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206 Edison St W Fayetteville, TN $ 529,000
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$ 529,000 Get more info
206 Edison St W
$ 529,000
Back to search
Share Save

206 Edison St W

Fayetteville, TN, 37334
$ 529,000
Bedrooms4 Baths4.0 Sq 8,216

Monthly Estimate*

$ 3,300

206 Edison St W, Fayetteville, TN 37334 - Image 1
206 Edison St W, Fayetteville, TN 37334 - Image 2
206 Edison St W, Fayetteville, TN 37334 - Image 3
206 Edison St W, Fayetteville, TN 37334 - Image 4
206 Edison St W, Fayetteville, TN 37334 - Image 5
206 Edison St W, Fayetteville, TN 37334 - Image 6
206 Edison St W, Fayetteville, TN 37334 - Image 7
206 Edison St W, Fayetteville, TN 37334 - Image 8
206 Edison St W, Fayetteville, TN 37334 - Image 9

Multi-Family Home for sale in Fayetteville, TN

for $529,000 with 4 bedrooms and 4 full baths. This 8,216 square foot home was built in 1930.

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.

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Multi-Family Active

Price

$ 529,000

Bedrooms

4

Full Bath

4

Property Type

Multi-Family

Taxes

$ 1,932

Style

Multi Family

Year Built

1930

Town/City

Fayetteville

County/Region

Lincoln

MLS | Web ID

3002432
Features
General
Living Area 8216
Sewer Public Sewer
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Utilities Water Available
Possession Close Of Escrow
Roof Metal
Zoning C1
Garage Spaces 0
Construction Materials Brick Vinyl Siding
Year Built 1930
Tenant Pays Cable TV
View City
Stories Count 3
Levels Three Or More
Gross Income 66360
County Lincoln County TN
Net Operating Income 39816
Operating Expense 26544
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Downtown Fayetteville
Garage Y/N N
Rent Includes Electricity Trash Collection Water
Status Active
Buyer Financing Conventional Other
Directions From Fayetteville square take Washington St W. Turn right onto Lincoln Ave. Turn left onto Edison St
High School Fayetteville High School
City Fayetteville
Senior Community Y/N N
Number Of Units Total 7
Lot Size Units Acres
Elementary School Ralph Askins School
Property Attached Y/N Y
Year Built Details Existing
Tax Annual Amount 1932
Middle/Junior High School Fayetteville Middle School
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Total Actual Rent 3160
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Interior
Flooring Laminate Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Above Grade Finished Area 6478
Laundry Features Share
Below Grade Finished Area 1738
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Water Source Public
Total Parking 0
Inclusions No Furnishing
Building Area Total 8216
Lot Dimensions 92 X 89
Waterfront Y/N N
Covered Spaces 0
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Internal Only
Street Number 1 206
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* Excluded Features
List By
Reliant Realty Era Powered

Broker

bmansfi1@gmail.com

Email

Affordability Calculator

$3,461
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,300
Monthly Property Taxes
$161
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1790143 Elementary School
4313853 Middle School
Fayetteville High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
12/4/2025$529,000 -7.03% Price Down
9/26/2025$569,000 Listed Price

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206 Edison St W, Fayetteville, TN, 37334 is a Multi-Family Home for sale at $529,000 with 8,216 sqft. 206 Edison St W has 4 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 37334 which is in Fayetteville, TN

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