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206 Edison St W, Fayetteville, TN 37334

None · Lincoln County

Key Facts

6,000Sq Ft
1930Year Built
2Stories

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:
Wall/Window Unit(s)
Heating:
Central
Flooring:
Laminate
Construction:
Brick
Utilities:
Water Available
Sewer:
Public Sewer
Water Source:
Public

Schools

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

HOA & Tax

HOA:
None
Annual Tax:
$1,932
Parcel #:
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

$332,394
Median Listing Price
58
Median Days on Market
2,033
Median Sq Ft
$171
Median Price / Sq Ft
127
Active Listings
  • This home’s price is 35% 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

  • 206 Edison St W, Fayetteville, TN 37334

Nearby Schools

  • Fayetteville City Schools

    Elementary · 0.3 mi away

  • Lincoln County Ninth Grade Academy

    School · 0.6 mi away

  • Stone Bridge Academy

    School · 0.8 mi away

  • Ralph Askins School

    Elementary · 0.9 mi away

  • Fayetteville High School

    Secondary · 0.9 mi away

  • Fayetteville Middle School

    Secondary · 0.9 mi away

  • Lincoln County Senior High School

    Secondary · 1.3 mi away

  • Riverside Christian Academy

    School · 2.3 mi away

  • Highland Rim School

    Elementary · 6.2 mi away

  • South Lincoln School

    Elementary · 8.0 mi away

  • Unity School

    Elementary · 9.5 mi away

  • Flintville School

    Elementary · 11.1 mi away

  • Little Raiders Preschool

    School · 13.9 mi away

  • Lynchburg Elementary School

    Elementary · 14.6 mi away

  • Moore County Schools (TN)

    School · 14.6 mi away

  • Hazel Green High School

    Secondary · 14.9 mi away

  • Walnut Grove Elementary School

    Elementary · 15.1 mi away

  • Hazel Green Elementary School

    Elementary · 15.1 mi away

  • Moore County High School

    Secondary · 15.8 mi away

  • Moores Mill Intermediate School

    Secondary · 17.4 mi away

Commute Calculator

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Nearby Homes

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Moving Cost Estimate

EXIT Agents in Fayetteville

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Listing Courtesy: MRG Realty Partners - 6155223973

Based on information submitted to the MLS GRID as of 2026-06-15 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-06-15

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The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by Realtracs. MLS® Listing#3255670. © 2026EXIT Realty®. All rights reserved.