Apartment Building with Renovation
New
For Sale
$749,900
116 Highland Avenue, Church Hill, TN 37642
Commercial Sale, Church Hill, TN
Property Size2,304 SF
Price / SF$325.48
Days on Market3
Property Features for 116 Highland Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-1
Parking
10
Subdivision
Not Listed
Directions
Follow US-11W from Kingsport to Silver Lake Rd. Turn Right on Silver Lake Rd. Turn Left onto East Main Blvd. Follow to Highland Ave. Turn Left on Highland Avenue and property is at the top of the Hill. See sign
Standard status
Active
APN
044a B 02600 000
Size
2,304 SF
Taxes and HOA fees
Tax Annual Amount
3222
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating)
Cooling system
Heat Pump
Water source
Public
Building Details
Year built
1978
Building materials
Brick
Roof type
Shingle, Composition
Listing Agency:
KW Bristol
(423) 225-2703
Listed By:
Dawn Shinault · License #339074, 0225231966
(423) 845-0629
Added: Oct 22
Last Checked: Oct 24 at 7:06AM
MLS# 10002433
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.
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Investment Insights
Based on property information with market context.
Built in 1978, this brick apartment property includes eight one-bedroom, one-bath units, each approximately 576 square feet. The apartments have new paint and newer flooring; some also have newer appliances. The roof was replaced in 2020, and the upstairs access steps and decking have been renewed. Separate electric meters serve the units, with heat pump systems for heating and cooling.
The rear portion contains 2,304 square feet of unfinished and partly finished area. It includes a two-bedroom, one-and-a-half-bath unit requiring renovation, a framed one-bedroom, one-bath unit, and space designated for on-site laundry. Zoning is R-1. Public water and sewer serve the property; the owner currently covers water, lawn care, and trash.
The rear portion contains 2,304 square feet of unfinished and partly finished area. It includes a two-bedroom, one-and-a-half-bath unit requiring renovation, a framed one-bedroom, one-bath unit, and space designated for on-site laundry. Zoning is R-1. Public water and sewer serve the property; the owner currently covers water, lawn care, and trash.
Key Highlights
- Eight one‑bedroom, one‑bath apartments, each approximately 576 square feet
- 2,304 square feet of rear unfinished and partly finished space
- Rear area includes a two‑bedroom, one‑and‑a‑half‑bath unit requiring renovation and a framed one‑bedroom unit
Property Analytics
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Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
172
Businesses Nearby
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Business Placement
Demographics for 37642, TN
15,041
Population
6,989
Households
2.2
Avg Household Size
46
Median Age
16%
College-Educated
91%
High-School Grad
56.2 sq mi
ZIP Area
268
Density / Sq Mi
$63,963
Median Household Income
$38,963
Median Earnings
$923
Median Rent
$178,000
Median Home Value
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Market
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight one-bedroom apartments are complemented by rear space in varying stages of completion.
Where is this apartment building located?
The property is located at 116 Highland Avenue Church Hill, TN.
What is the asking price?
The asking price for this property is $749,900.
What are key features of this property?
This property features: Eight one‑bedroom, one‑bath apartments, each approximately 576 square feet; 2,304 square feet of rear unfinished and partly finished space; Rear area includes a two‑bedroom, one‑and‑a‑half‑bath unit requiring renovation and a framed one‑bedroom unit
