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    Butler, TN
    Multifamily

    Butler, TN Multifamily Properties for Sale

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    Hampton, TN Elizabethton, TN Mountain City, TN Johnson City, TN Roan Mountain, TN Vilas, NC Elk Park, NC Banner Elk, NC
    Quadplex and Duplex Portfolio
    Updated: Sep 22
    Quadplex and Duplex Portfolio

    6672 Roan Creek Road, Butler, TN 37640

    $989,000
    7,435 sqft 3.31 AC lot
    Eight leased apartments across one quadplex and two duplexes
    7,435 square feet of apartments in three buildings
    Each unit has 2 bedrooms, 1 bathroom, and washer and dryer hookups
    Renovations completed in 2024
    3.31‑acre site in Butler, TN
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    Renovated Eight-Unit Multifamily Property
    Updated: Sep 24
    Renovated Eight-Unit Multifamily Property

    6672 Roan Creek Rd, Butler, TN 37640

    $989,000
    7,435 sqft 3.31 AC lot
    Eight leased apartments, each with 2 bedrooms and 1 bathroom
    7,435 square feet of apartment area across 3 buildings
    3.31‑acre site
    Renovations completed in 2024
    Washer and dryer hookups in every unit
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Butler, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Little Pond Mountain Campground RV
    Little Pond Mountain Campground RV

    177 Hospital Road, Mountain City, TN 37683

    $109,900
    21,780 sqft 0.50 AC lot

    6-pad RV park with expansion potential in Mountain City.

    View details
    Residential Land with Cabin and Ponds
    Residential Land with Cabin and Ponds

    Mountain City, TN 37683

    $604,000
    28.24 AC lot

    28+ acre property with a ~600 sq ft cabin, tiny home, and two ponds on residential-zoned land.

    View details
    5 Acres with Rental Units
    5 Acres with Rental Units

    9980 HWY 412 S, Trade, TN 37691

    $265,000
    5.00 AC lot

    5 acres with multiple rental units near Boone, North Carolina.

    View details
    Lots/Land
    Lots/Land

    1929/1993 Bulldog Road, Trade, TN 37691

    $389,000

    Recreation land

    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.

    Residential Lot Near Watauga Lake
    Residential Lot Near Watauga Lake

    262 Stout Branch Road, Mountain City, TN 37683

    $69,900
    22,215 sqft 0.50 AC lot

    Level lot with utilities, no restrictions, near Roan Creek.

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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

    $48,900
    1.80 AC lot

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

    View details
    Abingdon, VA Building Lot
    Abingdon, VA Building Lot

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

    $47,900
    1.77 AC lot

    1.77-acre building lot near South Holston Lake.

    View details
    Unrestricted Land with River Frontage
    Unrestricted Land with River Frontage

    no # Edna Perry Road, Crumpler, NC 28617

    $215,000
    20.67 AC lot

    20+ acres of unrestricted land with New River frontage.

    View details

    Butler, TN Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Butler, TN on our real estate platform. These investment opportunities span a total of 14,870 square feet of properties for sale, with an estimated market value of $1,978,000.

    Sale prices for multifamily properties in Butler, TN average $989,000 — 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 2
    Quadplexes 2

    Demographics Overview

    Population 3,343
    Population Growth (5Y) -11.5%
    Median Household Income $47,404
    College Educated 21.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    37640 $989K

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Property Tax per SF $42.57 per SF
    Tax Rate vs County Average 0.58 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Butler, TN

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