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    607 E Watauga Ave Johnson City, TN 37601

    For Sale
    $250,000

    MULTI_FAMILY - Bungalow - Johnson City, TN

    Lot size:
    0.16 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 5 at 3:06 pm

    Property Features for 607 E Watauga Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R1
    Rooms
    Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 1, Basement, Bedroom 2, Bathroom 2
    Bedrooms
    3
    APN
    046e B 007.00
    Basement
    Crawl Space
    Appliances
    Range, Refrigerator
    Lot size
    0.16 Acres

    Utilities

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

    Building Details

    Year built
    1930
    Floors in Building
    2
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Bungalow

    SAXON CLARK REAL ESTATE GROUP (423) 765-9118

    Listing agent William Lokar (423) 612-4400 License #TN. 369044, VA 0225266068

    Listing date Nov 5, 2025

    MLS# 9986466 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 Triplex Investment Opportunity

    This is an investment opportunity featuring a fully occupied triplex located close to downtown Johnson City, Tennessee. The property, situated on a 0.16-acre lot, is zoned R1. Each of the three units includes one bedroom and one bath, along with an additional bonus room or office. Unit one, located on the first floor, features a large kitchen and dining space, as well as a large bedroom area that could potentially be divided into two bedrooms. Unit two, also on the first floor, is a one-bedroom unit with an en-suite bath. Unit three, located upstairs, has a large bedroom with two separate doors, which could easily be divided to create a two-bedroom unit. All units are equipped with washer and dryer hook-ups and a dedicated parking space. The units are separately metered for electric, while the property has one water meter.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Johnson City
    County
    Washington
    State
    Tennessee
    Longitude
    -82.3502
    Latitude
    36.327738

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    FAQs

    What type of property is this?
    Triplex - Fully occupied triplex near downtown Johnson City, Tennessee.
    Where is this triplex located?
    The property is located at 607 E Watauga Ave Johnson City, TN.
    What is the asking price?
    The asking price for this property is $250,000.
    What are key features of this property?
    This property features: - Fully occupied triplex offering immediate rental income.; - Close proximity to downtown Johnson City.; - All units have washer and dryer hook-ups.
    (423) 612-4400
    Request Owner's contact information
    607 E Watauga Ave Johnson City, TN 37601
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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
    607 E Watauga Ave Johnson City, TN 37601
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