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For sale
    • Price cut: $25.1K (7/2)
    $399,900

    825 Verles Rd, Medon, TN 38356

    --beds
    0baths
    5,000sqft
    : 
    $2,392/mo
    Get pre-qualified
    Mobile Home Park
    Built in 1990
    -- sqft lot
    $-- Zestimate®
    $80/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.
    257 days
    |
    156
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Jennifer Keats,

    RE/MAX Realty Source 731-668-7500

    Source: CWTAR,MLS#: 2505371MLS Logo

      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: $80/sqft
      • Tax assessed value: $10,100
      • Annual tax amount: $529
      • Date on market: 11/10/2025
      • Total actual rent: 3250
      • Tenant pays: All Utilities
      • Road surface type: Chip And Seal

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,091/mo

        Price history

        DateEventPrice
        7/2/2026Price change$399,900-5.9%$80/sqft
        Source: CWTAR #2505371 Report a problem
        2/2/2026Price change$425,000-5.6%$85/sqft
        Source: CWTAR #2505371 Report a problem
        11/10/2025Listed for sale$450,000$90/sqft
        Source: CWTAR #2505371 Report a problem

        Public tax history

        YearProperty taxesTax 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
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 38356

        Getting around

        0 / 100
        Car-Dependent
        8 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Hardeman County Schools

        Source: CWTAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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