5

Johnson City, TN Multifamily Homes & Duplexes for Sale

Section Image
  • /29

    $849,000

    Unlisted Address

    West Walnut Close to full completion and with all that is happening with the downtown improvements, why would you not want a turnkey rental? Opportunities to own an 8-plex on the Tree Streets don't come around often so act fast. The apartments have been historically referred to as ''The Hive''. It provides 8 unique layouts varying between 1 and 2 bedroom units. The time period of construction

    Ronald Barrett KW Johnson City

    Unlisted Address
  • /63

    $825,000

    • 4,080 Sq Ft

    194 Sparks Rd, Johnson City, TN 37601

    Experience the perfect blend of timeless Southern charm and modern comfort in this beautifully updated home on nearly 5 acres. Centrally located just 15 minutes from everything Johnson City has to offer — dining, hospitals, shopping, and more — this property offers both convenience and serenity.Inside, you'll find elegant details throughout, including built-in shelving, a statement

    JAMES SMITH KW Johnson City

    194 Sparks Rd, Johnson City, TN 37601
  • /13

    $674,999

    3411 W Walnut St, Johnson City, TN 37604

    Investment opportunity in the heart of Johnson City! A beautifully maintained 6-unit apartment building offering solid cash flow with value-add potential. Currently bringing in $60,240 annually in rental income with below-market rents, this property offers an excellent upside for investors looking to maximize returns. The upstairs has 2-(2bed/1bath) units The main level has 2-(2bed/1bath)

    Matt McCrory True North Real Estate

    3411 W Walnut St, Johnson City, TN 37604
  • /25

    $260,000

    • 1,776 Sq Ft

    705 Lehigh St, Johnson City, TN 37604

    PROPERTY BEING SOLD WITH OWNER FINANCING WITH A MINIMUM OF 4 YEAR TERMDiscover a promising duplex investment property ideally located near East Tennessee State University (ETSU), the VA, downtown, and Roan Street's business district. This 1,154 sq ft property features two 1-bedroom, 1-bath apartments, each with laundry hookups, and has undergone extensive renovations. Key

    Jim Griffin LPT Realty - Griffin Home Group

    705 Lehigh St, Johnson City, TN 37604
  • /16

    $1,450,000 New Construction

    712 Lamont St Unit 1-13, Johnson City, TN 37604

    Cindy O'Brien LIfestyles Realty Tennessee, Inc.

    712 Lamont St Unit 1-13, Johnson City, TN 37604

Why Live in Johnson City

Johnson City's outdoor scene centers around the 9.6-mile Tweetsie Trail, connecting cyclists and walkers to neighboring Elizabethton through scenic mountain terrain. Downtown's Founders Park hosts cultural events and art exhibitions in its amphitheater, while the 700-acre Buffalo Mountain Park provides hiking trails leading to panoramic views from Huckleberry Knob and Sunset Point. The local food scene features diverse options from Label's upscale American cuisine to authentic German fare at Freiberg's, plus farm-to-table dining at Wellington's inside the Carnegie Hotel.

The median home sale price in Johnson City is $320,000, with single-family homes prevalent throughout established neighborhoods. Cherokee and Oak Grove command the highest median single-family home prices at $350,000 and $350,500 respectively, while Keystone presents more affordable options with a median price of $189,000. One-bedroom condos have a median price of $171,000, while two-bedroom units typically sell for a median of $217,500.

The cost of living sits 3.3% below the national average. A family with school-age children needs approximately $102,000 annually to live comfortably, including $28,000 for housing and $18,000 for groceries. Property taxes remain competitive at 0.55%, lower than nearby Kingsport and Bristol at 0.63%. The city maintains three A-rated public schools: Woodland Elementary, Indian Trail Intermediate, and Science Hill High School. East Tennessee State University adds to the educational landscape. Major employers include Ballad Health system and ETSU, with growing manufacturing and technology sectors. The Johnson City Transit System provides public transportation throughout the area, while Tri-Cities Airport, 20 minutes away, connects to major hubs including Charlotte, Atlanta, and Dallas/Fort Worth.

Home Trends in Johnson City, TN

Housing Trends

Median Sale Price
$265,000
Median Single Family Sale Price
$297,750
Median 2 Bedroom Sale Price
$200,000
Median 1 Bedroom Sale Price
$162,000
Average Price Per Sq Ft
$180
Number of Homes for Sale
79
Last 12 months Home Sales
364
Months of Supply
2.60
Median List Price
$289,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
4%
How to Buy a Home How to Finance a Home How to Sell a Home