For sale

$485,000

809 Ridgecrest Rd, Johnson City, TN 37604

8beds

3baths

2,824sqft

$3,121/mo

Get pre-qualified

Multi Family

Built in 1972

-- sqft lot

$-- Zestimate^®

$172/sqft

$-- HOA

What's special

New appliances

Income-producing property near ETSU!! Featuring a DUPLEX with two 2-bedroom, 1-bath units plus a NEWLY COMPLETED detached 1-bedroom, 1-bath COTTAGE. The property is currently rented by college students, with bedrooms leased individually to maximize income. The four duplex bedrooms are currently rented at $635 per room, plus tenants' share of utilities - $1,270 per unit. The cottage offers additional income potential and features new appliances, flooring and HVAC. With all three living spaces rented, projected gross income is just under $4,000/month. Each living area has separate HVAC and separate power metering. Duplex is on same water meter. Convenient to ETSU, downtown Johnson City, hospitals, shopping and more. Great opportunity for a student rental, investment property, house hack or multi-generational setup.The property sits on a generously-sized nearly half acre lot. Time to build your portfolio? This is THE ONE!

11 days
427
39

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: $172/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

Not available

Estimated sales range

Not available

$1,949/mo

Price history

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

Public tax history

Year	Property taxes	Tax 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