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Multi family home for sale at 406 Hedgemont Ave, Fayetteville, TN 37334 | MLS# 3243400 | Listing updated on 2026-08-03
Photo 1 of Multi family home for sale at 406 Hedgemont Ave, Fayetteville, TN 37334 | MLS# 3243400 | Listing updated on 2026-08-03
Photo 2 of Multi family home for sale at 406 Hedgemont Ave, Fayetteville, TN 37334 | MLS# 3243400 | Listing updated on 2026-08-03
Photo 3 of Multi family home for sale at 406 Hedgemont Ave, Fayetteville, TN 37334 | MLS# 3243400 | Listing updated on 2026-08-03
Photo 4 of Multi family home for sale at 406 Hedgemont Ave, Fayetteville, TN 37334 | MLS# 3243400 | Listing updated on 2026-08-03
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$549,900

Monthly Est:$2,737

  • Beds Icon9 Beds
  • Beds Icon
    6 Baths
  • Beds Icon3,300sqft

406 Hedgemont Ave, Fayetteville, TN 37334

$2,737/moEst:

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  • 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 Nashville (RealTracs Mid) MLS-TN

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Building
406 Hedgemont Ave
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Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    2

  • County

    Lincoln County, Tn

  • City

    Fayetteville

  • 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

DateEventPrice

06/16/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3243401

Listed for Sale

$584,900 +6.36%

$177/sqft

06/16/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3243401

Price Decreased

$549,900 -5.98%

$167/sqft

06/15/2026

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC3243400

Listing Removed

$584,900 +10.78%

$177/sqft

05/08/2023

Source: mls_logoNashville (RealTracs Mid) MLS-TN #RTC2426652

Sold

$528,000

$160/sqft

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.

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