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108 Melody Lane (D-1,D-2,D-3)
Bristol TN 37620 US

$395,000

Active Listing ID 9998279
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6 bed
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6.00 Bath (6 Full)
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Lot: 0.30 Acres
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Other

$395,000

Active Listing ID 9998279
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108 Melody Lane (D-1, D-2, D-3) **Investment Opportunity - Three Townhomes Sold as One Portfolio** Excellent opportunity to acquire an income-producing investment portfolio consisting of three townhomes being sold together on one parcel in the Holston Villas community. D-1, D-2, and D-3. This portfolio offers stable cash flow with a proven history of reliable, long-term tenants and consistent on-time rental payments. Each townhome features approximately 1, 466+/- square feet--significantly larger than many comparable units in Holston Villas--offering 2 bedrooms, 2 full bathrooms, including a primary en-suite, an open-concept living and dining area, functional kitchen, front and rear patios, a dedicated laundry/storage room, and generous interior storage. Each unit has one spot plus plentiful overflow parking. Each unit has its own laundry room located off the bedroom. Recent owner-funded capital improvements include a new roof (2024) and complete renovation of Unit D-1. A detailed maintenance history is available upon request. Video walkthroughs are coming soon. The property is individually deeded and owned by Delta Management Properties, LLC and is located within the Holston Villas Homeowners Association. The parcel includes the corner of King College Road and Melody Lane, the upper parking area, and extends along the north side of the sidewalk. A boundary survey is available. Current ownership maintains an independent insurance policy rather than participating in the HOA master policy. HOA is $180 per month for the all three units. It includes snow removal, shared dumpster, and grass cutting. Property tax information, insurance costs, survey, maintenance records, and additional financial documentation are available to qualified buyers upon request. With oversized floor plans, recent capital improvements, established tenancy, and a strong rental history, this is an outstanding opportunity to acquire a stabilized, turnkey investment in the Bristol market. Located across the street from the new fire station and elementary school. A short drive or bike ride to King University. This investment has a very low history of vacancy.

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Property Features

  • Facts
  • Lot Size: 0.30 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 6
  • Cooling System: Central Air
  • Floor Covering: Hardwood, Carpet, Vinyl
  • Roof Type: Asphalt, Shingle
  • Heating Fuels: Heat Pump (Heating), Forced Air
  • Additional Features
  • Patio

School Information

  • School
  • Holston View(Elementary)
  • Tennessee Middle(MiddleSchool)
  • Tennessee(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 395000
  • unparsedaddress: 108 Melody Lane (D-1, D-2, D-3)
  • postalcity: Bristol
  • stateorprovince: TN
  • country: US
  • postalcode: 37620
  • bathroomsfull: 6
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.3
  • lotsizeunits: Acres
  • lotsizearea: 0.3
  • livingarea: 4299
  • livingareaunits: Square Feet
  • latitude: 36.585468
  • longitude: -82.139969
  • listagentfullname: Amy Booher
  • listagentemail: amy.booher@yahoo.com
  • listagentkey: 3yd-TVARMLS-1846
  • listagentmlsid: 1846
  • listagentpreferredphone: 4239674224
  • listagentofficephone: 4239674224
  • listofficekey: 3yd-TVARMLS-1251
  • listagentstatelicense: 325828
  • listofficemlsid: 1251
  • 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: 1986
  • listingcontractdate: 2026-07-16
  • countyorparish: Sullivan
  • parcelnumber: 021e E 001.00
  • elementaryschool: Holston View
  • highschool: Tennessee
  • appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • cooling: Central Air
  • constructionmaterials: Vinyl Siding
  • flooring: Hardwood, Carpet, Vinyl
  • heating: Heat Pump (Heating), Forced Air
  • numberofunitstotal: 3
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Asphalt, Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Entrance Foyer, Laminate Counters, Open Floorplan, Remodeled
  • architecturalstyle: Other
  • rooms: Bathroom 3, Bedroom 4, Bathroom 6, Bedroom 5, Bathroom 1, Bathroom 4, Bedroom 2, Bathroom 2, Bedroom 3, Bathroom 5, Bedroom 6, Bedroom 1
  • otherstructures: Storage
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.13997, 36.58547
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Addington Agency Bristol", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"amy.booher@yahoo.com", "ListBrokerageCity":"Bristol", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Addington Agency Bristol", "ListBrokeragePhone":"(423) 845-5800", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"121 Bluff City Hwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"121 Bluff City Hwy ", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"1251", "ListOfficeCity":"Bristol", "ListOfficeCountry":"US", "ListOfficeEmail":"jenklusk@gmail.com", "ListOfficePostalCode":"37620", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Other - Bristol, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/108-Meadow-Ln-Unit-D_Bristol_TN_37620_M91631-22310?f=listhub&s=TVARMLS&m=9998279&c=rexren", "MLSModificationTimestamp":"2026-07-18 15:21:18", "Neighborhoods":[{"Description":null, "Name":"Holston Villa Town"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2038, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/18/2026 3:23:51 PM GMT
Source Updated Date: 7/24/2026 12:56:16 PM GMT

Courtesy of: Amy Booher, The Addington Agency Bristol, amy.booher@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.