For sale

Price cut: $25K (2/2)

$425,000

825 Verles Rd, Medon, TN 38356

--beds

0baths

5,000sqft

Est.:

Mobile Home Park

Built in 1990

-- sqft lot

$-- Zestimate^®

$85/sqft

$-- HOA

What's special

Comfortable living

Investor's dream property in Medon, TN! This 21.04-acre income-producing property features five updated mobile homes generating up to $4,000 per month in rental income. Four of the homes are currently leased, and one is move-in ready for a new tenant or owner occupancy. Each home has been recently refreshed, offering comfortable living and low maintenance for years to come. The land itself is beautiful and versatile, offering plenty of space for expansion, development, or simply enjoying peaceful Tennessee countryside living. Conveniently located in a desirable area with easy access to Jackson and Henderson, this property offers both immediate cash flow and long-term growth potential. Whether you're expanding your investment portfolio or seeking a property with multiple income streams, this Medon opportunity is a rare find.

149 days

222

9

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Electric

Cooling

Ceiling Fan(s), Central Air, Window Unit(s)

Appliances

Included: Electric Range, Electric Water Heater
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Laminate Counters, Tub Shower Combo
Flooring: Carpet, Laminate, Vinyl
Has basement: No

Interior area

Total interior livable area: 5,000 sqft

Property

Parking

Total spaces: 10
Parking features: Gravel, Open
Uncovered spaces: 10

Features

Levels: One
Patio & porch: Front Porch, Rear Porch
Exterior features: Dog Run
Fencing: Back Yard

Lot

Size: 21.04 Acres
Dimensions: 1318 x 940 x 376 x 158 x 61 x 214 x 182 x 228 x 389 x 728
Features: Sloped, Wooded

Details

Parcel number: 019 021.01
Zoning description: Commercial / Agricultural
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Mobile Home Park

Materials

Metal Siding
Roof: Metal

Condition

Year built: 1990

Utilities & green energy

Sewer: Septic Tank
Water: Shared Well
Utilities for property: Electricity Connected, Water Connected

Community & HOA

Community

Security: External Storm Shelter
Subdivision: None

HOA

Has HOA: No

Location

Region: Medon

Financial & listing details

Price per square foot: $85/sqft
Tax assessed value: $10,100
Annual tax amount: $529
Date on market: 11/10/2025
Listing terms: Cash,Conventional
Total actual rent: 3250
Tenant pays: All Utilities
Road surface type: Chip And Seal

Estimated market value

Not available

Estimated sales range

Not available

$1,052/mo

Price history

Date	Event	Price
2/2/2026	Price change	$425,000-5.6%$85/sqft
Source: CWTAR #2505371 Report a problem
11/10/2025	Listed for sale	$450,000$90/sqft
Source: CWTAR #2505371 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$73 +0%	$4,040
2024	$73 0%	$4,040
2023	$73 -3.1%	$4,040 +36.5%
2022	$75	$2,960
2021	$75	$2,960
2020	$75	$2,960
2019	$75 -22.1%	$2,960 -22.1%
2018	$97 +42.5%	$3,800 +42.1%
2017	$68 -60.2%	$2,675 +8.1%
2016	$171 +171%	$2,475
2015	$63	$2,475
2014	$63	$2,475
2013	--	$2,475
2012	$86	$2,475 -27.7%
2011	$86 +30.7%	$3,425 +18.1%
2010	$66	$2,899
2009	$66	$2,899
2008	$66	$2,899
2007	$66 -14.7%	$2,899
2006	$77 -2.4%	$2,899 -2.4%
2005	$79 +5.6%	$2,970
2004	$75	$2,970