Three-Unit Triplex
New
For Sale
$449,000
3536/3538 W Walnut Street, Johnson City, TN 37604
Multi Family, Johnson City, TN
Property Size1,764 SF
Lot Size1.11 Acres
Price / SF$254.54
Days on Market1
Property Features for 3536/3538 W Walnut Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
residential
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 1, Bedroom 5, Bathroom 3, Bedroom 4, Dining Room, Bedroom 6, Bathroom 1, Bedroom 3, Bathroom 2, Bathroom 4, Bedroom 2
Parking features
Driveway
Patio and Porch features
Porch, Patio
Interior features
Kitchen/Dining Combo, Laminate Counters, Open Floorplan, Remodeled
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Elementary school
Jonesborough
Middle school
Jonesborough
High school
David Crockett
Directions
From State of Franklin, take W Walnut Street for approximately 3 miles. Property will be on the right. GPS friendly. NO SIGN
Standard status
Active
APN
053j A 015.00
Size
1,764 SF
Lot size
1.11 Acres
Taxes and HOA fees
Tax Annual Amount
892
Utilities
Utilities
Natural Gas Available
Sewer type
Septic Tank
Heating system
Heat Pump (Heating)
Cooling system
Ceiling Fan(s), Heat Pump
Water source
Public
Building Details
Year built
1940
Floors in Building
1
Number of units
3
Flooring type
Concrete, Tile, Laminate
Building materials
Brick, Metal Siding, Vinyl Siding
Roof type
Shingle
Architectural style
Other
Additional Structures
Storage
Listing Agency:
Property Executives Johnson City
(423) 952-0226
Listed By:
Meghan Masters · License #350908
(423) 202-5208
Added: Sep 1
Last Checked: Sep 1 at 4:06PM
MLS# 10000313
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.
Investment Insights
Based on property information with market context.
This residential triplex property at 3536/3538 W Walnut Street includes a duplex and a separate 3-bedroom, 2-bath double wide on one parcel. The duplex contains one 2-bedroom, 1-bath unit and one 1-bedroom, 1-bath unit; both have updated interiors, oak cabinetry, upgraded appliances, stained concrete flooring, tile bathroom floors, gas water heaters, and gas logs. The double wide adds a separate three-bedroom, two-bath rental unit. All three units are occupied, and the duplex and double wide have separate water meters.
The property encompasses 1.11 acres in Johnson City, TN, with residential zoning, public water, septic service, natural gas availability, driveway parking, a porch, and a patio. Construction materials include brick, metal siding, and vinyl siding. Heat pump systems provide heating and cooling, while ceiling fans are present throughout the bedrooms. Showings require 24-hour notice.
The property encompasses 1.11 acres in Johnson City, TN, with residential zoning, public water, septic service, natural gas availability, driveway parking, a porch, and a patio. Construction materials include brick, metal siding, and vinyl siding. Heat pump systems provide heating and cooling, while ceiling fans are present throughout the bedrooms. Showings require 24-hour notice.
Key Highlights
- Three rental units on one 1.11‑acre parcel
- Unit mix includes 2‑bedroom/1‑bath, 1‑bedroom/1‑bath, and 3‑bedroom/2‑bath layouts
- Duplex and double wide have separate water meters
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three occupied rentals on one parcel with separate water meters and a mix of one-, two-, and three-bedroom layouts.
Where is this triplex located?
The property is located at 3536/3538 W Walnut Street Johnson City, TN.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Three rental units on one 1.11‑acre parcel; Unit mix includes 2‑bedroom/1‑bath, 1‑bedroom/1‑bath, and 3‑bedroom/2‑bath layouts; Duplex and double wide have separate water meters
