Estimated payment $2,282/month
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.
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
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/02/2026 02/02/26 | Price Changed | $425,000 | -5.6% | $85 / Sq Ft |
| 11/10/2025 11/10/25 | For Sale | $450,000 | -- | $90 / Sq Ft |
Source: Central West Tennessee Association of REALTORS®
MLS Number: 2505371
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Ask me questions while you tour the home.