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Off market
  • $248,100

    508 Watauga Ave, Johnson City, TN 37604

    --beds
    0baths
    1,707sqft
    MultiFamily
    Built in 1925
    -- sqft lot
    $248,100 Zestimate®
    $145/sqft
    $1,211 Estimated rent

    Home value

    $248,100

    $228,000 - $268,000

    $1,211/mo

    Zestimate® history
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    Rent Zestimate®

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    $1,536/mo

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    $1,536/mo

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    What's special

    Investors take notice! Turn-key rental in the heart of Johnson City! Check out this two story building with two rental units, and an unfinished basement for storage or future expansion. Many upgrades have been added over the years, to include new siding and insulation board, windows (in the upper unit), roof (approx 6 yrs old), along with upgraded plumbing and electrical in approx 1998. Downstairs unit has been occupied by a long-term tenant for 10 years, and was remodeled just a few years ago. It features two bedrooms, one and a half bathrooms, eat in kitchen, living room, laundry, and large back deck. Upstairs is vacant but freshly remodeled and ready for a tenant! It features its own main floor foyer that leads up to a newly updated space. Brand new carpet, fresh paint, updated bathroom and lighting. This space features one bedroom with large closet, full bathroom, bonus area that could be an office or second bedroom, laundry area, and full kitchen. Stackable washer/dryer unit stays as a bonus! Must be connected to gas by the next owner as it is plumbed and ready. Out back the building features a lawn space with access from the alley. There is existing gravel below the grass should this need to be parking in the future. Part of the walk-out basement was finished at one time. It is currently unfinished and great for storage, an office, or future expansion. Water is included in rent- one water meter for the building. Property is sold as-is/where is. Information taken from seller and public records. Buyer/buyer's agent to verify.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Forced air, Electric, Gas
    Cooling
    • Central
    Appliances
    • Included: Range / Oven, Refrigerator
    • Laundry: Washer Hookup, Electric Dryer Hookup
    Features
    • Laminate Counters, Bonus Room
    • Flooring: Tile, Carpet, Linoleum / Vinyl
    • Windows: Double Pane Windows, Single Pane Windows
    • Basement: Finished
    • Has fireplace: Yes
    Interior area
    • Total interior livable area: 1,707 sqft

    Property

    Features
    • Patio & porch: Deck, Covered, Front Porch
    • Exterior features: Stucco, Vinyl
    Lot
    • Size: 3,750 sqft
    • Features: Level, Rolling Slope
    Details
    • Parcel number: 046EF02400000
    • Zoning description: Rs

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    Materials
    • Foundation: Footing
    • Roof: Composition
    Condition
    • Above average
    • Year built: 1925

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Johnson City

    HOA & financial

    Other financial information
    • Total actual rent: 1100

    Other

    Other facts
    • Sewer: Public Sewer
    • WaterSource: Public
    • Flooring: Carpet, Ceramic Tile, Vinyl
    • Appliances: Refrigerator, Electric Range
    • FireplaceYN: true
    • HeatingYN: true
    • PatioAndPorchFeatures: Deck, Covered, Front Porch
    • CoolingYN: true
    • Heating: Natural Gas, Central
    • Basement: Full, Walk-Out Access, Concrete, Exterior Entry
    • ConstructionMaterials: Block, Vinyl Siding, Synthetic Stucco, Drywall
    • PropertyCondition: Above average
    • WindowFeatures: Double Pane Windows, Single Pane Windows
    • LotFeatures: Level, Rolling Slope
    • ArchitecturalStyle: Traditional
    • OperatingExpenseIncludes: Water/Sewer
    • NumberOfBuildings: 1
    • Cooling: Central Air
    • CommunityFeatures: Sidewalks
    • LaundryFeatures: Washer Hookup, Electric Dryer Hookup
    • InteriorFeatures: Laminate Counters, Bonus Room
    • ZoningDescription: Rs
    • TotalActualRent: 1100
    • NumberOfUnitsTotal: 2.00
    • StructureType: Site Built
    • Roof: Architect Shingle
    • MlsStatus: Active

    Price history

    DateEventPrice
    2/3/2020Sold$141,700-2.6%$83/sqft
    Source: TVRMLS #426781 Report a problem
    10/28/2019Pending sale$145,500$85/sqft
    Source: RED DOOR AGENCY #426781 Report a problem
    10/19/2019Price change$145,500-1.4%$85/sqft
    Source: RED DOOR AGENCY #426781 Report a problem
    9/24/2019Price change$147,500-1.6%$86/sqft
    Source: SIGNATURE PROPERTIES #426781 Report a problem
    9/3/2019Listed for sale$149,900+128.9%$88/sqft
    Source: SIGNATURE PROPERTIES #426781 Report a problem
    11/22/2000Sold$65,500$38/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,664 +0.8%$86,240
    2024$2,642 +17.9%$86,240 +58.9%
    2023$2,242 +6.4%$54,280
    2022$2,106 $54,280
    2021$2,106 +0.5%$54,280
    2020$2,095 +170.4%$54,280 +50.6%
    2019$775 $36,040 +10.8%
    2018-- $32,520
    2017$1,389 $32,520
    2016$1,389 +10.9%$32,520
    2015$1,252 +6.9%$32,520
    2014$1,171 $32,520
    2013-- $32,520 -20.8%
    2011$1,431 +0.9%$41,080
    2010$1,419 $41,080
    2009$1,419 $41,080
    2008-- $41,080 +21.4%
    2007$1,448 +8.9%$33,840
    2006$1,330 +3.4%$33,840
    2005$1,286 $33,840
    2004$1,286 -2%$33,840 +5.2%
    2003$1,312 $32,160 -0.1%
    2001-- $32,178 -60%
    2000-- $80,444

    Find assessor info on the county website

    Neighborhood: 37604

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: North Side
    • Middle: Indian Trail
    • High: Science Hill

    Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $248,100
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $248,100