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541 S Royal St

Jackson, TN 38301

– beds
– baths
4,789 sqft
$75 per sqft
1920 build
– on site

541 South Royal Street, a prime property for the first-time or savvy Multifamily investor looking to expand their portfolio. This 4,789 SF building, encompassing 4 units, offers historic southern charm having been built in 1920, while boasting modern updates from a recent 2024 renovation to primarily the interiors. Located in the growing Jackson market, this property is currently at 50% occupancy, presenting an opportunity for an investor to set higher market rents with their own tenants. This Quadplex boasts an excellent unit mix of two (2) - 2 Bedroom / 1 Bath & two (2) - 3 Bedroom / 1 Bath units with Washer / Dryer hook-ups. Each unit is metered for electric and gas which contains their own individual water heater. Each unit is equipped with its own stove range, oven, and refrigerator. With its attractive blend of character and newer amenities, this property stands ready to captivate discerning investors seeking an enticing well priced multifamily opportunity.

Listing courtesy of REALTRACS / PCG Commercial, Inc

Last checked: Checking… • Last updated Mar 28, 2024 •

MLS# 2635800 —

The Building

Year Built:

1920
Year Built Effective:

1920
Year Built Details:

RENOV
New Construction:

false
Construction Materials:

Brick, Wood Siding
Roof:

Shingle
Stories:

2
Levels:

One
Structure Type:

Quadruplex
# of Units Total:

4
Building Area Units:

Square Feet
Building Area Total:

4789
Building Area Source:

Assessor
Above Grade Finished Area:

4789
Above Grade Finished Area Units:

Square Feet
Above Grade Finished Area Source:

Assessor
Below Grade Finished Area Source:

Assessor
Below Grade Finished Area Units:

Square Feet

Interior

Flooring:

Carpet, Laminate
Fireplace:

false
Laundry Features:

Individual, Gas Dryer Hookup, Washer Hookup

Room Dimensions

Living Area:

4789
Living Area Units:

Square Feet
Living Area Source:

Assessor

Location

Directions:

Drive onto Royal from Hwy 70, property is on the right handside
Latitude:

35.60756728
Longitude:

-88.81407246

The Property

Parcel Number:

087A L 02700 000
Property Type:

Residential Income
Lot Size Dimensions:

45 X 150 M
Lot Size Units:

Acres
Zoning:

Apartments
View:

false
Property Attached:

true

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

1945

The Listing

Map Coordinate:

35.6075672800000000 -88.8140724600000000
Special Listing Conditions:

Standard

Heating & Cooling

Heating:

Central
Heating:

true
Cooling:

Central Air
Cooling:

true

Utilities

Utilities:

Water Available
Sewer:

Public Sewer
Water Source:

Public

Schools

Elementary School:

Isaac Lane Technology Magnet Elementary
Middle Or Junior School:

Jackson Career Technology Magnet Elementary
High School:

South Side High School

The Community

Subdivision Name:

Jackson Southeast District
Waterfront:

false
Pool Private:

false
Association:

false

Parking

Parking Total:

8
Parking Features:

Asphalt
Garage:

false
Attached Garage:

false
Carport:

false
Open Parking Spaces:

8

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
3/27/24 Mar 27, 2024	Listed / Active	REALTRACS	$360,000

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This multifamily located in Downtown Jackson, Jackson, TN 38301 is currently for sale for $360,000. 541 S Royal St is a 4,789 square foot multifamily with – beds and – baths that has been on Estately for 32 days. 541 S Royal St is in the Downtown Jackson neighborhood of Jackson and has a WalkScore® of 50, making it somewhat walkable. This multifamily is in the attendance area of Jackson Careers Technology Magnet Elementary School, South Side High School, and Rose Hill Middle School.

Listing Courtesy of: REALTRACS and PCG Commercial, Inc.

The data relating to this real estate for sale on this websites comes in part courtesy of the IDX program of the REALTRACS MLS. Real estate listings held by brokerage firms other than Estately are marked with the REALTRACS IDX Logo. REALTRACS and Estately deem all information reliable but not guaranteed, and should be independently verified. REALTRACS and Estately assume no responsibility for typographical errors, misprints or misinformation.

REALTRACS, Estately and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.