Investment opportunity!
This unique property offers a prime investment opportunity in the heart of Roan Mountain, TN. The downstairs space is ideal for a retail business, perfectly positioned to attract both locals and tourists alike. Upstairs, the property features four spacious apartments, each boasting two bedrooms, four bathrooms, a generously sized living room, and a full kitchen. These well-appointed units are perfect for long-term tenants or vacation rentals, providing a steady income stream; estimated annual income at $50,000. Roan Mountain is part of the Johnson City Metropolitan Statistical Area, which is included in the Johnson City-Kingsport-Bristol, TN-VA Combined Statistical Area, commonly known as the Tri-Cities region. This area is rich in culture and history, attracting visitors year-round. One of the key highlights of Roan Mountain is the annual Rhododendron Festival, held each summer at Roan Mountain State Park. The festival is a major draw, featuring traditional foods, locally handmade crafts, and performances by Southern Appalachian musicians. Visitors also flock to the festival to see the stunning catawba rhododendron gardens, which reach their peak bloom in late June. Don't miss out on this exceptional property that combines commercial potential with residential income in a beautiful and culturally vibrant location.
For sale
$189,500
Us Highway 19e, Roan Mountain, TN 37687
4beds
5,858sqft
:
Get pre-qualified$1,145/mo
Single Family Residence, Residential
Built in 1956
0.35 Acres Lot
$-- Zestimate®
$32/sqft
$-- HOA
What's special
- 552 days |
- 796 |
- 37 |
Zillow last checked:
Listing updated:
Listed by:
Debra Elliott-Wade 865-318-2355,
CENTURY 21 Legacy 423-282-1885
Source: TVRMLS,MLS#: 9970188
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Primary bedroom
- Level: Second
Bedroom 2
- Level: Second
Kitchen
- Level: Second
Living room
- Level: Second
Office
- Level: First
Heating
- Other
Cooling
- None
Features
- Eat-in Kitchen
- Flooring: Concrete, Vinyl
- Windows: Double Pane Windows
- Has fireplace: No
Interior area
- Total structure area: 5,858
- Total interior livable area: 5,858 sqft
Property
Parking
- Total spaces: 1
- Parking features: Circular Driveway, Concrete
- Garage spaces: 1
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Patio & porch: Back, Deck
- Exterior features: Other
- Has view: Yes
- View description: Mountain(s), Creek/Stream
- Has water view: Yes
- Water view: Creek/Stream
Lot
- Size: 0.35 Acres
- Dimensions: 146 x 105 IRR
- Topography: Level
Details
- Additional structures: Garage(s)
- Parcel number: 093 087.00
- Zoning: Commercial
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Other
- Property subtype: Single Family Residence, Residential
Materials
- Block, Concrete, Vinyl Siding, Plaster, Other
- Foundation: Block, Concrete Perimeter
- Roof: Asphalt,Metal
Condition
- Poor
- New construction: No
- Year built: 1956
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Roan Mountain
Financial & listing details
- Price per square foot: $32/sqft
- Date on market: 8/19/2025
- Listing terms: Cash,Conventional
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$3,964/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/17/2025 | Listed for sale | $189,500$32/sqft |
Source: TVRMLS #9970188 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 37687
Nearby schools
GreatSchools rating
- 6/10Cloudland Elementary SchoolGrades: PK-6Distance: 1.7 mi
- 6/10Cloudland High SchoolGrades: 7-12Distance: 1.3 mi
- 6/10Hampton Elementary SchoolGrades: PK-8Distance: 7.4 mi
Schools provided by the listing agent
- Elementary: Cloudland
- Middle: Cloudland
- High: Cloudland
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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