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.
Closed
$250,000
50 Rexs Ln, Lafayette, TN 37083
8beds
5baths
3,380sqft
Multi Family
Built in 1981
-- sqft lot
$250,000 Zestimate®
$74/sqft
$1,561 Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 05, 2025 at 12:25pm
Listing Provided by:
Elizabeth A Craig, PSA, ABR 615-480-8359,
eXp Realty
Bought with:
Trevor Swindle, 382683
BHGRE | Ben Bray Real Estate & Associates
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2967897
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 5
Heating
- Electric
Cooling
- Electric, Wall/Window Unit(s)
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Flooring: Carpet, Vinyl
Interior area
- Total structure area: 3,380
- Total interior livable area: 3,380 sqft
- Finished area above ground: 3,380
Property
Features
- Levels: Two
- Stories: 2
Lot
- Dimensions: 238 x 260 x IRR
Details
- Parcel number: 059 05810 000
- Zoning: Commercial
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Stone, Wood Siding
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Lafayette
- Subdivision: None
HOA & financial
Other financial information
- Total actual rent: 2400