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1412 Knob Creek Road Johnson City, TN 37604

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For Sale
$1,600,000

MULTI_FAMILY - Johnson City, TN

Property size:
10,991 SF
Lot size:
1.30 Acres
Price / SF:
$145/SF
Added:
Jan 20, 2026
Days on Market:
95
Last Refresh:
Apr 25 at 6:06 am

Property Features for 1412 Knob Creek Road

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
B1
Bedrooms
16
Bathrooms
11
Rooms
Bathroom 1, Bathroom 6, Bedroom 8, Bedroom 1, Bathroom 8, Bedroom 12, Bedroom 6, Bedroom 9, Bathroom 2, Bathroom 9, Dining Room, Bedroom 15, Bathroom 5, Bathroom 10, Bedroom 3, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 7, Bedroom 2, Bathroom 7, Bedroom 4, Bedroom 11, Bathroom 11, Bedroom 10, Bedroom 14, Bedroom 16, Bedroom 13
Window features
Double Pane Windows
Interior features
Kitchen/Dining Combo, Restored
Standard status
Active
APN
046i E 013.00
Size
10,991 SF
Lot size
1.30 Acres

Taxes and HOA fees

Tax Annual Amount
1016

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Ceiling Fan(s)
Water source
Public

Building Details

Year built
1965
Floors in Building
2
Number of units
9
Flooring type
Laminate, Carpet
Building materials
Brick, Vinyl Siding

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Listing Contact
Jay Goodson

Listing agent Jay Goodson License #329807

Listing office REMAX Checkmate, Inc. Realtors 904 Sunset Drive Suite 1, TN

Listing date Jan 20, 2026

MLS# 9990357 Listing URL

Copyright © 2026 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

Multifamily and Commercial Investment Opportunity

This portfolio includes an eight-unit multifamily property with two-bedroom, one-bath units renting for $1250 per month, and an adjacent 4748-square-foot commercial building with a new roof and renovated exterior. The properties are being sold together. The multifamily units have washer and dryer hookups. Renovations have been completed throughout the exterior of the apartments, including siding, roof, plumbing, damaged walls, new kitchens, and decking. The 1.3-acre property is centrally located near shopping and schools. Subdividing of the apartments from new condos is underway, which will place the eight units on approximately one acre of land with a large backyard area. The property is zoned B1. The proforma gross income is $164,936 per year, based on filling all units and commercial space at $10/NNN. The multifamily property is being renovated and re-filled, with four units recently completed. The commercial building, formerly the Old Norris Bicycle building, offers an opportunity to house a business or lease out. The total property size is 10,991 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Norris Bicycles (Bike/Boat/Book/etc) Store

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Johnson City
County
Washington
State
Tennessee
Longitude
-82.381146
Latitude
36.323276

FAQs

What type of property is this?
Mixed-use property - Multifamily and commercial building for sale in Johnson City.
Where is this mixed-use property located?
The property is located at 1412 Knob Creek Road Johnson City, TN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High potential income with Proforma NOI of $164,936 from commercial space rental.; Multifamily and Commercial property featuring 8 renovated apartment units and a 4748 sq ft commercial building.; Newly renovated apartments boast new kitchens, decking, siding, roofs, plumbing, and restored interiors.
More about this property
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