Income-Producing Opportunity on 3.18 Acres ! This unique opportunity features a site-built 3-bedroom, 1-bath home plus four mobile homes—each with its own electric meter. The property includes three septic tanks and a shared well with a new well pump. All units are currently vacant and ready to be renovated- work can start immediately. Conveniently located just 15 minutes from Interstate 40 in the quiet community of Cedar Grove, and less than 30 minutes from Jackson, TN, this property sits perfectly between Memphis and Nashville. Enjoy a private, peaceful setting with excellent income-producing potential—a fantastic investment opportunity ready for its next owner! Drastically reduced for immediate sell- owner will not accept any lower offers. ADDITIONAL MOBILE HOME CAN BE ADDED FOR $105,000 TOTAL PURCHASE PRICE. Mobile homes do NOT have titles.
Cedar Grove is located in Tennessee. Cedar Grove, Tennessee has a population of 2,046. Cedar Grove is more family-centric than the surrounding county with 40.75% of the households containing married families with children. The county average for households married with children is 33.14%.
The median household income in Cedar Grove, Tennessee is $37,065. The median household income for the surrounding county is $44,794 compared to the national median of $69,021. The median age of people living in Cedar Grove is 44.7 years.
The average high temperature in July is 89 degrees, with an average low temperature in January of 26.2 degrees. The average rainfall is approximately 53.7 inches per year, with 3.2 inches of snow per year.
