206 Edison St W, Fayetteville, TN 37334

Fayetteville
Local realty services provided by:Better Homes and Gardens Real Estate Heritage Group
206 Edison St W,Fayetteville, TN 37334
$450,000
  • - Beds
  • - Baths
  • 6,000 sq. ft.
  • Multi-family
  • Active
Listed by: drew lekowski
Office: mrg realty partners
MLS#:3255670
Source:NASHVILLE

Price summary

  • Price:$450,000
  • Price per sq. ft.:$75

About this home

MRG is pleased to present this multifamily apartment complex in Fayetteville, Tennessee. This 7-unit apartment building offers investors the opportunity to acquire a cash-flowing multifamily asset with significant value-add potential in Fayetteville. The property is currently generating stable rental income while providing a clear path to increased revenue through continued unit renovations and strategic rent growth Investment highlights 10% mark to market play with unit renovations completed Room to increase income by up to 40% with RUBs and laundry income Value-add opportunity with continued unit renovations and future rent growth potential. Three units recently renovated, improving property appeal and increasing rental upside. Strong workforce housing demand near Huntsville's growing employment base, supporting stable occupancy and long-term investment potential.

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Home facts

  • Year built:1930
  • Subdivision & Development:None
  • Listing ID #:3255670
  • Added:45 day(s) ago
  • Updated:August 16, 2026 at 02:39 PM

Rooms and interior

  • Flooring:Laminate
  • Living area:6,000 sq. ft.

Heating and cooling

  • Cooling:Wall/Window Unit(s)
  • Heating:Central

Structure and exterior

  • Year built:1930
  • Building area:6,000 sq. ft.
  • Construction Materials:Brick
  • Levels:2 Story

Schools

  • High school:Fayetteville High School
  • Middle school:Blanche School
  • Elementary school:Blanche School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$75
  • Tax amount:$1,932
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