Multifamily and Commercial Investment
1412 Knob Creek Road, Johnson City, TN 37604
MULTI_FAMILY - Johnson City, TN
Property size:
10,991 SFLot size:
1.30 AcresPrice / SF:
$145/SF- Added:
- Jan 20, 2026
- Days on Market:
- 114
- Last Refresh:
- May 14 at 6:06 pm
Property Features for 1412 Knob Creek Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- B1
- Bedrooms
- 16
- Bathrooms
- 11
- Rooms
- Bedroom 11, Bedroom 9, Bedroom 15, Bathroom 2, Bathroom 9, Bathroom 10, Bathroom 4, Bedroom 10, Bedroom 7, Bedroom 12, Bedroom 6, Bathroom 5, Dining Room, Bathroom 1, Bathroom 11, Bedroom 13, Bedroom 1, Bedroom 16, Bedroom 8, Bathroom 8, Bathroom 7, Bathroom 6, Bedroom 5, Bathroom 3, Bedroom 4, Bedroom 3, Bedroom 14, Bedroom 2
- Window features
- Double Pane Windows
- Interior features
- Kitchen/Dining Combo, Restored
- Standard status
- Active
- APN
- 046i E 013.00
- Size
- 10,991 SF
- Lot size
- 1.30 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1016
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Ceiling Fan(s), Central Air
- Water source
- Public
Building Details
- Year built
- 1965
- Floors in Building
- 2
- Number of units
- 9
- Flooring type
- Laminate, Carpet
- Building materials
- Brick, Vinyl Siding
Listing agent Jay Goodson License #329807 (423) 612-3035
Listing office REMAX Checkmate, Inc. Realtors 904 Sunset Drive Suite 1, TN (423) 282-0432
Listing date Jan 20, 2026
MLS# 9990357
Listing URL
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.
HighLights
- High potential income with Proforma NOI of $164,936 from commercial space rental.
- Multifamily and Commercial property featuring 8 renovated apartment units and a 4748 sq ft commercial building.
- Newly renovated apartments boast new kitchens, decking, siding, roofs, plumbing, and restored interiors.
- Apartments are being subdivided into condos on approximately one acre of land.
- Each apartment unit includes washer/dryer hookups.
- Centrally located near shopping and schools.
Overview
This portfolio includes an eight-unit multifamily property with two-bedroom, one-bath units renting for $1250 per month, and an adjacent 4748-square-foot commercial building with a new roof and renovated exterior. The properties are being sold together. The multifamily units have washer and dryer hookups. Renovations have been completed throughout the exterior of the apartments, including siding, roof, plumbing, damaged walls, new kitchens, and decking. The 1.3-acre property is centrally located near shopping and schools. Subdividing of the apartments from new condos is underway, which will place the eight units on approximately one acre of land with a large backyard area. The property is zoned B1. The proforma gross income is $164,936 per year, based on filling all units and commercial space at $10/NNN. The multifamily property is being renovated and re-filled, with four units recently completed. The commercial building, formerly the Old Norris Bicycle building, offers an opportunity to house a business or lease out. The total property size is 10,991 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Norris Bicycles
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Johnson City
- County
- Washington
- State
- Tennessee
- Longitude
- -82.381146
- Latitude
- 36.323276
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Multifamily and commercial building for sale in Johnson City.
Where is this mixed-use property located?
The property is located at 1412 Knob Creek Road Johnson City, TN.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: High potential income with Proforma NOI of $164,936 from commercial space rental.; Multifamily and Commercial property featuring 8 renovated apartment units and a 4748 sq ft commercial building.; Newly renovated apartments boast new kitchens, decking, siding, roofs, plumbing, and restored interiors.
