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3,300 sqft

$549,900

406 Hedgemont Ave, Fayetteville TN, 37334

Price per sqft$166.64
Built in2023
Property size3,300 sqft
Property typeResidential
Courtesy of Elam Real Estate, Kevin Rose Listing Contact: 6159568073

Overview

Active

Listed Jun 15, 2026

Updated Aug 4

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!

$3,658/mo

Est. mortgage payment based on a $549,900 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Other Property Details

Taxes
$3,250
Tax Frequency
Annually
55+/Senior Community
No

Listings courtesy of Middle Tennessee Regional Multiple Listing Service as distributed by MLS GRID

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Based on information submitted to the MLS GRID as of 5:03 AM UTC on 8/4/2026. 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.

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