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  • $250,000

    50 Rexs Ln, Lafayette, TN 37083

    8beds
    5baths
    3,380sqft
    Multi Family
    Built in 1981
    -- sqft lot
    $254,100 Zestimate®
    $74/sqft
    $1,326 Estimated rent

    Home value

    $254,100

    Estimated sales range

    Not available

    $1,326/mo

    Zestimate® history
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    What's special

    Welcome to 50 Rex's Lane, a fully leased quadruplex offering an exceptional investment opportunity in the heart of Lafayette, TN. This income-producing property features four spacious units, each designed with functionality and comfort in mind. Unit 1 includes 2 bedrooms and 1.5 bathrooms. All units offer an open-concept layout with the kitchen and living area located on the main floor, and bedrooms and full bathrooms situated upstairs. Each unit also includes washer and dryer connections with a dedicated laundry room. With a strong rental history and stable tenants already in place, this turnkey property is ideal for investors seeking reliable cash flow and long-term growth. Conveniently located near schools, shopping, and local amenities, this is a rare opportunity to add a solid multifamily asset to your real estate portfolio. Property is being sold as-is.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Elizabeth C Sparkman, PSA, ABR 615-480-8359,

    eXp Realty

    Bought with:

    Trevor Swindle, 382683

    BHGRE | Ben Bray Real Estate & Associates

    Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2967897MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 5
    Heating
    • Electric
    Cooling
    • Electric, Wall/Window Unit(s)
    Appliances
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Flooring: Carpet, Vinyl
    Interior area
    • Total structure area: 3,380
    • Total interior livable area: 3,380 sqft
    • Finished area above ground: 3,380

    Property

    Features
    • Levels: Two
    • Stories: 2
    Lot
    • Dimensions: 238 x 260 x IRR
    Details
    • Parcel number: 059 05810 000
    • Zoning: Commercial
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Materials
    • Stone, Wood Siding
    Condition
    • New construction: No
    • Year built: 1981

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Available, Water Available

    Community & neighborhood

    Security
    • Security features: Smoke Detector(s)
    Location
    • Region: Lafayette
    • Subdivision: None

    HOA & financial

    Other financial information
    • Total actual rent: 2400

    Price history

    DateEventPrice
    9/5/2025Sold$250,000$74/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2967897 Report a problem
    8/8/2025Contingent$250,000$74/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2967897 Report a problem
    8/3/2025Listed for sale$250,000-20.6%$74/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2967897 Report a problem
    5/9/2025Listing removed$315,000$93/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2795255 Report a problem
    4/30/2025Listed for sale$315,000$93/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2795255 Report a problem
    4/24/2025Pending sale$315,000$93/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2795255 Report a problem
    4/1/2025Price change$315,000-18.2%$93/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2795255 Report a problem
    3/19/2025Listed for sale$385,000$114/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2795255 Report a problem
    3/6/2025Pending sale$385,000$114/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2795255 Report a problem
    2/24/2025Listed for sale$385,000+37.5%$114/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2795255 Report a problem
    1/1/2022Listing removed--
    Source: RealTracs MLS as distributed by MLS GRID #2287532 Report a problem
    11/20/2021Listed for sale$280,000$83/sqft
    Source: RealTracs MLS as distributed by MLS GRID #2287532 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37083

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Fairlane Elementary
    • Middle: Macon County Junior High School
    • High: Macon County 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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