206 Edison St W

4
Baths
8,216 Sq. Ft.
$64 / Sq. Ft.
8,216
Sq. Ft.
$64
per Sq. Ft.

Description

Prime investment opportunity in the heart of downtown Fayetteville, this fully occupied seven-unit apartment complex features all one-bedroom units that have been recently updated for strong tenant appeal. The property offers stable cash flow today with clear upside potential, as the lower level includes a former laundromat space that presents a value-add opportunity for additional income or conversion to alternative uses. With its central location, modern updates, and built-in growth potential,...Prime investment opportunity in the heart of downtown Fayetteville, this fully occupied seven-unit apartment complex features all one-bedroom units that have been recently updated for strong tenant appeal. The property offers stable cash flow today with clear upside potential, as the lower level includes a former laundromat space that presents a value-add opportunity for additional income or conversion to alternative uses. With its central location, modern updates, and built-in growth potential, this property is well positioned for both steady returns and long-term appreciation.
  1. Listed by Brett Mansfield • Reliant Realty ERA Powered

Property Details for 206 Edison Street West

Subdivision Name
Downtown Fayetteville
View
City
Waterfront
No
LISTING UPDATED: 12/04/2025 08:46 AM

Property Details for 206 Edison Street West

StatusActive
MLS #3002432
Days on Market183
Taxes$1,932 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size-
CountyLincoln County

Location

Listing Courtesy of Reliant Realty ERA Powered, Brett Mansfield (615.559.8227)
Add your commute

Building Information for 206 Edison Street West

Stories3Residences7Year Built1930Building Size-Lot Size-

Payment Calculator

Get preapproved with
OriginPoint Mortgage or Rocket Mortgage1

$2,728 per month

30 year fixed, 6.11% Interest

Principal and Interest

$2,567

Property Taxes

$161

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 206 Edison Street West

Summary
Location and General Information
  • Directions: From Fayetteville square take Washington St W. Turn right onto Lincoln Ave. Turn left onto Edison St
  • Elementary School: Ralph Askins School
  • High School: Fayetteville High School
  • Levels: Three Or More
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Middle Or Junior School: Fayetteville Middle School
  • Mlg Can View: Yes
  • Zoning: C1
Parking
  • Garage Spaces: .00
  • Parking Total: .00
Taxes and HOA Information
  • Condo Coop Association YN: No
Property
Building Information
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Building Area Source: Assessor
  • Building Area Units: Square Feet
  • Flooring: Laminate, Vinyl
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 079E A 00700 000
  • Structure Type: Multi Family
Property and Assessments
  • Construction Materials: Brick, Vinyl Siding
  • Documents Count: 0
  • New Construction: No
  • Possession: Close Of Escrow
  • Property Attached: Yes
  • Senior Community: No
  • Stories: 3
  • Year Built Details: Existing
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Wall Furnace
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Laundry Features: Share
Exterior Features
  • Attached Garage: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • Roof: Metal
  • View YN: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Unit 1
  • Unit Type Actual Rent: $790.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Type Actual Rent: $790.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 3
  • Unit Type Actual Rent: $790.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 4
  • Unit Type Actual Rent: $790.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Rental Information
Rental Information
  • Rent Includes: Electricity, Trash Collection, Water
  • Tenant Pays: Cable TV
  • Total Actual Rent: $3,160

Property History for 206 Edison Street West

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Price Change

REALTRACS #3002432

$529,000
Sep 26, 2025

Listed (Active)

REALTRACS #3002432

$569,000
Dec 9, 2024

Closed

REALTRACS #2757836

$300,000
Dec 6, 2024

Closed (Public Record)

Public Record #1547099560

$300,000

+18.1% / yr

Nov 22, 2024

Contract - Not Showing

REALTRACS #2757836

Nov 8, 2024

Listed (Active)

REALTRACS #2757836

$300,000
Jan 27, 2017

Closed (Public Record)

Public Record #587317341

$81,000

-1.7% / yr

Sep 9, 2009

Closed (Public Record)

Public Record #275230568

$92,000

-4.9% / yr

Feb 23, 2006

Closed (Public Record)

Public Record #191370062

$110,000
DateEvent & SourcePrice
12/04/2025

Price Change

REALTRACS #3002432

$529,000
09/26/2025

Listed (Active)

REALTRACS #3002432

$569,000
12/09/2024

Closed

REALTRACS #2757836

$300,000
12/06/2024

Closed (Public Record)

Public Record #1547099560

$300,000

+18.1% / yr

11/22/2024

Contract - Not Showing

REALTRACS #2757836

11/08/2024

Listed (Active)

REALTRACS #2757836

$300,000
01/27/2017

Closed (Public Record)

Public Record #587317341

$81,000

-1.7% / yr

09/09/2009

Closed (Public Record)

Public Record #275230568

$92,000

-4.9% / yr

02/23/2006

Closed (Public Record)

Public Record #191370062

$110,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 206 Edison Street West

Taxable ValueLand$11,920Additions$47,240Total$59,160
Home Facts
Total Finished SqFt6,478 SqFtAbove Grade Finished SqFt6,478 SqFtStories1Lot Size8,188 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyLINCOLNAPN079E A 00700

Schools near 206 Edison Street West

This home is within Fayetteville School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Private - K to 12
Rating
School
Distance
Ralph Askins School
PublicPK to 5

Fayetteville Middle School
Public6 to 8

Fayetteville Junior High School
Public9 to 12

Riverside Christian Academy
PrivateK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

206 Edison Street West is a multi-family home for sale in Fayetteville, TN 37334. This property was listed for sale on September 26, 2025 by Reliant Realty ERA Powered, it's currently listed at $529,000. It has been on the market for a total of 183 days and was last sold on December 9, 2024. This listing's school district is Fayetteville School District. Nearby schools include Ralph Askins School, Fayetteville Middle School and Fayetteville Junior High School. 206 Edison Street West is a 4-bed, 4-bath, 8,216 sqft multi-family home built in 1930.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Reliant Realty ERA Powered, Brett Mansfield (615.559.8227)

Based on information submitted to the MLS GRID as of 12/04/2025 08:46 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.