1412 Knob Creek Road
Johnson City, TN 37604
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Bed
0
Bath
1.30Acres(Lot)
Passive income or owner operator! This portfolio consists of 8 units of multifamily being rented out at $1250 per month, two bed, one bath, in newly renovated units, as well as adjacent Commercial building with new roof and renovated exterior. Proforma NOI with Commercial space at $10/NNN will be $164,936. The Old Norris Bicycle building, and adjacent quadplexes are being sold together ONLY! This is your opportunity to diversity your investments with a commercial piece, or put your business into a 4748 sq ft Commercial space all your own, and keep the apartments as rentals. Subdividing of apartments from new condos is underway, and will put the 8 units on approximately one acre of their own land, more or less, with large back yard area. Massive renovations have taken place
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Other, Carpet, Laminate -
Heating & Cooling
Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: Ceiling Fan(s), Central Air
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Building Information
Year Built: 1965 Building Area Total: 10991 Construction Materials: Brick, Vinyl Siding Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 58000 Main Square Feet: 1.3 Acres Lot Size Acres: 1.3 Lot Size Square Feet: 56628
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Listing Price Information
Listing Price: $1600000
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Tax Information
Parcel Number: 046i E 013.00
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Parking Information
AsphaltHomeowners Association InformationAssociation Amenities: Landscaping
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School Information
Elementary School: Woodland ElementaryJunior High School: Liberty BellSenior High School: Science Hill -
Location Information
Direction: Corner of Pactolas and Knob Creek Road in Johnson City, between Sunset and State of Franklin. Property is commercial 4748 sq ft commercial space, and 8 next door apartments. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1419 Colony Park Drive, Johnson City, TN, 37604 | $1,219,000 | -- | -- | -- | |
| 216 Mckinley Church Road, Johnson City, TN, 37604 | $399,900 | -- | -- | -- | |
| 3411 Walnut Street, Johnson City, TN, 37604 | $674,999 | -- | -- | -- | |
| 3536/3538 Walnut Street, Johnson City, TN, 37604 | $449,000 | -- | -- | -- |
Similar Multifamily To 1412 Knob Creek Road
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ByOwner last updated this listing 06/19/2026 @ 17:51
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