112 S Watauga Ave, Elizabethton, TN 37643
$3,800,000
Property Type:
Multi-Family
Square Footage:
62,307
Status:
Closed
Current Price:
$3,800,000
List Date:
10/08/2025
Last Modified:
3/03/2026
Overview
Description
Presenting 80 value-add units in Elizabethton, Tennessee. Elizabethton is located in the tri-cities region of East Tennessee, just 15 minutes from downtown Johnson City. This listing features 7 buildings that make up 80 units, all of which are located within minutes from each other. There are 44 two bed / one bath units, 27 one bed / one bath units, and 9 three bed / one bath units. Tenants pay their own electric and water is partially billed back to tenants. These properties are being sold as is.
Listing Details MLS# 1317914
Location Tax Legal Info
- House #
- 112
- St Dir
- S
- Street Name
- Watauga
- St Suffix
- Ave
- State/Province
- TN
- Zip Code
- 37643
- PIN #
- 041G E 006.00
Contract Info
- Auction Y/N
- No
- Listing Price
- 3250000
General Property Description
- SqFt – Total (Aprox)
- 62307
- Lot Dimensions
- n/a
- Number of Units
- 80
- Year Built
- 1925
- Property Status
- N/A
- Driveway
- Concrete
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2026-03-03
- Under Contract Date
- 2025-12-10
- Sold Date
- 2026-03-03
Location, Tax & Legal Info
- Area
- Carter County – 29
- City/County Code
- City Limits
- Elementary School
- Cloudland
- Middle School
- Cloudland
- Total Tax
- 33290.3
- High School
- Cloudland
Remarks & Misc
- Directions
- From Broad Street (US-321), turn right onto N Lynn Ave. Then take a right onto E Elk Ave. After 0.1mi turn left onto Watauga Ave. Property is on the left.
- Public Remarks
- Presenting 80 value-add units in Elizabethton, Tennessee. Elizabethton is located in the tri-cities region of East Tennessee, just 15 minutes from downtown Johnson City. This listing features 7 buildings that make up 80 units, all of which are located within minutes from each other. There are 44 two bed / one bath units, 27 one bed / one bath units, and 9 three bed / one bath units. Tenants pay their own electric and water is partially billed back to tenants. These properties are being sold as is.
More Information
Property Sub-Type
- Apartment
- Yes
Construction
- Frame
- Yes
- Frame – Brick
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
- 2 Bedroom Unit
- Yes
- 3 or more Bdrm Units
- Yes
Sale Includes
- Building and Land
- Yes
Cooling
- Window Unit(s)
- Yes
Floors
- Carpet
- Yes
- Laminate
- Yes
- Tile
- Yes
Garage/Parking
- On Premise Parking
- Yes
Fuel
- Other Fuel
- Yes
Heat
- Central
- Yes
Other Rooms
- Other
- Yes
Roof
- Metal
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- New Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Apartment
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes:
Building and Land
Floors:
Carpet; Laminate; Tile
Fuel:
Other Fuel
Heat:
Central
Cooling:
Window Unit(s)
Construction:
Frame; Frame – Brick
Roof:
Metal
Other Rooms:
Other
New Financing:
Cash; Conventional; New Loan
Showing:
See Agent Instructns
Listing Office:
PWA Properties
IDX
Office Phone: 865-233-6441
Last Updated: March – 03 – 2026
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