$463,750
$499,000
7.1%For more information regarding the value of a property, please contact us for a free consultation.
702 Main ST Jonesborough, TN 37659
1.84 Acres Lot
Key Details
Sold Price $463,750
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Not Listed
MLS Listing ID 9991719
Sold Date 05/18/26
Style Other,See Remarks
HOA Y/N No
Year Built 1960
Lot Size 1.840 Acres
Acres 1.84
Property Sub-Type Quadruplex
Source Tennessee/Virginia Regional MLS
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.
There is an extra lot in the back on the units for expansion purposes. (Third party resources were used for research, Buyer to verify.)
Location
State TN
County Washington
Community Not Listed
Area 1.84
Zoning res
Direction Go through Main Street in Jonesborough heading towards Wet Lands. You will find the units on the right, See sign.
Interior
Heating Central
Cooling Central Air
Window Features Double Pane Windows
Appliance Electric Range, Refrigerator
Heat Source Central
Exterior
Parking Features Unpaved
Roof Type Asphalt
Topography Level
Building
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Other, See Remarks
Structure Type Vinyl Siding
New Construction No
Schools
Elementary Schools Jonesborough
Middle Schools Jonesborough
High Schools David Crockett
Others
Senior Community No
Tax ID 052 26700 000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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Bought with Whitaker Grisham • KW Johnson City