Skip main navigation
For sale
    • Price cut: $10K (11/9)
    $465,000

    809 Ridgecrest Rd, Johnson City, TN 37604

    8beds
    3baths
    2,824sqft
    : 
    $2,992/mo
    Get pre-qualified
    Multi Family
    Built in 1972
    -- sqft lot
    $454,000 Zestimate®
    $165/sqft
    $-- HOA

    What's special

    **INVESTMENT OPPORTUNITY NEAR ETSU | 3 RENTAL UNITS | $465,000** Income-producing investment property featuring a duplex and a brand-new 2-bedroom, 1-bath cottage, offering three rental units in a convenient Johnson City location near ETSU. The duplex consists of two 2-bedroom, 1-bath units, while the brand-new cottage offers an additional 2-bedroom, 1-bath living space. **RENTAL INCOME BREAKDOWN:** - Duplex: $2,555/month - Cottage: $1,350/month - **Total Monthly Rental Income: $3,905** - **Annual Gross Rental Income: $46,860** - **Gross Rental Yield: Approximately 10.08%** Tenants are responsible for utilities. Each unit has a separate electric meter and HVAC system. Water is on a shared meter, with costs allocated among tenants. Annual property taxes are approximately $1,335, with insurance approximately $2,160. Conveniently located near ETSU, downtown Johnson City, medical facilities, and shopping. An excellent opportunity for investors seeking multiple rental income streams on one property. Lease agreements and additional rental information available upon request. Buyer/buyer's agent to verify all information.
    56 days
    627
    55

    Zillow last checked:

    Listing updated:

    Listed by:

    Brittany Reed 423-773-9374,

    Selling Stateline Real Estate Group 423-343-9026

    Source: TVRMLS,MLS#: 10000938

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 3
      Heating
      • Heat Pump, See Remarks
      Cooling
      • Heat Pump
      Appliances
      • Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Eat-in Kitchen, Kitchen/Dining Combo, Open Floorplan, Remodeled, Walk-In Closet(s)
      • Flooring: Vinyl, Carpet, Laminate
      • Windows: Double Pane Windows
      • Has fireplace: No
      Interior area
      • Total structure area: 2,824
      • Total interior livable area: 2,824 sqft

      Property

      Parking
      • Parking features: Asphalt
      Features
      • Levels: Two,One
      • Stories: 2
      • Patio & porch: Deck, Front Porch
      Lot
      • Size: 0.48 Acres
      • Dimensions: 110 x 182.45 IRR
      • Topography: Rolling Slope, Level, Cleared
      Details
      • Parcel number: 054n C 04700 000
      • Zoning: RP 2

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Cottage,See Remarks
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick, Vinyl Siding
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Updated/Remodeled,Above Average
      • New construction: No
      • Year built: 1972

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public, See Remarks
      • Utilities for property: Electricity Connected, Sewer Connected, Water Connected, See Remarks

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Johnson City

      Financial & listing details

      • Price per square foot: $165/sqft
      • Tax assessed value: $247,700
      • Annual tax amount: $1,913
      • Date on market: 9/15/2026
      • Listing terms: Cash,Conventional
      • Electric utility on property: Yes

        Estimated market value

        $454,000

        $431,000 - $477,000

        $1,489/mo

        Price history

        DateEventPrice
        11/9/2026Price change$465,000-2.1%$165/sqft
        Source: TVRMLS #10000938 Report a problem
        10/20/2026Price change$475,000-2.1%$168/sqft
        Source: TVRMLS #10000938 Report a problem
        9/15/2026Listed for sale$485,000+64.4%$172/sqft
        Source: TVRMLS #10000938 Report a problem
        2/20/2024Sold$295,000$104/sqft
        Source: TVRMLS #9961596 Report a problem
        2/7/2024Pending sale$295,000$104/sqft
        Source: TVRMLS #9961596 Report a problem
        2/3/2024Listed for sale$295,000+39.2%$104/sqft
        Source: TVRMLS #9961596 Report a problem
        11/30/2021Sold$212,000-7.8%$75/sqft
        Source: TVRMLS #9929115 Report a problem
        10/14/2021Contingent$230,000$81/sqft
        Source: TVRMLS #9929115 Report a problem
        9/27/2021Listed for sale$230,000+79.7%$81/sqft
        Source: TVRMLS #9929115 Report a problem
        4/24/2020Listing removed--
        Source: Auction.com Report a problem
        3/20/2020Listed for sale--
        Source: Auction.com Report a problem
        7/24/2017Sold$128,000+91%$45/sqft
        Source: Public Record Report a problem
        6/25/2012Sold$67,000-29.4%$24/sqft
        Source: Public Record Report a problem
        3/2/2012Price change$94,900-9.6%$34/sqft
        Source: RE/MAX CHECKMATE INC REALTORS #313559 Report a problem
        12/9/2011Listed for sale$105,000-18.8%$37/sqft
        Source: RE/MAX CHECKMATE INC REALTORS #313559 Report a problem
        8/30/2005Sold$129,300-0.5%$46/sqft
        Source: Public Record Report a problem
        3/7/2005Sold$130,000$46/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,913 +0.8%$61,925
        2024$1,897 +17.1%$61,925 +57.8%
        2023$1,621 +20.9%$39,250 +13.6%
        2022$1,341 $34,550
        2021$1,341 +0.5%$34,550
        2020$1,334 +79.5%$34,550
        2019$743 $34,550 +6.1%
        2018-- $32,575
        2017$1,391 $32,575 +3.4%
        2016$1,391 +14.7%$31,500
        2015$1,213 +6.9%$31,500
        2014$1,134 $31,500
        2013-- $31,500 -3.9%
        2011$1,142 +0.9%$32,775
        2010$1,132 $32,775
        2009$1,132 $32,775
        2008-- $32,775 -18.8%
        2007$1,727 +8.9%$40,360
        2006$1,586 +17.2%$40,360 +13.4%
        2005$1,353 $35,600
        2004$1,353 +4.1%$35,600 +11.8%
        2003$1,299 $31,840 +60%
        2001-- $19,901 -75%
        2000-- $79,604
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: 37604

        Getting around

        5 / 100
        Car-Dependent
        12 / 100
        Somewhat Bikeable

        Nearby schools

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

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

        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.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Johnson City Topics

                Search
                Updates
                Favorites
                Plan
                Inbox