$450,000

206 Edison St, W, Fayetteville, TN 37334

  • 6,000 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1930
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $75/sqft
  • Property List Date Icon Listed 1 month ago

Property 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.

Listing Status:
Active
Date Added:
July 1, 2026
Data Last Updated:
August 11, 2026 at 2:20AM
Listing Office:
MRG Realty Partners : 6155223973
Listing Agent:
Drew Lekowski : 6155223973
MLS ID:
3255670
  • Flooring: Laminate
  • A/C: Wall/Window Unit(s)
  • Heating: Central
  • Parking: Parking spaces: 0
  • General: Two
  • Originating MLS: realtrac
  • County: Lincoln CountyTN
  • Zoning: R-3079E A 00700 000
  • Utilities: Water Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Drew Lekowski , MRG Realty Partners

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location