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.
Pending
Price cut: $151.5K (7/15)
$998,500
707 Carter Sells Rd, Johnson City, TN 37604
--beds
0baths
7,650sqft
Multi Family
Built in 1961
-- sqft lot
$-- Zestimate®
$131/sqft
$-- HOA
What's special
Plumbing upgradesNew roofElectrical panelsUpdated hvac systems
- 105 days |
- 285 |
- 12 |
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
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: $131/sqft
- Tax assessed value: $613,300
- Annual tax amount: $7,577
- Date on market: 7/27/2026
- Listing terms: New Loan,Cash,Conventional
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/17/2026 | Pending sale | $998,500$131/sqft |
Source: | ||
| 7/27/2026 | Listed for sale | $998,500$131/sqft |
Source: | ||
| 7/23/2026 | Pending sale | $998,500$131/sqft |
Source: | ||
| 7/15/2026 | Price change | $998,500-13.2%$131/sqft |
Source: | ||
| 6/24/2026 | Listed for sale | $1,150,000$150/sqft |
Source: | ||
| 6/11/2026 | Pending sale | $1,150,000$150/sqft |
Source: | ||
| 6/9/2026 | Price change | $1,150,000-4.2%$150/sqft |
Source: | ||
| 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
Payment breakdown
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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
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