Coldwell Banker Home Page
Local Realty Service Provided By: Coldwell Banker McKee Realty
Property view

1502 E Chester Street, 
Jackson, TN 38301

$350,000


Bed


Bath


1,440

Sq Ft


Multi-Family

Sold

Listed by

Julie Holt

Blue Suede Realty

731-300-6773

MLS#

2505677

Source:

TN CWTAR

Sorry, we are unable to map this address

About This Home

1502 E Chester Street

Rare investment opportunity in the heart of West Tennessee -a fully occupied, cash-flowing 5-property rental portfolio sold as one package and cannot be separated. This stabilized portfolio features long-term tenants (2-7 years), consistent payment history, and dependable income with no vacancies. The package produces $54,925 in annual rent, with only taxes ($2,500/year) and insurance ($3,000/year) as primary expenses yielding a strong $49,425 NOI and an impressive 14.05% cap rate at list price. All properties are single-family homes located within established neighborhoods, each with noted updates, functioning mechanical systems, and solid rental demand. Addresses include: 158 Cartmell St, 306 Cottonwood St., 1502 E Chester, 254 Linden, 3068 W Jackson St. A full income schedule, tax breakdown, and property notes are available upon request. This is an excellent fit for investors seeking immediate cash flow, minimal turnover risk, and scalable long-term growth. Portfolio must be purchased as a whole - no exceptions.

Home Facts

Multi-Family

Built in 1941

Price Summary

352,000

$244 per Sq. Ft.

MLS #:

2505677

Sold:

January 23, 2026


Rooms & Interior

Interior

Living Area:

1,440 Sq. Ft.


Structure

Structure

Building Area:

1,440 Sq. Ft.

Year Built:

1941


Lot

Lot Size (Sq. Ft):

12,196


Finances & Disclosures

Finances

Price:

$352,000

Price per Sq. Ft:

$244 per Sq. Ft.

Source:TN CWTAR
The information being provided by Mls Of The Central West Tn Association Of REALTORS® is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 Mls Of The Central West Tn Association Of REALTORS® All rights reserved.