Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
0 Baths
1,764 sqft

$449,000

3536/3538 West Walnut Street, Johnson City TN, 37604

Price per sqft$254.54
Built in1940
Property size1,764 sqft
Property typeMulti-family

Overview

Active

Listed Sep 1, 2026

Updated 3 weeks ago

Investor's Dream!! 3 Units, Strong Cash Flow & Endless Possibilities! This unique property offers three separate rental units with excellent income potential. The duplex features brick and metal exterior and includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both updated inside. Kitchen offers oak cabinetry with upgraded appliances. Flooring throughout is stained concrete with tile in the baths. Natural gas water heater and gas logs in duplex units. All bedrooms have ceiling fans. A separate 3-bedroom/2-bath double wide provides even more rental versatility with plenty of living space. With a mix of unit sizes, this property appeals to a wide range of tenants and delivers consistent rental income. Whether you're expanding your investment portfolio or searching for a strong cash-flow property, this one checks all the boxes! NO city taxes! 3536 W. Walnut: -Unit #1 is a 2 bedroom 1 bath unit renting for $1,350.00 per month. Includes power, gas, and water. -Unit #2 is a 1 bedroom 1 bath unit renting for $1,070.00 per month. Includes water. 3538 W. Walnut: -3 bedroom 2 bath renting for $1,515.00 per month and includes power, gas, and water. All 3 units are on 1 parcel. Duplex and double wide have separate water meters. UNITS ARE ALL OCCUPIED, PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS. NO SIGN OR LOCKBOX

$2,987/mo

Est. mortgage payment based on a $449,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
10000313

Interior Features

Bathrooms
0
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
1.11 Acres

Other Property Details

55+/Senior Community
No

The IDX display presents information sourced from the Tennessee / Virginia Regional Multiple Listing Service as of 9/17/2026. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified.

©2026 Tennessee / Virginia Regional Multiple Listing Service all rights reserved.

Powered by Luxury Presence