206 Edison St W

2
Baths
6,000 Sq. Ft.
$75 / Sq. Ft.
6,000
Sq. Ft.
$75
per Sq. Ft.

Description

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
...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.
  1. Listed by Drew Lekowski • MRG Realty Partners
    P: (615)-522-3973 C: (615)-522-3973 drew@mrgrealtypartners.com

Property Details for 206 Edison Street West

Subdivision Name
None
Waterfront
No
LISTING UPDATED: 07/02/2026 01:03 PM

Property Details for 206 Edison Street West

StatusActive
MLS #3255670
Days on Market8
Taxes$1,932 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1930
Lot Size-
CountyLincoln County

Location

Listing Courtesy of MRG Realty Partners, Drew Lekowski (615.522.3973)
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Building Information for 206 Edison Street West

Stories2Residences7Year Built1930Building Size-Lot Size-

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OriginPoint Mortgage or Rocket Mortgage1

$2,403 per month

30 year fixed, 6.36% Interest

Principal and Interest

$2,242

Property Taxes

$161

HOA Dues

$0

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Property Information for 206 Edison Street West

Summary
Location and General Information
  • 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
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
Lot Information
  • Lot Size Units: Acres
  • Parcel Number: 079E A 00700 000
  • Structure Type: Multi Family
Property and Assessments
  • 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
Utilities
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes
  • Heating: Central
  • Heating: Yes
  • Sewer: Public Sewer
  • Utilities: Water Available
  • Water Source: Public
Interior and Exterior Features
Exterior Features
  • Attached Garage: No
  • Covered Spaces: .00
  • Exterior Features: No Dock
  • Garage: No
  • Pool Private: No
  • View YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 7
Unit 1
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Unit 2
  • Unit Type Actual Rent: $850.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Type: 1 Bedroom
Rental Information
Rental Information
  • Rent Includes: Electricity, Water
  • Tenant Pays: None
  • Total Actual Rent: $1,700

Property History for 206 Edison Street West

DateEvent & SourcePriceAppreciation
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
DateEvent & SourcePrice
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

For completeness, we 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 - 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

206 Edison Street West is a multi-family home for sale in Fayetteville, TN 37334. This property was listed for sale on July 1, 2026 by MRG Realty Partners, it's currently listed at $450,000. It has been on the market for a total of 8 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 2-bed, 2-bath, 6,000 sqft multi-family home built in 1930.

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.