112 S Watauga Ave, Elizabethton, TN 37643 (MLS# 1317914)

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

Status Change Info

Status Change Date
2026-03-03
Under Contract Date
2025-12-10
Sold Date
2026-03-03

More Information

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
IDX
Listing Office: PWA Properties
Last Updated: March - 03 - 2026
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