Listed price in listed location currency (USD).
$325,000

0017

MLS® 3611630

  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Residential Income
Size 11730 sqft
Garage 
Taxes $3,730
Days Active 6
Lot Size 
Approx. Age 1920
Avg. Price Per Sqft $27
MLS® Number 3611630

Property Address: 236 Airways Blvd, Jackson, TN, 38301-5837

Average square foot calculated using Size range provided by listing agent.

Description

Motivated seller. Bring your offers!!! Now priced at $325, 000. This offering includes an existing multifamily building, adjacent parcel at 240 Airways Blvd, and fully signed and stamped architectural plans for an 8-unit redevelopment, giving an investor a defined path to completion. Current projections indicate $8, 800 in monthly rent and ~17% cap rate. A detailed investor package is available outlining the renovation scope, architectural plans, unit mix, projected rents, expenses, and operating assumptions. The proposed plans include two 1-bedroom/1-bath ADA units, two 2-bedroom/2-bath units, and four 1-bedroom/1-bath units. The building is currently in shell condition and ready for renovation, while the additional parcel provides flexibility for parking, outdoor amenities, or future expansion. Historically operated as 10 units, the property offers longer-term options beyond the current 8-unit plans. Located along the Airways Blvd corridor near downtown Jackson, the property sits within an area benefiting from continued public and private investment and the broader economic growth occurring throughout West Tennessee. Property is being sold as-is. Full investor materials available upon request.
MLS® Number3611630
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1920
Basement
DrivewayParking Lot
Garage Spaces
HeatCentral
A/CCentral Air

Extras

Other

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 5, 2026List Date
$325,000List Price
  • Commute

Commute

Starting Address
Destination Address
236 Airways Blvd, Jackson, TN

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