406 Hedgemont Ave, Fayetteville, TN

$549,900

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9

Beds

6

Baths

3,300

Square feet

0.24

Acres

About 406 Hedgemont Ave

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!

Features of 406 Hedgemont Ave

MLS® # 3243401
Price $549,900
Bedrooms 9
Bathrooms 6.00
Full Baths 6
Square Footage 3,300
Acres 0.24
Year Built 2023
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 406 Hedgemont Ave
Subdivision N/A
City Fayetteville
County Lincoln County, TN
State TN
Zip Code 37334

Amenities

Utilities Electricity Available, Water Available
Garages Concrete, Driveway
Is Waterfront No
Has Pool No

Interior

Interior Features Ceiling Fan(s)
Appliances Electric Oven, Electric Range, Disposal, Dryer, Microwave, Refrigerator, Stainless Steel Appliance(s), Washer
Heating Central, Electric
Cooling Ceiling Fan(s), Central Air, Electric
Fireplace No
# of Stories 2

Exterior

Roof Shingle
Construction Vinyl Siding

School Information

Elementary Ralph Askins School
Middle Fayetteville Middle School
High Fayetteville High School

Additional Information

Date Listed June 15th, 2026
Days on Market 90
Foreclosure No
Short Sale No
Data Source REALTRACS as distributed by MLS GRID

Listing Details

OfficeElam Real Estate

Listing Map

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