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Johnson City TN 37604 US

$799,000

Active Listing ID 9984005
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6 bed
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4.00 Bath (4 Full)
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Lot: 0.17 Acres
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Other

$799,000

Active Listing ID 9984005
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Turnkey. Timeless. Fully Leased. Opportunities like this don't wait-and neither should you. Located steps from everything downtown offers, and positioned squarely in the path of continued revitalization, this fully occupied 8-unit asset delivers what investors are chasing right now: character, stability, and immediate income. Known locally as ''The Hive, '' this one-of-a-kind building offers eight distinct floor plans, ranging from one- and two-bedroom units-a rarity in a market flooded with cookie-cutter rentals. The craftsmanship of the era is unmistakable: exposed brick built-ins, vintage hardwood floors, and architectural details you simply cannot recreate today. This is authentic charm, not manufactured nostalgia. From an operational standpoint, the property checks every box. All units have heating and air, utilizing a blend of mini-splits and window units where appropriate. The building has been mostly updated, and the metal roof installed in 2020 provides peace of mind for years to come. This is not a value-add gamble-this is a turnkey performer. Demand here isn't speculative-it's proven. Downtown proximity keeps this property insulated from market swings and positions it for long-term durability. 8 units. Fully leased. Prime location. Historic appeal. Modern updates. Assets like this do not come to market often-and when they do, they move. Rent rolls and financials available upon request.

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Property Features

  • Facts
  • Lot Size: 0.17 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 4
  • Cooling System: Central Air, Window Unit(s)
  • Exterior Finish: Deck, Porch
  • Floor Covering: Concrete, Hardwood
  • Roof Type: Metal
  • Heating Fuels: Central
  • Additional Features
  • Patio

School Information

  • School
  • South Side(Elementary)
  • Indian Trail(MiddleSchool)
  • Science Hill(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 799000
  • postalcity: Johnson City
  • stateorprovince: TN
  • country: US
  • postalcode: 37604
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.17
  • lotsizeunits: Acres
  • lotsizearea: 0.17
  • livingarea: 0
  • livingareaunits: Square Feet
  • listagentfullname: Ronald Barrett
  • listagentemail: ronbarrett423@yahoo.com
  • listagentkey: 3yd-TVARMLS-32300
  • listagentmlsid: 32300
  • listagentpreferredphone: 4234836095
  • listagentofficephone: 4234836095
  • listofficekey: 3yd-TVARMLS-612
  • listagentstatelicense: 340608
  • listofficemlsid: 612
  • disclaimer: Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 1913
  • listingcontractdate: 2025-08-03
  • listagenturl: http://www.kw.com
  • countyorparish: Washington
  • elementaryschool: South Side
  • highschool: Science Hill
  • appliances: Cooktop, Electric Range, Refrigerator
  • cooling: Central Air, Window Unit(s)
  • constructionmaterials: Brick
  • flooring: Concrete, Hardwood
  • heating: Central
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • interiorfeatures: Built-in Features
  • architecturalstyle: Other
  • rooms: Bedroom 6, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 5, Bathroom 4, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2
  • patioandporchfeatures: Deck, Porch
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: False
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Greater Kingsport Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ronbarrett423@yahoo.com", "ListBrokerageCity":"Johnson City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw855@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TVARMLS/26c682a0df5a11e18fb91231380dd437/20191114145300231.png", "ListBrokerageName":"Greater Kingsport Realty", "ListBrokeragePhone":"(423) 433-6500", "ListBrokeragePostalCode":"37604", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3009 Greenline Road", "ListBrokerageWebsiteUrl":"http://www.kw.com", "ListOfficeAddress1":"3009 Greenline Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"612", "ListOfficeCity":"Johnson City", "ListOfficeCountry":"USA", "ListOfficeEmail":"jenniresonrealtor@gmail.com", "ListOfficePostalCode":"37604", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Johnson City, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/Johnson-City_TN_37604_M98455-79995?f=listhub&s=TVARMLS&m=9984005&c=rexren", "MLSModificationTimestamp":"2026-01-14 13:16:53", "Neighborhoods":[{"Description":null, "Name":"Tree Streets"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":3249, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/14/2026 1:21:40 PM GMT
Source Updated Date: 1/14/2026 7:10:13 PM GMT

Courtesy of: Ronald Barrett, KW Johnson City, ronbarrett423@yahoo.com

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.