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.
For sale
$425,000
825 Verles Rd, Medon, TN 38356
--beds
0baths
5,000sqft
Mobile Home Park
Built in 1990
-- sqft lot
$-- Zestimate®
$85/sqft
$-- HOA
What's special
Comfortable living
- 210 days |
- 167 |
- 11 |
Zillow last checked:
Listing updated:
Listed by:
Jennifer Keats,
RE/MAX Realty Source 731-668-7500
Source: CWTAR,MLS#: 2505371
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
$1,105/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 | $2,970 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 38356
Nearby schools
GreatSchools rating
- 6/10Toone Elementary SchoolGrades: PK-8Distance: 4.2 mi
- 4/10Central High SchoolGrades: 9-12Distance: 11.2 mi
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.
A local agent can set up tours, give advice and negotiate with sellers.
- Tennessee
- Hardeman County
- Medon
- 38356
- 825 Verles Rd
Nearby cities
Nearby zip codes
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