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    3411 W Walnut St Johnson City, TN 37604

    For Sale
    $674,999

    MULTI_FAMILY - Other - Johnson City, TN

    Lot size:
    0.38 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 14 at 7:06 pm

    Property Features for 3411 W Walnut St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Rooms
    Bedroom 3, Bedroom 6, Bedroom 8, Bathroom 3, Bedroom 1, Bathroom 4, Bathroom 1, Bedroom 5, Bathroom 2, Bedroom 7, Bedroom 4, Bedroom 2
    Bedrooms
    8
    APN
    053o B 006.00
    Appliances
    Range, Refrigerator
    Lot size
    0.38 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1965
    Floors in Building
    2
    Number of units
    6
    Flooring type
    Tile
    Building materials
    Brick, Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    True North Real Estate (423) 210-4155

    Listing agent Matthew McCrory (423) 557-7839 License #347285

    Listing date Nov 19, 2025

    MLS# 9979408 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

    Johnson City Multifamily Investment Opportunity

    This is a six-unit apartment building located in Johnson City. The property is currently generating $60,240 annually in rental income. The building consists of two 2-bedroom, 1-bath units on the upper level, two 2-bedroom, 1-bath units on the main level, and two 1-bedroom, 1-bath units on the lowest level at the back of the building. All units feature tile flooring, fresh paint, and newer appliances. The property is centrally located near downtown, East Tennessee State University (ETSU), and major employers. The lot size is 0.38 acres. The property is zoned for commercial use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy Wholesale Shop Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.41843
    Latitude
    36.297909

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    FAQs

    What type of property is this?
    Apartment building - Six-unit apartment building with value-add potential in Johnson City.
    Where is this apartment building located?
    The property is located at 3411 W Walnut St Johnson City, TN.
    What is the asking price?
    The asking price for this property is $674,999.
    What are key features of this property?
    This property features: - Solid cash flow with $60,240 annual rental income.; - Value-add potential with below-market rents.; - Six-unit apartment building with a mix of 2-bed/1-bath and 1-bed/1-bath units.
    (423) 557-7839
    Request Owner's contact information
    3411 W Walnut St Johnson City, TN 37604
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    Johnson City, TN 37604
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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
    3411 W Walnut St Johnson City, TN 37604
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