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206 Edison St W, Fayetteville, TN, 37334

4beds
4baths
6,478sqft
$449,000
$69price/sqft
$3,321/moest. monthly cost
$132,840/yrincome needed

About This Home

Prime investment opportunity in the heart of downtown Fayetteville, this fully occupied seven-unit apartment complex features all one-bedroom units that have been recently updated for strong tenant appeal. The property offers stable cash flow today with clear upside potential, as the lower level includes a former laundromat space that presents a value-add opportunity for additional income or conversion to alternative uses. With its central location, modern updates, and built-in growth potential, this property is well positioned for both steady returns and long-term appreciation.

Getting Around

69
WalkingSomewhat Walkable
0
TransitVery Limited Transit
48
BikeSomewhat Bikeable

Schools

4/10
Ralph Askins SchoolGrades PK-50.9 mi
3/10
5/10

Construction

Condition

  • Year built: 1930

Materials

  • Roof: Metal
  • Construction materials: Brick,Vinyl Siding

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Common Area

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 4

Features

  • Flooring: Laminate,Vinyl
  • Finished area below ground: 1,738
  • Finished area above ground: 4,740

Heating & Cooling

  • Heating features: Wall Furnace
  • Cooling features: Wall/Window Unit(s)

Interior Area

  • Total structure area: 6,478
  • Total interior livable area: 6,478 sqft

Property

Details

  • Parcel number: 079E A 00700 000
  • Attached to another structure: Yes
  • Zoning: C1
  • Special condition: Owner Agent

Features

  • Levels: Three Or More
  • Stories: 3
  • Has view: Yes
  • View description: City

Lot

  • Lot size: 8,188 sqft
  • Lot size dimensions: 92 x 89