Investor opportunity in North Jackson! This income-producing property at 51 Carolane Drive generates **$2,000 per month in rental revenue**, making it a strong addition to any investment portfolio. Located in a convenient area close to shopping, dining, and major routes, the property offers consistent cash flow with excellent rental demand.
The home features comfortable living space, a functional layout, and is situated in an established neighborhood. Whether you're a seasoned investor looking to expand your portfolio or a buyer seeking a turn-key rental property, this property provides immediate income potential.
Don’t miss this chance to own a **performing investment property with steady monthly returns** in the growing Jackson market.
Closed
$225,200
51 Carolane Dr, Jackson, TN 38305
12beds
8baths
2,496sqft
Multi Family
Built in 1974
-- sqft lot
$-- Zestimate®
$90/sqft
$1,280 Estimated rent
Home value
Not available
Estimated sales range
Not available
$1,280/mo
Zestimate® history
Owner options
List your home for rent
$1,280/mo
Rent Zestimate®
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$1,280/mo
Rent Zestimate®
Refinance and save
$1,403/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$1,403/mo
Est. payment
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Functional layoutComfortable living space
Zillow last checked:
Listing updated:
Listing Provided by:
Bryan Jones 615-879-5364,
Dyad Real Estate and Property Management
Bought with:
Nonmls
Realtracs, Inc.
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3148678
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 8
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Carpet, Laminate
Interior area
- Total structure area: 2,496
- Total interior livable area: 2,496 sqft
- Finished area above ground: 2,496
Property
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.28 Acres
- Dimensions: 69.7 x 174.22 IRR
Details
- Parcel number: 066J A 00908 000
- Zoning: RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 1974
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Water Available
Community & neighborhood
Location
- Region: Jackson
- Subdivision: Cottage Village
HOA & financial
Other financial information
- Total actual rent: 2000
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Sold | $225,200+4.8%$90/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #3148678 Report a problem | ||
| 3/28/2026 | Contingent | $214,900$86/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3148678 Report a problem | ||
| 3/13/2026 | Listed for sale | $214,900+16.2%$86/sqft |
Source: RealTracs MLS as distributed by MLS GRID #3148678 Report a problem | ||
| 5/4/2022 | Sold | $185,000$74/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $645 | $18,520 |
| 2024 | $645 | $18,520 |
| 2023 | $645 | $18,520 |
| 2022 | $645 -15% | $18,520 +5.2% |
| 2021 | $759 | $17,600 |
| 2020 | $759 +83.5% | $17,600 |
| 2019 | $414 -45.5% | $17,600 |
| 2018 | $759 -7.8% | $17,600 -5.6% |
| 2017 | $823 | $18,640 |
| 2016 | $823 +7.4% | $18,640 |
| 2015 | $766 | $18,640 |
| 2014 | $766 | $18,640 -12.2% |
| 2013 | -- | $21,240 -22.3% |
| 2012 | $1,126 | $27,335 |
| 2011 | $1,126 | $27,335 -0.1% |
| 2010 | -- | $27,366 |
| 2009 | -- | $27,366 +3.2% |
| 2008 | $1,169 | $26,518 |
| 2007 | $1,169 | $26,518 |
| 2006 | $1,169 | $26,518 |
| 2005 | $1,169 -5.8% | $26,518 |
| 2004 | $1,241 +4.2% | $26,518 +4.2% |
| 2002 | $1,191 | $25,447 |
| 2001 | -- | $25,447 -60% |
| 2000 | -- | $63,618 |
Find assessor info on the county website
Neighborhood: 38305
Nearby schools
GreatSchools rating
- 4/10Arlington Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 3/10Jackson Central Merry Middle SchoolGrades: 6-8Distance: 2.6 mi
- 3/10Jackson Central Merry High SchoolGrades: 9-12Distance: 2.6 mi
Schools provided by the listing agent
- Elementary: Arlington Elementary School
- Middle: Jackson Central Merry Middle School
- High: Jackson Central Merry 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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- Tennessee
- Madison County
- Jackson
- 38305
- 51 Carolane Dr
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