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Property profile & analytics
OFF-MARKET
Small apartment buildings

705 Lehigh St Johnson City, TN 37604

0.14 ac lot Built 1925
Entity Owned
Property ID
US80-1271625
Property summary
AI-generated overview

This Johnson City, Tennessee duplex presents a compelling investment opportunity. Located near East Tennessee State University, the VA, and downtown, this 1,154 square foot property boasts two 1-bedroom, 1-bathroom units, each with laundry hookups. Recently renovated, the property features a new roof, flooring, joists, and plumbing. The left unit showcases a fully remodeled kitchen and bathroom with modern finishes, while the right unit boasts new flooring, an updated bathroom, and a newly added laundry area. Both units are equipped with efficient new mini-split HVAC systems. Separate water lines ensure tenant-paid utilities. Currently generating $1,650 in monthly rent ($800 and $850 respectively), this Class B duplex sits on a 0.14-acre lot and is zoned for multi-family use. Built in 1925, this property is ideal for first-time investors or seasoned portfolio builders seeking a strong return. The property's proximity to ETSU, the VA, and the Roan Street business district ensures high occupancy potential. All information should be independently verified by the buyer.

Property profile
Verified
Property type Small apartment buildings
Year built 1925
Lot 0.14 ac (6,098 SF)
UPID US80-1271625
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Tng Florida Properties LLC
Tng Florida Properties LLC
since 2026
1 recorded transaction
2026
$144,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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