LKV Realty
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$549,900
$2,900Reward *
406 Hedgemont Ave, Fayetteville, TN 37334Listing ID 3243401

406 Hedgemont Ave, Fayetteville, TN 37334

Active
Time on site: 81 daysLast updated: Aug 3, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
9
Bathrooms
Bathrooms
6
Square Feet
Square Feet
3,300
Acres
Acres
0.24
Days on Site
Days on Site
60
Cooling
Cooling
Ceiling Fan(s), Central Air, Electric
Heating
Heating
Central, Electric
Year Built
Year Built
2023
Stories
Stories
2
Parking
Parking
Concrete, Driveway

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!

Property Information

Property Details

Location

Address
406 Hedgemont Ave
County
Lincoln County, TN
City
Fayetteville
Zip Code
37334
High School
Fayetteville High School
Elementary School
Ralph Askins School

Interior Features

Beds and Baths

Bedrooms
9
Main Level Bedrooms
9
Full Bathrooms
6

Building

Building Information

Square Feet
3,300
Year Built
2023
Stories
2
Construction
Vinyl Siding
Foundation
Slab
Roof
Shingle

Financial

Special Conditions
Standard

Property Taxes

Tax Annual Amount
$3,250
Elam Real Estate, (615) 890-1222

Market Report for 37334

* The market data shown is based on available information from Multiple Listing Service (MLS) and/or public records. Data provided is for informational and educational purposes only and may not represent the full housing market. For more accurate information, consumers should consult a certified appraiser or licensed real estate agent.

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.

Source: Realtracs
Realtracs logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 04:52 AM UTC. 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. Some IDX listings have been excluded from this website.

For corrections to this data please contact Brytecore MLS Support.

RTC63014