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3536/3538 Walnut Street

Johnson City, TN 37604
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Bed --

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Bath 0

Bath

Acres1.11

Acres(Lot)

Investor's Dream!! 3 Units, Strong Cash Flow & Endless Possibilities! This unique property offers three separate rental units with excellent income potential. The duplex features brick and metal exterior and includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both updated inside. Kitchen offers oak cabinetry with upgraded appliances. Flooring throughout is stained concrete with tile in the baths. Natural gas water heater and gas logs in duplex units. All bedrooms have ceiling fans. A separate 3-bedroom/2-bath double wide provides even more rental versatility with plenty of living space. With a mix of unit sizes, this property appeals to a wide range of tenants and delivers consistent rental income. Whether you're expanding your investment portfolio or searching for a strong ca sh-flow property, this one checks all the boxes! NO city taxes! 3536 W. Walnut: -Unit #1 is a 2 bedroom 1 bath unit renting for $1350.00 per month. Includes power, gas, and water. -Unit #2 is a 1 bedroom 1 bath unit renting for $1050.00 per month. Includes power, gas, and water. 3538 W. Walnut: -3 bedroom 2 bath renting for $1515.00 per month and includes power, gas, and water. All 3 units are on 1 parcel. Duplex and double wide have separate water meters. UNITS ARE ALL OCCUPIED, PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS. NO SIGN OR LOCKBOX

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Detail Ic Property Details

Property Type : Residential Income

Price : $449,000

AD Id : 67021159

MLS Id : 9985865

Lot Size : 1.11 Acres

Year Built : 1940

County : Washington

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Feature Features

  • Flooring Information

    Tile, Concrete, Laminate
  • Roofing Information

    Shingle
  • Interior Features

    Laminate Counters, Open Floorplan Roof: Shingle Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Heat Pump Has Cooling: Yes Cooling: Ceiling Fan(s), Heat Pump

  • Building Information

    Year Built: 1940 Building Area Total: 1764 Construction Materials: Brick, Metal Siding, Vinyl Siding Patio And Porch Features: Front Porch Private Pool: No

  • Lot Information

    Main Square Feet: 1.11 Acres Lot Size Acres: 1.11 Lot Size Square Feet: 48351.6

  • Listing Price Information

    Listing Price: $449000 Cash, Conventional

  • Tax Information

    Parcel Number: 053j A 015.00

  • Parking Information

    Driveway, Asphalt
    Homeowners Association Information
    Association Amenities: Landscaping

  • School Information

    Elementary School: Jonesborough
    Junior High School: Jonesborough
    Senior High School: David Crockett
  • Utility Information

    Cable Available, Natural Gas Available, Electricity Connected, Cable Connected
  • Location Information

    Direction: From State of Franklin, take W Walnut Street for approximately 3 miles. Property will be on the right. GPS friendly. NO SIGN WaterSource: Public Security Features: Smoke Detector(s)
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1412 Knob Creek Road, Johnson City, TN, 37604 $1,600,000 -- -- --
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 -- -- --

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.

ByOwner last updated this listing 06/20/2026 @ 18:47

MLS: 9985865 LISTED BY: Meghan Masters, Property Executives Johnson City 423-952-0226 SOURCE: TennesseeVirginia Regional MLS

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