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    Johnson City, TN
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    Johnson City, TN Multifamily Properties for Sale

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    Updated Duplex with Level Yard
    Updated: Jun 16
    Updated Duplex with Level Yard

    2426 Old Lewis Road, Johnson City, TN 37601

    $310,000
    1,524 sqft 0.40 AC lot
    Two‑unit duplex with 1,524 square feet of property size
    Unit 1 has 2 bedrooms, 1 full bath, new appliances, updated flooring, and a new deck
    Unit 2 includes 1 bedroom and 1 full bath with an open living and kitchen area
    0.4‑acre parcel with a level yard and gravel circle driveway
    RS zoning and public sewer
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    This listing looks promising.

    Here's a quick look at some key insights for

    2426 Old Lewis Road, Johnson City, TN 37601

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    • Est. Cap Rate

      3.1%
      NOI ÷ price

    • Est. NOI

      $10K
      Annual

    • Price @ 7% Cap

      $138K
      Suggested

    • Property Type

      Single Family Residential
      Built 1921
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    8-Unit Townhome-Style Apartment Building
    Updated: Apr 27
    8-Unit Townhome-Style Apartment Building

    1419 Colony Park Drive, Johnson City, TN 37604

    $1,115,000
    3,144 sqft
    8‑unit apartment property with 2‑bedroom, 1.5‑bath townhome‑style units
    7 units occupied; 1 unit vacant for showings
    3,144 square feet; built in 1978
    Many units updated with flooring, PEX plumbing, and appliances
    R 4 zoning with public water and public sewer
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    Newly Renovated 8-Unit Multifamily Building
    Newly Renovated 8-Unit Multifamily Building

    1412 Knob Creek Road, Johnson City, TN 37604

    $1,600,000
    10,991 sqft 1.30 AC lot

    Newly renovated 8-unit multifamily building with washer/dryer hookups, zoned B1, plus an adjacent commercial building with updated exterior.

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    Updated Short-Term Rental Property
    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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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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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    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 Apartment Building with Vaulted Ceilings
    Brick Apartment Building with Vaulted Ceilings

    2820 2822 Plymouth Road, Johnson City, TN 37601

    $1,250,000

    Apartment building with 10 one-bedroom units featuring vaulted ceilings and one-level layouts, built in 2005.

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    18-Unit Mobile Home Park
    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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    Fully Rented Quadplex
    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 Quadplex with Split-Level Design
    Four-Unit Quadplex with Split-Level Design

    150 Joe Hale Drive, Johnson City, TN 37615

    $450,000

    Four-unit quadplex with two-story stacked flats, central air, and electric heat, zoned R-1.

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    10-Unit Apartment Building
    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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    Four-Unit Multifamily Property
    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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    28-Unit Apartment Building
    28-Unit Apartment Building

    1547 Milligan Hwy, Johnson City, TN 37601

    $2,650,000

    Recent paving, deck work, unit updates, and exterior improvements enhance this multifamily property.

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    Occupied Two-Story Quadplex
    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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    Senior Housing Community with Patio Homes
    Senior Housing Community with Patio Homes

    211 University Pkwy, Johnson City, TN 37604

    Contact for pricing
    4.32 AC lot

    Landscaped residential setting with mountain views near shopping, services, Interstate i-26, Pine Oaks Golf Course, and ETSU.

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    Manufactured Home and RV Community
    Manufactured Home and RV Community

    116 SPG CITY DR, Johnson City, TN 37601

    Contact for pricing
    5.90 AC lot

    78-unit Spring City MHP & RV features tenant-owned homes, long-term RV lots, and shared paved roads with utility billbacks.

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    Multifamily and Commercial Investment Opportunity
    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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    Renovated Duplex with Warehouse
    Renovated Duplex with Warehouse

    1100 E Market St, Johnson City, TN 37601

    Contact for pricing
    2,400 sqft

    Two refreshed residential units accompany a renovated warehouse with updated electrical and climate systems.

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    16-Unit Apartment Building Portfolio
    16-Unit Apartment Building Portfolio

    200 East Watauga Avenue, Johnson City, TN 37601

    Contact for pricing

    Three apartment buildings offer refreshed one- and three-bedroom units, with separate electrical metering in two buildings.

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    Johnson City Multifamily Investment Opportunity
    Johnson City Multifamily Investment Opportunity

    3411 W Walnut St, Johnson City, TN 37604

    Contact for pricing
    4,125 sqft

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

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    6-Unit Apartment Building
    6-Unit Apartment Building

    204 E Watauga Ave, Johnson City, TN 37601

    Contact for pricing

    Fully rented apartment property with separately metered units and mostly updated interiors.

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    93-Unit Apartment Portfolio
    93-Unit Apartment Portfolio

    1907 Triangle Rd, Johnson City, TN 37604

    Contact for pricing

    Multifamily holdings span several communities with one- and two-bedroom floor plans and recent property improvements.

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    Triplex with Separate Apartment
    Triplex with Separate Apartment

    611 Cranberry St, Johnson City, TN 37601

    Contact for pricing

    Three individually metered residences offer updated finishes and a varied bedroom mix.

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    12-Unit Apartment Complex
    12-Unit Apartment Complex

    1308 Knob Creek Rd, Johnson City, TN 37604

    Contact for pricing

    Apartment complex with equipped kitchens, mixed durable flooring, modern bathrooms, generous storage, and resident parking.

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    Based on your search, we've compiled Potential Opportunities for your consideration. Besides 24 Active Listings in Johnson City, TN, we suggest to view alternatives - similar 33 Off-Market properties to explore as potential leads.

    Johnson City, TN Multifamily Properties Market Trends and Statistics

    Explore 57 multifamily properties for sale in Johnson City, TN, showcased through 24 active listings on our real estate platform. These investment opportunities span a total of 266,559 square feet of properties for sale, with an estimated market value of $11,162,000.

    Sale prices for multifamily properties in Johnson City, TN start at $310,000, averaging $1,014,727, and reaching up to $2,650,000 — 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 10
    Mobile home & RV parks 4
    Quadplexes 4
    Duplexes 2
    Short term rental properties 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 $479.7K
    37601 $1.2M
    37604 $1.3M

    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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    Most Searched ZIP Codes in Johnson City, TN

    • 37604
    • 37601
    • 37615

    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/

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