1308 Knob Creek Rd Johnson City, TN 37604
Estimated payment $8,762/month
Highlights
- No HOA
- Cooling Available
- Carpet
- Woodland Elementary School Rated A
- Level Lot
- Heat Pump System
About This Home
Discover an exceptional investment opportunity in the heart of Johnson City with this charming and well-maintained 12-unit apartment complex on Knob Creek Road. Perfectly positioned near ETSU, the VA, Mountain Home, Med Center, popular shopping centers, restaurants, and major commuter routes, this property offers the unbeatable convenience today's renters seek—making it a highly appealing choice for both investors and tenants. Each unit welcomes you with a cozy tiled entryway that opens into thoughtfully designed living spaces featuring a blend of durable LVP flooring and soft, comfortable carpet. Kitchens come fully equipped with appliances, providing a clean and functional layout for everyday living. Sleek, modern bathrooms and generously-sized bedrooms elevate the comfort level, while the impressive closet storage ensures tenants have all the space they need. The property also features a spacious parking lot designed to accommodate residents and guests with ease—an attractive amenity that adds to the overall appeal of the complex. With its desirable location, updated finishes, and strong rental potential, this property is truly a standout opportunity in one of Johnson City's most convenient and thriving areas. Whether you're expanding your portfolio or seeking a reliable income-producing asset, this 12-unit complex delivers a rare blend of charm, functionality, and long-term value. Don't miss the chance to own a multi-family property in such a sought-after location.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $5,533
Year Built
- Built in 1973
Lot Details
- Lot Dimensions are 80x92x494x498
- Property is in average condition
Home Design
- Brick Exterior Construction
- Slab Foundation
- Shingle Roof
Interior Spaces
- 2-Story Property
- Insulated Windows
Kitchen
- Electric Range
- Dishwasher
Flooring
- Carpet
- Laminate
Schools
- Woodland Elementary School
- Liberty Bell Middle School
- Science Hill High School
Utilities
- Cooling Available
- Heat Pump System
Community Details
- No Home Owners Association
- 4 Units
Listing and Financial Details
- Assessor Parcel Number 046i E 006.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $5,533 | $323,560 | $30,080 | $293,480 |
| 2023 | $5,149 | $239,480 | $0 | $0 |
| 2022 | $3,309 | $191,280 | $20,560 | $170,720 |
| 2021 | $7,422 | $191,280 | $20,560 | $170,720 |
| 2020 | $7,384 | $191,280 | $20,560 | $170,720 |
| 2019 | $3,938 | $191,280 | $20,560 | $170,720 |
| 2018 | $7,066 | $165,480 | $20,560 | $144,920 |
| 2017 | $7,066 | $165,480 | $20,560 | $144,920 |
| 2016 | $7,032 | $165,480 | $20,560 | $144,920 |
| 2015 | $6,371 | $165,480 | $20,560 | $144,920 |
| 2014 | $5,957 | $165,480 | $20,560 | $144,920 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | For Sale | $1,575,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,050,000 | Commonwealth Title Services | |
| Warranty Deed | $450,000 | -- | |
| Quit Claim Deed | $500 | -- | |
| Warranty Deed | $410,000 | -- | |
| Deed | $67,500 | -- | |
| Warranty Deed | $239,500 | -- | |
| Warranty Deed | $47,300 | -- | |
| Warranty Deed | $157,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,050,000 | New Conventional | |
| Previous Owner | $350,000 | Commercial | |
| Previous Owner | $350,000 | Commercial | |
| Previous Owner | $13,500 | Commercial |
Source: Tennessee/Virginia Regional MLS
MLS Number: 9988522
APN: 046I-E-006.00
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