Back to search
40 Carolane Dr Jackson, TN $ 429,900
Share Save
$ 429,900 Get more info
40 Carolane Dr
$ 429,900
Back to search
Recently Listed
Share Save

40 Carolane Dr

Jackson, TN, 38305
$ 429,900
Bedrooms6 Baths6.0 Sq 4,960

Monthly Estimate*

$ 2,647

40 Carolane Dr, Jackson, TN 38305 - Image 1
40 Carolane Dr, Jackson, TN 38305 - Image 2
40 Carolane Dr, Jackson, TN 38305 - Image 3
40 Carolane Dr, Jackson, TN 38305 - Image 4
40 Carolane Dr, Jackson, TN 38305 - Image 5
40 Carolane Dr, Jackson, TN 38305 - Image 6
40 Carolane Dr, Jackson, TN 38305 - Image 7
40 Carolane Dr, Jackson, TN 38305 - Image 8
40 Carolane Dr, Jackson, TN 38305 - Image 9
40 Carolane Dr, Jackson, TN 38305 - Image 10
40 Carolane Dr, Jackson, TN 38305 - Image 11

Multi-Family Home for sale in Jackson, TN

for $429,900 with 6 bedrooms and 6 full baths. This 4,960 square foot home was built in 1975.

???? Turn-Key Quadplex Investment Opportunity in Jackson, TN! ???? Excellent opportunity to own an income-producing quad in the heart of Jackson! This well-maintained property features four spacious units, each offering 2 bedrooms and 1.5 bathrooms, making it an attractive option for long-term tenants and investors alike. Currently generating approximately $3,900 per month in rental income, this property offers strong cash flow potential with established rental demand in the area. Each unit features functional layouts, comfortable living spaces, private bedrooms, and convenient half baths for guests. Whether you’re looking to expand your rental portfolio, house hack, or secure a low-maintenance investment property, this duplex checks the boxes. ✨ Property Highlights: • Quadplex with 4 separate units • Each unit: 2 Bed / 1.5 Bath • Approx. $3,900/month gross rental income • Strong investment potential • Convenient Jackson location • Ideal for investors or owner-occupants • Great long-term rental opportunity Don’t miss your chance to own a cash-flowing multifamily property in one of West Tennessee’s growing rental markets!

See more
Multi-Family Active

Price

$ 429,900

Bedrooms

6

Full Bath

6

Property Type

Multi-Family

Taxes

$ 2,900

Style

Quadruplex

Year Built

1975

Town/City

Jackson

County/Region

Madison

MLS | Web ID

3194227
Features
General
Living Area 4960
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Water Available
Possession Negotiable
Zoning RES
Garage Spaces 0
Construction Materials Vinyl Siding
Year Built 1975
Tenant Pays Cable TV Electricity Gas Trash Collection Water
Stories Count 2
Levels Two
Gross Income 3900
County Madison County TN
Net Operating Income 3705
Operating Expense 195
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Cottage Village
Garage Y/N N
Rent Includes None
Status Active
Directions Head East on E Main St > Left onto S Highland Ave/US-45 Continue on US-45 > Merge onto I-40 W via ramp toward Memphis Take Exit 80 for US-45 Bypass/N Highland Ave Right onto US-45 Bypass/N Highland A
High School Jackson Central-Merry Early College High
City Jackson
Senior Community Y/N N
Number Of Units Total 4
Lot Size Units Acres
Elementary School Arlington Elementary School
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 2900
Middle/Junior High School Jackson Central Merry Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 2825
See more
Interior
Flooring Carpet Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 4960
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
See more
Exterior
Water Source Public
Total Parking 0
Inclusions Appliances
Building Area Total 4960
Lot Dimensions 106.98X133.7 IRR
Waterfront Y/N N
Covered Spaces 0
See more
Internal Only
Street Number 1 40
See more
* Excluded Features
List By
Dyad Real Estate And Property Management

Broker

bryan@dyadrealestate.com

Email

Affordability Calculator

$2,889
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,647
Monthly Property Taxes
$242
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.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
5466292 Elementary School
5444936 Middle School
Jackson Central-Merry Early College High High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
5/8/2026$429,900 Listed Price

Map

More homes like this one

homes for you

See all
See all

40 Carolane Dr, Jackson, TN, 38305 is a Multi-Family Home for sale at $429,900 with 4,960 sqft. 40 Carolane Dr has 6 bedrooms, 6.0 baths, and was built in 1975. The property's zip code is 38305 which is in Jackson, TN

Get more info