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.
Chip-and-seal road access on a county road (publicly maintained)
Home design
Residential income property
Mobile home park
Single-story
Parking
Open gravel parking for about 10 vehicles
Construction
Metal roof
Metal siding
Built as single-level structures
Utilities
Shared well water
Septic tank
Electricity connected
Water connected
Financial info
Multiple rental units (total units: 10 across unit types: 2, 3, 3, 2) with listed rents by unit type: totals $1,850; $2,200; $2,200; $1,850 and example actual rents around $1,000 and $800 for individual units
Other
Zoned Commercial / Agricultural
Electricity and solar
View estimated energy costs and solar savings for this home