Presenting this 12-unit apartment community located in Johnson City, TN. The property consists of ten 2-bedroom / 1-bath units and two 1-bedroom / 1-bath units. Significant capital improvements have been completed over the past five years, including a new roof, updated HVAC systems, electrical panels, and plumbing upgrades. Additionally, all but two units have been fully renovated, creating a strong value-add opportunity through the completion of the remaining unit renovations. Ideally positioned less than two miles from East Tennessee State University and Johnson City Medical Center, the property benefits from proximity to two of the area's largest employment and demand drivers. Its central location also provides convenient access to major retail, dining, and transportation corridors.
For sale
$1,200,000
707 Carter Sells Rd, Johnson City, TN 37604
--beds
0baths
7,650sqft
Est.: Get pre-qualified
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$157/sqft
$-- HOA
What's special
Plumbing upgradesNew roofElectrical panelsUpdated hvac systems
- 25 days |
- 291 |
- 21 |
Zillow last checked:
Listing updated:
Listed by:
Kevin G. Tipton 865-233-6441,
PWA Properties 865-233-6441,
Cohl Morgan 865-603-9887,
PWA Properties
Source: East Tennessee Realtors,MLS#: 1340073
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Range, Refrigerator
Features
- Flooring: Laminate
Interior area
- Total structure area: 7,650
- Total interior livable area: 7,650 sqft
Property
Parking
- Parking features: Off Street, On Premise Parking
Features
- Exterior features: Balcony
Lot
- Size: 0.6 Acres
- Dimensions: 135.16 x 194.98 IRR
Details
- Parcel number: 053L B 016.01
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick
Condition
- Year built: 1961
Community & HOA
Location
- Region: Johnson City
Financial & listing details
- Price per square foot: $157/sqft
- Tax assessed value: $613,300
- Annual tax amount: $7,577
- Date on market: 5/8/2026
- Listing terms: New Loan,Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Listed for sale | $1,200,000+247.8%$157/sqft |
Source: | ||
| 9/9/2020 | Sold | $345,000-1.4%$45/sqft |
Source: Public Record Report a problem | ||
| 2/12/2018 | Sold | $350,000+4.5%$46/sqft |
Source: Public Record Report a problem | ||
| 4/17/2015 | Sold | $335,000-4.3%$44/sqft |
Source: TVRMLS #344553 Report a problem | ||
| 5/15/2007 | Sold | $350,000-19.7%$46/sqft |
Source: Public Record Report a problem | ||
| 8/17/2005 | Sold | $435,700$57/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,577 +0.8% | $245,320 |
| 2024 | $7,517 +17.6% | $245,320 +58.6% |
| 2023 | $6,390 +9.1% | $154,720 +2.5% |
| 2022 | $5,859 | $151,000 |
| 2021 | $5,859 +0.5% | $151,000 |
| 2020 | $5,829 +79.5% | $151,000 |
| 2019 | $3,247 | $151,000 +68.1% |
| 2018 | -- | $89,840 |
| 2017 | $3,836 | $89,840 |
| 2016 | $3,836 +10.9% | $89,840 |
| 2015 | $3,459 +6.9% | $89,840 |
| 2014 | $3,234 | $89,840 |
| 2013 | -- | $89,840 -1.6% |
| 2011 | $3,182 +0.9% | $91,320 |
| 2010 | $3,154 | $91,320 |
| 2009 | $3,154 | $91,320 |
| 2008 | -- | $91,320 +21.6% |
| 2007 | $3,213 +8.9% | $75,080 |
| 2006 | $2,951 +3.4% | $75,080 |
| 2005 | $2,853 | $75,080 |
| 2004 | $2,853 +3.1% | $75,080 +10.7% |
| 2003 | $2,768 | $67,840 +2.6% |
| 2001 | -- | $66,101 -60% |
| 2000 | -- | $165,253 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 37604
Nearby schools
GreatSchools rating
- 9/10Woodland Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 8/10Liberty Bell Middle SchoolGrades: 6-8Distance: 2.2 mi
- 8/10Science Hill High SchoolGrades: 9-12Distance: 2.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Washington County
- Johnson City
- 37604
- 707 Carter Sells Rd






