$375,000
Elizabethton, TN 37643
MLS# 9985886
Status: Closed
3327 sqft
1 / 51
Property Description
115 Townview is a well-maintained 4-unit apartment building offering a fantastic opportunity for investors. Each unit is thoughtfully designed with spacious layouts, providing comfortable living spaces for tenants. Key highlights include: 4 individual units with strong rental potential Unit 3 fully renovated in 2022 with modern finishes New roof and gutters installed in 2022, offering peace of mind and reduced maintenance costs Convenient location near shopping, dining, and major roadways. 20 Minutes from ETSU, 15 minutes to Milligan University, 22 Minutes to JCMC and 11 minutes to Sycamore Shoals Hospital. Solid tenant appeal with updates that enhance long-term value, new room, new septic system, new HVAC in Unit 1, New duct work in the crawl space. A new fence being put in to protect the yard. This property combines income potential with recent improvements, making it a great addition to any portfolio. Whether you're a seasoned investor or just getting started, 115 Townview Estates Drive is a smart buy in the growing Tri-Cities market.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 040c A 001.02
Deed Book #: 471
Deed Page #: 768
City Taxes: 0
County Taxes: 1939.33
Contract Info
List Price/SqFt: 130.75
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 435000
Current Price: $375,000
Listing Date: 2025-09-17
General Property Description
Lot Dimensions: 151x99x160x96
Acres: 0.38
Zoning: Residential
# Buildings: 1
Elementary School: Happy Valley
# of Units: 4
Middle School: Happy Valley
Total Units: 4
High School: Happy Valley
Stories: 2
Senior Community YN: No
# Fireplaces: 0
HOA Y/N: No
Home Warranty: No
Property Sub-Type: Multi Family
Year Built: 1978
Total SqFt: 3327
Remarks & Misc
Public Remarks: 115 Townview is a well-maintained 4-unit apartment building offering a fantastic opportunity for investors. Each unit is thoughtfully designed with spacious layouts, providing comfortable living spaces for tenants.
Key highlights include:
4 individual units with strong rental potential
Unit 3 fully renovated in 2022 with modern finishes New roof and gutters installed in 2022, offering peace of mind and reduced maintenance costs Convenient location near shopping, dining, and major roadways. 20 Minutes from ETSU, 15 minutes to Milligan University, 22 Minutes to JCMC and 11 minutes to Sycamore Shoals Hospital.
Solid tenant appeal with updates that enhance long-term value, new room, new septic system, new HVAC in Unit 1, New duct work in the crawl space. A new fence being put in to protect the yard.
This property combines income potential with recent improvements, making it a great addition to any portfolio. Whether you're a seasoned investor or just getting started, 115 Townview Estates Drive is a smart buy in the growing Tri-Cities market.
Directions: From I-26, take Exit 24 turn onto US-321/67 East toward Elizabethton. Continue about 7 to 8 miles, passing Milligan College, until you reach Broad Street. Turn right onto Broad Street and follow it through town. From there, turn left onto Milligan Hwy, then turn right onto Townview Estates Drive.
Property Condition
Above Average: 1
Average: 1
Income and Expenses
Annual Utility Expenses: 800
Other Structures
Shed(s): 1
Exterior Finish
Vinyl Siding: 1
Unit 1
# Units: 1
# Bedrooms: 2
# Bathrooms: 1
SqFt: 786
Monthly Rent: 650
Unit 2
# Units: 1
# Bedrooms: 2
# Bathrooms: 1
SqFt: 773
Monthly Rent: 900
Style
See Remarks: 1
Roof
Shingle: 1
Unit 3
# Units: 1
# Bedrooms: 3
# Bathrooms: 1
Half Baths: 1
SqFt: 973
Monthly Rent: 1100
Levels
Two: 1
Unit 4
# Units: 1
# Bedrooms: 2
# Bathrooms: 1
SqFt: 795
Monthly Rent: 600
Window Features
Double Pane Windows: 1
Interior Features
Entrance Foyer: 1
Amenities
Landscaping: 1
Exterior Features
Balcony: 1
View
Mountain(s): 1
Heating
Electric: 1
Heat Pump: 1
Fencing
Back Yard: 1
AC
Central Air: 1
Heat Pump: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Sewer Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Septic Tank: 1
Appliances
Electric Range: 1
Refrigerator: 1
Topography/Lot Description
Level: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Flooring
Luxury Vinyl: 1
Easements
None: 1
Basement
Crawl Space: 1
Financing
Cash: 1
Conventional: 1
Other: 1
Security Features
Other: 1
Parking Features
Asphalt: 1
Other Rooms
Laundry: 1
Utility Room: 1
Walls
Drywall: 1
Foundation
Block: 1
Structure Type
Multi Family: 1
Quadruplex: 1
Expenses Include
Lawn Maint: 1
Waste: 1
Location Tax Legal Info
Street #: 115
Street Name: Townview Estates
St Suffix: Drive
County: Carter
State/Province: TN
Zip Code: 37643
Subdivision: Not In Subdivision
Status Change Info
Date Pending: 2025-10-25
Sold Date: 2025-12-19
Sold Price: $375,000
Property Features
Property Condition: Above Average; Average
Style: See Remarks
Levels: Two
Exterior Finish: Vinyl Siding
Amenities: Landscaping
Interior Features: Entrance Foyer
Exterior Features: Balcony
Appliances: Electric Range; Refrigerator
Security Features: Other
Flooring: Luxury Vinyl
Roof: Shingle
Other Rooms: Laundry; Utility Room
Parking Features: Asphalt
Other Structures: Shed(s)
View: Mountain(s)
Heating: Electric; Heat Pump
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Window Features: Double Pane Windows
Sewer: Septic Tank
Basement: Crawl Space
Fencing: Back Yard
Foundation: Block
AC: Central Air; Heat Pump
Utilities: Cable Connected; Electricity Connected; Sewer Connected; Water Connected
Structure Type: Multi Family; Quadruplex
Walls: Drywall
Easements: None
Financing: Cash; Conventional; Other
Expenses Include: Lawn Maint; Waste
Listing Office: KW Johnson City
Last Updated: December - 22 - 2025
Information deemed reliable but not guaranteed.