1419 Colony Park DR Johnson City, TN 37604
3,144 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,144 sqft
Price per Sqft $387
Subdivision Not In Subdivision
MLS Listing ID 9994608
Style Townhouse
HOA Y/N No
Year Built 1978
Lot Dimensions 158.14 X 249.34 IRR
Property Sub-Type Multi Family
Source Tennessee/Virginia Regional MLS
Property Description
Now available--well-maintained 8-unit townhome-style complex in a prime Johnson City location offering strong occupancy and immediate income potential.
The property features eight 2-bedroom, 1.5-bath units, with a convenient half bath on the main level and full bath upstairs. Currently, 7 units are occupied with 1 unit intentionally left vacant for showings, providing easy access for prospective buyers without disrupting tenant stability.
Many units have been updated with new flooring, PEX plumbing, and updated appliances, offering a more modern feel while helping reduce ongoing maintenance. The property has been consistently cared for and presents a solid opportunity for investors seeking a stable, income-producing asset.
Ideally located just minutes from East Tennessee State University (ETSU), Johnson City Medical Center, and the VA Hospital, this property benefits from steady rental demand. Tenants also enjoy convenient access to grocery stores, everyday essentials, and downtown Johnson City dining and entertainment.
Highlights:
8 total units (2BR / 1.5BA townhome-style)
7 occupied, 1 vacant for showings
Updates in many units: flooring, PEX plumbing, appliances
Desirable layout with half bath on main level
Strong rental location near major employers and amenities
Consistent occupancy with investment upside
Whether you're expanding your portfolio or entering the multifamily space, this property offers a balanced combination of stability, location, and long-term potential.
Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information.
Location
State TN
County Washington
Community Not In Subdivision
Zoning R 4
Direction From parkway, turn on Greenwood Dr, turn left on Colony, complex is towards the back on the left
Interior
Heating Heat Pump
Cooling Heat Pump
Flooring Luxury Vinyl
Equipment Satellite Dish
Appliance Dishwasher, Range, Refrigerator
Heat Source Heat Pump
Exterior
Exterior Feature Balcony
Parking Features Asphalt
Amenities Available Landscaping
Roof Type Composition
Topography Sloped, Level
Building
Entry Level Two
Foundation Block
Sewer Public Sewer
Water Public
Architectural Style Townhouse
Structure Type Wood Siding
New Construction No
Schools
Elementary Schools Cherokee
Middle Schools Liberty Bell
High Schools Science Hill
Others
Senior Community No
Tax ID 062a A 015.03
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