1139-1141 Hollywood Drive, Jackson, TN 38301
Active $199,900
No Baths
-- Beds
2,600 SqFt
0 Acres
- Excellent Duplex Investment Opportunity with Immediate Income & Upside Potential! Welcome to this well-maintained duplex offering two spacious 2-bedroom, 1-bath units, each with approximately 1,300 sq ft of living space. This property is an excellent opportunity for investors looking to get started or expand their portfolio, combining current cash flow, recent renovations, and future rent potential. One unit (1139) is currently rented for $1,000 per month, with the lease in place through the end of August, providing immediate and stable income. The second unit (1141) is vacant and being freshly updated, allowing for easy showings and offering the opportunity to lease at an estimated $1,100-$1,200 per month once improvements are complete. Both units underwent major renovations between late 2022 and early 2023, including an architectural shingle roof, updated siding, vinyl windows, updated plumbing, updated electrical, and energy-efficient mini-split systems. Additional shared features include a fully fenced backyard with both chain-link and wood fencing, approximately eight off-street parking spaces, and a layout that offers strong functionality for long-term tenants. Each unit also features an enclosed patio, adding valuable bonus space that tenants will appreciate. Unit 1139 Highlights: Stainless steel appliances: refrigerator, stove, dishwasher, and vent hood, Gas water heater (approximately one year old). Unit 1141 Highlights: Fresh interior paint, New carpet in the living room and bedrooms, Gas water heater (2019), Appliances included: refrigerator, stove, dishwasher, and vent hood. With one unit producing income and the other vacant and ready for a new tenant, this duplex offers flexibility, visibility, and upside. Whether you're seeking a turnkey rental or a low-maintenance investment property, opportunities like this are ideal for investors wanting to step into ownership with confidence.
- Year Built: 1955
- Air: Multi Units
- Heat: Electric
- Water: Public
- Sewer: Public Sewer
MLS#: 2600203
I'd love to show you this property. — Susan
Susan Bradberry, REALTOR®, GRI
Principal Broker, PARIS
731-415-3321
I am always looking for ways in which we can better serve our clients, whether they are selling or buying. Selling or buying a property is a really big deal for people and I would never want us to los...
Hi, I'm Susan.
I'd love to walk you through this property. Let me know when works for you — I'll make it easy.