3536/3538 West Walnut Street, Johnson City, TENNESSEE

$524,900

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1,764

Square feet

1.11

Acres

About 3536/3538 West Walnut Street

Investor's Dream!! 3 Units, Strong Cash Flow & Endless Possibilities! This unique property offers three separate rental units with excellent income potential. The duplex features brick and metal exterior and includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both updated inside. Kitchen offers oak cabinetry with upgraded appliances. Flooring throughout is stained concrete with tile in the baths. Natural gas water heater and gas logs in duplex units. All bedrooms have ceiling fans. A separate 3-bedroom/2-bath double wide provides even more rental versatility with plenty of living space. With a mix of unit sizes, this property appeals to a wide range of tenants and delivers consistent rental income. Whether you're expanding your investment portfolio or searching for a strong cash-flow property, this one checks all the boxes! NO city taxes! 3536 W. Walnut: -Unit #1 is a 2 bedroom 1 bath unit renting for $1350.00 per month. Includes power, gas, and water. -Unit #2 is a 1 bedroom 1 bath unit renting for $1050.00 per month. Includes power, gas, and water. 3538 W. Walnut: -3 bedroom 2 bath renting for $1515.00 per month and includes power, gas, and water. All 3 units are on 1 parcel. Duplex and double wide have separate water meters. UNITS ARE ALL OCCUPIED, PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS. NO SIGN OR LOCKBOX

Features of 3536/3538 West Walnut Street

MLS® # 9985865
Price $524,900
Square Footage 1,764
Acres 1.11
Year Built 1940
Type Multi Family
Sub-Type Multi Family
Style Duplex, Other
Status Active

Community Information

Address 3536/3538 West Walnut Street
City Johnson City
County Washington
State TENNESSEE
Zip Code 37604

Amenities

Amenities Landscaping
Utilities Electricity Connected, Natural Gas Available, Cable Connected
Garages Driveway, Asphalt
Is Waterfront No

Interior

Interior Features Kitchen/Dining Combo, Laminate Counters, Open Floorplan, Remodeled
Appliances Dishwasher, Electric Range, Microwave, Refrigerator
Heating Heat Pump
Cooling Ceiling Fan(s), Heat Pump
Fireplace No
Stories One
Has Basement No

Exterior

Exterior Brick, Metal Siding, Vinyl Siding
Lot Description Cleared
Roof Shingle

School Information

Elementary Jonesborough
Middle Jonesborough
High David Crockett

Additional Information

Date Listed September 16th, 2025
Days on Market 7
Zoning residential
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeProperty Executives Johnson City

Listing Map

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