$2,400,000
Johnson City, TN 37601
MLS# 9989201
16200 sqft
1 / 63
Property Description
Investment Opportunity - 25-Unit Apartment Complex in Johnson City, TN Introducing 1106 Fremont Drive, a prime multi-family investment in the heart of Johnson City, TN. This 25-unit apartment complex offers a steady income stream with renters already in place, making it an excellent addition to any investor's portfolio. Proof of funds is required before showing. With units in average condition, this property presents a great opportunity for value-add improvements or continued stable cash flow as-is. Conveniently located near local amenities, shopping, and major roadways, it ensures strong rental demand in an ever-growing market. Whether you're looking to expand your portfolio or break into the multifamily space, 1106 Fremont Drive offers potential and profitability in an established rental community. Don't miss this opportunity!
Details
Maps
Location, Tax & Legal Info
Parcel ID: 047p E 012.00
Deed Book #: 1115
Deed Page #: 1646
City Taxes: 6102.66
County Taxes: 7706.63
Contract Info
List Price/SqFt: 148.15
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 2400000
Current Price: $2,400,000
Listing Date: 2025-12-12
General Property Description
Acres: 2.7
Lease: Yes
Lot Size: 2.7 Acres
Zoning: RP 4
HOA Y/N: No
Stories: 2
Total SqFt Finished: 16200
Total SqFt Unfinished: 0
Annual Lease $: 198000
Year Built: 1973
Total SqFt: 16200
Remarks & Misc
Public Remarks: Investment Opportunity - 25-Unit Apartment Complex in Johnson City, TN Introducing 1106 Fremont Drive, a prime multi-family investment in the heart of Johnson City, TN. This 25-unit apartment complex offers a steady income stream with renters already in place, making it an excellent addition to any investor's portfolio. Proof of funds is required before showing. With units in average condition, this property presents a great opportunity for value-add improvements or continued stable cash flow as-is. Conveniently located near local amenities, shopping, and major roadways, it ensures strong rental demand in an ever-growing market. Whether you're looking to expand your portfolio or break into the multifamily space, 1106 Fremont Drive offers potential and profitability in an established rental community. Don't miss this opportunity!
Directions: From Legion St. turn onto King Springs Rd. travel .3 mil and take a L onto E Ridge Dr. then a R on Fremont Dr. Property will be on the L. GPS friendly.
Property Condition
Average: 1
Business Type
Residential: 1
Exterior Finish
Brick: 1
Vinyl Siding: 1
Other Equipment
Range: 1
Refrigerator: 1
Roof
Composition: 1
Road Access
City Street: 1
Electric Service
See Remarks: 1
Development Status
See Remarks: 1
Heating
Heat Pump: 1
Radiant: 1
Info Available
Profit/Loss Statement: 1
Rental Roles: 1
AC
Heat Pump: 1
Window Unit(s): 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
See Remarks: 1
Financing
Cash: 1
Conventional: 1
Sale Includes
See Remarks: 1
Location Tax Legal Info
Street #: 1106
Street Name: Fremont
St Suffix: Drive
County: Washington
State/Province: TN
Zip Code: 37601
Area: 303 - SE Johnson City
Subdivision: Not In Subdivision
Property Features
Property Condition: Average
Business Type: Residential
Exterior Finish: Brick; Vinyl Siding
Other Equipment: Range; Refrigerator
Roof: Composition
Electric Service: See Remarks
Development Status: See Remarks
Heating: Heat Pump; Radiant
AC: Heat Pump; Window Unit(s)
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Profit/Loss Statement; Rental Roles
Restrictions: See Remarks
Financing: Cash; Conventional
Sale Includes: See Remarks
Listing Office: KW Johnson City
Last Updated: December - 15 - 2025
Information deemed reliable but not guaranteed.