406 Hedgemont Ave, Fayetteville, TN 37334
Local realty services provided by:Reliant Realty ERA Powered
406 Hedgemont Ave,Fayetteville, TN 37334
$584,900
- - Beds
- 6 Baths
- 3,300 sq. ft.
- Multi-family
- Active
Listed by: kevin rose
Office: elam real estate
MLS#:3243400
Source:NASHVILLE
Price summary
- Price:$584,900
- Price per sq. ft.:$177.24
About this home
Investment opportunity meets modern living in the heart of Fayetteville! Built in 2023, this exceptional triplex offers the perfect blend of immediate cash flow and owner-occupant flexibility. Whether you're looking to expand your real estate portfolio or take advantage of a house-hacking opportunity, this property delivers. One unit is vacant and move-in ready, allowing you to live on-site while generating rental income from the two occupied units - or lease the third unit and maximize your returns from day one. Each of the three units features approximately 1,100 square feet of thoughtfully designed living space with 3 bedrooms and 2 bathrooms. All appliances remain, including the stove, microwave, refrigerator, and washer/dryer combo, making this a truly turnkey investment. Situated on a 0.24-acre lot, each unit enjoys access to green space in the backyard, providing tenants and owners alike with room to relax and enjoy the outdoors. Convenience is key, with two dedicated driveway parking spaces per unit and a prime location within walking distance of downtown Fayetteville, schools, parks, shopping, dining, and everyday amenities. Only 45 minutes to Huntsville, Tullahoma, NASA Marshall Space Flight Center and Arnold AFB. Opportunities to own a newer construction multi-family property with established rental income and owner-occupant potential are incredibly rare. Don't miss your chance to own this modern, income-producing triplex in one of Fayetteville's most desirable locations! **Special Financing** 3.5% FHA or 5% Conventional Down payment minimum requirements are available while having tenant occupied units contribute toward your DTI as Qualifying Income. Have tenants pay your mortgage while building equity, and still have a private 3 bed 2 bath home. DSCR and Other Investment Loans are also available. See listing agent for details!...
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Home facts
- Year built:2023
- Listing ID #:3243400
- Added:3 day(s) ago
- Updated:June 19, 2026 at 02:28 PM
Rooms and interior
- Total bathrooms:6
- Flooring:Vinyl
- Living area:3,300 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Central Air, Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Roof:Shingle
- Year built:2023
- Building area:3,300 sq. ft.
- Lot area:0.24 Acres
- Construction Materials:Vinyl Siding
- Levels:2 Story
Schools
- High school:Fayetteville High School
- Middle school:Fayetteville Middle School
- Elementary school:Ralph Askins School
Utilities
- Water:Public, Water Available
- Sewer:Public Sewer
Finances and disclosures
- Price:$584,900
- Price per sq. ft.:$177.24
- Tax amount:$3,250
Features and amenities
- Amenities:Smoke Detector(s)
Parking
- Parking description:Concrete, Driveway
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