8-Unit Townhome-Style Apartment
For Sale
$1,115,000
1419 Colony Park Drive, Johnson City, TN 37604
Eight two-bedroom residences provide a mix of occupied and vacant units, with updates in flooring, plumbing, and appliances.
Property Size3,144 SF
Price / SF$354.64
Days on Market12
Property Features for 1419 Colony Park Drive
General Information
Standard status
Active
Size
3,144 SF
Property subtype
Multi Family
Zoning
R 4
Occupancy
88%
Units
Unit Mix
8 x 2BR/1.5BA
Multifamily Units
8
Additional Details
Tenant in Place
Yes
Amenities
Luxury Vinyl
true
Public
158.14 X 249.34 IRR
Satellite Dish
Asphalt
Balcony
Block
3144
Building Details
Building Size
3,144 SF
Year Built
1978
Construction
townhome-style
Listing Agency:
Greater Impact Realty LLC
(423) 973-8634
Listed By:
Toni Drumwright · License #357300
(423) 430-0841
Source:
Greaterimpactrealty
Added: Oct 19
Changed: Oct 28
Last Checked: Oct 28 at 2:59PM
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 Greater Impact Realty LLC
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Investment Insights
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This 3,144-square-foot apartment property contains eight townhome-style units, each configured with two bedrooms and 1.5 baths. The layout places a half bath on the main level and a full bath upstairs. Seven units are occupied, while one is vacant for showings. Updates in many units include flooring, PEX plumbing, and appliances. The building was constructed in 1978 and is zoned R 4.
The property is at 1419 Colony Park Drive in Johnson City. Grocery stores, everyday services, downtown dining and entertainment, East Tennessee State University, Johnson City Medical Center, and the VA Hospital are identified as nearby destinations.
The property is at 1419 Colony Park Drive in Johnson City. Grocery stores, everyday services, downtown dining and entertainment, East Tennessee State University, Johnson City Medical Center, and the VA Hospital are identified as nearby destinations.
Key Highlights
- Eight townhome‑style units, each with 2 bedrooms and 1.5 baths
- 3,144 square feet; built in 1978
- Seven units occupied and one vacant for showings
Property Analytics
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Lease Details
8
Residential units
87.5%
Occupancy
Location Intelligence
Trade Area within ½ mile
65
Businesses Nearby
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Business Placement
Demographics for 37604, TN
37,025
Population
19,334
Households
1.9
Avg Household Size
38
Median Age
39%
College-Educated
89%
High-School Grad
33.0 sq mi
ZIP Area
1,122
Density / Sq Mi
$49,351
Median Household Income
$31,863
Median Earnings
$950
Median Rent
$231,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Eight two-bedroom residences provide a mix of occupied and vacant units, with updates in flooring, plumbing, and appliances.
Where is this apartment building located?
The property is located at 1419 Colony Park Drive Johnson City, TN.
What is the asking price?
The asking price for this property is $1,115,000.
What are key features of this property?
This property features: Eight townhome‑style units, each with 2 bedrooms and 1.5 baths; 3,144 square feet; built in 1978; Seven units occupied and one vacant for showings
