11
See all 11 photos
Listed by Elizabeth A Craig, PSA, ABR • eXp Realty
$250,000
Est. payment /mo
3,380 SqFt
Active Under Contract
50 Rexs Ln Lafayette, TN 37083
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,380 sqft
Price per Sqft $73
MLS Listing ID 2967897
HOA Y/N No
Year Built 1981
Annual Tax Amount $1,697
Lot Dimensions 238 X 260 X IRR
Property Description
Welcome to 50 Rex's Lane, a fully leased quadruplex offering an exceptional investment opportunity in the heart of Lafayette, TN. This income-producing property features four spacious units, each designed with functionality and comfort in mind. Unit 1 includes 2 bedrooms and 1.5 bathrooms. All units offer an open-concept layout with the kitchen and living area located on the main floor, and bedrooms and full bathrooms situated upstairs. Each unit also includes washer and dryer connections with a dedicated laundry room. With a strong rental history and stable tenants already in place, this turnkey property is ideal for investors seeking reliable cash flow and long-term growth. Conveniently located near schools, shopping, and local amenities, this is a rare opportunity to add a solid multifamily asset to your real estate portfolio. Property is being sold as-is.
Location
State TN
County Macon County
Zoning Commercial
Interior
Heating Electric
Cooling Electric, Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplace N
Exterior
Utilities Available Electricity Available, Water Available
View Y/N false
Private Pool false
Building
Story 2
Sewer Septic Tank
Water Public
Structure Type Stone,Wood Siding
New Construction false
Schools
Elementary Schools Fairlane Elementary
Middle Schools Macon County Junior High School
High Schools Macon County High School
Others
Senior Community false
Special Listing Condition Standard
© 2025 Listings courtesy of RealTrac as distributed by MLS GRID. All Rights Reserved.