901 Winchester Hwy Fayetteville, TN 37334
Estimated payment $4,225/month
Highlights
- No HOA
- Carpet
- 4-minute walk to Kid's Park
- Cooling System Mounted To A Wall/Window
- Wall Furnace
About This Home
Take a look at this 17-unit multifamily property situated in the heart of Fayetteville, TN! This property is positioned just minutes from the Fayetteville square and is in close proximity to various banks, shopping centers, restaurants, and medical facilities. This complex consists of 6 buildings, featuring 10 studio apartments, 5 one-bedroom/one-bath units, and 2 two-bedroom/one-bath units. While the units were vacated for renovations, the owner has temporarily halted the process for personal reasons. This presents a remarkable opportunity for an investor to step in and complete the renovations, preparing the units to rent or sale. This purchase price allows any prospective buyer to gain instant equity, bring your offers! This is a full remodel with the bottom units needing the majority of work. The bottom units are currently in a flood plain but are in the process of being zoned out.
Listing Agent
Residential Investment Advisors Brokerage Phone: 9312427382 License #357471 Listed on: 05/06/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,285
Year Built
- Built in 1940
Parking
- Parking Lot
Home Design
- Brick Exterior Construction
- Metal Roof
Interior Spaces
- 3,873 Sq Ft Home
- Property has 1 Level
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Bathrooms
Schools
- Ralph Askins Elementary School
- Fayetteville Middle School
- Fayetteville High School
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
Community Details
- No Home Owners Association
- 17 Units
Listing and Financial Details
- Assessor Parcel Number 080A B 00500 000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | -- | $107,160 | $24,440 | $82,720 |
| 2023 | $2,022 | $70,160 | $19,520 | $50,640 |
| 2022 | $1,475 | $70,160 | $19,520 | $50,640 |
| 2021 | $1,475 | $70,160 | $19,520 | $50,640 |
| 2020 | $2,772 | $76,960 | $19,520 | $57,440 |
| 2019 | $2,772 | $76,960 | $19,520 | $57,440 |
| 2018 | $2,440 | $59,080 | $19,520 | $39,560 |
| 2017 | $2,357 | $59,080 | $19,520 | $39,560 |
| 2016 | $2,357 | $59,080 | $19,520 | $39,560 |
| 2015 | $2,133 | $59,080 | $19,520 | $39,560 |
| 2014 | $2,126 | $58,880 | $19,520 | $39,360 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/06/2025 05/06/25 | For Sale | $725,000 | +54.3% | $187 / Sq Ft |
| 09/22/2023 09/22/23 | Sold | $470,000 | 0.0% | $238 / Sq Ft |
| 07/31/2023 07/31/23 | Pending | -- | -- | -- |
| 07/13/2023 07/13/23 | For Sale | $470,000 | -- | $238 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $470,000 | Woodland Title | |
| Deed | -- | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $380,000 | New Conventional |
Source: Realtracs
MLS Number: 2866787
APN: 080A-B-005.00
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