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Executive Summary

Rare Investment Opportunity Near Historic Downtown Jonesborough! Fantastic opportunity to own a fully occupied 8-unit apartment property in an incredible location within walking distance of charming historic downtown Jonesborough. Each unit offers 2 bedrooms and 1 full bath, a fully equipped kitchen, washer and dryer hookups, luxury vinyl flooring, and window blinds. All 8 units are currently rented, providing immediate rental income with potential for future rent increases. 5 units are equipped with mini-split heating and cooling systems, while the remaining 3 have window air-conditioning units. A new roof was installed in 2020, adding to the property's appeal and long-term value. The location is truly hard to beat! Residents can walk to historic downtown Jonesborough to enjoy its restaurants, shops, community events, and small-town charm. The property is also within walking distance of the Jonesborough Senior Center and conveniently located near a public pickleball court, adding even more recreational opportunities nearby. Plus, Johnson City and the surrounding Tri-Cities area are just a short drive away. Whether you're looking to expand your investment portfolio or add a fully occupied multifamily property with future income potential, this 8-plex offers an outstanding combination of location, occupancy, and opportunity. Rent rolls for all 8 units attached

Property Facts

Price $2,421,300 CAD
Price Per Unit $302,662 CAD
Sale Type Investment
Sale Conditions
Build to Suit
  • Building in Shell Condition
No. Units 8
Property Type Multifamily
Property Subtype Apartment
Building Class C
Building Size 800 SF
No. Stories 1
Year Built 1980
Zoning Multi
Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
052O-D-011.03
Land Assessment
$15,496 CAD
Improvements Assessment
$213,240 CAD
Total Assessment
$228,737 CAD
  • Listing ID: 41877021

  • Date on Market: 2026-08-25

  • Last Updated:

  • Address: 210 Longview Ave, Jonesborough, TN 37659

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