80 Jones Rd, Erwin, TN 37650

$3,750,000
Property Type: Multi-Family Square Footage: 31,433 Status: Closed
Current Price: $3,750,000 List Date: 6/20/2025 Last Modified: 10/10/2025

Overview

Description

Presenting Liberty Estates Apartments located at 80 Jones Road, Erwin, TN 37650. The property is located within 15 minutes of Downtown Johnson City and East Tennessee State University. This 45-unit multifamily property consists of eighteen 2 bed / 1.5 bath units, seventeen 1 bed / 1 bath units, nine 2 bed / 1 bath units, and one 3 bed / 2 bath unit. Fifteen units have washer / dryer hookups, while the remaining units have access to the on-sire laundry room. In addition, tenants pay all their utilities.

Listing Details MLS# 1303984

Location Tax Legal Info

House #
80
Street Name
Jones
St Suffix
Rd
State/Province
TN
Zip Code
37650
PIN #
031G A 039.00

Contract Info

Auction Y/N
No
Listing Price
3950000

General Property Description

SqFt - Total (Aprox)
31433
Lot Dimensions
n/a
Number of Units
45
Utilities/Mo Avg
1110
Year Built
1991
Property Status
N/A
Driveway
Paved

Status Change Info

Status Change Date
2025-10-10
Under Contract Date
2025-08-12
Sold Date
2025-10-10

Location, Tax & Legal Info

Area
Unicoi County
City/County Code
City Limits
Total Tax
21850.61

Remarks & Misc

Directions
S Main to left on Love St., right on Carolina Ave, right on Jones Rd, property approx. 1/4 mi on the right.
Public Remarks
Presenting Liberty Estates Apartments located at 80 Jones Road, Erwin, TN 37650. The property is located within 15 minutes of Downtown Johnson City and East Tennessee State University. This 45-unit multifamily property consists of eighteen 2 bed / 1.5 bath units, seventeen 1 bed / 1 bath units, nine 2 bed / 1 bath units, and one 3 bed / 2 bath unit. Fifteen units have washer / dryer hookups, while the remaining units have access to the on-sire laundry room. In addition, tenants pay all their utilities.

More Information

Property Sub-Type

Apartment
Yes

Construction

Frame - Brick
Yes

Type of Units

1 Bedroom Unit
Yes
2 Bedroom Unit
Yes
3 or more Bdrm Units
Yes

Sale Includes

Building and Land
Yes

Miscellaneous

Coin Laundry
Yes
Washer/Dryer Cnctns
Yes

Cooling

Central Cooling
Yes

Floors

Laminate
Yes
Vinyl
Yes

Garage/Parking

On Premise Parking
Yes

Fuel

Other Fuel
Yes

Heat

Central
Yes

Other Rooms

Other
Yes

Roof

Shingle
Yes

New Financing

Cash
Yes
Conventional
Yes
New Loan
Yes

Showing

See Agent Instructns
Yes

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: Laminate; Vinyl Fuel: Other Fuel Heat: Central Cooling: Central Cooling Construction: Frame - Brick Roof: Shingle Other Rooms: Other Miscellaneous: Coin Laundry; Washer/Dryer Cnctns New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
Listing Office: SVN I Wood Properties
IDX
Office Phone: 865-936-9999
Last Updated: October - 10 - 2025
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.