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Five-Unit Apartment Building

5129 Bluff City Highway, Bluff City, TN 37618

For Sale
$599,000

Multi Family, Bluff City, TN

Property Size8,000 SF
Lot Size0.57 Acres
Price / SF$74.88
Days on Market91

Property Features for 5129 Bluff City Highway

General Information

Property type Residential Multi Family
Property subtype Other
Zoning commercial
Bedrooms 11
Bathrooms 6
Full bathrooms 6
Rooms Bathroom 6, Bedroom 3, Bedroom 4, Bedroom 5, Bedroom 10, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 1, Bedroom 11, Bathroom 5, Bedroom 1, Bedroom 6, Bedroom 2, Bedroom 7, Bedroom 9, Bedroom 8
Parking features Driveway
Window features Double Pane Windows
Interior features Laminate Counters
Appliances Electric Range, Refrigerator
Elementary school Mary Hughes
Middle school East Middle
High school Sullivan East
Directions From Johnson City through Piney flats, turn onto Bluff city highway before the flea market, property is on the right.
Standard status Active
APN 111 03110 000
Size 8,000 SF
Lot size 0.57 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Annual Amount 3094

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Heat Pump
Water source Public

Amenities

washer/dryer hookups

Building Details

Year built 1980
Floors in Building 2
Number of units 5
Flooring type Laminate, Carpet
Building materials Brick, Vinyl Siding
Roof type Asphalt, Shingle
Architectural style Colonial
Buildings 1
Listing Agency: Momentum Group · RE/MAX International
Listed By: Tony Vaughn · License TN #332070
Added: Aug 13 Changed: Oct 26 Last Checked: Nov 11 at 1:06PM
MLS# 9999467

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.

Rey
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Investment Insights

Based on property information with market context.

This 8,000-square-foot multifamily property contains five apartments: one three-bedroom, two-bath residence and four two-bedroom, one-bath residences. Each unit includes washer/dryer hookups, while tenants pay their own utilities. The property was built in 1980 and includes electric heating, heat pumps, public water, and public sewer. On-site parking is provided by a driveway.

The property occupies 0.57 acres at 5129 Bluff City Highway in Bluff City, Tennessee, between Bristol and Johnson City. Its commercial zoning and additional land provide flexibility for future planning, subject to applicable approvals. Current leases transition to month-to-month tenancy after October, creating a defined point for future leasing or management decisions.

Key Highlights

  • Five apartments with one 3‑bedroom/2‑bath unit and four 2‑bedroom/1‑bath units
  • 8,000 square feet on 0.57 acres
  • Washer/dryer hookups in every unit

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

83
Businesses Nearby

Demographics for 37618, TN

12,729
Population
6,250
Households
2
Avg Household Size
47
Median Age
17%
College-Educated
88%
High-School Grad
69.3 sq mi
ZIP Area
184
Density / Sq Mi
$58,413
Median Household Income
$37,003
Median Earnings
$880
Median Rent
$174,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Sullivan County, TN

$116 Jul
$182 Aug
$197 Sep
$211 Oct

Properties on Market for Apartment buildings in Sullivan County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Income-producing multifamily property with varied unit layouts, private utility responsibility, and washer/dryer hookups throughout.
Where is this apartment building located?
The property is located at 5129 Bluff City Highway Bluff City, TN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Five apartments with one 3‑bedroom/2‑bath unit and four 2‑bedroom/1‑bath units; 8,000 square feet on 0.57 acres; Washer/dryer hookups in every unit
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