948 Anderson St Bristol, TN 37620
Estimated payment $1,825/month
Highlights
- Mountain View
- No HOA
- Window Unit Cooling System
- Traditional Architecture
- Covered Patio or Porch
- Laundry Room
About This Home
Charming 3-Unit Multi-Family Residence in Prime Bristol Location! Perfect for Living, Renting, or Investment! Conveniently located near Downtown Bristol with easy access to The Pinnacle Bristol, the local Hospital, Bristol Motor Speedway, King University, and Steele Creek Park. Property Overview:
Total Bedrooms: 5
Total Bathrooms: 3 full bathrooms
Laundry: Common area laundry facilities
Utilities: Natural gas available, each unit separately metered. Unit Details:
Unit 1: 2 bedrooms, 1 bathroom, kitchen, and dining area.
Unit 2: 1 bedroom, 1 bathroom, kitchen, and living space.
Unit 3: 2 bedrooms, 1 bathroom, kitchen, and living space.
Key Features:
New Roof & Eaves: Recently installed for worry-free living.
New Hot Water Heater: Ensures reliable hot water supply.
Newer Flooring: Mixture of hardwood and other materials, adding character and charm.
Current Leasing Status: All units are fully leased, providing immediate rental income.
Versatile Usage Options:
Primary Residence: Live in one unit and rent the others for additional income.
Investment Property: Ideal for long-term rentals, AirBNB, or VRBO.
Flexible Scenarios: Numerous possibilities to fit your lifestyle and financial goals. This property is an excellent opportunity for investors or homeowners looking to capitalize on rental income in a desirable location. With all units currently leased, you can start earning income immediately. Whether you want to expand your rental portfolio, live in one unit while renting the others, or explore short-term rental opportunities, this multi-family residence offers endless possibilities.
Don't miss out on this incredible investment opportunity! Schedule your showing today to explore all the potential this property holds. All Information is deemed reliable but should be verified by buyer or buyer's agent.
Home Details
Home Type
- Single Family
Year Built
- Built in 1910
Lot Details
- 10,019 Sq Ft Lot
- Level Lot
- Property is in good condition
- Property is zoned Commercial
Home Design
- Traditional Architecture
- Brick Exterior Construction
- Block Foundation
- Shingle Roof
- Asphalt Roof
- Aluminum Siding
Interior Spaces
- 1,696 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Entrance Foyer
- Mountain Views
- Exterior Basement Entry
- Laminate Countertops
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Full Bathrooms
Outdoor Features
- Covered Patio or Porch
Schools
- Anderson Elementary School
- Tennessee Middle School
- Tennessee High School
Utilities
- Window Unit Cooling System
- Space Heater
- Heating System Uses Natural Gas
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 020d J 024.00
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 | -- | $29,640 | $4,840 | $24,800 |
| 2023 | $1,302 | $29,640 | $4,840 | $24,800 |
| 2022 | $1,302 | $29,640 | $4,840 | $24,800 |
| 2021 | $1,302 | $29,640 | $4,840 | $24,800 |
| 2020 | $1,255 | $29,640 | $4,840 | $24,800 |
| 2019 | $1,255 | $26,520 | $4,840 | $21,680 |
| 2018 | $1,249 | $26,520 | $4,840 | $21,680 |
| 2017 | $1,249 | $26,520 | $4,840 | $21,680 |
| 2016 | $1,237 | $25,640 | $4,840 | $20,800 |
| 2014 | $1,169 | $25,652 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/21/2025 11/21/25 | Price Changed | $324,900 | -5.8% | $192 / Sq Ft |
| 06/10/2025 06/10/25 | For Sale | $344,900 | 0.0% | $203 / Sq Ft |
| 05/27/2025 05/27/25 | Off Market | $344,900 | -- | -- |
| 05/20/2025 05/20/25 | Price Changed | $344,900 | -6.8% | $203 / Sq Ft |
| 04/12/2025 04/12/25 | Price Changed | $369,900 | -1.4% | $218 / Sq Ft |
| 10/31/2024 10/31/24 | Price Changed | $375,000 | -6.2% | $221 / Sq Ft |
| 08/30/2024 08/30/24 | Price Changed | $399,900 | -7.0% | $236 / Sq Ft |
| 07/25/2024 07/25/24 | Price Changed | $429,900 | -4.4% | $253 / Sq Ft |
| 05/30/2024 05/30/24 | For Sale | $449,900 | -- | $265 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $35,000 | None Available | |
| Deed | $35,000 | -- | |
| Warranty Deed | $39,900 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $45,000 | No Value Available |
Source: Tennessee/Virginia Regional MLS
MLS Number: 9966479
APN: 020D-J-024.00
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