206 Edison St W, Fayetteville, TN 37334
Local realty services provided by:ERA Chappell & Associates Realty & Rental
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
- Listing ID #:3255670
- Added:2 day(s) ago
- Updated:July 04, 2026 at 02:46 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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