Distance: 2.7 mi
- 3/10South Side High SchoolGrades: 9-12Distance: 3.3 mi
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.
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A local agent can set up tours, give advice and negotiate with sellers.
