541 South Royal Street, a prime property for the first-time or savvy Multifamily investor looking to expand their portfolio. This4, 789 SFbuilding, encompassing 4 units, offers historic southern charm having been built in 1920, while boasting modern updates from a recent 2024 renovation to primarily the interiors. Located in the growing Jackson market, this property is currently at 50% occupancy, presenting an opportunity for an investor to set higher market rents with their own tenants. This Quadplex boasts an excellent unit mix of two (2) - 2 Bedroom / 1 Bath and two (2) - 3 Bedroom / 1 Bath units with Washer / Dryer hook-ups. Each unit is metered for electric and gas which contains their own individual water…
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The average household income in
Jackson, TN
grew
from
$39,747
to
$40,398
in the past year. This data is an estimate based upon
25,516
households in
Jackson, TN. The chart below presents how household income is distributed in
Jackson, TN
in comparison to the revenue allocation amid households nationally.
Property Taxes
Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows
distribution of property taxes in
Jackson, TN
compared to median property taxes around the country. The prevalent amount of property taxes in
Jackson, TN
equals
$800-$1,500
, which is
less
than the national average.