1841 Main Street Jasper, TN $ 650,000
1841 Main Street
$ 650,000
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1841 Main Street

Jasper, TN, 37347
$ 650,000
Bedrooms9 Baths6.0 Sq 1,200

Monthly Estimate*

$ 4,002

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Multi-Family Home for sale in Jasper, TN

for $650,000 with 9 bedrooms and 6 full baths. This 1,200 square foot home was built in 1980.

Exceptional mobile home park investment opportunity in Kimball, Tennessee, located in the fast-growing Jasper/Kimball corridor! This well-maintained 10-lot mobile home park includes 7 fully renovated Park-Owned Homes and 3 Tenant-Owned Homes, generating $91,500 in gross annual income with a strong 11%+ Cap Rate, ideal for investors seeking turnkey cash flow and long-term growth. Extensive property upgrades feature new metal roofs, PEX plumbing, updated interiors, gravel driveways, and enhanced infrastructure. Utilities include tenant-paid electric and city water, keeping owner expenses low. A reliable, experienced property manager is in place and willing to stay with new ownership, ensuring smooth operations. The park offers excellent expansion potential (pending city approval) with space to add 2-3 additional spaces and an existing structure ready for conversion to boost income. Located minutes from major highways and economic hubs, this mobile home park is strategically positioned to benefit from the region's robust population growth and rising demand for affordable housing. Investors can unlock further upside through water submetering and market-aligned rent adjustments. Strong occupancy and a waiting list provide stability and income security. The property includes a fully maintained septic system infrastructure. This is a rare opportunity to acquire a fully operational, cash-flowing mobile home park in one of Tennessee's most promising investment markets. Professional photos coming soon!

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Multi-Family Active

Price

$ 650,000

Bedrooms

9

Full Bath

6

Property Type

Multi-Family

Taxes

$ 1,819

Style

Year Built

1980

Town/City

Jasper

County/Region

Marion

MLS | Web ID

2867511

Features
General
Living Area 1200
Sewer Septic Tank
Heating Electric Propane
Cooling Wall/Window Unit(s)
Utilities Water Available
Possession Close Of Escrow
Roof Metal
Construction Materials Vinyl Siding Other
Year Built 1980
Tenant Pays Electricity Other
View City
Stories Count 1
Levels Three Or More
Gross Income 91500
Accessibility Accessible Entrance
County Marion County TN
Net Operating Income 78960
Operating Expense 12540
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name None
Garage Y/N N
Status Active
Buyer Financing Other Conventional
Directions Directions from Chattanooga: Take I-24 W toward Nashville for approximately 26 miles. Merge onto US-64 W/US-72 W via Exit 152 toward South Pittsburg/Jasper. Continue for about 5 miles then take the e
High School Marion Co High School
City Jasper
Number Of Units Total 10
Lot Size Units Acres
Carport Y/N N
Elementary School Jasper Elementary School
Property Attached Y/N N
Year Built Details EXIST
Tax Annual Amount 1819
Middle/Junior High School Jasper Middle School
Virtual Tour https://properties.615.media/sites/aapzqaa/unbranded
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 3750
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Interior
Flooring Laminate Vinyl Other
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Detached Driveway Gravel
Water Source Public
Total Parking 0
Building Area Total 1200
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 1841
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* Excluded Features
List By
Exp Realty

Broker

jason@findahomeintn.com

Email

Affordability Calculator

$4,154
Per Month
96%
4%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$152
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3113795 Elementary School
1211768 Middle School
Marion Co High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2025$650,000 Listed Price

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1841 Main Street, Jasper, TN, 37347 is a Multi-Family Home for sale at $650,000 with 1,200 sqft. 1841 Main Street has 9 bedrooms, 6.0 baths, and was built in 1980. The property's zip code is 37347 which is in Jasper, TN