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About This Home
This 0-bedroom, 0-bathroom residential multi family at 825 Verles Road in Medon, TN is listed for $425,000 ($85 per sqft). Built in 1990, the home offers 5,000 sqft of living space on a 21.04 acres lot.
Investor's dream property in Medon, TN! This 21.04-acre income-producing property features five updated mobile homes generating up to $4,000 per month in rental income. Four of the homes are currently leased, and one is move-in ready for a new tenant or owner occupancy.
Each home has been recently refreshed, offering comfortable living and low maintenance for years to come. The land itself is beautiful and versatile, offering plenty of space for expansion, development, or simply enjoying peaceful Tennessee countryside living.
Conveniently located in a desirable area with easy access to Jackson and Henderson, this property offers both immediate cash flow and long-term growth potential. Whether you're expanding your investment portfolio or seeking a property with multiple income streams, this Medon opportunity is a rare find.
Key Features
- Built in 1990
- 21.04 acre lot
- 10 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$2,273/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
825 Verles Road
Medon, TN 38356
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Pool Features
Parking
Heating
Cooling
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom residential multi family at 825 Verles Road is listed at $425,000 ($85/sqft). The estimated monthly payment is $1,842 based on 20% down at 6.5% interest.
Key features include: Built in 1990, 21.04 acre lot, 10 parking spaces. Interior Features: Laminate Counters, Tub Shower Combo. Exterior Features: Dog Run.
This property is listed by Jennifer Keats and can be reached at 7317333656 or jennifer@myhousehuntress.com.