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Residential Land for Sale in Cedar Grove, Tennessee

Charles Ln, Cedar Grove, TN 38321

$125,000
3.18 acres
Active
$10k drop
Est $640/mo

Income-Producing Property on 3.18 Acres! This unique opportunity features a site-built 3-bedroom, 1-bath home plus five 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, providing a clean slate for your next investment strategy. 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! One mobile home is a 3/2 and the other 4 are 2/1's- Home is a 3/1 site built

Sq feet
1986
Built

Location

Street address
Charles Ln
Elevation
512 feet
Coordinates
35.8684, -88.5941

Directions

From Town and Country Realtors, Jackson,TN- take I 40 East. Exit 70 E. Take a left onto Hwy 220. Right onto Terry Rd, Right onto Fesmire Rd, Left onto Charles Lane.

Property details

Acreage
3.18 acres
MLS #
CWTAR 2505119
Posted

Property taxes

Recent
$326

Parcels

  • 146 038.17

Details and features

Listing

Type
Residential Multi Family
Unit Count
3

Exterior

Parking Spaces
18
Parking
Garage, Open
Structures
Mobile Home

Structure

Stories
1
Water
Well
Sewer
Septic Tank
Cooling
Multi Units, Window Unit(s)
Roof
Metal

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Nov 11, 2025Price drop$125,000$10,000 -7.4%CWTAR
Oct 24, 2025New listing$135,000CWTAR
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This 3.18-acre property is located at Charles Ln in Cedar Grove, TN 38321. The property is available for sale for $125,000. It has a structure built in 1986.

Checked 7 hours ago — Updated

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