Search
Occupied Two-Story Quadplex
For Sale
$450,000

150 Joe Hale Drive -, Johnson City, TN 37615

Fully occupied apartment property with stacked flats arranged across two levels.

Property SizeContact for details
Days on Market14

Property Features for 150 Joe Hale Drive -

General Information

Standard status Active
Property subtype Multi-Family
Occupancy 100%

Additional Details

Gross Income $39,540
Multifamily Units 4

Building Details

Year Built 1961
Stories 2
Listing Agency: Lefemine Commercial Properties, LLC
Listed By: David Lefemine · License #214589
Source: Thecolinandcarlygroup
Added: Aug 19 Changed: Aug 30 Last Checked: Aug 31 at 7:44PM

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 Lefemine Commercial Properties, LLC

Investment Insights

Based on property information with market context.

This four-unit apartment property is configured as a two-story quadplex, with two residences on the lower level and two upstairs. The building was constructed in 1961 and is fully occupied.

The property is located at 150 Joe Hale Drive in Johnson City, Tennessee. Landlord-paid operating items include lawn care, electric service, and water, while residents are responsible for their own electric, telephone, and CATV expenses.

The stacked-flat layout provides a straightforward four-residence configuration within a two-level building. Rent-roll documentation is available for review, and unit showings are subject to the property being under contract.

Key Highlights

  • Four‑unit apartment property with two residences on each level
  • Two‑story stacked‑flat configuration
  • Fully occupied at present

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Law Firm Big Box & Wholesale Store Building Supply Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

92
Businesses Nearby

Demographics for 37615, TN

22,151
Population
9,946
Households
2.2
Avg Household Size
43
Median Age
40%
College-Educated
95%
High-School Grad
37.6 sq mi
ZIP Area
589
Density / Sq Mi
$75,556
Median Household Income
$43,758
Median Earnings
$966
Median Rent
$261,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Fully occupied apartment property with stacked flats arranged across two levels.
Where is this quadplex located?
The property is located at 150 Joe Hale Drive - Johnson City, TN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit apartment property with two residences on each level; Two‑story stacked‑flat configuration; Fully occupied at present
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message