Residential Income

New Johnsonville, TN Residential Income 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.

Retail
Retail

1095 White Oak Rd, Stewart, TN 37175

$399,000
2,024 sqft 7.48 AC lot

Mixed-use properties · 2,024 SF

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Mixed-Use Acreage with Multiple Buildings
Mixed-Use Acreage with Multiple Buildings

1095 White Oak Rd, Stewart, TN 37175

$399,000
7.48 AC lot

Mixed-use property on 7.48 acres with a commercial building, tenant-occupied mobile homes, and a rustic cabin.

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Residential Farm Property with Lake Access
Residential Farm Property with Lake Access

301 Killebrew Rd, Springville, TN 38256

$255,000
1,214 sqft 5.00 AC lot

Five acres with a screened front porch and walking-distance water access for fishing and docking.

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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.

Waterfront Land in Camden, Tennessee
Waterfront Land in Camden, Tennessee

Sales Landing Rd, Camden, TN 38320

$225,000
3.22 AC lot

3.22 acre waterfront lot suitable for building a home.

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Lakefront Acreage in Camden, TN
Lakefront Acreage in Camden, TN

Clydesdale Circle, Camden, TN 38320

$125,000
1.06 AC lot

One-acre lakefront property near Beaverdam Marina and TVA access.

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Residential Lot Near Lake
Residential Lot Near Lake

162 Stirling Rd, Camden, TN 38320

Contact for pricing
0.45 AC lot

Unrestricted lot near lake with city water access.

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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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New Johnsonville, TN Residential Income Properties Market Trends and Statistics

Explore 1 residential income 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 residential income 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
Multifamily properties 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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