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 |
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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 |
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City | Johnson City |
County | Washington |
State | TENNESSEE |
Zip Code | 37604 |
Amenities
Amenities | Landscaping |
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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 |
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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 |
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Lot Description | Cleared |
Roof | Shingle |
School Information
Elementary | Jonesborough |
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Middle | Jonesborough |
High | David Crockett |
Additional Information
Date Listed | September 16th, 2025 |
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Days on Market | 7 |
Zoning | residential |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | Property Executives Johnson City |
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