This turn-key investment opportunity includes five well-maintained apartment units, each offering a spacious one-bedroom layout with approximately 784 square feet. The interiors have been thoughtfully refreshed, featuring updated wood flooring, modern ceiling fans, and full appliance packages--including a stove, refrigerator, dishwasher, and in-unit washer and dryer hookup.
The property also offers generous basement storage space for owner use
This turn-key 5-unit multifamily property in Johnson City offers stable income with all units currently leased.
Each unit is a 1-bedroom, 1-bath (784 SF) with updated flooring, modern fixtures, full appliance packages, and washer/dryer hookups.
Tenants pay their own utilities, helping keep expenses low. The property also includes basement storage for owner use.
A low-maintenance, income-producing asset ideal for investors seeking reliable cash flow.
Sold for $365,000
$365,000
1308 Bell Ridge Rd, Johnson City, TN 37601
1beds
1baths
3,920sqft
Multi Family
Built in 2001
-- sqft lot
$-- Zestimate®
$93/sqft
$977 Estimated rent
Home value
Not available
Estimated sales range
Not available
$977/mo
Zestimate® history
Owner options
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$977/mo
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$977/mo
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$2,142/mo
Est. payment
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$2,142/mo
Est. payment
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List your homeWhat's special
Updated wood flooringFull appliance packagesModern ceiling fansSpacious one-bedroom layout
Zillow last checked:
Listing updated:
Listed by:
Bryan Sangid 423-656-0333,
The Elite Team Agency,
Joe Wilson 423-656-0333,
The Elite Team Agency
Bought with:
Jennifer Riddle, 338883
KW Johnson City
Source: TVRMLS,MLS#: 9993045
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 1
Heating
- Heat Pump
Cooling
- Ceiling Fan(s), Central Air
Appliances
- Included: Dishwasher, Disposal, Electric Range, Refrigerator
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Eat-in Kitchen, Kitchen/Dining Combo, Laminate Counters, Remodeled, Walk-In Closet(s)
- Flooring: Hardwood, Laminate
- Windows: Insulated Windows
- Basement: Dirt Floor,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,920
- Total interior livable area: 3,920 sqft
Property
Parking
- Parking features: Deeded, Asphalt
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Deck, Front Porch
- Exterior features: Other
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 0.76 Acres
- Dimensions: 363.18 x 208.27 IRR
- Topography: Wooded
Details
- Parcel number: 047i J 00400 000
- Zoning: R 3 / R 4
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Ranch
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Foundation: Block
- Roof: Asphalt,Shingle
Condition
- Updated/Remodeled,Above Average
- New construction: No
- Year built: 2001
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Security: Security System, Smoke Detector(s)
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Johnson City
Financial & listing details
- Price per square foot: $93/sqft
- Tax assessed value: $389,900
- Annual tax amount: $4,817
- Date on market: 3/30/2026
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 4/13/2026 | Sold | $365,000-14.1%$93/sqft |
Source: TVRMLS #9993045 Report a problem | ||
| 4/8/2026 | Pending sale | $425,000$108/sqft |
Source: TVRMLS #9993045 Report a problem | ||
| 3/30/2026 | Listed for sale | $425,000-29.2%$108/sqft |
Source: TVRMLS #9993045 Report a problem | ||
| 10/3/2024 | Listing removed | $599,900$153/sqft |
Source:  East Tennessee Realtors #1257921 Report a problem | ||
| 5/30/2024 | Price change | $599,900-7.7%$153/sqft |
Source: East Tennessee Realtors #1257921 Report a problem | ||
| 4/2/2024 | Listed for sale | $650,000$166/sqft |
Source: TVRMLS #9963962 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,817 +0.8% | $155,960 |
| 2024 | $4,779 +27.9% | $155,960 +72.4% |
| 2023 | $3,737 +6.4% | $90,480 |
| 2022 | $3,511 | $90,480 |
| 2021 | $3,511 +0.5% | $90,480 |
| 2020 | $3,493 +79.5% | $90,480 |
| 2019 | $1,945 | $90,480 -1.5% |
| 2018 | -- | $91,880 |
| 2017 | $3,924 | $91,880 |
| 2016 | $3,924 +10.9% | $91,880 |
| 2015 | $3,537 +6.9% | $91,880 |
| 2014 | $3,308 | $91,880 |
| 2013 | -- | $91,880 -3.3% |
| 2011 | $3,311 +0.9% | $95,040 |
| 2010 | $3,283 | $95,040 |
| 2009 | $3,283 | $95,040 |
| 2008 | -- | $95,040 +16.2% |
| 2007 | $3,501 +8.9% | $81,800 |
| 2006 | $3,215 +3.4% | $81,800 |
| 2005 | $3,108 | $81,800 |
| 2004 | $3,108 +3% | $81,800 +10.5% |
| 2003 | $3,019 | $74,000 +0% |
| 2001 | -- | $73,977 +270.3% |
| 2000 | -- | $19,980 |
Find assessor info on the county website
Neighborhood: 37601
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Nearby schools
GreatSchools rating
- 6/10Mountain View Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10Indian Trail Middle SchoolGrades: 6-8Distance: 5.4 mi
- 8/10Science Hill High SchoolGrades: 9-12Distance: 2.3 mi
Schools provided by the listing agent
- Elementary: Mountain View
- Middle: Liberty Bell
- High: Science Hill
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Tennessee
- Washington County
- Johnson City
- 37601
- 1308 Bell Ridge Rd
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