203 S Fairgrounds St

Jackson, TN 38301

$2,250,000
Price
12
Beds
8
Baths
2,000 Sq. Ft.
$1,125 / Sq. Ft.
2,000
Sq. Ft.
$1,125
per Sq. Ft.
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Description

MRG is pleased to present this single family portfolio in Jackson, Tennessee. MRG is pleased to present this single family portfolio in Jackson, Tennessee - 16 BUILDINGS, 21 units! Jackson, TN is a growing regional economic hub strategically positioned between Memphis and Nashville along I-40. Strong employment drivers, affordable housing fundamentals, and ongoing industrial expansion continue to support consistent rental demand and rent growth. The market provides investors an attractive opportunity...MRG is pleased to present this single family portfolio in Jackson, Tennessee. MRG is pleased to present this single family portfolio in Jackson, Tennessee - 16 BUILDINGS, 21 units! Jackson, TN is a growing regional economic hub strategically positioned between Memphis and Nashville along I-40. Strong employment drivers, affordable housing fundamentals, and ongoing industrial expansion continue to support consistent rental demand and rent growth. The market provides investors an attractive opportunity for scalable cash flow in a stable, workforce-housing environment. Here are the additional addresses:

602 Burkett St
42 Carlos Dr
215-217 Campbell St
27 Brownstone Cv
124 Bennett St
106 Alexander St
848 Lane Ave
233 S. Lindsey St
226 Peabody St
230 Peabody St
234 Peabody St
200 Jackson St
203 Fairgrounds St
78 Redleaf Pl
1526 N Royal St
113 Melrose St


call agent Drew Lekowski for details 615-522-3973

Property Details for 203 South Fairgrounds Street

Subdivision Name
n/a
Waterfront
No
LISTING UPDATED: 04/11/2026 05:09 PM

Property Details for 203 South Fairgrounds Street

StatusActive
MLS #3147075
Days on Market48
Taxes$470 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1940
Lot Size-
CountyMadison County
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Location

Listing Courtesy of MRG Realty Partners
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Building Information for 203 South Fairgrounds Street

Stories1Residences21Year Built1940Building Size-Lot Size-

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$11,369 per month

30 year fixed, 6.46% Interest

Principal and Interest

$11,330

Property Taxes

$39

HOA Dues

$0

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Property Information for 203 South Fairgrounds Street

Summary
Location and General Information
  • Directions: đźš— Route Start in Downtown Jackson near Main St / Highland Ave. Head south on S Highland Ave (US-45). Turn right onto W Deaderick St. Continue about 0.4 miles. Turn left onto S Fairgrounds St. Continue about 0.2 miles. 203 S Fairgrounds St will be
  • Elementary School: Alexander Elementary School
  • High School: Liberty Technology Magnet High School
  • Levels: One
  • Living Area Source: Other
  • Living Area Units: Square Feet
  • Middle Or Junior School: Jackson Central Merry Middle School
  • Mlg Can View: Yes
  • Zoning: SP
Parking
  • Garage Spaces: 1.00
  • Parking Features: Attached
  • Parking Total: 1.00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Other
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Other
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Other
  • Building Area Units: Square Feet
  • Flooring: Wood
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 077M D 01200 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Wood Siding
  • Documents Count: 0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 1
  • Year Built Details: Approximate
Utilities
  • Cooling: Attic Fan
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Private Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Attached Garage: Yes
  • Covered Spaces: 1.00
  • Exterior Features: No Dock
  • Garage: Yes
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 21
Unit 1
  • Unit Type Actual Rent: $1,100.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 4
  • Unit Type Type: 4 Bedroom Or More
Unit 2
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 3
  • Unit Type Actual Rent: $950.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 3
  • Unit Type Type: 3 Bedroom
Unit 4
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 2
  • Unit Type Beds Total: 2
  • Unit Type Type: 2 Bedroom
Rental Information
Rental Information
  • Rent Includes: None
  • Tenant Pays: Electricity, Water
  • Total Actual Rent: $3,750

Property History for 203 South Fairgrounds Street

DateEvent & SourcePriceAppreciation
Apr 11, 2026

Price Change

REALTRACS #3147075

$2,250,000—
Mar 30, 2026

Price Change

REALTRACS #3147075

$2,600,000—
Mar 10, 2026

Price Change

REALTRACS #3147075

$2,900,000—
DateEvent & SourcePrice
04/11/2026

Price Change

REALTRACS #3147075

$2,250,000
03/30/2026

Price Change

REALTRACS #3147075

$2,600,000
03/10/2026

Price Change

REALTRACS #3147075

$2,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 203 South Fairgrounds Street

Taxable ValueLand$1,725Additions$11,775Total$13,500
Home Facts
Beds0Total Finished SqFt1,226 SqFtAbove Grade Finished SqFt1,226 SqFtStories1Lot Size7,500 SqFtStyleSingle Family ResidenceYear Built1940CountyMADISONAPN077M D 01200Fireplace TypeHas Fireplace

Schools near 203 South Fairgrounds Street

This home is within Madison County School District.
Rating
School
Type
Grades
Distance
Arlington Elementary School
Public - PK to 5
North Parkway Middle School
Public - 6 to 8
South Side High School
Public - 9 to 12
Parkview Montessori Magnet School
Public - PK to 8
Rating
School
Distance
Arlington Elementary School
PublicPK to 5

North Parkway Middle School
Public6 to 8

South Side High School
Public9 to 12

Parkview Montessori Magnet School
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 203 South Fairgrounds Street, Jackson, TN 38301

203 South Fairgrounds Street is a multi-family home for sale in Jackson, TN 38301. This property was listed for sale on March 10, 2026 by MRG Realty Partners, it's currently listed at $2,250,000. It has been on the market for a total of 48 days and was last sold on October 17, 2008. This listing's school district is Madison County School District. Nearby schools include Arlington Elementary School, North Parkway Middle School and South Side High School. 203 South Fairgrounds Street is a 12-bed, 8-bath, 2,000 sqft multi-family home built in 1940.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of MRG Realty Partners

Based on information submitted to the MLS GRID as of 04/11/2026 05:09 PM. 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. Properties displayed may be listed or sold by various participants in the MLS. IDX information 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 data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.