206 Edison St W, Fayetteville, TN, 37334
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
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
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
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Strong Wind
- Tornado
- Cold Wave
- Inland Flooding
- Lightning
- Winter Weather
- Drought
- Earthquake
- Hail
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,275 | $27,300 |
| Home Insurance | $373 | $4,476 |
| Property Taxes | $153 | $1,836 |
| Electricity | $526 | $6,316 |
| Total | $3,327 | $39,924 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-29 | Listed for sale | $449,000 |
| 2026-04-01 | Listing removed | $529,000 |
| 2025-12-04 | Price change | $529,000 |
| 2025-09-26 | Listed for sale | $569,000 |
| 2024-12-09 | Sold | $300,000 |
| 2024-11-22 | Pending sale | $300,000 |
| 2024-11-22 | Listed for sale | $300,000 |
| 2024-11-16 | Pending sale | $300,000 |
| 2024-11-12 | Listed for sale | $300,000 |
| 2024-11-10 | Pending sale | $300,000 |
| 2024-11-08 | Listed for sale | $300,000 |
| 2017-01-27 | Sold | $81,000 |
| 2016-02-29 | Sold | $100,000 |
| 2012-12-18 | Listing removed | $129,900 |
| 2012-11-13 | Listed for sale | $129,900 |
| 2000-12-12 | Sold | $79,000 |
| 1997-01-02 | Sold | $38,000 |
| 1996-04-15 | Sold | $106,000 |
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