Multifamily

New Johnsonville, TN Multifamily Properties for Sale

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24-Unit Garden-Style Apartment Community
Updated: May 12
24-Unit Garden-Style Apartment Community

542 Ashe Avenue, New Johnsonville, TN 37134

$1,879,000
18,720 sqft 1.56 AC lot
24‑unit garden‑style multifamily asset in New Johnsonville, TN on 1.56 acres
All units are 2‑bedroom/1‑bath, each at 780 SF
Approximately $341,520 invested in the past three years, with the majority of units renovated
Remaining renovation upside includes completion of the renovation program and in‑unit washer/dryer installations
Year built: 1969
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in New Johnsonville, 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.

23-Space Mobile Home Park & RV Resort
23-Space Mobile Home Park & RV Resort

190 Nobles Rd, Paris, TN 38242

$540,000
9.00 AC lot

A 23-space park with 12 occupied mobile lots and 10 RV spaces, including short-term full-hookup service.

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Acreage near Kentucky Lake
Acreage near Kentucky Lake

Madylie Lynn Dr, Springville, TN 38256

$399,900
21.34 AC lot

Acreage with RV sites and partially finished structure.

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Renovated 28-Unit Apartment Building
Renovated 28-Unit Apartment Building

303 S Poplar St, Paris, TN 38242

$1,800,000

Substantially renovated 28-unit multifamily property with studios, one-bedroom, and two-bedroom units plus additional rear land.

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Duplex-Style Residential Income Property
Duplex-Style Residential Income Property

653 Old Springville Rd, Springville, TN 38256

Contact for pricing

Two connected homes on one parcel with RV electric and septic hookups, plus a large shop with a 14x14 garage door.

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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.

Buildable Lake Lot in Camden
Buildable Lake Lot in Camden

Saddletree Rd, Camden, TN 38320

$45,000
0.85 AC lot

Large lot near Stirling access launch with city utilities.

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Holladay, TN Land Available
Holladay, TN Land Available

Maple Acres, Holladay, TN 38341

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0.45 AC lot

Almost half acre lot suitable for various residential structures.

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Residential Lot Near Lake
Residential Lot Near Lake

Lynn Lane, Lot 23, Big Sandy, TN 38221

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0.20 AC lot

Wooded building lot near lake and amenities in Big Sandy.

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Adjoining Recreational Land Lots
Adjoining Recreational Land Lots

Raintree, Big Sandy, TN 38221

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0.40 AC lot

Two adjoining lots near Kentucky Lake support fishing or hunting camp use with water available and septic required.

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New Johnsonville, TN Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in New Johnsonville, TN on our real estate platform. These investment opportunities span a total of 18,720 square feet of properties for sale, with an estimated market value of $1,879,000.

Sale prices for multifamily properties in New Johnsonville, TN start at $1,879,000, averaging $1,879,000, and reaching up to $1,879,000 — 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 1

Demographics Overview

Population 2,922
Population Growth (5Y) -4.2%
Median Household Income $80,343
College Educated 13.5%

Taxes & Financing

Tax Rate (average for all types) 2.43%
Property Tax per SF $68.49 per SF
Average Loan-to-Value 65.0%

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