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7 Multi Family Homes For Sale in Johnson City, TN

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$164,900Est. Payment
6 Beds | 3 Baths | -- Sqft

607 E Watauga Avenue, Johnson City, TN 37601

Multi Family For Sale

Excellent multi-family opportunity on East Watauga Avenue. This 1930s home was separated into three (3) bedrooms, (1) bath units many years ago, and has been loved by everyone who has lived in it. Tenant parking (one per unit) is in the rear of the building, while guest parking in on the street in front. Rental income is presently $1375 monthly, but could be considerably higher; some current tenants have lived there for a very long time and management has decided not to raise rents in favor of keeping good tenants. Market value would see the rents increase to at least $1800 per month. Just as you would expect, the floors are primarily hardwood, with vinyl in the kitchens and baths, and the windows and doors are cased in solid, wide, hardwood trim. If you are looking for a great investment property in the old town area of Johnson City, this is a ''must see''.

$64,900Est. Payment
-- Beds | -- Baths | -- Sqft

307 West Watauga Avenue 0, Johnson City, TN 37604

Multi Family For Sale

Property is currently being used for accommdations for short or long term stay in the downtown area of Johnson City. Property is zoned B-3 that allows many different business possibilities. Property has 2 sides. The left side of the property has 5 bedrooms/rooms and 1 bathroom and a common area with microwave for tenants. Right side has a 3 bedrooms/rooms, 1 bathroom and common area with microwave as well. Each tenant has a key to door and their own bedroom. Each bedroom is equipped with a bed, tv and refrigerator. Tenants sign no lease, as rooms are rented week to week for $100.00: which includes power/water and cable as well as linens. Owner states that electric averaged $170.00 a month, for past 6 months. Water averages $71.00 a month, and cable is $160.00 a month. Insurance is $1,500 a year according to Seller. Gas averaged $130.00 a month, for past 6 months. Property has 1 electric meter, and 1 water meter to the property. Property features 2 driveways and a alley behind property. There is also a detached shed for storage. Home is being sold AS IS, WHERE IS. Seller will provided termite treatment if needed-but will not do any repairs. Some furniture will convey with the sale of property, with the exception of 2 window air conditioners that are owned by 2 tenants. Freshly painted interior. Property needs some attention, but is priced $36K below tax assessment. REALTORS-NEED A MINIMUM OF 4 HOURS TO SHOW.

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Let's get you that Dream Home!

Rob Thomas

(423) 212-3622
$249,000Est. Payment
-- Beds | -- Baths | -- Sqft

712 Lamont Street, Johnson City, TN 37604

Multi Family For Sale

For more information, contact Boyd 'Mark' Dishman at (423) 737-0001. Visit http://www.crye-leike.com/johnsoncity/9908774 to view more pictures of this property. Investor opportunity! One building currently has 6 finished units that are currently rented, 9 more units on second and third floor need to be completed to make a 15 unit building. Great location, close to VA, close to ETSU, and med center.

$165,000Est. Payment
-- Beds | -- Baths | 2,704 Sqft

224 Highland Avenue, Johnson City, TN 37604

Multi Family For Sale

This home is located at 224 Highland Avenue Johnson City, TN 37604 US and has been listed on Homes.com since 21 April 2020 and is currently priced at $165,000, approximately $61 per square foot. This property was built in 1930. 224 Highland Avenue is within the school district(s) Johnson City Schools with nearby schools including South Side Elementary School, Liberty Bell Middle School, and 9th Grade Academy. Similar properties nearby are <a href="/property/2913-greenline-rd-johnson-city-tn-37604/id-600029209356/">2913 Greenline Rd</a>, <a href="/property/224-highland-ave-johnson-city-tn-37604/id-600029215983/">224 Highland Ave</a>, <a href="/property/johnson-city-tn-37601/id-600029217124/">900 Milligan Hwy</a>, <a href="/property/2415-melborne-dr-johnson-city-tn-37601/id-600029209523/">2415 Melborne Dr</a>, <a href="/property/3302-lita-dr-johnson-city-tn-37604/id-600029234797/">3302 Lita Dr</a>, <a href="/property/3303-lita-dr-johnson-city-tn-37604/id-600029236452/">3303 Lita Dr</a>, 2613 Gilmer St, and <a href="/property/3020-mayfield-dr-johnson-city-tn-37604/id-600029232261/">3020 Mayfield Dr</a>.

$127,500Est. Payment
-- Beds | -- Baths | 5,000 Sqft

706 Earl Street, Johnson City, TN 37604

Multi Family For Sale

This home is located at 706 Earl Street Johnson City, TN 37604 US and has been listed on Homes.com since 5 March 2020 and is currently priced at $127,500, approximately $26 per square foot. This property was built in 1940. 706 Earl Street is within the school district(s) Johnson City Schools with nearby schools including Fairmont Elementary School, Liberty Bell Middle School, and Science Hill High School. Similar properties nearby are <a href="/property/204-e-mountain-view-rd-25-johnson-city-tn-37601/id-1000079998503/">204 E Mountain View Rd 25</a>, 706 Earl Ct, <a href="/property/423-w-poplar-st-johnson-city-tn-37604/id-600036130589/">423 W Poplar St</a>, <a href="/property/911-dean-st-johnson-city-tn-37601/id-600029214021/">911 Dean St</a>, <a href="/property/2142-old-lewis-rd-johnson-city-tn-37601/id-600027554526/">2142 Old Lewis Rd</a>, <a href="/property/915-e-watauga-ave-johnson-city-tn-37601/id-600040011889/">915 E Watauga Ave</a>, <a href="/property/1904-indian-ridge-rd-johnson-city-tn-37604/id-600029232857/">1904 Indian Ridge Rd</a>, <a href="/property/601-e-fairview-ave-johnson-city-tn-37601/id-600029235433/">601 E Fairview Ave</a>, and 2613 Gilmer St.

$330,000
$2,120,000Est. Payment
-- Beds | -- Baths | 15,906 Sqft

121 Lynn Road, Johnson City, TN 37604

Multi Family For Sale

This home is located at 121 Lynn Road Johnson City, TN 37604 US and has been listed on Homes.com since 17 March 2020 and is currently priced at $2,120,000, approximately $133 per square foot. This property was built in 2000. 121 Lynn Road is within the school district(s) Johnson City Schools with nearby schools including Woodland Elementary School, Liberty Bell Middle School, and 9th Grade Academy. Similar properties nearby are 121 Lynn Rd and <a href="/property/131-alexander-dr-johnson-city-tn-37604/id-600036130252/">131 Alexander Dr</a>.

$11,000
$129,900Est. Payment
-- Beds | -- Baths | -- Sqft

423 Poplar 1/2/3, Johnson City, TN 37604

Multi Family For Sale

This home is located at 423 Poplar 1/2/3 Johnson City, TN 37604 US and has been listed on Homes.com since 25 March 2019 and is currently priced at $129,900. This property was built in 1940. 423 Poplar 1/2/3 is within the school district(s) Johnson City Schools with nearby schools including South Side Elementary School, Liberty Bell Middle School, and 9th Grade Academy. Similar properties nearby are 706 Earl Ct, <a href="/property/423-w-poplar-st-johnson-city-tn-37604/id-600036130589/">423 W Poplar St</a>, <a href="/property/2142-old-lewis-rd-johnson-city-tn-37601/id-600027554526/">2142 Old Lewis Rd</a>, <a href="/property/104-miner-cir-johnson-city-tn-37604/id-600029215381/">104 Miner Cir</a>, 2613 Gilmer St, <a href="/property/911-dean-st-johnson-city-tn-37601/id-600029214021/">911 Dean St</a>, <a href="/property/1830-w-lakeview-dr-johnson-city-tn-37601/id-600029224328/">1830 W Lakeview Dr</a>, <a href="/property/912-westview-cir-johnson-city-tn-37604/id-600029234842/">912 Westview Cir</a>, and <a href="/property/2922-antioch-rd-johnson-city-tn-37604/id-600029228287/">2922 Antioch Rd</a>.

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