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    175 Scenic Apt Rd Unicoi, TN 37692

    Sponsored
    For Sale
    $800,000

    MULTI_FAMILY - Unicoi, TN

    Lot size:
    1.00 Acre
    Days on Market:
    113
    Last Refresh:
    Jan 5 at 3:06 pm

    Property Features for 175 Scenic Apt Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Window features
    Double Pane Windows
    Zoning
    R
    Rooms
    Bedroom 6, Bedroom 2, Dining Room, Bedroom 7, Bedroom 5, Bathroom 2, Bathroom 5, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bedroom 4
    Bedrooms
    7
    APN
    019 030.07
    Interior features
    Kitchen/Dining Combo, Laminate Counters, Remodeled
    Appliances
    Dishwasher, Electric Range, Refrigerator
    Lot size
    1.00 Acre

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1998
    Floors in Building
    2
    Number of units
    5
    Flooring type
    Laminate
    Building materials
    Vinyl Siding
    Roof type
    Metal

    VIP HOME REALTY (317) 691-5390

    Listing agent Michael Baker (423) 948-7661 License #333409

    Listing date Sep 15, 2025

    MLS# 9985782 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

    Unicoi Multifamily Investment Opportunity

    This is a five-unit apartment complex located in Unicoi, Tennessee. The property features a mix of three one-bedroom apartments and two two-bedroom apartments. Four of the five units have been recently remodeled. The property is located at 175 Scenic Apartment Road in the 37692 postal code area. Situated in Unicoi, tenants have access to local amenities, outdoor recreation, and commutes to Johnson City, Erwin, and surrounding communities. The property is zoned R. The lot size is 1 acre.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Map

    City
    Unicoi
    County
    Unicoi
    State
    Tennessee
    Longitude
    -82.252664
    Latitude
    36.175467

    Nearby Similar for Sale

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    • $3,600,000
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      Move-in Ready Industrial Building

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    FAQs

    What type of property is this?
    Apartment building - Five-unit apartment complex with strong rental potential in Unicoi, TN.
    Where is this apartment building located?
    The property is located at 175 Scenic Apt Rd Unicoi, TN.
    What is the asking price?
    The asking price for this property is $800,000.
    What are key features of this property?
    This property features: - 5-unit apartment complex offering immediate rental income potential.; - Desirable unit mix: three 1-bedroom and two 2-bedroom apartments.; - Four out of five units have been **recently remodeled with modern updates**.
    (423) 948-7661
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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
    175 Scenic Apt Rd Unicoi, TN 37692
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