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Listed price in listed location currency (USD).
$450,000

000

MLS® 3255670

Overview

Key Facts

Type Multi Family
Levels Residential Income
Size 6000 sqft
Garage 
Taxes $1,932
Days Active 57
Lot Size 
Approx. Age 1930
Avg. Price Per Sqft $75
MLS® Number 3255670

Property Address: 206 Edison St W, Fayetteville, TN, 37334-2951

Average square foot calculated using Size range provided by listing agent.

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.
MLS® Number3255670
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1930
Basement
Driveway
Garage Spaces
HeatCentral
A/CWall/Window Unit(s)

Extras

Appliances, Negotiable

Price History

Last Sold Price

$300,000$300K

Appreciation

--

Avg. Days Listed

13 days

Today, For Sale for $450,000

For Sale · 56 days

$450,000

MLS® 3255670

2 months ago

Not Sold Yet

July 2026, For Sale for $450,000

For Sale · 56 days

$450,000

MLS® 3255670

2 months ago

Not Sold Yet

November 2024, Sold for $300,000

Sold · 13 days

$300,000

MLS® 2757836

2 years ago

Sold on Nov 22, 2024

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