N/A, Johnson City, TENNESSEE

$799,000

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0.17

Acres

About N/A

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.

Features of N/A

MLS® # 9984005
Price $799,000
Acres 0.17
Year Built 1913
Type Multi Family
Sub-Type Multi Family
Style Cluster
Status Active

Community Information

Address N/A
Subdivision Tree Streets
City Johnson City
County Washington
State TENNESSEE
Zip Code 37604

Amenities

Garages Deeded
Is Waterfront No

Interior

Interior Features Built-in Features
Appliances Cooktop, Electric Range, Refrigerator
Heating Central, Other
Cooling Central Air, Window Unit(s)
Fireplace No
# of Stories 2
Has Basement No

Exterior

Exterior Brick
Lot Description Sloped
Roof Metal

School Information

Elementary South Side
Middle Indian Trail
High Science Hill

Additional Information

Date Listed August 3rd, 2025
Days on Market 165
Zoning R2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKW Johnson City

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