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Brick Triplex with Three-Car Garage
For Sale
$350,000

503 Georgia Avenue, Bristol, TN 37620

Multi Family, Bristol, TN

Property SizeContact for details
Lot Size0.32 Acres
Days on Market124

Property Features for 503 Georgia Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R 3 / Re
Bedrooms 8
Bathrooms 5
Full bathrooms 3
Half bathrooms 2
Rooms Bedroom 8, Bathroom 4, Bathroom 5, Bedroom 2, Bathroom 2, Bedroom 1, Bedroom 5, Basement, Bathroom 1, Bedroom 4, Dining Room, Bathroom 3, Bedroom 6, Bedroom 7, Bedroom 3
Window features Single Pane Window(s)
Patio and Porch features Porch, Patio
Interior features Eat-in Kitchen, Kitchen/Dining Combo
Basement Crawl Space
Appliances Range, Refrigerator
Subdivision Bristol Land
Elementary school Fairmount
Middle school Vance
High school Tennessee
Directions From King University 1350 King College Rd, Bristol, TN 37620 Turn left onto King College Rd Continue onto E State St Turn left onto Georgia Ave
Standard status Active
APN 021b C 003.00
Lot size 0.32 Acres

Taxes and HOA fees

Tax Annual Amount 1661

Utilities

Sewer type Public Sewer
Heating system Baseboard
Cooling system Window Unit(s), Ceiling Fan(s)
Water source Public

Building Details

Year built 1947
Floors in Building 2
Number of units 22
Building materials Brick, Plaster
Roof type Shingle
Architectural style Other
Additional Structures Storage
Listing Agency: Hurd Realty, LLC
Listed By: Brian Parlier · License #359767
Added: May 31 Changed: Sep 17 Last Checked: Oct 1 at 7:06PM
MLS# 9996166

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.

Located at 503 Georgia Avenue in Bristol, this two-story brick triplex was built in 1947 and sits on 0.32 acres within the Fairmount Historic District. The unit mix includes two three-bedroom residences and one two-bedroom residence, with bathrooms ranging from one to 1.5. Interior features include eat-in kitchens and kitchen/dining combinations, while each unit includes kitchen appliances and window AC units.

The property also includes a detached brick three-car garage, porch and patio areas, baseboard heating, public water, and public sewer. The shingle roof was installed in 2011 with 30-year architectural shingles. Fairmount Elementary School, Vance Middle School, Tennessee High School, King College, Bristol Medical Center, Hardrock Casino, downtown Bristol, shops, and restaurants are identified as nearby destinations.

Key Highlights

  • Two‑story brick triplex built in 1947
  • 0.32‑acre property in Bristol’s Fairmount Historic District
  • Unit mix includes two 3‑bedroom units and one 2‑bedroom unit

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Hair Salon (Bike/Boat/Book/etc) Store Skin Care Clinic Nail Salon

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

3
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

262
Businesses Nearby

Demographics for 37620, TN

38,245
Population
18,119
Households
2.1
Avg Household Size
45
Median Age
26%
College-Educated
90%
High-School Grad
128.2 sq mi
ZIP Area
298
Density / Sq Mi
$54,908
Median Household Income
$36,017
Median Earnings
$809
Median Rent
$175,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Two-story multifamily property in Bristol’s Fairmount Historic District with separate units and R 3 / Re zoning.
Where is this triplex located?
The property is located at 503 Georgia Avenue Bristol, TN.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two‑story brick triplex built in 1947; 0.32‑acre property in Bristol’s Fairmount Historic District; Unit mix includes two 3‑bedroom units and one 2‑bedroom unit
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