40 Carolane Dr, Jackson, TN 38305

$375,000
4,960
SqFt

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Sold Price
$375,000
List Price
$409,500
Closing Date
Sep 03, 2026
MLS#
3194227
Days on Market
27
Property Type
Multifamily
Sqft. of Residence
4,960
County
Madison
Status
CLOSED

Property Description

🏡 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!

Additional Information

Elementary School
Arlington Elementary School
High School
Jackson Central-Merry Early College High
Living Area
4,960
Lot Dimensions
106.98X133.7 IRR
Number Of Units
4
Subdivision
Cottage Village
Year Built
1975
Zoning
RES
Type
Multifamily

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Listing courtesy of Dyad Real Estate and Property Management. Selling Office: Realtracs, Inc..

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.