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406 hedgemont ave, fayetteville, TN 37334 Sold on

  • $549,900
  • 9 BedBeds
  • 6 BathBaths
  • 3,300 SqftSqft
  • Typesingle family
  • Active
  • MLS# 3243401
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  • Price Reduced$35,000
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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!

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General

  • Property Type: Single Family
  • Status: Active
  • MLS#: 3243401
  • List Price: $549,900
  • List Date: 05/27/2026
  • Year Built: 2023
  • County: Lincoln County, TN
  • Subdivision: N/A
  • Beds: 9
  • Full Bathrooms: 6
  • Sq. Ft.: 3,300
  • Directions: From Fayetteville take Main Ave S heading south and make a right on Maple St W. Go left on Hedgemont Ave and the triplex will be on the left.

Interior Features

  • Interior Features: Ceiling Fan(s)

Exterior Features

  • Roof Type: Shingle

Schools

  • Elementary: Ralph Askins School
  • Middle: Fayetteville Middle School
  • High: Fayetteville High School

Utilities

  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Central, Electric
 

Estimated Monthly Mortgage Calculator

This calculator is provided for informational purposes only by Burrow Services, Inc. You should not make any decisions based simply on the information provided. Values indicated are estimates and may not be accurate and are only to be used as a guide. This calculator should not be relied upon in any way as the sole source of information. Please consult your financial, tax or legal advisers for an accurate assessment of your mortgage payments and any advice relating to your personal circumstances.

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