- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
$549,900
Monthly Est:$2,737
9 Beds
- 6 Baths
3,300sqft
406 Hedgemont Ave, Fayetteville, TN 37334
$549,900
$2,737/moEst:
Get Pre-Approved
Multi Family
Built in 2023
$-- HOA
-- sqft lot
$167/sq.ft
Description
Investment opportunity meets modern living in the heart of Fayetteville! Built in 2023, this exceptional triplex offers the perfect blend of immediate cash flow and owner-occupant flexibility. Whether you're looking to expand your real estate portfolio or take advantage of a house-hacking opportunity, this property delivers. One unit is vacant and move-in ready, allowing you to live on-site while generating rental income from the two occupied units - or lease the third unit and maximize your returns from day one. Each of the three units features approximately 1,100 square feet of thoughtfully designed living space with 3 bedrooms and 2 bathrooms. All appliances remain, including the stove, microwave, refrigerator, and washer/dryer combo, making this a truly turnkey investment. Situated on a 0.24-acre lot, each unit enjoys access to green space in the backyard, providing tenants and owners alike with room to relax and enjoy the outdoors. Convenience is key, with two dedicated driveway parking spaces per unit and a prime location within walking distance of downtown Fayetteville, schools, parks, shopping, dining, and everyday amenities. Only 45 minutes to Huntsville, Tullahoma, NASA Marshall Space Flight Center and Arnold AFB. Opportunities to own a newer construction multi-family property with established rental income and owner-occupant potential are incredibly rare. Don't miss your chance to own this modern, income-producing triplex in one of Fayetteville's most desirable locations! **Special Financing** 3.5% FHA or 5% Conventional Down payment minimum requirements are available while having tenant occupied units contribute toward your DTI as Qualifying Income. Have tenants pay your mortgage while building equity, and still have a private 3 bed 2 bath home. DSCR and Other Investment Loans are also available. See listing agent for details!
- Houzeo last checked: 11 minutes ago
- Listing updated: August 3, 2026 at 10:50 pm
- Listing Provided by: Kevin Rose (615) 956-8073 DRE #362650 | Elam Real Estate (615) 890-1222
- Source: Nashville (RealTracs Mid) MLS-TN | MLS#: 3243400

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
--
Year Built
2023
HOA Fees
-
Finished Area
3,300 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Nashville (RealTracs Mid) MLS
MLS Number
3243400
MLS Status
Active
Days on Market
117

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 9
Bathrooms: 6
Interior
Cooling
Ceiling Fan(s), Central Air, Electric
Sewer
Public Sewer
Flooring
Vinyl
Heating
Central, Electric
Construction
Year Built
Year Built: 2023
Home type
Multi Family
Construction Materials
Vinyl Siding
Roof
Shingle
Utilities & Energy
Laundry Features
Individual, Electric Dryer Hookup, Washer Hookup
Security Features
Smoke Detector(s)
Utilities
Electricity Available, Water Available
Water Source
Public
Parking Features
Concrete, Driveway
Other Features
Tenant Pays
None
Subdivision Name
N/a
Price History
| Date | Event | Price |
|---|---|---|
06/16/2026 Source: | Listed for Sale | $584,900 +6.36% $177/sqft |
06/16/2026 Source: | Price Decreased | $549,900 -5.98% $167/sqft |
06/15/2026 Source: | Listing Removed | $584,900 +10.78% $177/sqft |
05/08/2023 Source: | Sold | $528,000 $160/sqft |
Find Homes by Property Features in Fayetteville, TN
Based on information from Realtracs® through Oct 11, 2026, 08:45AM. Data courtesy of Realtracs® MLS as distributed by MLS GRID. Some IDX listings have been excluded from this website. All data is obtained from various sources and may not have been verified by the 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. IDX information is provided exclusively for consumers’ personal, noncommercial use. It 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. The use of the MLS GRID Data may be subject to an end-user license agreement prescribed by Realtracs® MLS. © 2026 RealTracs Solutions. All Rights Reserved. Angela Fowler Real Estate, LLC | 423.320.4620 | afowler@catt.com Mailing Address: 452 Kailors Cove Cir, Ringgold, GA 30736
Advertising Broker: Angela Fowler | Angela Fowler Real Estate, LLC.




