$344,900
$105K PRICE DROP

948 Anderson St Bristol, TN 37620

Estimated payment $2,014/month

Total Views 3,024
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Traditional Architecture
  • No HOA
  • Balcony
  • Wood Flooring
  • Covered patio or porch
  • Window Unit Cooling System

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: 5Total Bathrooms: 3 full bathroomsLaundry: Common area laundry facilitiesUtilities: 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.

Listing Agent

Dave Smith

A Team Real Estate Professionals License #334591 Listed on: 06/10/2025

Co-Listing Agent

Michael Phillips

A Team Real Estate Professionals License #370680

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1910

Lot Details

  • 10,019 Sq Ft Lot
  • Level Lot
  • Property is in good condition

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Block Foundation
  • Shingle Roof
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 2-Story Property
  • Ceiling Fan
  • Electric Range
  • Laundry Room

Flooring

  • Wood
  • Tile

Outdoor Features

  • Balcony
  • 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
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 020d J 024.00

Property Details

Home Type

Multi-Family

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Directions: Start North on Volunteer Pkwy. turn left onto Windsor Ave. then right onto 10th street, then a right onto Anderson Street. Arrive at 948 Anderson Street on right.
  • Prop. Type: Multi Family
  • Building Stories: 2
  • Year Built: 1910
  • Property Sub Type: Multi Family
  • Co List Office Mls Id: 609
  • Co List Office Phone: 423-726-2260
  • Subdivision Name: Not In Subdivision
  • Architectural Style: Traditional
  • Unit Levels: Two
  • New Construction: No
  • Reso Structure Type: House
  • Location Tax Legal Info Parcel ID: 020d J 024.00
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 0.23
  • General Property Description Zoning2: RE
  • General Property Description Elementary School3: Anderson
  • General Property Description Middle School2: Tennessee Middle
  • General Property Description High School3: Tennessee
  • General Property Description HOA YN: No
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 55 x 193 IRR
  • Appliances Refrigerators: Yes
  • TopographyLot Description Level2: Yes
  • Flooring Hardwood: Yes
  • Flooring Tile2: Yes
  • Roof Shingle: Yes
  • General Property Description Stories2: 2
  • AC Ceiling Fan(s): Yes
  • TopographyLot Description Sloped: Yes
  • Other Rooms Laundry: Yes
  • Foundation Block6: Yes
  • Excluded From Sale A C Window Units: Yes
  • RoofAsphalt: Yes
  • General Property Description # Buildings: 1
  • General Property Description Total Units: 3
  • General Property Description Home Warranty2: No
  • Levels:Two: Yes
  • Style Traditional3: Yes
  • Structure Type:House: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Electric Range, Refrigerator
  • Flooring: Tile, Plank, Hardwood
  • Interior Amenities: Balcony
  • Window Features: Single Pane Windows
  • Appliances:Electric Range: Yes
  • Interior Features Balcony2: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Asphalt, Shingle, See Remarks
  • Acres: 0.23
  • Topography: Sloped, Level
  • Home Warranty: No
  • Construction Type: Aluminum Siding, Block, Brick
  • Foundation Details: Block
  • Patio And Porch Features: Covered, Front Porch
  • Exterior Finish Brick4: Yes
  • PorchPatioDeck Covered: Yes
  • PorchPatioDeck Front Porch: Yes
  • Window Features:Single Pane Windows: Yes
  • Exterior Finish Aluminum Siding: Yes

Utilities

  • Heating: Natural Gas, Space Heater
  • Sewer: Public Sewer
  • Cooling: Ceiling Fan(s), Window Unit(s)
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Natural Gas2: Yes
  • Heating:Space Heater: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Anderson
  • High School: Tennessee
  • Middle Or Junior School: Tennessee Middle

Lot Info

  • Zoning: RE
  • Lot Dimensions: 55 x 193 IRR
  • Lot Size Sq Ft: 10018.8
  • ResoLotSizeUnits: Acres
  • Parcel #: 020d J 024.00

Multi Family

  • Number Of Units Total: 3

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2025 06/10/25 For Sale $344,900 0.0% --
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 -- --
05/27/2025 05/27/25 Off Market $344,900 -- --
05/20/2025 05/20/25 Price Changed $344,900 0.0% --
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 0.0% --
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 0.0% $221 / Sq Ft
10/31/2024 10/31/24 Price Changed $375,000 -6.2% --
08/30/2024 08/30/24 Price Changed $399,900 0.0% $236 / Sq Ft
08/30/2024 08/30/24 Price Changed $399,900 -7.0% --
07/25/2024 07/25/24 Price Changed $429,900 0.0% $253 / Sq Ft
07/25/2024 07/25/24 Price Changed $429,900 -4.4% --
05/30/2024 05/30/24 For Sale $449,900 0.0% $265 / Sq Ft
05/30/2024 05/30/24 For Sale $449,900 -- --
Source: Tennessee/Virginia Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $35,000 None Available
Deed $35,000 --
Warranty Deed $39,900 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $45,000 No Value Available
Source: Public Records

Source: Tennessee/Virginia Regional MLS

MLS Number: 9966478

Tennessee/Virginia Regional MLS

APN: 020D-J-024.00