$600,000
Elizabethton, TN 37643
MLS# 9989975
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Property Description
Rare Multi-Family Opportunity in Elizabethton! Looking for a ''turn-key'' addition to your portfolio? This 4-unit all-brick apartment building offers immediate cash flow and long term stability. Located in a peaceful setting just a short drive from downtown Elizabethton, just out side of city limits in the desirable Valley Forge area, this property benefits from ''just-outside-city'' taxes while remaining close to all modern conveniences. This property consists of four spacious units, each featuring 2 bedrooms and 1 bathroom. Each unit is individually metered for both power and water, keeping overhead low for the owner. Built in 2006 with durable brick exterior, sited on a level 0.34 acre lot with a large paved parking area for tenants and guests. Refrigerator and stove convey each unit. Selling As Is, Don't miss out on one of the best muti-family investments in Carter County. Schedule your private showing today. The information contained herein is deemed accurate and obtained from reliable sources but is not guaranteed. Buyer or buyer's agent to verify all information.
Details
Maps
Location, Tax & Legal Info
Lot #: 0051
Parcel ID: 049e A 012.00
Deed Book #: 864
Deed Page #: 23003216
City Taxes: 0
County Taxes: 1788.47
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 600000
Current Price: $600,000
Listing Date: 2026-01-10
General Property Description
Lot Dimensions: 151' x 150'
Acres: 0.34
Zoning: Residential
# Buildings: 1
Elementary School: Valley Forge
Middle School: Hampton
Total Units: 4
High School: Hampton
HOA Y/N: No
Home Warranty: No
Property Sub-Type: Multi Family
Year Built: 2006
Remarks & Misc
Public Remarks: Rare Multi-Family Opportunity in Elizabethton! Looking for a ''turn-key'' addition to your portfolio? This 4-unit all-brick apartment building offers immediate cash flow and long term stability. Located in a peaceful setting just a short drive from downtown Elizabethton, just out side of city limits in the desirable Valley Forge area, this property benefits from ''just-outside-city'' taxes while remaining close to all modern conveniences. This property consists of four spacious units, each featuring 2 bedrooms and 1 bathroom. Each unit is individually metered for both power and water, keeping overhead low for the owner. Built in 2006 with durable brick exterior, sited on a level 0.34 acre lot with a large paved parking area for tenants and guests. Refrigerator and stove convey each unit. Selling As Is, Don't miss out on one of the best muti-family investments in Carter County. Schedule your private showing today.
The information contained herein is deemed accurate and obtained from reliable sources but is not guaranteed. Buyer or buyer's agent to verify all information.
Directions: From the West (Johnson City area): Take US-321 S/TN-67 E (University Pkwy/W Elk Ave) heading toward Elizabethton. Turn left onto Grindstaff Ave; the property will be on your right.
From the East: Follow US-321 N/TN-67 W into Elizabethton. Turn right onto Grindstaff Ave to find the destination.
Property Condition
Average: 1
Exterior Finish
Brick: 1
Unit 1
# Units: 1
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
Monthly Rent: 830
Unit 2
# Units: 1
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
Style
Contemporary: 1
Roof
Shingle: 1
Unit 3
# Units: 1
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
Monthly Rent: 850
Levels
One: 1
Unit 4
# Units: 1
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
Monthly Rent: 800
Door Features
Storm Door(s): 1
Heating
Heat Pump: 1
Space Heater: 1
Info Available
Leases: 1
Mortgages: 1
Rental Rolls: 1
AC
Heat Pump: 1
Window Unit(s): 1
Utilities
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Septic Tank: 1
Topography/Lot Description
Level: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Easements
None: 1
Basement
Dirt Floor: 1
Financing
Cash: 1
Conventional: 1
Community Features
Sidewalks: 1
Parking Features
Asphalt: 1
Existing Finance
VA: 1
Porch/Patio/Deck
Deck: 1
Structure Type
Multi Family: 1
Expenses Include
Waste: 1
Location Tax Legal Info
Street #: 1012
Street Name: Grindstaff
St Suffix: Avenue
County: Carter
State/Province: TN
Zip Code: 37643
Subdivision: Cartervale
Property Features
Property Condition: Average
Style: Contemporary
Levels: One
Exterior Finish: Brick
Roof: Shingle
Parking Features: Asphalt
Heating: Heat Pump; Space Heater
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Door Features: Storm Door(s)
Sewer: Septic Tank
Basement: Dirt Floor
AC: Heat Pump; Window Unit(s)
Utilities: Electricity Connected; Sewer Connected; Water Connected
Structure Type: Multi Family
Info Available: Leases; Mortgages; Rental Rolls
Easements: None
Financing: Cash; Conventional
Existing Finance: VA
Expenses Include: Waste
Community Features: Sidewalks
Listing Office: Exit Realty Tri-Cities
Last Updated: January - 10 - 2026
Information deemed reliable but not guaranteed.