Multi Family Investment Properties for Sale in Johnson City, TN
596- 2 Bed
- 2 Bath
- - sft
364- 4 Bed
- 2 Bath
- 1572 sft
689- 4 Bed
- 2 Bath
- - sft
203- 3 Bed
- 1 Bath
- 1443 sft
-- 1 Bed
- 1 Bath
- 600 sft
502- 3 Bed
- 1 Bath
- 1205 sft
869- 2 Bed
- 1 Bath
- 1102 sft
182- 3 Bed
- 2 Bath
- 984 sft
174- 3 Bed
- 2 Bath
- 1625 sft
-- 3 Bed
- 2 Bath
- 1236 sft
- 3 Bed
- 3 Bath
- 1220 sft
637- 3 Bed
- 2 Bath
- 1501 sft
167- 2 Bed
- 2 Bath
- 1056 sft
199- 3 Bed
- 1 Bath
- 898 sft
393- 2 Bed
- 1 Bath
- 1047 sft
184- 3 Bed
- 2 Bath
- 1331 sft
155- 3 Bed
- 1 Bath
- 1100 sft
179- 3 Bed
- 1 Bath
- 1191 sft
-- 2 Bed
- 1 Bath
- 784 sft
173- 2 Bed
- 1 Bath
- 728 sft
183- 3 Bed
- 2 Bath
- 1216 sft
173- 3 Bed
- 2 Bath
- 1837 sft
180- 2 Bed
- 1 Bath
- 1092 sft
189- 3 Bed
- 2 Bath
- 976 sft
184- 6 Bed
- 2 Bath
- 2914 sft
167- 1 Bed
- - Bath
- 600 sft
172- 3 Bed
- 1 Bath
- 1134 sft
Why Invest in Johnson City, Tennessee?
Johnson City, TN offers strong opportunities in **multi-family** investments with steady demand from healthcare workers and ETSU students. Renter-occupied rates exceed 40%, supporting reliable cash flows around $400 per unit monthly. Cap rates hover at 6-7% amid 3-4% annual appreciation and average rents near $1,200. Growing inventory at 3.5 months favors balanced deals for duplexes and small apartments. Healthcare expansion and tourism bolster long-term rental stability.
Frequently Asked Questions
Demand from ETSU students and Ballad Health workers ensures high occupancy over 95%. Average rents of $1,200 yield 7% returns with 3-4% appreciation. Balanced inventory favors steady cash flow investments.
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