Townhouse Investment Properties for Sale in Johnson City, TN
237- 2 Bed
- 2 Bath
- 1388 sft
646- - Bed
- 3 Bath
- 1200 sft
1193- - Bed
- 2 Bath
- 1750 sft
919- 2 Bed
- 2 Bath
- 1474 sft
Why Invest in Johnson City, Tennessee?
Townhouses in Johnson City, TN, offer investors a balanced entry into the Tri-Cities market with steady appreciation and reliable rental demand. Nestled in the Appalachian foothills, these properties benefit from healthcare and education growth driving 3-4% annual appreciation. Average rents hold strong amid low vacancy, yielding cap rates around 6-7%. Inventory normalizing to 3.5 months supports favorable purchase opportunities. Investor cash flow averages $250 monthly, bolstered by ETSU and Ballad Health employment.
Frequently Asked Questions
Yes, townhouses offer 6-7% cap rates and strong demand from ETSU students and healthcare workers. Average rents of $1,450 ensure positive cash flow. Low vacancy at 5% supports reliable occupancy.
Find Your Perfect Investment Property in Johnson City, Tennessee
Explore investment opportunities by strategy, performance, or property type
