Advertise
    Johnson City, TN
    Apartment Building

    Johnson City, TN Apartment Buildings for Sale

    Notify Me
    List
    Map
    Jonesborough, TN Unicoi, TN Elizabethton, TN Butler, TN Piney Flats, TN Watauga, TN Hampton, TN Bluff City, TN
    Johnson City Multifamily Investment Opportunity
    Updated: Jul 4, 2024
    Johnson City Multifamily Investment Opportunity

    3411 W Walnut St, Johnson City, TN 37604

    $674,999
    4,125 sqft
    Solid cash flow with $60,240 annual rental income.
    Value‑add potential through increased rents (currently below market).
    Six‑unit apartment building.
    Central location near downtown, ETSU, and major employers.
    Unit mix: 2 - (2 bed/1 bath) upstairs, 2 - (2 bed/1 bath) main level, 2 - (1 bed/1 bath) lowest level.
    View details

    This listing looks promising.

    Here's a quick look at some key insights for

    3411 W Walnut St, Johnson City, TN 37604

    View Property Analytics

    • Est. Cap Rate

      3.5%
      NOI ÷ price

    • Est. NOI

      $23K
      Annual

    • Price @ 7% Cap

      $333K
      Suggested

    • Property Type

      Apartments (Generic)
      Built 1965
    View Property Analytics
    Johnson City Multifamily Investment Opportunity
    Updated: Apr 27
    Johnson City Multifamily Investment Opportunity

    1419 Colony Park Drive, Johnson City, TN 37604

    $1,219,000
    3,144 sqft
    8‑unit multifamily complex with eight 2‑bedroom, 1.5‑bath townhome‑style units
    Unit occupancy: 7 units occupied; 1 unit intentionally left vacant for showings
    Many units updated with new flooring, PEX plumbing, and updated appliances
    Heating and cooling provided by heat pump system
    Public utilities: public water and public sewer
    View details
    Brick 10-Unit Apartment Building
    Brick 10-Unit Apartment Building

    2820 2822 Plymouth Road, Johnson City, TN 37601

    $1,250,000

    10 one-bedroom, one-level units with vaulted living areas and a low-maintenance brick exterior in Johnson City, TN.

    View details
    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 3 Active listings in Johnson City, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Apartment Community
    Multifamily Apartment Community

    3300 Boones Creek Village Court, Jonesborough, TN 37659

    $16,500,000
    87,584 sqft

    89-unit multifamily community with approved plans to add 15 units in Boone’s Creek corridor.

    View details
    Highway 75 Commercial Opportunity
    Highway 75 Commercial Opportunity

    3450-3460 highway 75, Kingsport, TN 37663

    $949,000
    10,000 sqft 7.69 AC lot

    Income-producing property with high visibility and development potential.

    View details
    Unicoi Multifamily Investment Opportunity
    Unicoi Multifamily Investment Opportunity

    175 Scenic Apartment Road, Unicoi, TN 37692

    $800,000
    1.00 AC lot

    Five-unit apartment complex with strong rental potential in Unicoi, TN.

    View details
    Highway 75 Commercial Opportunity
    Highway 75 Commercial Opportunity

    3460 TN-75, Kingsport, TN 37663

    $949,000
    5,000 sqft 7.69 AC lot

    Income-producing commercial property on Highway 75 in Kingsport, Tennessee.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    View details
    Greenville Development Opportunity: 1.33 Acres
    Greenville Development Opportunity: 1.33 Acres

    71 Salters Road, Greenville, SC 29607

    $699,900
    1.33 AC lot

    1.33 acre parcel suitable for multi-family development near downtown.

    View details
    Land Near Shepherd University
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

    View details
    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    View details

    Off-Market Properties in Johnson City, TN

    Consider similar Off-Market properties in Johnson City, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    105 Mayflower Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    105 Mayflower Rd, Johnson City, TN 37601-9266

    Value Estimation by Request
    12,732 sqft 0.88 AC lot
    View details
    1342 Milligan Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    1342 Milligan Hwy, Johnson City, TN 37601-6440

    Value Estimation by Request
    2,432 sqft 110.00 AC lot
    View details
    Wilee Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    Wilee Rd, Johnson City, TN 37601

    $645,000
    Estimated value
    6,396 sqft 30.60 AC lot
    View details
    101 Mayflower Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    101 Mayflower Rd, Johnson City, TN 37601

    $715,000
    Estimated value
    11,720 sqft 1.67 AC lot
    View details
    2907 Plymouth Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    2907 Plymouth Rd, Johnson City, TN 37601-5436

    Value Estimation by Request
    6,225 sqft 1.99 AC lot
    View details
    3130 Rocky Top Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    3130 Rocky Top Rd, Johnson City, TN 37601-5637

    Value Estimation by Request
    6,836 sqft 7.06 AC lot
    View details
    337 Old Milligan Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    337 Old Milligan Hwy, Johnson City, TN 37601-8706

    Value Estimation by Request
    3,168 sqft 140.00 AC lot
    View details
    1484 Milligan Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    1484 Milligan Hwy, Johnson City, TN 37601-5538

    Value Estimation by Request
    3,360 sqft 2.00 AC lot
    View details
    Plymouth
    APARTMENT HOUSE (UNDER 5 UNITS)

    Plymouth, Johnson City, TN 37601

    Value Estimation by Request
    2,739 sqft 1.07 AC lot
    View details
    1308 Patrick Dr
    Multifamily properties

    1308 Patrick Dr, Johnson City, TN 37601

    Value Estimation by Request
    View details
    705 Lehigh St
    Multifamily properties

    705 Lehigh St, Johnson City, TN 37604

    Value Estimation by Request
    0.14 AC lot
    View details
    405 Christian Church Rd
    Multifamily properties

    405 Christian Church Rd, Johnson City, TN 37615

    Value Estimation by Request
    3.26 AC lot
    View details
    6125 Kingsport Hwy
    Multifamily properties

    6125 Kingsport Hwy, Johnson City, TN 37615

    Value Estimation by Request
    1.25 AC lot
    View details
    1315 Indian Ridge Rd
    Multifamily properties

    1315 Indian Ridge Rd, Johnson City, TN 37604

    Value Estimation by Request
    2.10 AC lot
    View details
    Land On Bobby Hicks Hwy
    Individual retail properties

    0 Land On Bobby Hicks Hwy, Johnson City, TN 37615

    Value Estimation by Request
    1.90 AC lot
    View details
    5700 Bobby Hicks Hwy
    Individual retail properties

    5700 Bobby Hicks Hwy, Johnson City, TN 37615

    Value Estimation by Request
    1.00 AC lot
    View details
    346 Old Gray Station Rd
    Multifamily properties

    346 Old Gray Station Rd, Gray, TN 37615

    Value Estimation by Request
    2.44 AC lot
    View details
    Tbd Peoples St
    Individual retail properties

    0 Tbd Peoples St, Johnson City, TN 37604

    Value Estimation by Request
    10.00 AC lot
    View details
    3411 Walnut St
    Multifamily properties

    3411 Walnut St, Johnson City, TN 37604

    Value Estimation by Request
    4,125 sqft 0.39 AC lot
    View details
    110 Milligan Vw Rd
    APARTMENT HOUSE (UNDER 5 UNITS)

    110 Milligan Vw Rd, Johnson City, TN 37601-6446

    Value Estimation by Request
    7,026 sqft 100.00 AC lot
    View details
    1547 Milligan Hwy
    APARTMENT HOUSE (UNDER 5 UNITS)

    1547 Milligan Hwy, Johnson City, TN 37601

    Value Estimation by Request
    11,232 sqft 210.00 AC lot
    View details

    Johnson City, TN Apartment Buildings Market Trends and Statistics

    Explore 26 apartment buildings for sale in Johnson City, TN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 7,269 square feet of properties for sale, with an estimated market value of $1,893,999.

    Sale prices for two-family homes in Johnson City, TN start at $674,999, averaging $946,999, and reaching up to $1,219,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
    Map

    Demographics Overview

    Population 102K
    Population Growth (5Y) +5.2%
    Median Household Income $55,298
    College Educated 39.0%

    High-Yield Neighborhoods for Investment

    Identify Johnson City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37604 $1M
    37601 $1.8M

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

    Property Size Breakdown

    The majority of commercial real estate listings in Johnson City fall within the 10,000 to 25,000 square foot range.

    Need Help?

    Reach out if you need assistance with Realmo tools or have questions about your listings

    Contact Us

    Popular Searches in Johnson City, TN

    Popular Categories

    Most Searched ZIP Codes in Johnson City, TN

    • 37604
    • 37601

    Select Neighborhood

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!