825 Verles Rd, Medon, TN, 38356
About This Home
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.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1990
Materials
- Roof: Metal
- Construction materials: Metal Siding
Type & Style
- Home type: MultiFamily
- Property subType: Mobile Home Park
Interior
Appliances
- Appliances included: Electric Range,Electric Water Heater
- Laundry features: Electric Dryer Hookup,Washer Hookup
Features
- Laminate Counters,Tub Shower Combo
- Flooring: Carpet,Laminate,Vinyl
Heating & Cooling
- Heating features: Electric
- Cooling features: Ceiling Fan(s),Central Air,Window Unit(s)
Interior Area
- Total interior livable area: 5,000 sqft
Property
Details
- Parcel number: 019 021.01
- Zoning description: Commercial / Agricultural
- Special condition: Standard
Features
- Levels: One
- Patio & porch: Front Porch,Rear Porch
- Exterior features: Dog Run
- Fencing: Back Yard
Lot
- Lot size: 21.04 Acres
- Features: Sloped,Wooded
- Lot size dimensions: 1318 x 940 x 376 x 158 x 61 x 214 x 182 x 228 x 389 x 728
Parking
- Total spaces: 10
- Parking features: Gravel,Open
- Has uncovered spaces: Yes
- Uncovered spaces: 10
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
- Tornado
- Cold Wave
- Earthquake
- Lightning
- Strong Wind
- Heat Wave
- Landslide
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
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
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,022 | $24,264 |
| Home Insurance | $157 | $1,884 |
| Property Taxes | $593 | $7,116 |
| Electricity | $406 | $4,875 |
| Total | $3,178 | $38,136 |
Income You'd Need if You Spent...
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.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-02 | Price change | $399,900 |
| 2026-02-02 | Price change | $425,000 |
| 2025-11-10 | Listed for sale | $450,000 |
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