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    311 12Th St Bristol, TN 37620

    For Sale
    $649,999

    Multi-Unit, Historic - Bristol, TN

    Property size:
    6,098 SF
    Lot size:
    0.14 Acres
    Days on Market:
    16
    Last Refresh:
    Dec 5 at 2:06 am

    Property Features for 311 12Th St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    020D M 027.00
    Parking features
    Garage
    Size
    6,098 SF
    Lot size
    0.14 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)

    Building Details

    Year built
    1930
    Year renovated
    1930
    Flooring type
    Hardwood
    Building materials
    Stone, Vinyl Siding
    Architectural style
    Other

    Your Home Sold Guaranteed Realty TN (865) 365-1670 [email protected]

    Listing agent Tannor Giles (865) 365-1670

    Listing date Nov 20, 2025

    MLS# 11576696 Listing URL

    Copyright © 2025 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Bristol Manor - Fourplex

    This commercially zoned, turn-key fourplex is situated in the heart of Bristol, a city experiencing economic and tourism growth. Located on the Greenway and minutes from the Hard Rock Hotel & Casino, the property offers earning potential. The property is currently cash-flowing with long-term leases and is ready to be transitioned into a high-yield furnished rental for traveling nurses, Airbnb guests, or retained as a profitable long-term rental. Built in 1920, this manor boasts over 3,000 square feet and includes original hardwood floors, 10-foot ceilings, plaster walls, and four art deco fireplaces. The property has been upgraded for modern efficiency and security, featuring a new roof, double-paned windows, digital locks, and a cloud-based security system. It is fully furnished and comes with a digital asset. The purchase includes two parcels totaling 0.31 acres. The second commercial city lot offers an opportunity for future expansion, providing flexibility to build another unit, a commercial space, or sell it for a separate profit. The property has a history of high-demand bookings from tourists due to its location near the Hard Rock Casino, downtown Bristol, and the Greenway. The property's furnished status makes it an excellent candidate for the traveling healthcare housing market, with active hospitals and medical centers nearby. The property has an 8.8% cap rate and professional management already in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.194661
    Latitude
    36.591757

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    FAQs

    What type of property is this?
    Quadplex - Commercially zoned, turn-key fourplex in revitalized Bristol location.
    Where is this quadplex located?
    The property is located at 311 12Th St Bristol, TN.
    What is the asking price?
    The asking price for this property is $649,999.
    What are key features of this property?
    This property features: - High Income Potential: Commercially zoned 4-plex is suitable for Airbnb, traveling nurses, or long-term rentals in a booming location near the Hard Rock Hotel & Casino.; - Turn-Key & Cash-Flowing: Fully furnished with professional management, currently generating an 8.8% cap rate for immediate passive income.; - Expansion Opportunity: Includes a second commercial lot, offering potential for future development or resale.
    (865) 365-1670
    Request Owner's contact information
    311 12Th St Bristol, TN 37620
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    Bristol, TN 37620
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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
    311 12Th St Bristol, TN 37620
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