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$450,000 - 206 Edison St W, Fayetteville

-
Bedrooms
-
Baths
6,000
SQ. Feet
1930
Year Built

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.

Essential Information

  • MLS® #:
    3255670
  • Price:
    $450,000
  • Bathrooms:
    0.00
  • Square Footage:
    6,000
  • Acres:
    0.00
  • Year Built:
    1930
  • Type:
    Residential Income
  • Status:
    Active

Community Information

  • Address:
    206 Edison St W
  • Subdivision:
    None
  • City:
    Fayetteville
  • County:
    Lincoln County, TN
  • State:
    TN
  • Zip Code:
    37334

Amenities

  • Utilities:
    Water Available

Interior

  • Heating:
    Central
  • Cooling:
    Wall/Window Unit(s)
  • # of Stories:
    2

Exterior

  • Construction:
    Brick

School Information

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

Additional Information

  • Date Listed:
    July 1st, 2026
  • Days on Market:
    3
  • Zoning:
    R-3

Listing Details

  • Listing Office:
    Mrg Realty Partners

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Disclaimer: All information is believed to be accurate but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal.

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Listing information last updated on July 4th, 2026 at 4:24pm CDT.