311 12th Street Bristol, TN 37620
- Added:
- Mar 9, 2026
- Days on Market:
- 24
- Last Refresh:
- Apr 1 at 4:06 pm
Property Features for 311 12th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- Com
- Bedrooms
- 4
- Bathrooms
- 4
- Rooms
- Bedroom 4, Basement, Bathroom 1, Bathroom 3, Bathroom 4, Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2
- Parking features
- Driveway, RV
- Security features
- Security Lighting
- Window features
- Window Treatments, Double Pane Windows
- Patio and Porch features
- Porch, Deck
- Interior features
- Remodeled, Restored, Walk-In Closet(s)
- Fencing
- Privacy
- Fireplace
- 1
- Basement
- Walk-Out Access, Exterior Entry
- Appliances
- Electric Range, Refrigerator
- Standard status
- Active
- APN
- 020d M 027.00
- Lot size
- 0.14 Acres
Taxes and HOA fees
- TaxAnnualAmount
- 1299
Utilities
- Utilities
- Natural Gas Available
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Baseboard
- Cooling system
- Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Hardwood
- Building materials
- Stone, Vinyl Siding, Plaster
- Roof type
- Composition, Shingle
- Architectural style
- Colonial
Listing agent Richard Shinault License #312615, 0225183381 (423) 366-5511
Listing office KW Bristol 930 Shelby St, Bristol, TN (423) 225-2703
Listing date Mar 9, 2026
MLS# 9992072
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
Bristol Multifamily Property with Income Potential
This multifamily property, located in the heart of Bristol, TN, features four units currently rented long term for $1,295 per month each. Each renter is responsible for their own electric bills, while the owner covers sewer, trash, and water at a cost of $100 per month. The property generates a gross income of $62,160 and a net income of $58,000, representing a 10% Cap ROI. The property is approved for use as a Bed and Breakfast and comes with a website. It is also approved for transitional housing, with a potential income of $1,000 per month per room. The building features stone that was also used in the Brooklyn Bridge. Upgrades include new windows, a new roof, and updated plumbing and electric systems. There is potential to build another multi-unit complex on an extra lot located on the corner of Windsor and 12th St. The lot size is 0.14 acres.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Quadplexes
Location Insight
- Map
- Local Demand
- City
- Bristol
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.1947
- Latitude
- 36.591724
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Multifamily property in Bristol, TN with income and development potential.
Where is this quadplex located?
The property is located at 311 12th Street Bristol, TN.
What is the asking price?
The asking price for this property is $599,900.
What are key features of this property?
This property features: High Income Potential: Generating $62,160 gross annually from 4 units, with a 10% Cap Rate ROI.; Versatile Investment: Approved for Bed and Breakfast operation (with existing website) and transitional housing.; Move‑in Ready: Features new windows, new roof, and updated plumbing and electrical systems.
