Investment opportunity in the heart of Johnson City! A beautifully maintained 6-unit apartment building offering solid cash flow with value-
add potential. Currently bringing in $60,240 annually in rental income with below-market rents, this property offers an excellent upside for investors looking to maximize returns. The upstairs has 2-(2bed/1bath) units The main level has 2-(2bed/1bath) units. and back side of the building on the lowest level there are 2-(1bed/1bath) units. All units have tile flooring, fresh paint, and newer appliances. With its central location, proximity to downtown, ETSU, and major employers, this property is ideally positioned for long-term appreciation and increased rent potential! *Information deemed reliable but not guaranteed, buyer/buyers agent to verify all information
For sale
$674,999
3411 W Walnut St, Johnson City, TN 37604
8beds
4baths
--sqft
Est.:
Multi Family
Built in 1965
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 58 days
- on Zillow |
- 512 |
- 23 |
Zillow last checked: 7 hours ago
Listing updated: April 30, 2025 at 07:07am
Listed by:
Matthew McCrory 423-557-7839,
True North Real Estate 423-210-4155
Source: TVRMLS,MLS#: 9979408
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Baseboard
Cooling
- Window Unit(s)
Appliances
- Included: Range, Refrigerator
Features
- Flooring: Tile
Interior area
- Total structure area: 0
Property
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.38 Acres
- Dimensions: 99.89 x 176 IRR (.38 AC)
- Topography: Level, Cleared
Details
- Parcel number: 053o B 006.00
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick, Vinyl Siding
- Roof: Asphalt,Shingle
Condition
- Above Average
- New construction: No
- Year built: 1965
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Johnson City
Financial & listing details
- Tax assessed value: $307,400
- Annual tax amount: $2,103
- Date on market: 4/28/2025
- Listing terms: Cash,Conventional,FHA
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