About This Home

This 2-bedroom, 1-bathroom single family at 118 S Cedar in Gleason, TN is listed for $43,000 ($32 per sqft). Built in 1946, the home offers 1,332 sqft of living space on a 1.00 acres lot.

Key Features

  • Built in 1946
  • 1.00 acre lot

Property Details

1 story
1 full
1946

Amenities

A/C
Listing Description

Investment opportunity in downtown Gleason, TN! Located in Weakley County, 118 S Cedar St is a fixer-upper with strong potential for a retail flip, rental investment, or renovation project. Convenient in-town location near local amenities. Property is being sold AS-IS and needs repairs and updates. Ideal for investors, flippers, or buyers looking to build equity. Bring your vision and unlock the potential of this affordable Tennessee investment property. Buyer to verify all information.

Monthly Cost Estimate

$230/mo

20% down · 6.5% · 30 years

Principal$31
Interest$186
Insurance$13

Estimates only. Actual payments may vary.

Location

118 S Cedar

Gleason, TN 38229

Property Details

Heating

Electric (Heating)Central

Cooling

Central AirElectric

Questions & Answers

This 2-bedroom, 1-bathroom single family at 118 S Cedar is listed at $43,000 ($32/sqft). The estimated monthly payment is $230 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1946, 1.00 acre lot.

This property is listed by KOLTIN WINSTEAD and can be reached at 7312231758.

KW

KOLTIN WINSTEAD

Agent at WINSTEAD REAL ESTATE & LAND COMPANY, LLC

(731) 223-1758
Agent website

Listed by WINSTEAD REAL ESTATE & LAND COMPANY, LLC · Broker phone: 7315048969 · View on Broker Site · Broker website

MLS# 46457· Source: Reelfoot Regional Association of Realtors· 110 days on PropertySimple

Copyright © 2026 Reelfoot Regional Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

118 S Cedar, Gleason, TN 38229

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