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    115 Townview Est Dr Elizabethton, TN 37643

    Pending
    For Sale
    $435,000

    MULTI_FAMILY - Elizabethton, TN

    Property size:
    3,327 SF
    Lot size:
    0.38 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 115 Townview Est Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Window features
    Double Pane Windows
    Zoning
    Residential
    Rooms
    Bedroom 3, Bedroom 7, Bedroom 8, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 4, Bathroom 1, Bathroom 3, Basement, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 9
    Bedrooms
    9
    APN
    040c A 001.02
    Interior features
    Entrance Foyer
    Exterior features
    Balcony
    Basement
    Crawl Space
    Appliances
    Electric Range, Refrigerator
    Size
    3,327 SF
    Lot size
    0.38 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Heat Pump, Central Air
    Water source
    Public

    Building Details

    Year built
    1978
    Floors in Building
    2
    Number of units
    4
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    Greater Kingsport Realty (423) 433-6500 [email protected]

    Listing agent Elizabeth Whittemore (423) 406-5500 License #351128

    Listing date Oct 25, 2025

    MLS# 9985886 Listing URL

    Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Well-Maintained Four-Unit Apartment Building

    This well-maintained four-unit apartment building presents an investment opportunity. Each unit features a spacious layout. Unit 3 was fully renovated in 2022 with modern finishes. A new roof and gutters were installed in 2022. The property is conveniently located near shopping, dining, and major roadways. It is located 20 minutes from ETSU, 15 minutes to Milligan University, 22 minutes to JCMC and 11 minutes to Sycamore Shoals Hospital. Updates enhance long-term value, including a new room, new septic system, new HVAC in Unit 1, and new duct work in the crawl space. A new fence is being installed to protect the yard. The property is located on a 0.38-acre lot. The building size is 3,327 square feet. This property combines income potential with recent improvements, making it a great addition to any portfolio. Located at 115 Townview Estates Drive, Elizabethton, TN 37643, this property is a smart buy in the growing Tri-Cities market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Elizabethton
    County
    Carter
    State
    Tennessee
    Longitude
    -82.260251
    Latitude
    36.35519

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    FAQs

    What type of property is this?
    Quadplex - Four-unit apartment building with strong rental potential and recent renovations.
    Where is this quadplex located?
    The property is located at 115 Townview Est Dr Elizabethton, TN.
    What is the asking price?
    The asking price for this property is $435,000.
    What are key features of this property?
    This property features: - Strong rental income potential with 4 individual units.; - Unit 3 **fully renovated in 2022 with modern finishes.**; - New roof and gutters installed in 2022.
    (423) 406-5500
    Request Owner's contact information
    115 Townview Est Dr Elizabethton, TN 37643
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115 Townview Est Dr Elizabethton, TN 37643
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