Madison County · Jackson
Sell Your Commercial Property In Jackson, TN
Own a commercial apartment building of five or more units in Jackson? We purchase multifamily properties around Downtown Jackson, North Jackson, and the rest of Madison County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Areas We Target: Downtown Jackson · North Jackson · Medina · Humboldt — Madison County, TN
The Jackson Market
What Drives Rentals In Jackson
Jackson is home to 68,435 residents in ACS 2020-2024 data, most of Madison County's 99,295 people. Renters occupy 48.8% of occupied homes in Jackson, against 33.1% statewide. Median gross rent in Jackson is $1,145 a month, and median household income is $53,032. Jackson's 2025 combined property tax rate is $3.485 per $100 of assessed value. For owners who want to sell commercial property in Jackson, TN, this page covers renter demand, HUD rents, Madison County taxes and state landlord rules.
Regional hospital system
West Tennessee Healthcare employs more than 7,000 people; its flagship Jackson-Madison County General Hospital in Jackson has 642 beds (UTHSC).Two Jackson colleges
Union University reports 2,718 undergraduate and graduate students, and Lane College enrolled 738 students in fall 2024 (NCES).Manufacturing employment base
Manufacturing employs 16.5% of working Jackson residents, or 5,038 people, versus 12.5% statewide (ACS 2020-2024, table DP03).Our Buy Box
What We Buy In Jackson
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Jackson Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Jackson
Renters occupy 48.8% of occupied homes in Jackson, or 13,434 households, in ACS 2020-2024 tenure data. Madison County's renter share is 38.0%, and Tennessee's is 33.1%. Buildings with five or more units hold 18.4% of Jackson homes, per Census table B25024. Homes built before 1980 make up 43.2% of Jackson's stock, with a median year built of 1985, per table B25034.
Rents and affordability in Jackson
Median gross rent in Jackson is $1,145 a month in ACS 2020-2024, below Tennessee's $1,189. Rent takes 30% or more of income for 51.4% of Jackson renters, per table B25070. Buyers study that burden closely when owners sell commercial real estate in Jackson, TN.
| Unit size | HUD FY2027 FMR, Jackson, TN HUD Metro FMR Area |
|---|---|
| Efficiency | $957 |
| One-bedroom | $1,051 |
| Two-bedroom | $1,375 |
| Three-bedroom | $1,730 |
| Four-bedroom | $1,898 |
Figures come from HUD fair market rents, effective October 1, 2026.
Property taxes in Madison County
Jackson's 2025 combined property tax rate is $3.485 per $100 of assessed value, per the Tennessee Comptroller 2025 rate table. That total is Madison County's $1.8736 plus the City of Jackson's $1.6114. Tennessee assesses dwellings with two or more rental units at 40% of appraised value, per the Comptroller assessment glossary.
A $2,000,000 Jackson apartment building is assessed at $800,000 and owes $27,880 a year. Madison County's share is $14,988.80, and Jackson's share is $12,891.20. Before you sell commercial property in Jackson, TN, note that a $2,000,000 sale carries $7,400 in realty transfer tax at $0.37 per $100.
Landlord rules in Jackson
Four Tennessee statutes shape operations for anyone selling commercial property in Jackson.
- Rent control: Tennessee Code 66-35-102 bars local governments from controlling rent on private residential or commercial property.
- Coverage: Madison County had 98,294 residents in the 2010 census, above the 75,000 threshold in 66-28-102, so the landlord and tenant act applies.
- Unpaid rent: under 66-28-505, a notice gives the tenant 14 days after receipt to cure before the lease ends.
- Deposits: 66-28-301 sets no cap but requires a separate deposit account at a regulated bank or lending institution.
What it means for a Jackson owner
Jackson pairs a 48.8% renter share with a 642-bed flagship hospital and two colleges. Buyers price that demand, along with a $27,880 tax bill on a $2,000,000 building, when you sell commercial property in Jackson, TN.
Test your numbers with the cap rate calculator. To sell your apartment building in Jackson directly, see how Skyline Capital Investments buys buildings with five or more units.
Before You Sell
Jackson Seller Checklist
More about selling in Tennessee →Investing in Jackson? See apartment syndications in Jackson →
- Jackson's 18.4% share of homes in 5+ unit buildings exceeds Madison County's 13.0% and Tennessee's 14.1%.
- Before you sell commercial real estate in Jackson, TN, note 51.4% of renters spend 30%+ on rent.
- Jackson posts a 5.4% rental vacancy rate in ACS 2020-2024 data, from Census table DP04.
Seller Guides
Your Situation, Handled — Jackson
Learn More
Taxes & Rules For Jackson Property
The Tennessee rules that shape any deal in Jackson: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Jackson Seller FAQ
How much tax is due when I sell commercial property in Jackson, TN?
Tennessee charges a realty transfer tax of $0.37 per $100 of purchase price, or $7,400 on a $2,000,000 sale. Annual property tax in Jackson uses the 2025 combined Madison County and city rate of $3.485 per $100 of assessed value.
Is renter demand deep enough to sell commercial real estate in Jackson, TN?
Renters occupy 48.8% of Jackson homes in ACS 2020-2024, compared with 38.0% across Madison County. Jackson's median gross rent is $1,145, and HUD's FY2027 two-bedroom fair market rent for the Jackson, TN HUD Metro FMR Area is $1,375.
What is the yearly property tax on a $2 million Jackson apartment building?
Tennessee classifies dwellings with two or more rental units as commercial property assessed at 40% of appraised value. A $2,000,000 Jackson building is assessed at $800,000. At the 2025 combined rate of $3.485 per $100, the bill is $27,880 a year.
Can Jackson put a cap on the rent I charge?
No. Tennessee Code 66-35-102 bars local governments from controlling rent on private residential or commercial property. Madison County had 98,294 residents in the 2010 census, so the state landlord and tenant act applies, with 14 days to cure unpaid rent.
Who buys apartment buildings in Jackson, Tennessee?
Skyline Capital Investments buys apartment buildings with five or more units, a direct route for owners who want to sell multifamily property in Jackson. ACS 2020-2024 counts 5,593 Jackson homes in such buildings, or 18.4% of the housing stock.
Will you buy a Jackson property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Do you work with Jackson brokers and agents?
We do. Agents can bring us listed or pocket-listing deals in Jackson, and we keep every conversation confidential.
Is it possible to sell rental property in Jackson without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
What do I need to sell my apartment building in Jackson?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
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Selling A Building In Jackson?
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