$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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