$584,900 - 406 Hedgemont Ave, Fayetteville
- 9
- Bedrooms
- 6
- Baths
- 3,300
- SQ. Feet
- 0.24
- Acres
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!
Essential Information
-
- MLS® #:
- 3243401
-
- Price:
- $584,900
-
- Bedrooms:
- 9
-
- Bathrooms:
- 6.00
-
- Full Baths:
- 6
-
- Square Footage:
- 3,300
-
- Acres:
- 0.24
-
- Year Built:
- 2023
-
- Type:
- Residential
-
- Sub-Type:
- Single Family Residence
-
- Style:
- Traditional
-
- Status:
- Active
Community Information
-
- Address:
- 406 Hedgemont Ave
-
- Subdivision:
- N/A
-
- City:
- Fayetteville
-
- County:
- Lincoln County, TN
-
- State:
- TN
-
- Zip Code:
- 37334
Amenities
-
- Utilities:
- Electricity Available, Water Available
-
- Garages:
- Concrete, Driveway
Interior
-
- Interior Features:
- Ceiling Fan(s)
-
- Appliances:
- Electric Oven, Electric Range, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
-
- Heating:
- Central, Electric
-
- Cooling:
- Ceiling Fan(s), Central Air, Electric
-
- # of Stories:
- 2
Exterior
-
- Roof:
- Shingle
-
- Construction:
- Vinyl Siding
School Information
-
- Elementary:
- Ralph Askins School
-
- Middle:
- Fayetteville Middle School
-
- High:
- Fayetteville High School
Additional Information
-
- Date Listed:
- June 15th, 2026
-
- Days on Market:
- 5
Listing Details
- Listing Office:
- Elam Real Estate
Copyright 2026 RealTracs Solutions.