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Active
  • $450,000

    206 Edison St W, Fayetteville, TN 37334

    2beds
    2baths
    6,000sqft
    : 
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    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $75/sqft
    $-- HOA

    What's special

    Three units recently renovated
    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.
    13 days
    |
    165
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Drew Lekowski 615-522-3973,

    MRG Realty Partners 651-900-4386

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3255670MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • Central
      Cooling
      • Wall/Window Unit(s)
      Features
      • Flooring: Laminate
      Interior area
      • Total structure area: 6,000
      • Total interior livable area: 6,000 sqft
      • Finished area above ground: 6,000

      Property

      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Size: 8,188 Square Feet
      • Dimensions: 92 x 89
      Details
      • Parcel number: 079E A 00700 000
      • Zoning: R-3
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      Condition
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Water Available

      Community & HOA

      Community
      • Subdivision: None
      HOA
      • Has HOA: No
      Location
      • Region: Fayetteville

      Financial & listing details

      • Price per square foot: $75/sqft
      • Tax assessed value: $147,900
      • Annual tax amount: $1,932
      • Date on market: 7/1/2026
      • Inclusions: Appliances, Negotiable
      • Total actual rent: 1700

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/1/2026Listed for sale$450,000+0.2%$75/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3255670 Report a problem
        6/15/2026Listing removed$449,000$75/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3184088 Report a problem
        4/29/2026Listed for sale$449,000-15.1%$75/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3184088 Report a problem
        4/1/2026Listing removed$529,000$88/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3002432 Report a problem
        12/4/2025Price change$529,000-7%$88/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3002432 Report a problem
        9/26/2025Listed for sale$569,000+89.7%$95/sqft
        Source: RealTracs MLS as distributed by MLS GRID #3002432 Report a problem
        12/9/2024Sold$300,000$50/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2757836 Report a problem
        11/22/2024Pending sale$300,000$50/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2757836 Report a problem
        11/22/2024Listed for sale$300,000$50/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2757836 Report a problem
        11/16/2024Pending sale$300,000$50/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2757836 Report a problem
        11/12/2024Listed for sale$300,000$50/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2757836 Report a problem
        11/10/2024Pending sale$300,000$50/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2757836 Report a problem
        11/8/2024Listed for sale$300,000+270.4%$50/sqft
        Source: RealTracs MLS as distributed by MLS GRID #2757836 Report a problem
        1/27/2017Sold$81,000-19%$14/sqft
        Source: RealTracs MLS as distributed by MLS GRID #1787697 Report a problem
        2/29/2016Sold$100,000-23%$17/sqft
        Source: Public Record Report a problem
        12/18/2012Listing removed$129,900$22/sqft
        Source: Exit Realty Music City #1406284 Report a problem
        11/13/2012Listed for sale$129,900+64.4%$22/sqft
        Source: Exit Realty Music City #1406284 Report a problem
        12/12/2000Sold$79,000+107.9%$13/sqft
        Source: Public Record Report a problem
        1/2/1997Sold$38,000-64.2%$6/sqft
        Source: Public Record Report a problem
        4/15/1996Sold$106,000$18/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,932 $59,160
        2024$1,932 -2.5%$59,160 +39.8%
        2023$1,981 +30%$42,320
        2022$1,524 $42,320
        2021$1,524 $42,320
        2020$1,524 $42,320
        2019$1,524 +0.4%$42,320 +15.1%
        2018$1,518 -0.1%$36,760
        2017$1,519 +76.6%$36,760
        2016$860 -35.2%$36,760
        2015$1,327 $36,760
        2014$1,327 $36,760
        2013-- $36,760
        2012$1,246 $36,760 -8.2%
        2011$1,246 $40,038
        2010$1,246 $40,038
        2009$1,246 $40,038
        2008$1,246 +0.1%$40,038
        2007$1,245 -17.5%$40,038
        2006$1,509 +28.4%$40,038 +28.4%
        2005$1,176 $31,194
        2004$1,176 $31,194
        2002$1,176 $31,194
        2001-- $31,194 -60%
        2000-- $77,986
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37334

        Getting around

        69 / 100
        Somewhat Walkable
        48 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Blanche School
        • Middle: Blanche School
        • High: Fayetteville High School

        Source: RealTracs MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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