Johnson City, TN Multifamily properties for sale

Updated: Sep 9

16-Unit Apartment Building Portfolio

204 E Watauga Avenue, Johnson City, TN 37601

$1,590,000

8,942 sqft

16 fully occupied apartments across 3 separate buildings
8,942 square feet on 3 properties at 200, 204, and 206 E Watauga Avenue
Unit mix includes fifteen 1‑bedroom/1‑bath apartments and one 3‑bedroom/1‑bath apartment
Six units fully remodeled with updated finishes, appliances, cabinetry, and PTAC units as needed
Ground‑level laundry room at 206 E Watauga Avenue; leased washer and dryer may be assumed

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Updated: Sep 1

Three-Unit Triplex Property

3536/3538 W Walnut Street, Johnson City, TN 37604

$449,000

1,764 sqft 1.11 AC lot

Three rental units on one 1.11‑acre parcel
Unit mix includes 2‑bedroom/1‑bath, 1‑bedroom/1‑bath, and 3‑bedroom/2‑bath layouts
Duplex and double wide have separate water meters
All 3 units are occupied
Updated duplex interiors with oak cabinetry and upgraded appliances

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Duplex With Detached Cottage

809 Ridgecrest Road, Johnson City, TN 37604

$485,000

2,824 sqft 0.48 AC lot

Three distinct living spaces support student housing, multigenerational use, or an owner-occupant arrangement.

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Multifamily Property with Cottage

809 Ridgecrest Rd, Johnson City, TN 37604

$485,000

2,824 sqft

Three living areas offer flexible rental configurations with separate HVAC and power metering for each space.

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8-Unit Townhome-Style Apartment Building

1419 Colony Park Drive, Johnson City, TN 37604

$1,115,000

3,144 sqft

Multifamily property with updated interiors, public utilities, and convenient access to Johnson City employers and daily services.

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Updated Duplex with Level Yard

2426 Old Lewis Road, Johnson City, TN 37601

$299,900

1,524 sqft 0.40 AC lot

Two residences offer remodeled interiors, open living areas, outdoor seating, and driveway parking.

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Two-Unit Duplex with Private Entrances

1103 High Street, Johnson City, TN 37604

$325,000

1,790 sqft 0.17 AC lot

Each residence includes a private entrance, covered porch, and separate rear deck.

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Three-Unit Multifamily Property

3536/3538 West Walnut St, Johnson City, TN 37604

$449,000

1,764 sqft

Occupied rental property combining an updated duplex with a separate double-wide residence on one parcel.

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Duplex with Separate Meters

812 Hamilton Street, Johnson City, TN 37604

$145,000

1,814 sqft

Two residences have individual electric and water meters, with covered porches serving both living spaces.

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18-Unit Mobile Home Park

102 Claude Simmons Road, Johnson City, TN 37604

$1,199,000

5.21 AC lot

MHP-zoned community with separately metered lots and a mix of park- and tenant-owned homes.

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18-Unit Mobile Home Park

102 Claude Simmons Road, Johnson City, TN 37604

$1,199,000

226,947 sqft

MHP-zoned community with separately metered lots and a mix of park- and tenant-owned homes.

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6-Unit Apartment Building

3411 W Walnut Street, Johnson City, TN 37604

$720,000

The six apartments offer a mix of one- and two-bedroom layouts near East Tennessee State University and regional medical facilities.

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10-Unit Apartment Building

2820 2822 Plymouth Road, Johnson City, TN 37601

$1,250,000

Single-level one-bedroom units offer vaulted living areas with central heating and air conditioning.

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Updated Short-Term Rental Property

143 Watauga Flats Road, Johnson City, TN 37601

Contact for pricing

3,190 sqft

Three-bedroom rental home with solar panels, two barns, fenced areas, and an established orchard on a spacious rural holding.

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Fully Rented Quadplex

102 Osborne Private Drive, Johnson City, TN 37601

$400,000

Residential income property with a two-bedroom unit, three one-bedroom units, and established occupancy.

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Four-Unit Stacked-Flat Quadplex

150 Joe Hale Drive, Johnson City, TN 37615

$450,000

Fully occupied quadplex with two-story stacked flats and landlord-paid lawn maintenance, electric, and water.

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Multifamily Property with Detached ADU

Johnson City, TN 37604

$495,000

0.77 AC lot

Two structures offer separated living spaces suitable for long-term, mid-term, or short-term rental configurations.

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10-Unit Apartment Building

2820 Plymouth Road, Johnson City, TN 37601

Contact for pricing

3,750 sqft

Brick construction with vaulted living areas and single-level one-bedroom floor plans.

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Duplex with Private Entrances

1103 High St, Johnson City, TN 37604

$325,000

1,790 sqft

Each residence has two bedrooms, two bathrooms, and its own outdoor area.

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Two-Unit Duplex

812 Hamilton St, Johnson City, TN 37604

$145,000

1,814 sqft

A main-level residence and a separate basement living area create a two-part configuration.

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Four-Unit Multifamily Property

510 LAMONT ST, Johnson City, TN 37604

Contact for pricing

2,688 sqft

Four-unit multifamily building offered for sale with a total size of 2,688 square feet.

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Occupied Two-Story Quadplex

150 Joe Hale Drive -, Johnson City, TN 37615

$450,000

Fully occupied apartment property with stacked flats arranged across two levels.

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Multifamily and Commercial Investment Opportunity

1412 Knob Creek Rd, Johnson City, TN 37604

Contact for pricing

7,800 sqft 1.00 AC lot

Multifamily and commercial property with income potential in prime location.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 23 Active Listings in Johnson City, TN, we suggest to view alternatives - similar 33 Off-Market properties to explore as potential leads.

Off-Market Properties in Johnson City, TN

Consider similar Off-Market properties in Johnson City, 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.

APARTMENT HOUSE (UNDER 5 UNITS)

105 Mayflower Rd, Johnson City, TN 37601-9266

Estimated value:

$350,000

12,732 sqft 0.88 AC lot

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Johnson City, TN Multifamily Properties Market Trends and Statistics

Explore 56 multifamily properties for sale in Johnson City, TN, showcased through 23 active listings on our real estate platform. These investment opportunities span a total of 274,369 square feet of properties for sale, with an estimated market value of $11,975,900.

Sale prices for multifamily properties in Johnson City, TN start at $145,000, averaging $630,310, and reaching up to $1,590,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
37615	$479.7K
37604	$647.4K
37601	$1M

Neighborhood

Average Price

37615

$479.7K

37604

$647.4K

37601

$1M

Featured Johnson City Real Estate Agencies

Realmo connects you with licensed Johnson City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Greater Kingsport Realty

3009 Greenline Road Johnson City, TN 37604

Phone: 14234336500

www.kw.com

Centruy 21 Pro Service

3 Limited Centre Johnson City, TN 37604

Phone: 14232821885

c21proservice/