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30 Carolane Dr, Jackson, TN, 38305

8beds
4baths
1,796sqft
$199,900
$111price/sqft
$1,433/moest. monthly cost
$57,320/yrincome needed

About This Home

🏡 Turnkey Duplex Investment Opportunity in Jackson, TN! 💰 Don’t miss this excellent income-producing property featuring two spacious 2-bedroom, 1-bath units with a combined monthly rental income of $1,950/month. Whether you’re looking to expand your rental portfolio or jump into real estate investing, this property offers immediate cash flow with strong rental demand. Each unit offers functional layouts, comfortable living spaces, and reliable tenant appeal. Conveniently located near shopping, restaurants, schools, and major roadways, this duplex is positioned in a desirable rental area with long-term upside potential. ### Key Features: * Duplex with **2 units** * Each unit is **2 bedrooms / 1 bathroom** * $1,950 total monthly rental income * Strong investment opportunity * Ideal for investors seeking cash flow * Convenient Jackson location * Low-maintenance rental setup Whether you’re a seasoned investor or purchasing your first income property, this is a fantastic opportunity to own a performing asset with immediate returns. Schedule your showing today!

Getting Around

9
WalkingCar-Dependent
0
TransitVery Limited Transit
30
BikeSomewhat Bikeable

Schools

Construction

Condition

  • Year built: 1973

Materials

  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Flooring: Carpet,Laminate
  • Finished area above ground: 1,796

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,796
  • Total interior livable area: 1,796 sqft

Property

Details

  • Parcel number: 066J A 00903 000
  • Attached to another structure: Yes
  • Zoning: COM
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1

Lot

  • Lot size: 7,541 sqft
  • Lot size dimensions: 80 x 94.27

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Earthquake
    EarthquakeVery High
  • Tornado
    TornadoVery High
  • Ice Storm
    Ice StormRelatively High
  • Lightning
    LightningRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Earthquake
Tornado
Ice Storm
Lightning
Strong Wind
Heat Wave
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,010$12,120
Home Insurance $149$1,788
Property Taxes $99$1,188
Electricity $175$2,103
Total$1,433$17,196

Income You'd Need if You Spent...

35% on housing$49,131/yr
40% on housing$42,990/yr
45% on housing$38,213/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -1.0%
-1.0%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$111This listing

vs Other Active Listings

Avg $/sqft

ZIP 38305$160
Madison County$138

vs Homes Sold Last Month

Median $/sqft

ZIP 38305$151
Madison County$146

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-02Price change$199,900
2026-05-28Price change$204,900
2026-05-21Listed for sale$214,900
2026-05-19Listing removed$1,000
2026-03-09Listed for rent$1,000
2025-11-30Listing removed$194,900
2025-11-24Contingent$194,900
2025-11-11Listed for sale$194,900
2025-11-01Contingent$194,900
2025-10-24Listed for sale$194,900
2025-10-18Listing removed$199,900
2025-08-06Listed for sale$199,900
2025-03-21Listing removed$1,000
2025-02-21Listed for rent$1,000
2024-02-01Listing removed--
2024-01-17Listed for rent$950
2022-05-24Sold$157,000
2021-04-14Sold$67,000
1996-02-01Sold$46,250

For Sale by Agent

AgentBryan Jones
BrokerageDyad Real Estate and Property Management

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