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
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165
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5
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Zillow last checked:
Listing updated:
Listed by:
Drew Lekowski615-522-3973,
MRG Realty Partners651-900-4386
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 3255670
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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
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
Date
Event
Price
7/1/2026
Listed for sale
$450,000+0.2%$75/sqft
Source: RealTracs MLS as distributed by MLS GRID #3255670Report a problem
6/15/2026
Listing removed
$449,000$75/sqft
Source: RealTracs MLS as distributed by MLS GRID #3184088Report a problem
4/29/2026
Listed for sale
$449,000-15.1%$75/sqft
Source: RealTracs MLS as distributed by MLS GRID #3184088Report a problem
4/1/2026
Listing removed
$529,000$88/sqft
Source: RealTracs MLS as distributed by MLS GRID #3002432Report a problem
12/4/2025
Price change
$529,000-7%$88/sqft
Source: RealTracs MLS as distributed by MLS GRID #3002432Report a problem
9/26/2025
Listed for sale
$569,000+89.7%$95/sqft
Source: RealTracs MLS as distributed by MLS GRID #3002432Report a problem
12/9/2024
Sold
$300,000$50/sqft
Source: RealTracs MLS as distributed by MLS GRID #2757836Report a problem
11/22/2024
Pending sale
$300,000$50/sqft
Source: RealTracs MLS as distributed by MLS GRID #2757836Report a problem
11/22/2024
Listed for sale
$300,000$50/sqft
Source: RealTracs MLS as distributed by MLS GRID #2757836Report a problem
11/16/2024
Pending sale
$300,000$50/sqft
Source: RealTracs MLS as distributed by MLS GRID #2757836Report a problem
11/12/2024
Listed for sale
$300,000$50/sqft
Source: RealTracs MLS as distributed by MLS GRID #2757836Report a problem
11/10/2024
Pending sale
$300,000$50/sqft
Source: RealTracs MLS as distributed by MLS GRID #2757836Report a problem
11/8/2024
Listed for sale
$300,000+270.4%$50/sqft
Source: RealTracs MLS as distributed by MLS GRID #2757836Report a problem
1/27/2017
Sold
$81,000-19%$14/sqft
Source: RealTracs MLS as distributed by MLS GRID #1787697Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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.