206 Edison St W














Description
Investment highlights
10% mark to market play with unit renovations completed
Room to...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.
- Listed by Drew Lekowski • MRG Realty PartnersP: (615)-522-3973 C: (615)-522-3973 drew@mrgrealtypartners.com
Property Details for 206 Edison Street West
Property Details for 206 Edison Street West
| Status | Active |
|---|---|
| MLS # | 3255670 |
| Days on Market | 8 |
| Taxes | $1,932 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1930 |
| Lot Size | - |
| County | Lincoln County |
Location
Building Information for 206 Edison Street West
Payment Calculator
$2,403 per month
30 year fixed, 6.36% Interest
$2,242
$161
$0
Property Information for 206 Edison Street West
- Directions: None
- Elementary School: Blanche School
- High School: Fayetteville High School
- Levels: Two
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Middle Or Junior School: Blanche School
- Mlg Can View: Yes
- Zoning: R-3
- Garage Spaces: .00
- Parking Total: .00
- Condo Coop Association YN: No
- 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
- Lot Size Units: Acres
- Parcel Number: 079E A 00700 000
- Structure Type: Multi Family
- Construction Materials: Brick
- Documents Count: 0
- New Construction: No
- Possession: Close Of Escrow
- Property Attached: Yes
- Senior Community: No
- Stories: 2
- Year Built Details: Existing
- Cooling: Wall/Window Unit(s)
- Cooling: Yes
- Heating: Central
- Heating: Yes
- Sewer: Public Sewer
- Utilities: Water Available
- Water Source: Public
- Attached Garage: No
- Covered Spaces: .00
- Exterior Features: No Dock
- Garage: No
- Pool Private: No
- View YN: No
- Number Of Units Total: 7
- Unit Type Actual Rent: $850.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 1
- Unit Type Type: 1 Bedroom
- Unit Type Actual Rent: $850.00
- Unit Type Baths Total: 1
- Unit Type Beds Total: 1
- Unit Type Type: 1 Bedroom
- Rent Includes: Electricity, Water
- Tenant Pays: None
- Total Actual Rent: $1,700
Property History for 206 Edison Street West
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jul 1, 2026 | Listed (Active) REALTRACS #3255670 | $450,000 | — |
| Jun 15, 2026 | Withdrawn REALTRACS #3184088 | $449,000 | — |
| Apr 29, 2026 | Listed (Active) REALTRACS #3184088 | $449,000 | — |
| Mar 31, 2026 | Expired 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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 07/01/2026 | Listed (Active) REALTRACS #3255670 | $450,000 |
| 06/15/2026 | Withdrawn REALTRACS #3184088 | $449,000 |
| 04/29/2026 | Listed (Active) REALTRACS #3184088 | $449,000 |
| 03/31/2026 | Expired 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, we often displays two records for one sale: the MLS record and the public record.
Public Records for 206 Edison Street West
Schools near 206 Edison Street West
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | PK 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 PrivatePK 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
Explore Nearby Homes
- Park City Homes for Sale
- Blanche Homes for Sale
- Moores Mill Homes for Sale
- Bel-Aire Homes for Sale
- Mount Charron Homes for Sale
- Northwest Huntsville Homes for Sale
- Northeast Huntsville Homes for Sale
- Alabama A and M Historic District Homes for Sale
- Mountain Slopes Homes for Sale
- East Mastin Lake Homes for Sale
- Monte Sano District Homes for Sale
- Southeast Quadrant Homes for Sale
- Lincoln Mill and Mill Village Homes for Sale
- Lincoln Mill District Homes for Sale
- Monte Sano Homes for Sale
- Mulberry Homes for Sale
- Fayetteville Homes for Sale
- Kelso Homes for Sale
- Lynchburg Homes for Sale
- Toney Homes for Sale
- Dellrose Homes for Sale
- Flintville Homes for Sale
- Taft Homes for Sale
- Hazel Green Homes for Sale
- Petersburg Homes for Sale
- Elora Homes for Sale
- Frankewing Homes for Sale
- New Market Homes for Sale
- Shelbyville Homes for Sale
- Elkton Homes for Sale
- 38488 Homes for Sale
- 37335 Homes for Sale
- 38459 Homes for Sale
- 38453 Homes for Sale
- 37160 Homes for Sale
- 37144 Homes for Sale
- 35750 Homes for Sale
- 37348 Homes for Sale
- 38449 Homes for Sale
- 37359 Homes for Sale
- 37352 Homes for Sale
- 35761 Homes for Sale
- 38478 Homes for Sale
- 37328 Homes for Sale
- 37047 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of MRG Realty Partners, Drew Lekowski (615.522.3973)
Based on information submitted to the MLS GRID as of 07/02/2026 01:03 PM. 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.















1