$499,000
Jonesborough, TN 37659
MLS# 9991710
7 beds | 7 baths | 5304 sqft
1 / 81
Property Description
Are you looking for an investment property with immediate income potential? This well positioned four-plex sits at the edge of Tennessee's oldest town, offering a strong investment opportunity and rental appeal. The property currently features four established rental units. Three units are tenant-occupied with active leases in place. The fourth is owner-occupied and could be leased after June. (Third party resources were used for information purposes, Buyer to verify.) There is also potential to convert additional space into a fifth unit ideal for a short-term rental. Multiple income streams, expansion opportunity, historic downtown location, flexible rental strategy. Please refer to the uploaded floor plans for detailed layouts and unit configurations.
Details
Maps
Location, Tax & Legal Info
City Taxes: 2038.06
County Taxes: 2810.56
Contract Info
List Price/SqFt: 94.07
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 499000
Current Price: $499,000
Listing Date: 2026-02-28
General Property Description
Lot Dimensions: 0
Acres: 0
Zoning: res
Deed Book #: 951
Deed Page #: 1307
Elementary School: Jonesborough
Middle School: Jonesborough
Parcel ID: 059e A 010.00
High School: David Crockett
Home Warranty: No
HOA Y/N: No
Baths - Full: 5
Baths - 1/2: 2
Total SqFt Finished: 5304
Total SqFt Unfinished: 0
Total Rooms: 20
Above Grade SqFt: 5304
Property Sub-Type: Single Family Residence
# Bedrooms: 7
Total Baths: 7
Year Built: 1960
Total SqFt: 5304
Remarks & Misc
Public Remarks: Are you looking for an investment property with immediate income potential? This well positioned four-plex sits at the edge of Tennessee's oldest town, offering a strong investment opportunity and rental appeal. The property currently features four established rental units. Three units are tenant-occupied with active leases in place. The fourth is owner-occupied and could be leased after June. (Third party resources were used for information purposes, Buyer to verify.)
There is also potential to convert additional space into a fifth unit ideal for a short-term rental.
Multiple income streams, expansion opportunity, historic downtown location, flexible rental strategy.
Please refer to the uploaded floor plans for detailed layouts and unit configurations.
Directions: Go through Main Street in Jonesborough heading towards Wet Lands. You will find the units on the right, See sign.
Property Condition
Average: 1
SqFt Details
Finished SqFt Level 1: 2694
Finished SqFt Level 2: 2610
Exterior Finish
Vinyl Siding: 1
Style
See Remarks: 1
Roof
Asphalt: 1
Levels
Two: 1
Window Features
Double Pane Windows: 1
Heating
Central: 1
AC
Central Air: 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Electric Range: 1
Refrigerator: 1
Topography/Lot Description
Level: 1
Financing
Cash: 1
Conventional: 1
Parking Features
Unpaved: 1
Walls
Drywall: 1
Structure Type
Multi Family: 1
Quadruplex: 1
Location Tax Legal Info
Street #: 702
St Direction: West
Street Name: Main
St Suffix: Street
County: Washington
State/Province: TN
Zip Code: 37659
Area: 309 - Jonesborough/The Ridges Subdiv
Subdivision: Not Listed
Property Features
Property Condition: Average
Style: See Remarks
Levels: Two
Exterior Finish: Vinyl Siding
Window Features: Double Pane Windows
Appliances: Electric Range; Refrigerator
Roof: Asphalt
Parking Features: Unpaved
Heating: Central
AC: Central Air
Water: Public
Sewer: Public Sewer
Walls: Drywall
Financing: Cash; Conventional
Structure Type: Multi Family; Quadruplex
Listing Office: Debby Gibson Real Estate
Last Updated: March - 01 - 2026
Information deemed reliable but not guaranteed.