3411 W Walnut St Johnson City, TN 37604

Building Details

Year Built

1965

Listing office EXP Realty LLC Show Phone

Listing date Jul 4, 2024

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty LLC

Report an issue

---

Investment Insights

Based on property information with market context.

This is a six-unit apartment building located in Johnson City. The property generates $60,240 annually in rental income. There are two 2-bedroom, 1-bath units upstairs, 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, with proximity to downtown, East Tennessee State University (ETSU), and major employers, offering potential for long-term appreciation and increased rent. The property size is 4,125 square feet.

Key Highlights

• Solid cash flow with $60,240 annual rental income.
• Value‑add potential through increased rents (currently below market).
• Six‑unit apartment building.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $650,000

  5,524 SF

  Multi-Level Restaurant and Event Venue

  Three-level restaurant and bar building with a commercial kitchen, outdoor decking, stage, and creek-side setting on 1.84 acres.

  4903 N Roan Street, Johnson City, TN 37615

  View Details
• 

  $1,272,500

  8,120 SF

  Revitalized West Walnut Commercial Space

  Prime commercial space in Johnson City's revitalized West Walnut district.

  718 W Walnut Street, Johnson City, TN 37604

  View Details
• 

  $849,900

  5,292 SF

  Johnson City Commercial Opportunity

  5,200 SF commercial building with high visibility and ample parking.

  3100 N Roan Street, Johnson City, TN 37601

  View Details
• 

  $849,000

  11,104 SF

  Renovated Office Building, Johnson City

  Turn-key 11,104 SF office building in Johnson City, TN.

  2710 S Roan Street, Johnson City, TN 37601

  View Details
• 

  $364,500

  2,470 SF

  Versatile Mixed-Use Property, Johnson City

  Office, apartment, and lots on Milligan Highway.

  1306 Milligan Highway, Johnson City, TN 37601

  View Details
• 

  $665,000

  5,000 SF

  Commercial Warehouse with Gated Yard

  Well-maintained warehouse with large garage door, offices, HVAC, and a gated, fully fenced lot for secure access.

  104 Center Street, Johnson City, TN 37615

  View Details
• 

  $559,900

  3,500 SF

  Remodeled Retail Building with Garage Door

  Remodeled storefront building with brand-new HVAC, updated electrical, and rear loading access for flexible retail or creative use.

  331 W Walnut Street, Johnson City, TN 37604

  View Details
• 

  $650,000

  5,524 SF

  Multi-Use Restaurant and Event Venue

  Visible, creekside three-level facility with full kitchen, bar, and outdoor event space for restaurant, hospitality, or catering use.

  4903 Roan Street, Johnson City, TN 37615

  View Details
• 

  $600,000

  5,000 SF

  Downtown Johnson City Mixed-Use Building

  Two-story, 5000 sq ft mixed-use building in downtown Johnson City.

  140 W Market Street, Johnson City, TN 37604

  View Details
• 

  $5,000,000

  54,295 SF

  Southside Plaza Shopping Center

  Established shopping center with long-term tenants and high occupancy.

  1950 S Roan Street, Johnson City, TN 37601

  View Details
• 

  $1,600,000

  10,991 SF

  Renovated Mixed-Use Income Portfolio

  Renovated 8-unit apartments plus adjacent retail building in B1 zoning on a 1.3-acre lot.

  1412 Knob Creek Road, Johnson City, TN 37604

  View Details
• 

  $325,000

  1,524 SF

  Updated Duplex With Decks

  Two-unit duplex in Johnson City with updated interiors, outdoor decks, and a level yard supported by a gravel parking drive.

  2426 Old Lewis Road, Johnson City, TN 37601

  View Details

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 through increased rents (currently below market).; Six‑unit apartment building.