1 month on rocket

125 N Fairgrounds St, Jackson, TN, 38301

$395,000

Home List Price

$4,691*

Closing Credit

0 Baths
3,769 SqFt
$105/SqFt
House
Schools Nearby

Location

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125 N Fairgrounds St, Jackson$395,000

Buyer Closing Credits

$4,691*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAsphalt
Year Built1976
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #2635723
StatusActive

About 125 N Fairgrounds St

Presenting a solid investment opportunity to acquire 5 apartment units located at 125 North Fairgrounds Street in Jackson, TN. This multifamily property features a 3,769 SF, single-story building with 5 units, showcasing a desirable unit mix primarily consisting of 2B/1B layouts. Renovated in 2024, this asset offers standard amenities with washer/dryer hook-ups, metered electric, and individual water heaters. Situated in a strong rental market near the Regional Hospital and major employers, this property presents an attractive opportunity for a first-time investor or an investor that owns in the market seeking to expand their portfolio. With excellent potential for increased rents through efficient management and some additional improvements, this can result in a nice cash-flow opportunity. *Currently there's one (1) down unit that is need of a complete renovation (Buyer's to obtain their own contractor bids.) *Potential Owner-Financing depending on terms and conditions.

Property Details

Property Features

Property Information:

  • Year Built: 1976
  • Living Area: 3,769 SqFt

Listing Office:

  • Office Name: PCG Commercial, Inc
  • Office Phone: (916) 303-0133
  • Listing Agent: Adrian Del Rio

Interior Features

Interior Information:

  • Flooring Type: Carpet, Laminate

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Attached Garage: No
  • Parking: Asphalt

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

School Info

Assigned Schools Information:

  • Madison Academic Magnet High School, Public Magnet Grades 9-12
  • Jackson Central-Merry Academy of Medical Technology, Public Magnet Grades 9-12
  • The Montessori Elementary School At Bemis, Public Magnet Grades PK-8
  • Arlington Elementary School, Public Magnet Grades PK-5

Other

Directions Information:

  • Directions: From Airways Blvd turn onto N Fairgrounds, the property is on the left handside.

Price Information

Listing Price Info

Price Summary:

  • List Price: $395,000
  • Price Per SqFt: $105/SqFt

Tax Information:

  • Annual Amount: $1,545
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Jackson, TN.

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Jackson, TN

City

Med. List Price

$257K

Med. Price/SqFt

$138

Avg. Days On Market

166

# of Sold Homes

7

125 N Fairgrounds St vs Jackson

30 DAYS ON ROCKET

-136 Days

$395,000

+$138K More

$105/SqFt

-$34 Less

KEY TAKEAWAY

This property is $138K more than the Median List Price and $34/SqFt less than other homes in Jackson, TN.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: REALTRAC
  • MLS Number: #2635723

Listing Office:

  • Office Name: PCG Commercial, Inc
  • Office Phone: (916) 303-0133
  • Listing Agent: Adrian Del Rio

IDX Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX© 2024 of the REALTRACS MLS. All rights Reserved.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than this broker are marked with the REALTRACS IDX Logo. REALTRACS and this broker deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and this broker assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, this broker and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 12:48:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jun 03, 2021Home Sold
$250,000
May 05, 2020Home Sold
$45,000
Feb 01, 2019Home Sold
$27,000
Oct 01, 2018Home Sold
$1,060,000

Tax History

YEARPROP. TAXASSESSMENT
2020$1,545$35,840
2019$1,545$35,840
2018$1,545$35,840
2017$1,781$43,320

History based on county public records data.

Payment Calculator

$2,039

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,251

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1037165
3
/10

  • Arlington Elementary School

  • 701 Arlington Ave

  • 0.78 miles

  • Public Magnet Grades PK-5

Middle School

school-card-donut-1037166
5
/10

  • The Montessori Elementary School At Bemis

  • 230 D St

  • 2.62 miles

  • Public Magnet Grades PK-8

High School

school-card-donut-1037167
9
/10

  • Madison Academic Magnet High School

  • 179 Allen Ave

  • 0.97 miles

  • Public Magnet Grades 9-12

school-card-donut-1037168
2
/10

  • Jackson Central-Merry Academy of Medical Technology

  • 332 Lane Ave

  • 1.20 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $26,462. Typical income of Jackson, TN residents is less than $35k annually. Typical family type is single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 125 N Fairgrounds St

What is the listing price of this property?

The listing price of 125 N Fairgrounds St property is $395,000.

What type of property is this?

The property 125 N Fairgrounds St is a house located in Jackson, Tennessee, 38301.

Is this property for sale now?

Active Listing: 125 N Fairgrounds St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 125 N Fairgrounds St are:
Arlington Elementary School: GreatSchools Rating 3/10
The Montessori Elementary School At Bemis: GreatSchools Rating 5/10
Madison Academic Magnet High School: GreatSchools Rating 9/10
Jackson Central-Merry Academy of Medical Technology: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,545 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on June 3, 2021 for $250,000. (source: MLS/tax record).

What is the square footage of this property?

The property 125 N Fairgrounds St is 3,769 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 125 N Fairgrounds St is 1976.

Rocket Homes›Tennessee›Madison County›Jackson›38301›125 N Fairgrounds St

This home is located at 125 N Fairgrounds St in Jackson, TN and zip code 38301. This 3,769 square foot home was built in 1976. It has been listed on Rocket Homes since March 27, 2024 and is currently priced at $395,000.

In March 2024, listings were on the market for 166 days. During the same period, the median list price in this real estate market was $257,000.

From Rocket Homes Real Estate and based on county public records data.

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