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907 N Highland Ave

11 Unit Apartment Building $329,900 ($29,991/Unit) Jackson, TN 38301

Executive Summary

Calling all Investors! Historic Highland Courts Apartments, the building dates back to 1923. Located blocks from Downtown Jackson, this property perfectly blends historic charm and urban convenience. You’ll find yourself close to Jackson Walk, LIFT Wellness Center, shops, Grubb's Grocery, the amphitheater, a dog park, a farmer's market, and more. Nestled between Jackson Central Merry Middle/High School and Madison Academic, on the University of Memphis - Lambuth Campus, the location couldn’t be more ideal. The interior has been demoed and framed while being ready for your renovation touch.

Property Facts

Price $329,900
Price Per Unit $29,991
Sale Type Investment
Sale Conditions Building in Shell Condition
No. Units 11
Property Type Multifamily
Property Subtype Apartment
Lot Size 0.28 AC
Building Size 6,800 SF
Average Occupancy 100%
No. Stories 2
Year Built 1923
Parking Ratio 1.62/1,000 SF
Opportunity Zone Yes

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 11 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
078A-N-014.00
Land Assessment
$5,080
Improvements Assessment
$83,920
Total Assessment
$89,000

zoning

Zoning Code RG-2 (RG-2 with Historic Overlay)
RG-2 (RG-2 with Historic Overlay)
  • Listing ID: 33604977

  • Date on Market: 10/22/2024

  • Last Updated:

  • Address: 907 N Highland Ave, Jackson, TN 38301

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