Multifamily

Johnson City, TN Multifamily Properties for Sale

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Renovated Mixed-Use Income Portfolio
Updated: Jan 20
Renovated Mixed-Use Income Portfolio

1412 Knob Creek Road, Johnson City, TN 37604

$1,600,000
10,991 sqft 1.30 AC lot
High potential income with Proforma NOI of $164,936 from commercial space rental.
Multifamily and Commercial property featuring 8 renovated apartment units and a 4748 sq ft commercial building.
Newly renovated apartments boast new kitchens, decking, siding, roofs, plumbing, and restored interiors.
Apartments are being subdivided into condos on approximately one acre of land.
Each apartment unit includes washer/dryer hookups.
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Johnson City Multifamily Investment Opportunity
Updated: Apr 27
Johnson City Multifamily Investment Opportunity

1419 Colony Park Drive, Johnson City, TN 37604

$1,219,000
3,144 sqft
8‑unit multifamily complex with eight 2‑bedroom, 1.5‑bath townhome‑style units
Unit occupancy: 7 units occupied; 1 unit intentionally left vacant for showings
Many units updated with new flooring, PEX plumbing, and updated appliances
Heating and cooling provided by heat pump system
Public utilities: public water and public sewer
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Fully Rented Fourplex Investment
Fully Rented Fourplex Investment

102 Osborne Private Drive, Johnson City, TN 37601

$400,000

A four-unit rental property with one 2-bedroom unit and three 1-bedroom units, minutes from regional colleges.

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Johnson City Multifamily Investment Opportunity
Johnson City Multifamily Investment Opportunity

3411 W Walnut St, Johnson City, TN 37604

$674,999
4,125 sqft

Six-unit apartment building with value-add potential in Johnson City.

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Johnson City Mobile Home Park
Johnson City Mobile Home Park

102 Claude Simmons Road, Johnson City, TN 37604

$1,199,000
5.21 AC lot

Well-maintained 18-unit mobile home park with strong cash flow.

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Three Unit Investment Property
Three Unit Investment Property

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

$449,000
1,764 sqft 1.11 AC lot

Three residential units with strong income potential in Johnson City.

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Updated Duplex With Decks
Updated Duplex With Decks

2426 Old Lewis Road, Johnson City, TN 37601

$325,000
1,524 sqft 0.40 AC lot

Two-unit duplex in Johnson City with updated interiors, outdoor decks, and a level yard supported by a gravel parking drive.

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Investment Properties with Boone Lake Access
Investment Properties with Boone Lake Access

473 Rockingham Road, Johnson City, TN 37615

$539,000
0.53 AC lot

Multiple income-generating properties on 1.15 acres with lake access.

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Brick 10-Unit Apartment Building
Brick 10-Unit Apartment Building

2820 2822 Plymouth Road, Johnson City, TN 37601

$1,250,000

10 one-bedroom, one-level units with vaulted living areas and a low-maintenance brick exterior in Johnson City, TN.

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Four-Unit Apartment Complex Investment
Four-Unit Apartment Complex Investment

150 Joe Hale Drive, Johnson City, TN 37615

$450,000

Fully occupied four-unit apartment complex with income potential.

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Johnson City Triplex For Sale
Johnson City Triplex For Sale

2305&2303 Abbott Drive, Johnson City, TN 37601

$349,900
2,064 sqft

Triplex with three units, suitable for investors or owner-occupiers.

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11.5-Acre Land with Pond
11.5-Acre Land with Pond

381 Possum Hollow Road, Johnson City, TN 37615

$360,000
11.50 AC lot

11.5-acre parcel in Washington County with a pond, pasture and wooded areas, plus existing trailer park infrastructure.

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Land for Multifamily Units
Land for Multifamily Units

Kingsport Highway, Johnson City, TN 37615

$79,900
1.00 AC lot

Land suitable for multifamily development in Johnson City, Tennessee.

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Based on your search, we've compiled 54 Potential Opportunities for your consideration. Besides 13 Active listings in Johnson City, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 33 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.

Highway 75 Commercial Opportunity
Highway 75 Commercial Opportunity

3460 TN-75, Kingsport, TN 37663

$949,000
5,000 sqft 7.69 AC lot

Income-producing commercial property on Highway 75 in Kingsport, Tennessee.

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Multifamily Apartment Community
Multifamily Apartment Community

3300 Boones Creek Village Court, Jonesborough, TN 37659

$16,500,000
87,584 sqft

89-unit multifamily community with approved plans to add 15 units in Boone’s Creek corridor.

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Duplex Lots in Historic Jonesborough
Duplex Lots in Historic Jonesborough

Boones Creek Road, Jonesborough, TN 37659

$400,000
1.90 AC lot

Investment opportunity in Tennessee's oldest town with mountain views.

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Highway 75 Commercial Opportunity
Highway 75 Commercial Opportunity

3450-3460 highway 75, Kingsport, TN 37663

$949,000
10,000 sqft 7.69 AC lot

Income-producing property with high visibility and development potential.

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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.

Creekfront Recreation Land Parcel
Creekfront Recreation Land Parcel

Pumpkin Patch Road, Bakersville, NC 28705

$199,000
2.68 AC lot

Recreation land with cleared, graded building pad, gravel driveway, and creek frontage on Little Rock Creek.

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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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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.

105 Mayflower Rd
APARTMENT HOUSE (UNDER 5 UNITS)

105 Mayflower Rd, Johnson City, TN 37601-9266

Value Estimation by Request
12,732 sqft 0.88 AC lot
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3211 Mayfield Dr
MOBILE HOME PARK, TRAILER PARK

3211 Mayfield Dr, Johnson City, TN 37604-5964

$850,000
Estimated value
6.20 AC lot
View details
Roan N St
MOBILE HOME PARK, TRAILER PARK

Roan N St, Johnson City, TN 37601

Value Estimation by Request
1,152 sqft 2.27 AC lot
View details
Piedmont St
MOBILE HOME PARK, TRAILER PARK

Piedmont St, Johnson City, TN 37601

Value Estimation by Request
134.00 AC lot
View details
1342 Milligan Hwy
APARTMENT HOUSE (UNDER 5 UNITS)

1342 Milligan Hwy, Johnson City, TN 37601-6440

Value Estimation by Request
2,432 sqft 110.00 AC lot
View details
Frd Crk Rd
MOBILE HOME PARK, TRAILER PARK

Frd Crk Rd, Johnson City, TN 37615

$1,175,000
Estimated value
2.00 AC lot
View details
3323 Mckinley Rd
MOBILE HOME PARK, TRAILER PARK

3323 Mckinley Rd, Johnson City, TN 37604-5935

Value Estimation by Request
129.00 AC lot
View details
Wilee Rd
APARTMENT HOUSE (UNDER 5 UNITS)

Wilee Rd, Johnson City, TN 37601

$645,000
Estimated value
6,396 sqft 30.60 AC lot
View details
101 Mayflower Rd
APARTMENT HOUSE (UNDER 5 UNITS)

101 Mayflower Rd, Johnson City, TN 37601

$715,000
Estimated value
11,720 sqft 1.67 AC lot
View details
2907 Plymouth Rd
APARTMENT HOUSE (UNDER 5 UNITS)

2907 Plymouth Rd, Johnson City, TN 37601-5436

Value Estimation by Request
6,225 sqft 1.99 AC lot
View details
3130 Rocky Top Rd
APARTMENT HOUSE (UNDER 5 UNITS)

3130 Rocky Top Rd, Johnson City, TN 37601-5637

Value Estimation by Request
6,836 sqft 7.06 AC lot
View details

Johnson City, TN Multifamily Properties Market Trends and Statistics

Explore 46 multifamily properties for sale in Johnson City, TN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 23,612 square feet of properties for sale, with an estimated market value of $4,617,899.

Sale prices for multifamily properties in Johnson City, TN start at $325,000, averaging $769,649, and reaching up to $1,600,000 — 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

Apartment buildings 4
Mobile home & RV parks 3
Quadplexes 3
Duplexes 1
Triplexes 1

Demographics Overview

Population 102K
Population Growth (5Y) +5.2%
Median Household Income $55,298
College Educated 39.0%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
37615 $357.2K
37604 $907.4K
37601 $955K

Listings Trend

New vs delisted commercial listings in Washington County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Johnson City fall within the 10,000 to 25,000 square foot range.

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