203 S Fairgrounds St Jackson, TN $ 2,900,000
203 S Fairgrounds St
$ 2,900,000
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203 S Fairgrounds St

Jackson, TN, 38301
$ 2,900,000
Bedrooms12 Baths0.0 Sq 2,000

Monthly Estimate*

$ 17,856

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Multi-Family Home for sale in Jackson, TN

for $2,900,000 with 12 bedrooms. This 2,000 square foot home was built in 1940.

MRG is pleased to present this single family portfolio in Jackson, Tennessee. - 16 BUILDINGS, 21 units!! Jackson, TN is a growing regional economic hub strategically positioned between Memphis and Nashville along I-40. Strong employment drivers, affordable housing fundamentals, and ongoing industrial expansion continue to support consistent rental demand and rent growth. The market provides investors an attractive opportunity for scalable cash flow in a stable, workforce-housing environment. Here are the additional addresses: 602 Burkett St 42 Carlos Dr 215-217 Campbell St 27 Brownstone Cv 124 Bennett St 106 Alexander St 848 Lane Ave 233 S. Lindsey St 226 Peabody St 230 Peabody St 234 Peabody St 200 Jackson St 203 Fairgrounds St 78 Redleaf Pl 1526 N Royal St 113 Melrose St call agent Drew Lekowski for details 615-522-3973

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Multi-Family Active

Price

$ 2,900,000

Bedrooms

12

Property Type

Multi-Family

Taxes

$ 470

Style

Multi Family

Year Built

1940

Town/City

Jackson

County/Region

Madison

MLS | Web ID

3147075

Features
General
Living Area 2000
Sewer Private Sewer
Heating Central
Cooling Attic Fan
Utilities Water Available
Possession Close Of Escrow
Zoning SP
Garage Spaces 1
Construction Materials Wood Siding
Year Built 1940
Tenant Pays Electricity Water
Stories Count 1
Levels One
Gross Income 212000
County Madison County TN
Net Operating Income 162000
Operating Expense 50000
New Construction N
Property Type Residential Income
Attached Garage Y
Subdivision Name n/a
Garage Y/N Y
Rent Includes None
Status Active
Directions ???? Route Start in Downtown Jackson near Main St / Highland Ave. Head south on S Highland Ave (US-45). Turn right onto W Deaderick St. Continue about 0.4 miles. Turn left onto S Fairgrounds St.
High School Liberty Technology Magnet High School
City Jackson
Senior Community Y/N N
Number Of Units Total 21
Lot Size Units Acres
Elementary School Alexander Elementary School
Property Attached Y/N Y
Year Built Details Approximate
Tax Annual Amount 470
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 3750
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Interior
Flooring Wood
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 2000
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Other
Above Grade Finished Area Source Other
Above Grade Finished Area Unit Type Square Feet
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Exterior
Parking Features Attached
Water Source Public
Total Parking 1
Inclusions Appliances Furniture
Building Area Total 2000
Lot Dimensions 50 X 150
Waterfront Y/N N
Covered Spaces 1
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Internal Only
Street Number 1 203
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* Excluded Features
List By
Mrg Realty Partners

Broker

drew@mrgrealtypartners.com

Email

Affordability Calculator

$17,895
Per Month
100%
0%
0%
Monthly Principal & Interest
$17,856
Monthly Property Taxes
$39
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
5417389 Elementary School
5417387 Middle School
Liberty Technology Magnet High School High School
Pricing History
DatePricePrice ChangeDescription
3/10/2026$2,615,000 Listed Price

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203 S Fairgrounds St, Jackson, TN, 38301 is a Multi-Family Home for sale at $2,900,000 with 2,000 sqft. 203 S Fairgrounds St has 12 bedrooms, 0.0 baths, and was built in 1940. The property's zip code is 38301 which is in Jackson, TN