Multi Family Investment Properties for Sale in Johnson City, TN
160- 8 Bed
- 4 Bath
- - sft
213- 4 Bed
- 1 Bath
- 907 sft
573- 2 Bed
- 2 Bath
- - sft
689- 4 Bed
- 2 Bath
- - 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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