
206 Edison St W, Fayetteville, TN 37334
None · Lincoln County
Key Facts
Description
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.
Property Information
Property Type
Residential Income
Sub-Type
Multi Family
Structure Type
Multi Family
Year Built
1930
Stories
2
Living Area
6,000 sq ft
Lot Dimensions
92 X 89
Zoning
R-3
Days on Market
1
MLS® Listing#
3255670
Property Features
Cooling
Heating
Flooring
Construction
Utilities
Sewer
Water Source
Schools
- Elementary:
- Blanche School
- Middle:
- Blanche School
- High:
- Fayetteville High School
Financial Details
HOA
None
Annual Taxes
$1,932
Parcel Number
079E A 00700 000
Directions
None
Affordability Calculator
$90,000
Estimated monthly payment
$2,395/mo
Principal $360,000 · Est. interest $502,232 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Fayetteville, TN
- $341,538
- Median Listing Price
- 61
- Median Days on Market
- 2,092
- Median Sq Ft
- $169
- Median Price / Sq Ft
- 125
- Active Listings
- This home’s price is 32% above the area median.
- Its price per sq ft is 56% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Fayetteville, TN.
Location
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Points of Interest in Fayetteville, TN
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Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 214 Washington Street W, Fayetteville, TN | $315,000 | 2 | 1 | 2,238 |
| 214 Washington St W, Fayetteville, TN | $315,000 | 2 | 1 | 2,238 |
| 0 Huntsville Highway, Fayetteville, TN | $315,000 | — | — | — |
| 0 Huntsville Highway, Fayetteville, TN | $315,000 | — | — | — |
| 98 Aurora Circle, Fayetteville, TN | $318,900 | 5 | 3 | 2,092 |
| 138 Aurora Circle, Fayetteville, TN | $318,900 | 5 | 3 | 2,092 |
Moving Cost Estimate
EXIT Agents in Fayetteville
Listing Courtesy: MRG Realty Partners - 6155223973
Last Updated: 2026-06-15















