3536/3538 West Walnut Street Johnson City, TN $ 524,900
3536/3538 West Walnut Street
$ 524,900
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3536/3538 West Walnut Street

Johnson City, TN, 37604
$ 524,900
Baths0.0 Sq 1,764

Monthly Estimate*

$ 3,275

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Studio

Single Family Home for sale in Johnson City, TN

for $524,900. This 1,764 square foot home was built in 1940 on a lot size of 1.11.

Investor's Dream!! 3 Units, Strong Cash Flow & Endless Possibilities! This unique property offers three separate rental units with excellent income potential. The duplex features brick and metal exterior and includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both updated inside. Kitchen offers oak cabinetry with upgraded appliances. Flooring throughout is stained concrete with tile in the baths. Natural gas water heater and gas logs in duplex units. All bedrooms have ceiling fans. A separate 3-bedroom/2-bath double wide provides even more rental versatility with plenty of living space. With a mix of unit sizes, this property appeals to a wide range of tenants and delivers consistent rental income. Whether you're expanding your investment portfolio or searching for a strong cash-flow property, this one checks all the boxes! NO city taxes! 3536 W. Walnut: -Unit #1 is a 2 bedroom 1 bath unit renting for $1350.00 per month. Includes power, gas, and water. -Unit #2 is a 1 bedroom 1 bath unit renting for $1050.00 per month. Includes power, gas, and water. 3538 W. Walnut: -3 bedroom 2 bath renting for $1515.00 per month and includes power, gas, and water. All 3 units are on 1 parcel. Duplex and double wide have separate water meters. UNITS ARE ALL OCCUPIED, PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS. NO SIGN OR LOCKBOX

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Single Family Active

Price

$ 524,900

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 892

Style

Duplex

Lot Size

1.11

Year Built

1940

Town/City

Johnson City

County/Region

Washington

MLS | Web ID

9985865

Features
Interior
Interior Amenities Kitchen/Dining Combo Laminate Counters Open Floorplan Remodeled
Flooring Tile Concrete Laminate
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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General
Sewer Septic Tank
Heating Heat Pump
Cooling Ceiling Fan(s) Heat Pump
Utilities Electricity Connected Natural Gas Available Cable Connected
Roof Shingle
Appliances Dishwasher Electric Range Microwave Refrigerator
Zoning residential
Patio/Porch Features Front Porch Rear Patio
Architectural Style Duplex Other
Security Features Smoke Detector(s)
Construction Materials Brick Metal Siding Vinyl Siding
Year Built 1940
Topography Cleared
Property Subtype Multi Family
County Washington
New Construction N
Property Type Multi Family
Association Amenities Landscaping
HOA N
Attached Garage N
Garage Y/N N
Other Structures Shed(s) Storage
Status Active
Directions From State of Franklin take W Walnut Street for approximately 3 miles. Property will be on the right. GPS friendly. NO SIGN
High School David Crockett
City Johnson City
Lot Size Units Acres
Lot Size Square Feet 48351.6
Carport Y/N N
Elementary School Jonesborough
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Jonesborough
Property Condition Above Average
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Structure Type Duplex Manufactured House Multi Family
Standard Status Active
Conventional True
Vinyl Siding True
Cash True
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Exterior
Parking Features Driveway Asphalt
Water Source Public
Lot Size Area 1.11
Number of Buildings 2
Spa N
Building Area Total 1764.0
Lot Dimensions 0
Lot Size Acres 1.11
Crops Included Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 35363538
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* Excluded Features
List By
Meghan Masters

Listing Agent

Property Executives Johnson City

Broker

memasters04@yahoo.com

Email

Affordability Calculator

$3,349
Per Month
98%
2%
0%
Monthly Principal & Interest
$3,275
Monthly Property Taxes
$74
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
857544 Elementary School
857211 Middle School
David Crockett High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2025$524,900 Listed Price

Map


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3536/3538 West Walnut Street, Johnson City, TN, 37604 is a Single Family Home for sale at $524,900 with 1,764 sqft and a lot size of 1.11. 3536/3538 West Walnut Street is a studio with 0.0 baths and was built in 1940. The property's zip code is 37604 which is in Johnson City, TN