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    Butler, TN
    Residential Income

    Butler, TN Residential Income Properties for Sale

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    Hampton, TN Elizabethton, TN Mountain City, TN Johnson City, TN Roan Mountain, TN Vilas, NC Elk Park, NC Banner Elk, NC
    Quadplex and Duplex Portfolio
    Updated: Sep 22
    Quadplex and Duplex Portfolio

    6672 Roan Creek Road, Butler, TN 37640

    $989,000
    7,435 sqft 3.31 AC lot
    Eight leased apartments across one quadplex and two duplexes
    7,435 square feet of apartments in three buildings
    Each unit has 2 bedrooms, 1 bathroom, and washer and dryer hookups
    Renovations completed in 2024
    3.31‑acre site in Butler, TN
    View details
    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    1 active listing matches your search: Residential Income for sale in Butler, TN. Based on your search, we've also compiled 11 Potential Opportunities for your consideration: 4 properties in nearby cities, 3 off-market properties to explore as potential leads, and 4 land listings with development potential.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Unit Duplex with Balconies
    Two-Unit Duplex with Balconies

    181 Circle Drive #1 & 2, Vilas, NC 28692

    $879,000
    2 units  3,640 sqft  1 building  Built 2026
    100% occupied

    Each residence has two bedrooms, two-and-a-half baths, and a separate thermostat for each floor.

    2 x 2BR/2.5BA
    View details
    Land, Vilas, NC
    Land, Vilas, NC

    761 Clyde Cornett Road, Vilas, NC 28692

    $650,000
    102.48 acres

    Recreation land · 102.48 Acres

    View details
    5 Acres with Rental Units
    5 Acres with Rental Units

    9980 HWY 412 S, Trade, TN 37691

    $265,000
    5 acres

    5 acres with multiple rental units near Boone, North Carolina.

    View details
    Lots/Land
    Lots/Land

    1929/1993 Bulldog Road, Trade, TN 37691

    $389,000

    Recreation land

    View details

    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.

    Level Lot Near Watauga Lake
    Level Lot Near Watauga Lake

    262 Stout Branch Road, Mountain City, TN 37683

    $69,900
    0.51 acres

    Half-acre lot near Roan Creek, ideal for various housing options.

    View details
    Recreational Land Near Doe Mountain
    Recreational Land Near Doe Mountain

    Roan Creek Road, Butler, TN 37640

    $139,900
    9.75 acres

    9.75 acres near Doe Mountain Recreation Area and Watauga Lake.

    View details
    Land Near Doe Mountain Recreation
    Land Near Doe Mountain Recreation

    Roan Creek Road, Butler, TN 37640

    $139,900
    9.75 acres

    9.75 acres near Doe Mountain Recreation Area and Watauga Lake.

    View details
    Mountain City Land with Views
    Mountain City Land with Views

    Locust Gap Road, Mountain City, TN 37683

    $175,000
    20.38 acres

    20.38 acres near outdoor recreation with mountain views.

    View details

    Off-Market Properties in Butler, TN

    Consider similar Off-Market properties in Butler, 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.

    18 Horseshoe Cove Dr
    Land

    18 Horseshoe Cove Dr, Butler, TN 37640

    Estimated value: by Request
    1.35 AC lot
    View details

    Butler, TN Residential Income Properties Market Trends and Statistics

    Explore 4 residential income properties for sale in Butler, TN on our real estate platform. These investment opportunities span a total of 7,435 square feet of properties for sale, with an estimated market value of $989,000.

    Sale prices for residential investment properties in Butler, TN average $989,000 — 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

    Duplexes 2
    Multifamily properties 2
    Quadplexes 2

    Demographics Overview

    Population 3,343
    Population Growth (5Y) -11.5%
    Median Household Income $47,404
    College Educated 21.0%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    37640 $989K

    Taxes & Financing

    Tax Rate (average for all types) 1.81%
    Property Tax per SF $42.57 per SF
    Tax Rate vs County Average 0.58 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Johnson County

    New Delisted

    Total CRE Inventory on Market (SF)

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Butler, TN

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