304 Washington St E, Fayetteville, TN 37334
FOR SALE

304 Washington St E
Fayetteville, TN 37334

  • 2 Beds
  • 2 Baths
  • 2,874 sqft
  • 2 Beds
  • 2 Baths
  • 2,874 sqft

$295,000

Est. Mortgage $1,749/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

Description

Welcome to your next savvy investment! This meticulously maintained multi-family quadplex offers a rare chance to own a lucrative piece of real estate in the heart of Fayetteville. With its excellent location, well-designed units, and strong rental history, this property is a dream come true for investors seeking both stability and growth potential. With all units currently leased, this quadplex presents an attractive income opportunity for investors. The strong rental history and high demand for housing in the area ensure consistent cash flow and a solid return on investment. For investors looking to maximize returns, there's potential to enhance the property's value through strategic renovations or updates to increase rental income. Don't miss out on this exceptional investment opportunity! Whether you're a seasoned investor or just starting out, this quadplex offers the perfect combination of stability, income potential, and growth.

Home Highlights

Parking
1 Carport Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$103
Listed
59 days ago

Home Details for 304 Washington St E

Active Status

MLS Status: Active

Interior Features

Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2
Dimensions and Layout
Living Area: 2874 Square Feet
Appliances & Utilities
Utilities: Water Available
Heating & Cooling
Heating: Has Heating Unspecified TypeHas CoolingAir Conditioning: Wall/Window Unit(s)Has HeatingHeating Fuel: Has Heating Unspecified Type
Fireplace & Spa
No Fireplace
Gas & Electric
Has Electric on Property
Windows, Doors, Floors & Walls
Flooring: Laminate, Vinyl
Levels, Entrance, & Accessibility
Stories: 2Levels: OneFloors: Laminate, Vinyl
View
No View

Exterior Features

Exterior Home Features
No Private Pool
Parking & Garage
Number of Carport Spaces: 1Number of Covered Spaces: 1Has a CarportNo GarageNo Attached GarageParking Spaces: 1Parking: Unassigned
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Finished Area
Finished Area (above surface): 2874 Square Feet

Days on Market

Days on Market: 59

Property Information

Year Built
Year Built: 1900Year Renovated: 1900
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Not a New ConstructionAttached To Another Structure
Property Information
Included in Sale: OtherParcel Number: 079E D 02200 000

Price & Status

Price
List Price: $295,000Price Per Sqft: $103
Status Change & Dates
Possession Timing: Close Of Escrow

Location

Direction & Address
City: FayettevilleCommunity: Metes/Bounds
School Information
Elementary School: Ralph Askins SchoolJr High / Middle School: Fayetteville Middle SchoolHigh School: Fayetteville High School

Agent Information

Listing Agent
Listing ID: 2624465

Building

Building Area
Building Area: 2874 Square Feet

Lot Information

Lot Area: 7950 sqft

Listing Info

Special Conditions: Standard

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Miscellaneous

Mls Number: 2624465

Additional Information

Mlg Can ViewMlg Can Use: IDX
Last check for updates: about 21 hours ago
Listing Provided by: Melissa Pendergrass Burt, (931) 993-6446
Burt & Co. Southern Real Estate, (931) 433-3775
Source: RealTracs MLS as distributed by MLS GRID, MLS#2624465

Price History for 304 Washington St E

DatePriceEventSource
02/29/2024$295,000Listed For SaleRealTracs MLS as distributed by MLS GRID #2624465
12/07/2018$82,000Sold
N/A
01/05/2006$100,000Sold
N/A
08/15/2005$71,000Sold
N/A

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Property Taxes and Assessment

Year2022
Tax$1,759
Assessment$122,100
Home facts updated by county records

Comparable Sales for 304 Washington St E

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.06
Multi-Family Home
$110,000
10/18/23
3
2
1,371
0.89
Multi-Family Home
$115,000
04/19/24
2
2
1,236
0.45
Multi-Family Home
$528,000
05/08/23
9
6
3,300
0.23
Multi-Family Home
$490,000
02/21/24
6
4
2,658
0.49
Multi-Family Home
$470,000
09/22/23
4
4
1,973
1.36
Multi-Family Home
$156,000
02/16/24
4
2
1,604
0.76
Multi-Family Home
$322,000
08/29/23
6
4
1,980
0.52
Multi-Family Home
$1,275,000
08/31/23
12
8
4,400
4.55
Multi-Family Home
$152,500
09/21/23
8
5
1

What Locals Say about Fayetteville

  • Clayton W.
    "People let their dogs roam free, many of them are very sweet dogs; however SOME ARE NOT. KEEP YOUR DOGS ON A LEASH "
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  • Joseph B.
    "People used to walk their dogs all the time around here. The city has a leash law so people don’t usually feel threatened. Owners are very easy going and most dogs are friendly. "
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  • Sykes9132
    "I've been here 2yrs n haven't had any problems with anyone. All is well here! I am planning on living out my retirement here... "
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  • Toricasey16
    "Some may not like the traffic but most people who see others walking their dogs usually slow down and get over for them and their pets."
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  • Justin
    "The schools aren’t considered very good, but life is pretty simple. It’s more crowded than you would think. "
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  • Laneragsdale
    "I like the town it is small but very nice. people are friendly for the most part. moved from California to get away from the crazies"
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  • Killen m.
    "It’s quiet and nice. Everyone is very friendly. So much open space for my hiking and taking my dogs on adventures in the area. "
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  • Cmriggins
    "People look out for each other and are always friendly! Fayetteville is a great place for young families or anyone!"
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LGBTQ Local Legal Protections

Melissa Pendergrass Burt, Burt & Co. Southern Real Estate
Based on information submitted to the MLS GRID as of 2024-02-09 15:39:37 PST. 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. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
304 Washington St E, Fayetteville, TN 37334 is a 2 bedroom, 2 bathroom, 2,874 sqft multi-family built in 1900. This property is currently available for sale and was listed by RealTracs MLS as distributed by MLS GRID on Feb 29, 2024. The MLS # for this home is MLS# 2624465.