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    Bristol, TN Multifamily Properties for Sale

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    Updated Ranch with Income Potential
    Updated: Mar 28
    Updated Ranch with Income Potential

    1326 Valley Drive, Bristol, TN 37620

    $350,000
    1,938 sqft 0.37 AC lot
    Updated ranch home built in 1955 with over 1,200 SF plus a separate apartment over 700 SF
    Main home has 3 bedrooms and 2 bathrooms with a remodeled kitchen, included appliances, and updated bathrooms
    Separate apartment features 2 bedrooms, 1 bathroom, a kitchen, living area, and a private garage
    Basement included with structural reinforcements and described as ready for future expansion or finishing
    Heating and cooling include a heat pump with central air; public water and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    1326 Valley Drive, Bristol, TN 37620

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    • Est. Cap Rate

      4.1%
      NOI ÷ price

    • Est. NOI

      $14K
      Annual

    • Price @ 7% Cap

      $207K
      Suggested

    • Property Type

      Single Family Residence
      Built 1955
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    Four-Plex Rental Property For Sale
    Updated: Apr 2
    Four-Plex Rental Property For Sale

    620 Cherry Street, Bristol, TN 37620

    $379,999
    1,502 sqft 0.22 AC lot
    Four‑plex rental property in a historic residential area
    All units are one bed/one bath with ample bedroom space
    Existing tenants desire to continue leasing
    Hardwood flooring throughout all units
    On‑site laundry room with washer and dryer
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    Brick Triplex Income Property
    Brick Triplex Income Property

    503 Georgia Avenue, Bristol, TN 37620

    $350,000
    0.32 AC lot

    Two-story brick triplex with three rental units, appliances included, and unit-specific utility responsibility.

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    Brick Triplex with Detached Garage
    Brick Triplex with Detached Garage

    503 Georgia Avenue, Unit 11, Bristol, TN 37620

    $350,000
    13,939 sqft

    Two-story brick triplex with three rental units, individual utility responsibility, and a detached three-car garage.

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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Turnkey Duplex with Covered Porch
    Turnkey Duplex with Covered Porch

    713 Ash Street, Bristol, TN 37620

    $215,000
    3,100 sqft 0.26 AC lot

    Turnkey two-unit duplex with a spacious main-level layout and a separately entered upstairs apartment with laundry hookups.

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    Luxury Multifamily Investment Opportunity
    Luxury Multifamily Investment Opportunity

    577 English Street, Bristol, TN 37620

    $1,825,000
    10,260 sqft

    New construction, five units, fully rented in Bristol, Tennessee.

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    Mobile Home Park in Bristol
    Mobile Home Park in Bristol

    1717 Maryland Avenue, Bristol, TN 37620

    $325,000
    1.21 AC lot

    9-unit mobile home park on 1.21 acres in Bristol.

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    New Construction Luxury 5-Unit Building
    New Construction Luxury 5-Unit Building

    577 English Street, Unit 2, Bristol, TN 37620

    $1,825,000
    10,260 sqft

    New 5-unit property in Bristol, TN with strong rental potential.

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    Three Townhomes Sold as One Parcel
    Three Townhomes Sold as One Parcel

    108 Melody Lane (D-1,D-2,D-3), Bristol, TN 37620

    $395,000
    4,299 sqft 0.30 AC lot

    Stabilized portfolio of three deeded townhomes in Holston Villas, each with two bedrooms and patios.

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    Turnkey Duplex With Two Units
    Turnkey Duplex With Two Units

    713 Ash Street, Unit 3, Bristol, TN 37620

    $215,000
    3,100 sqft

    Turnkey duplex for sale with separate upstairs entry, laundry hookups, and a main-level unit featuring central heating and cooling.

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 10 Active listings in Bristol, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 2 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Multifamily Income Property with Six Units
    Multifamily Income Property with Six Units

    630 Elizabethton Highway, Bluff City, TN 37618

    $699,995
    6,174 sqft 1.28 AC lot

    Six fully occupied, separately metered units offer an investor-ready residential income setup on an MF-zoned site.

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    Renovated Duplex with Two 2BR Units
    Renovated Duplex with Two 2BR Units

    23342-40 Young Drive, Bristol, VA 24202

    $374,900
    2,436 sqft 0.55 AC lot

    Renovated duplex offers two separately laid-out 2-bedroom units, each with eat-in kitchen, laundry, and updated systems.

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    Bristol Multifamily Investment Opportunity
    Bristol Multifamily Investment Opportunity

    2412,14,16 Bradley Street, Bristol, VA 24201

    $425,000
    2,817 sqft 0.56 AC lot

    Income-producing property near Hard Rock Casino with expansion potential.

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    Income Producing Mobile Home Park
    Income Producing Mobile Home Park

    4573 Bluff City Hwy, Bluff City, TN 37618

    $609,375
    14,000 sqft 4.50 AC lot

    Mobile home park investment opportunity in Bluff City, Tennessee.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Lakefront Land with Development Potential
    Lakefront Land with Development Potential

    6144 Us Hwy 421, Bristol, TN 37620

    $1,240,000
    30.80 AC lot

    30.8-acre lakefront property with development potential on South Holston Lake.

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    Abingdon Land Near South Holston
    Abingdon Land Near South Holston

    1.80 AC Twin Oaks Rd lot: 1, Abingdon, VA 24211

    $54,900
    1.80 AC lot

    1.8-acre building lot near amenities and South Holston Lake.

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    Abingdon, VA Building Lot
    Abingdon, VA Building Lot

    1.77 AC Twin Oaks Rd lot: 2, Abingdon, VA 24211

    $54,900
    1.77 AC lot

    1.77-acre building lot near South Holston Lake.

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    Scenic Land with Mountain Views
    Scenic Land with Mountain Views

    Summit Avenue, Lebanon, VA 24266

    Contact for pricing
    1.10 AC lot

    1.1 acres of land near Lebanon, VA, perfect for building.

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    Off-Market Properties in Bristol, TN

    Consider similar Off-Market properties in Bristol, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    2182 Us-11W
    Individual retail properties

    2182 Us-11W, Bristol, TN 37620

    Value Estimation by Request
    1,000 sqft 1.85 AC lot
    View details
    2620 Volunteer Pkwy
    Multifamily properties

    2620 Volunteer Pkwy, Bristol, TN 37620

    Value Estimation by Request
    View details

    Bristol, TN Multifamily Properties Market Trends and Statistics

    Explore 12 multifamily properties for sale in Bristol, TN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 44,099 square feet of properties for sale, with an estimated market value of $5,159,999.

    Sale prices for multifamily properties in Bristol, TN start at $215,000, averaging $737,142, and reaching up to $1,825,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 3
    Short term rental properties 3
    Triplexes 3
    Apartment buildings 2
    Mobile home & RV parks 1

    Demographics Overview

    Population 38K
    Population Growth (5Y) -1.6%
    Median Household Income $54,908
    College Educated 11.2%

    High-Yield Neighborhoods for Investment

    Identify Bristol submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37620 $508.4K

    Listings Trend

    New vs delisted commercial listings in Sullivan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Sullivan County

    Retail

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Bristol fall within the 5,000 to 10,000 square foot range.

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