Investment Opportunity! Duplex in town in Fayetteville. Both sides are rented. Shown by appointment only
Closed
$135,000
405 Hedgemont Ave, Fayetteville, TN 37334
6beds
--baths
2,899sqft
Multi Family
Built in 1938
-- sqft lot
$155,500 Zestimate®
$47/sqft
$1,118 Estimated rent
Home value
$155,500
$117,000 - $197,000
$1,118/mo
Zestimate® history
Owner options
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$837/mo
Est. payment
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$837/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Frances P. Ring 931-993-6140,
Leading Edge Real Estate Group
Bought with:
Frances P. Ring, 274466
Leading Edge Real Estate Group
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2805585
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Heating
- Electric, Other
Cooling
- Electric
Appliances
- Laundry: Individual, Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Other, Vinyl
Interior area
- Total structure area: 2,899
- Total interior livable area: 2,899 sqft
- Finished area above ground: 2,899
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.29 Acres
- Dimensions: 88M x 145M IRR
Details
- Parcel number: 079F G 01300 000
- Zoning: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Wood Siding
- Roof: Metal
Condition
- New construction: No
- Year built: 1938
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Metes And Bounds
HOA
- Has HOA: No
Location
- Region: Fayetteville
Financial & listing details
- Price per square foot: $47/sqft
- Tax assessed value: $77,400
- Annual tax amount: $1,011
- Date on market: 3/18/2025
- Inclusions: Appliances
- Total actual rent: 1400
- Tenant pays: Electricity, Gas, Water
- Electric utility on property: Yes
Price history
| Date | Event | Price |
|---|---|---|
| 12/10/2025 | Sold | $135,000-12.9%$47/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2805585 Report a problem | ||
| 11/17/2025 | Pending sale | $155,000$53/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2805585 Report a problem | ||
| 6/8/2025 | Price change | $155,000-22.1%$53/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2805585 Report a problem | ||
| 3/18/2025 | Listed for sale | $199,000+947.4%$69/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2805585 Report a problem | ||
| 3/1/2001 | Sold | $19,000-78.9%$7/sqft |
Source: Public Record Report a problem | ||
| 10/5/1998 | Sold | $90,000+260%$31/sqft |
Source: Public Record Report a problem | ||
| 5/22/1997 | Sold | $25,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,011 | $30,960 |
| 2024 | $1,011 +5.7% | $30,960 +51.5% |
| 2023 | $957 +30% | $20,440 |
| 2022 | $736 | $20,440 |
| 2021 | $736 +0.6% | $20,440 +0.6% |
| 2020 | $732 | $20,320 |
| 2019 | $732 +3.8% | $20,320 +19% |
| 2018 | $705 -0.1% | $17,080 |
| 2017 | $706 +76.5% | $17,080 |
| 2016 | $400 -35.1% | $17,080 |
| 2015 | $617 +58.1% | $17,080 +58.1% |
| 2014 | $390 | $10,800 |
| 2013 | -- | $10,800 |
| 2012 | $324 | $10,800 +3.7% |
| 2011 | $324 | $10,413 |
| 2010 | $324 | $10,413 |
| 2009 | $324 | $10,413 |
| 2008 | $324 +0.1% | $10,413 |
| 2007 | $324 -17.5% | $10,413 |
| 2006 | $393 +1.2% | $10,413 +1.2% |
| 2005 | $388 | $10,287 |
| 2004 | $388 | $10,287 |
| 2002 | $388 | $10,287 |
| 2001 | -- | $10,287 -75% |
| 2000 | -- | $41,146 |
Find assessor info on the county website
Neighborhood: 37334
Nearby homes
- $14,400-- bd0 ba1.3k sqftHedgemont Ave, Fayetteville, TN 37334Off Market
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Nearby schools
GreatSchools rating
- 4/10Ralph Askins SchoolGrades: PK-5Distance: 1.1 mi
- 3/10Fayetteville Middle SchoolGrades: 6-8Distance: 0.7 mi
- 5/10Fayetteville Junior High SchoolGrades: 9-12Distance: 0.7 mi
Schools provided by the listing agent
- Elementary: Highland Rim Elementary
- Middle: Fayetteville Middle 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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Estimated market value
$155,500
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$155,500
- Tennessee
- Lincoln County
- Fayetteville
- 37334
- 405 Hedgemont Ave
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