901 Winchester Hwy, Fayetteville, TN 37334

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Sold Price
$526,250
List Price
$550,000
Closing Date
Nov 13, 2025
MLS#
2866787
Days on Market
126
Property Type
Multifamily
Sqft. of Residence
3,873
County
Lincoln County
Status
CLOSED

Property Description

Take a look at this 7-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 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. There is an additional 5 downstairs units plus a basement, they are currently in a flood plain but are in the process of being zoned out.

Additional Information

Construction Type
Brick
Cooling System
Wall/Window Unit(s)
Elementary School
Ralph Askins School
Floor Types
Carpet, Laminate, Vinyl
Heating System
Natural Gas, Wall Furnace
High School
Fayetteville High School
Junior High School
Fayetteville Middle School
Living Area
3,873
Number Of Stories
2
Roofing Material
Metal
Sewer System
Public Sewer
Subdivision
N/A
Tax Amount
$3,285
Water Source
Public
Year Built
1940
Zoning
N/A
Type
Multifamily

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Residential Investment Advisors. Selling Office: Crye-Leike, Inc., REALTORS.

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