112 S Watauga Ave, Elizabethton, TN 37643
New
$4,600,000
Property Type:
Multi-Family
Square Footage:
62,307
Status:
Active
Current Price:
$4,600,000
List Date:
10/08/2025
Last Modified:
10/08/2025
Description
Presenting 80 value-add units in Elizabethton, Tennessee. Elizabethton is located in the tri-cities region of East Tennessee, just 15 minutes from downtown Johnson City. This listing features 7 buildings that make up 80 units, all of which are located within minutes from each other. There are 44 two bed / one bath units, 27 one bed / one bath units, and 9 three bed / one bath units. Tenants pay their own electric and water is partially billed back to tenants. These properties are being sold as is.
More Information MLS# 1317914
Location, Tax & Legal Info
Area: Carter County - 29
City/County Code: City Limits
Elementary School: Cloudland
Middle School: Cloudland
Total Tax: 33290.3
High School: Cloudland
Contract Info
Auction Y/N: No
Listing Price: 4600000
Current Price: $4,600,000
Status: Active
Listing Date: 2025-10-08
General Property Description
Lot Dimensions: n/a
Utilities/Mo Avg: 0
Property Status: N/A
Driveway: Concrete
SqFt - Total (Aprox): 62307
Number of Units: 80
Year Built: 1925
Remarks & Misc
Directions: From Broad Street (US-321), turn right onto N Lynn Ave. Then take a right onto E Elk Ave. After 0.1mi turn left onto Watauga Ave. Property is on the left.
Public Remarks: Presenting 80 value-add units in Elizabethton, Tennessee. Elizabethton is located in the tri-cities region of East Tennessee, just 15 minutes from downtown Johnson City. This listing features 7 buildings that make up 80 units, all of which are located within minutes from each other. There are 44 two bed / one bath units, 27 one bed / one bath units, and 9 three bed / one bath units. Tenants pay their own electric and water is partially billed back to tenants. These properties are being sold as is.
Property Sub-Type
Apartment: 1
Construction
Frame: 1
Frame - Brick: 1
Type of Units
1 Bedroom Unit: 1
2 Bedroom Unit: 1
3 or more Bdrm Units: 1
Sale Includes
Building and Land: 1
Cooling
Window Unit(s): 1
Floors
Carpet: 1
Laminate: 1
Tile: 1
Garage/Parking
On Premise Parking: 1
Fuel
Other Fuel: 1
Heat
Central: 1
Other Rooms
Other: 1
Roof
Metal: 1
New Financing
Cash: 1
Conventional: 1
New Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 112
St Dir: S
Street Name: Watauga
St Suffix: Ave
State/Province: TN
Zip Code: 37643
PIN #: 041G E 006.00
Geo Lat: 36.346029
Geo Lon: -82.222306
Status Change Info
Status Change Date: 2025-10-08
Property Features
Property Sub-Type: Apartment
Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes: Building and Land
Floors: Carpet; Laminate; Tile
Fuel: Other Fuel
Heat: Central
Cooling: Window Unit(s)
Construction: Frame; Frame - Brick
Roof: Metal
Other Rooms: Other
New Financing: Cash; Conventional; New Loan
Showing: See Agent Instructns
Listing Office: PWA Properties
Office Phone: 865-233-6441
Last Updated: October - 08 - 2025
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