30 Unit Meticulously maintained apartments in the heart of Johnson City. All brick 1 bedroom 1 bath 3-unit complex with high potential for rent increases. Same owner since 2015. The owner has done a lot of capital improvements & prides himself in maintaining a very good product. These units are ready for a new investor to take over & start making money. Owner not providing T12 or P&L. Seller has a total of 4 apartment complexes for sale.
Property Details
Property Features
Property Information:
Architectural Style: See Remarks
Year Built: 2004
Listing Office:
Office Name: The Brokers Realty & Auction
Office Phone: (423) 631-0355
Listing Agent: Jonathan Forester
Interior Features
Interior Information:
Appliances: Electric Range, Refrigerator
Flooring Type: Carpet
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 2.10 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: From W Market St in Johnson City, turn onto Indian Ridge Rd at Krispy Kreme. Property on left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,500,000
Tax Information:
Annual Amount: $16,201
Tax Year: 2020
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
7
/10
Woodland Elementary School
2303 Indian Ridge Rd
Distance between this listing and this school1.32 miles
Public District Grades PK-4
5
/10
North Side Elementary School
1000 N Roan St
Distance between this listing and this school1.45 miles
Public District Grades PK-4
7
/10
South Side Elementary School
1011 Southwest Ave
Distance between this listing and this school1.64 miles
Public District Grades PK-4
Nearby Schools
8
/10
Liberty Bell Middle School
718 Morningside Dr
Distance between this listing and this school0.74 miles
Public District Grades 7-8
7
/10
Indian Trail Intermediate School
307 Car Mol Dr
Distance between this listing and this school4.05 miles
Public District Grades 5-6
6
/10
Jonesborough Middle School
308 Forrest Dr
Distance between this listing and this school4.28 miles
Public District Grades 5-8
Nearby Schools
4
/10
Tennessee Virtual Learning Academy
2002 Indian Ridge Rd
Distance between this listing and this school0.90 miles
Public District Grades 9-12
8
/10
Science Hill High School
1509 John Exum Pkwy
Distance between this listing and this school1.05 miles
Public Magnet Grades 9-12
9
/10
University School
1 Alexendra Dr
Distance between this listing and this school1.12 miles
The neighbors living near this home have an average income of $14,930. The majority of Johnson City, TN residents have income less than $35k annually. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.
All data provided by Home Junction and Claritas
Living In Johnson City, TN
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What type of housing is available in Johnson City, TN?
Johnson City's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. The architectural styles vary, with a notable presence of traditional and craftsman designs. A significant portion of the homes were constructed during a development boom from the late 20th century to the early 2000s. The homeownership rate in Johnson City is robust, with a majority of residents owning their homes, while a smaller percentage are renters.
Is Johnson City, TN a good place to live?
Johnson City prides itself on a community-oriented atmosphere, with a blend of urban and suburban elements that contribute to its unique character. The city is celebrated for its annual festivals and events that highlight the local culture and foster a sense of togetherness among residents. The presence of parks and recreational areas adds to the city's charm, providing spaces for leisure and community engagement.
Are things conveniently located in Johnson City, TN?
The community is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Healthcare facilities in Johnson City are equipped to offer a range of services, from primary care to specialized treatments. The city also features a public library system that supports the educational and informational needs of its residents. Retail and dining options reflect the local culture, with an assortment of establishments that cater to a variety of tastes and preferences.
What does the transportation in Johnson City, TN look like?
Transportation in Johnson City includes a network of roads and highways that facilitate travel and commuting within the city and to neighboring areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods being more pedestrian-friendly than others. Bike paths and lanes are also present, promoting cycling as a viable mode of transport. Ride-sharing services are operational in the city, offering additional transportation choices for residents and visitors.
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This home is located at 1315 Indian Ridge Rd in Johnson City, TN and zip code 37604. This home, which was built in 2004, sits on a 2.10 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $3,500,000.
In November 2024, from all listings sold in Johnson City, TN there were more than 7 sold above asking price, over 63 sold below and more than 13 were sold right at the asked price. The number of listings in Johnson City, TN decreased by 8.8% between October 2024 and November 2024. In November 2024, listings were on the market for 71 days. During the same period, the median list price in this real estate market was $304,500.
From Rocket Homes Real Estate and based on county public records data.
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