INVESTMENT PROPERTY IN A GREAT LOCATION! BRICK HOME CURRENTLY USED AS A DUPLEX* UNIT A- 2 BED/2BATH * UNIT B 2 BED 1 BATH * BOTH UNITS HAVE BEEN UPDATED & COME EQUIPPED WITH A FULL KITCHEN & WASHER/DRYER HOOKUPS* LOTS OF OPTIONS WITH THIS HOME - LIVE IN ONE UNIT WHILE RENTING OUT THE OTHER TO OFFSET MORTGAGE COSTS, CONSIDER CONVERTING THE PROPERTY BACK TO A SINGLE-FAMILY DWELLING FOR INCREASED LIVING SPACE, OR CONTINUE TO RENT BOTH TENANT OCCUPED UNITS GENERATING IMMEDIATE RENTAL INCOME!
Closed
$207,000
502 Adams St, Fayetteville, TN 37334
4beds
3baths
2,230sqft
Multi Family
Built in 1940
-- sqft lot
$209,600 Zestimate®
$93/sqft
$922 Estimated rent
Home value
$209,600
$134,000 - $329,000
$922/mo
Zestimate® history
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$1,269/mo
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Brick homeFull kitchen
Zillow last checked:
Listing updated:
Listed by:
Christy A. Harris 615-775-4028,
Cumberland Real Estate LLC,
Drew Boggs 615-423-3515,
Cumberland Real Estate LLC
Bought with:
Drew Boggs, 285601
Cumberland Real Estate LLC
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2754139
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
Heating
- Electric
Cooling
- Electric
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 2,230
- Total interior livable area: 2,230 sqft
- Finished area above ground: 2,230
Property
Parking
- Total spaces: 1
- Parking features: Attached
- Carport spaces: 1
Features
- Levels: One
- Stories: 1
Lot
- Size: 0.38 Acres
- Dimensions: 109 x 150 M IRR
Details
- Parcel number: 080A D 01800 000
- Zoning: REN
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1940
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: $93/sqft
- Tax assessed value: $204,300
- Annual tax amount: $1,485
- Date on market: 10/31/2024
- Inclusions: Nofur
- Total actual rent: 1775
- Tenant pays: Electricity, Water
Price history
| Date | Event | Price |
|---|---|---|
| 5/3/2025 | Sold | $207,000-16.4%$93/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2754139 Report a problem | ||
| 2/11/2025 | Pending sale | $247,700$111/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2757601 Report a problem | ||
| 10/31/2024 | Listed for sale | $247,700+95%$111/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2754139 Report a problem | ||
| 4/27/2023 | Sold | $127,000+0.8%$57/sqft |
Source: Public Record Report a problem | ||
| 3/17/2023 | Contingent | $126,000$57/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2494135 Report a problem | ||
| 3/6/2023 | Listed for sale | $126,000$57/sqft |
Source: RealTracs MLS as distributed by MLS GRID #2494135 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,668 | $51,075 |
| 2024 | $1,668 +12.3% | $51,075 +61% |
| 2023 | $1,485 +30% | $31,725 |
| 2022 | $1,143 | $31,725 |
| 2021 | $1,143 -5.9% | $31,725 -5.9% |
| 2020 | $1,214 | $33,700 |
| 2019 | $1,214 +35.8% | $33,700 +55.7% |
| 2018 | $894 +0% | $21,650 |
| 2017 | $894 +76.3% | $21,650 |
| 2016 | $507 -35.1% | $21,650 |
| 2015 | $782 | $21,650 |
| 2014 | $782 | $21,650 |
| 2013 | -- | $21,650 |
| 2012 | $723 | $21,650 -6.8% |
| 2011 | $723 | $23,239 |
| 2010 | $723 | $23,239 |
| 2009 | $723 | $23,239 |
| 2008 | $723 +3.1% | $23,239 +3% |
| 2007 | $701 -17.5% | $22,554 |
| 2006 | $850 +13.3% | $22,554 +13.3% |
| 2005 | $750 | $19,903 |
| 2004 | $750 | $19,903 |
| 2002 | $750 | $19,903 |
| 2001 | -- | $19,903 -75% |
| 2000 | -- | $79,613 |
Find assessor info on the county website
Neighborhood: 37334
Nearby homes
- $95,000-- bd0 ba1.2k sqft506 Adams St, Fayetteville, TN 37334Off Market
- $206,6006 bd3 ba4.4k sqft505 Mulberry Ave, Fayetteville, TN 37334Off Market
- $199,500-- bd1 ba2.4k sqft509 Mulberry Ave, Fayetteville, TN 37334Off Market
- $154,2003 bd1 ba1k sqft510 Adams St, Fayetteville, TN 37334Off Market
- $175,000-- bd0 ba1.1k sqft501 Mulberry Ave, Fayetteville, TN 37334Sold
- $225,000-- bd1 ba1.6k sqft503 Polk St, Fayetteville, TN 37334Sold
- $274,400-- bd1 ba3.7k sqft513 Mulberry Ave, Fayetteville, TN 37334Off Market
- $186,500-- bd0 ba624 sqft412 Cherry St, Fayetteville, TN 37334Off Market
Nearby schools
GreatSchools rating
- 4/10Ralph Askins SchoolGrades: PK-5Distance: 1.2 mi
- 3/10Fayetteville Middle SchoolGrades: 6-8Distance: 1.5 mi
- 5/10Fayetteville Junior High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Ralph Askins School
- 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
$209,600
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Estimated market value
$209,600
- Tennessee
- Lincoln County
- Fayetteville
- 37334
- 502 Adams St
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