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    Butler, TN
    Multifamily

    Butler, TN Multifamily Properties for Sale

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    Elizabethton, TN Mountain City, TN Hampton, TN Roan Mountain, TN Johnson City, TN Elk Park, NC Sugar Grove, NC Vilas, NC
    Turnkey Tiny House STR with River Front
    Updated: Apr 30
    Turnkey Tiny House STR with River Front

    1226 Doe Creek Road, Butler, TN 37640

    $214,900
    0.12 AC lot
    River front property along Doe Creek with a creekside stone fire pit
    Furnished tiny house on wheels with an open‑concept layout under construction
    Dual efficient mini‑split HVAC systems
    Plumbed for a gas stove (currently outfitted with an electric range)
    Two spacious covered porches plus additional bedroom exterior door to a 2nd porch
    View details
    Furnished Creekside Short-Term Rental
    Updated: Apr 28
    Furnished Creekside Short-Term Rental

    1226 Doe Creek Road, Unit 13, Butler, TN 37640

    $229,900
    5,227 sqft
    Furnished Stone Canyon Homes Caney Creek model tiny house
    Approximately 3 miles from Watauga Lake and Sink Mountain public boat ramp
    Two covered porches plus creek‑overlooking backyard
    Vaulted shiplap ceilings, luxury vinyl plank flooring, and dual mini‑split HVAC systems
    Kitchen includes shaker cabinetry, stainless appliances, apron sink, and coffee bar
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    Mountain Wedding Venue With Event Barn
    Mountain Wedding Venue With Event Barn

    810/820 Cove Ridge Road, Butler, TN 37640

    Contact for pricing

    Two vacation homes and lake-and-mountain views support weddings, special events, and overnight stays.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 3 Active listings in Butler, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 3 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.

    Duplex with Separate Single-Level Homes
    Duplex with Separate Single-Level Homes

    125 Parsonage Road, Unit 4, Elizabethton, TN 37643

    $380,000
    2,224 sqft 0.87 AC lot

    Two residences share a residential parcel with an oversized detached garage and flexible living arrangements.

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    Duplex with Two Single-Level Homes
    Duplex with Two Single-Level Homes

    125 Parsonage Road, Elizabethton, TN 37643

    $360,000
    2,224 sqft 0.87 AC lot

    Two single-level residences on public water and septic, with the second home tenant occupied.

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    Unrestricted Land Near Mountain City
    Unrestricted Land Near Mountain City

    Copperhead Hollow Road, Mountain City, TN 37683

    $350,000
    28.25 AC lot

    28.25 acres near Mountain City, TN with development potential.

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    Residential Land with Cabin and Ponds
    Residential Land with Cabin and Ponds

    Mountain City, TN 37683

    $629,000
    28.24 AC lot

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

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    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

    $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.

    View details

    Butler, TN Multifamily Properties Market Trends and Statistics

    Explore 3 multifamily properties for sale in Butler, TN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 5,227 square feet of properties for sale, with an estimated market value of $444,800.

    Sale prices for multifamily properties in Butler, TN start at $214,900, averaging $222,400, and reaching up to $229,900 — 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

    Short term rental properties 3

    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 $222.4K

    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)

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