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Improved Residential Land for Sale in Jackson, Tennessee

809 Old Hickory Blvd, Jackson, TN 38305

$3,699,000
5 acres
Active sale
ago
Est $22,335/mo

Old Hickory 40 is a 40-unit multifamily community located at 809 Old Hickory Boulevard in Jackson, Tennessee.​ The five-acre property includes four eight-unit apartment buildings and eight two-bedroom cottages, with a combined 31,304 square feet.​ Owners fully renovated the apartment units in 2022 including interior renovations, new roofs, 32 new HVACs, new windows and more. Its mix of one-bedroom apartments, two-bedroom apartments, and two bedroom cottages offers several housing options within one community.​ Minimal headache with easy operational upside in a growing market.​ Buyers and buyer agents to verify all pertinent information.

31,304
Sq feet
1972
Built

Location

Street address
809 Old Hickory Blvd
Zip code
38305
Elevation
432 feet
Coordinates
35.6559, -88.8588

Directions

Headed east on Old Hickory Boulevard in Jackson, property is on your left.

Property details

Acreage
5 acres
Zoning
RG2
MLS #
REALTRACS 3602699
Posted

Property taxes

Recent
$24,569

Parcels

  • 055 06501 000

Details and features

Listing

Type
Residential Income
Unit Count
40
Inclusions
Appliances
Possession
Close of Escrow

Income

Gross Income
$387, 307
Total Rent
$3, 700
Operating Expense
$137, 499
Net Operating Income
$249, 808

Structure

Type
Multi Family
Stories
2
Water
Public
Sewer
Public Sewer
Heating
Central
Cooling
Central Air
Materials
Brick, Hardboard Siding, Vinyl Siding

Interior

Flooring
Vinyl
Laundry
Electric Dryer Hookup, Individual, Washer Hookup

Property utilities

CategoryTypeStatus
SewageSewerConnected
WaterPublicAvailable

Nearby schools

NameType
Arlington Elementary SchoolElementary
Jackson Central Merry Middle SchoolMiddle
Jackson Central Merry High SchoolHigh

Listing history

DateEventPriceChangeSource
Sept 30, 2026New listing$3,699,000—REALTRACS
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This 5-acre property is located at 809 Old Hickory Blvd in Jackson, TN 38305. The property is available for sale, priced at $3,699,000. It has a 31,304 square foot structure built in 1972.

Checked 2 hours agoUpdated

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Realtracs

Based on information submitted to the MLS GRID as of Oct 5, 2026 7:00 am MT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. View more

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