Apartment Building

New Johnsonville, TN Apartment Buildings for Sale

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24-Unit Garden-Style Apartment Community
Updated: May 12
24-Unit Garden-Style Apartment Community

542 Ashe Avenue, New Johnsonville, TN 37134

$1,879,000
18,720 sqft 1.56 AC lot
24‑unit garden‑style multifamily asset in New Johnsonville, TN on 1.56 acres
All units are 2‑bedroom/1‑bath, each at 780 SF
Approximately $341,520 invested in the past three years, with the majority of units renovated
Remaining renovation upside includes completion of the renovation program and in‑unit washer/dryer installations
Year built: 1969
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Johnsonville, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

Fully Occupied Apartment Building
Fully Occupied Apartment Building

1714 Thistlewood Drive, Clarksville, TN 37042

$879,000
5,255 sqft

Fully occupied apartment building with split-level 3-bedroom units featuring 2 full baths and one-car garages.

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Renovated Downtown Five-Unit Building
Renovated Downtown Five-Unit Building

117 E Wood St, Paris, TN 38242

$485,000
4,501 sqft 0.11 AC lot

Renovated 5-unit apartment building with gated courtyard and private off-street parking in downtown Paris, TN.

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Renovated 28-Unit Apartment Building
Renovated 28-Unit Apartment Building

303 S Poplar St, Paris, TN 38242

$1,800,000

Substantially renovated 28-unit multifamily property with studios, one-bedroom, and two-bedroom units plus additional rear land.

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Townhome Multifamily Community
Townhome Multifamily Community

1720 Thistlewood Dr, Clarksville, TN 37042

Contact for pricing

For sale at 1720 Thistlewood Dr; offers require a non-binding LOI and all cash paid at closing.

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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.

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Prime Development Land, Springfield MO
Prime Development Land, Springfield MO

N West Bypass, Springfield, MO 65802

$2,850,000
29.20 AC lot

29.2 acres of retail-zoned land for mixed-use development.

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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.

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Ocean Springs Highway 90 Land
Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000
143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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New Johnsonville, TN Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in New Johnsonville, TN on our real estate platform. These investment opportunities span a total of 18,720 square feet of properties for sale, with an estimated market value of $1,879,000.

Sale prices for two-family homes in New Johnsonville, TN start at $1,879,000, averaging $1,879,000, and reaching up to $1,879,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 2,922
Population Growth (5Y) -4.2%
Median Household Income $80,343
College Educated 13.5%

Taxes & Financing

Tax Rate (average for all types) 2.43%
Property Tax per SF $68.49 per SF
Average Loan-to-Value 65.0%

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