108 Melody Ln, Unit 1

Bristol, TN 37620

$395,000
Price
6
Beds
4,299 Sq. Ft.
$92 / Sq. Ft.
4,299
Sq. Ft.
$92
per Sq. Ft.
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New
New
Melody-2
One Parking Space Per Unit
Melody-4
Melody-5
Melody-6
Storage
Melody-8
Melody-9
Melody-10
Melody-11
Parking
Melody-12
Melody-13
Overflow Parking
D-1 Kitchen
D-1 Kitchen
D-1 Kitchen
D-1 Kitchen
D-1 Living Room
D-1 Kitchen
D-1 Living Room
D-1 Living Room
D-1 Living Room
D-1 Stairs
D-1 Upstairs Hall
D-1 Bedroom 1
D-1 Bedroom 1
D-1 Bedroom 1
D-1 Ensuite Bath
D-1 Ensuite Bath
D-1 Bedroom 2
D-1 Bedroom 2
D-1 Bedroom 2
D-1 Bedroom 2
D-1 Main Bath
D-1 Main Bath
Laundry
Laundry

Description

Investment Opportunity - Three Townhomes Sold as One Portfolio Excellent opportunity to acquire an income-producing investment portfolio consisting of three townhomes being sold together on one parcel in the Holston Villas community. D-1, D-2, and D-3. This portfolio offers stable cash flow with a proven history of reliable, long-term tenants and consistent on-time rental payments. Each townhome features approximately 1,466± square feet--significantly larger than many comparable units in Holston...Investment Opportunity - Three Townhomes Sold as One Portfolio Excellent opportunity to acquire an income-producing investment portfolio consisting of three townhomes being sold together on one parcel in the Holston Villas community. D-1, D-2, and D-3. This portfolio offers stable cash flow with a proven history of reliable, long-term tenants and consistent on-time rental payments. Each townhome features approximately 1,466± square feet--significantly larger than many comparable units in Holston Villas--offering 2 bedrooms, 2 full bathrooms, including a primary en-suite, an open-concept living and dining area, functional kitchen, front and rear patios, a dedicated laundry/storage room, and generous interior storage. Each unit has one spot plus plentiful overflow parking. Each unit has its own laundry room located off the bedroom. Recent owner-funded capital improvements include a new roof (2024) and complete renovation of Unit D-1. A detailed maintenance history is available upon request. The property is individually deeded and owned by Delta Management Properties, LLC and is located within the Holston Villas Homeowners Association. The parcel includes the corner of King College Road and Melody Lane, the upper parking area, and extends along the north side of the sidewalk. A boundary survey is available. Current ownership maintains an independent insurance policy rather than participating in the HOA master policy. HOA is $180 per month for the all three units. It includes snow removal, shared dumpster, and grass cutting. Property tax information, insurance costs, survey, maintenance records, and additional financial documentation are available to qualified buyers upon request. With oversized floor plans, recent capital improvements, established tenancy, and a strong rental history, this is an outstanding opportunity to acquire a stabilized, turnkey investment in the Bristol market. Located across the street from the new fire station and elementary school. A short drive or bike ride to King University. This investment has a very low history of vacancy.
  1. Listed by Amy Booher • The Addington Agency Bristol

Property Details for 108 Melody Lane, Unit 1

Architectural Style
Townhouse
Zoning
B 1B / R 3
Subdivision
Holston Villa Town
LISTING UPDATED: 07/16/2026 06:53 PM

Property Details for 108 Melody Lane, Unit 1

StatusActive
MLS #9998279
Days on Market1
Taxes$4,369 / year
HOA Fees$180 / month
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1986
Lot Size0.30 AC / 13,068 SF
CountySullivan County
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Location

Listing Courtesy of The Addington Agency Bristol, Amy Booher (423.967.4224)
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Building Information for 108 Melody Lane, Unit 1

Stories2Residences3Year Built1986Building Size-Lot Size0.30 AC / 13,068 SF

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$2,512 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,968

Property Taxes

$364

HOA Dues

$180

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Property Information for 108 Melody Lane, Unit 1

Summary
Location and General Information
  • City: Bristol
  • County: Sullivan
  • Directions: From King University. Continue of King College Rd and turn left on Melody lane. Take first right into parking area. Park in D-1 or side lot.
  • Latitude: 36.59
  • Longitude: -82.14
  • Postal Code: 37620
  • State Or Province: TN
  • Topography: Level
  • MLS Area Major: 103 - Bristol TN (City)
  • MLS Area Minor: 103 - Bristol TN (City)
  • General Property Description : Zoning: B 1B / R 3
Taxes and HOA Information
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Parcel Number: 021e E 001.00
  • Association Fee: 180.0
  • Location Tax Legal Info : Deed Book: 3498
  • Location Tax Legal Info : Deed Page: 2093
  • Location Tax Legal Info : City Taxes: $2,331.34
  • Location Tax Legal Info : County Taxes: $2,038.06
  • General Property Description : HOA Fee: $180.00
School Information
  • High School: Tennessee
  • Middle Or Junior School: Tennessee Middle
  • Elementary School: Holston View
Parking
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: 136X144 IRR
  • Lot Size Square Feet: 13,068.00
  • Lot Size Acres: 0.3
  • Lot Size Area: .30
  • Lot Size Units: Acres
  • Building Area Total: 4,299.00
  • General Property Description : Acres: .30
Property and Assessments
  • Property Condition: Above Average, Average, Updated/Remodeled
  • Property Type: Multi Family
  • Year Built: 1986
  • Property Sub Type: Multi Family
  • Property Type Label: Multi Family
  • New Construction: No
  • Info Available : Deed Restrictions: Yes
  • Info Available : Building Restrictions: Yes
Utilities
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • # Fireplaces: 0
  • Cooling: Central Air
  • Foundation Details: Slab
  • Interior Features: Entrance Foyer, Laminate Counters, Open Floorplan, Remodeled
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Other Structures: Storage
  • Bathrooms Total Decimal: .00
  • Flooring: Luxury Vinyl, Carpet, Hardwood
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Two
  • Stories: 2
  • General Property Description : Stories: 2
  • Fireplace: No
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
Exterior Features
  • Construction Materials: Vinyl Siding
  • Fencing: Back Yard
  • Parking Features: Deeded, Asphalt, Parking Pad
  • Patio And Porch Features: Front Patio, Rear Patio
  • Roof: Asphalt, Shingle
  • Heating : Heat Pump: Forced Air, Heat Pump
  • Senior Community: No
  • Walls : Drywall: Yes
  • Other Structures : Storage: Yes
  • Roof : Asphalt: Yes
  • Roof : Shingle: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
  • General Property Description : # of Units: 3.00
  • General Property Description : Total Units: 3.00
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 39330
  • Operating Expense Includes: All Services
Unit 1
  • Unit 1 : # Units: 1
  • Unit 1 : # Half Baths: 0.0
  • Unit 1 : # Half Baths: 0.0
  • Unit 1 : # Bathrooms: 2.0
  • Unit 1 : # Bedrooms: 2
  • Unit 1 : # Rooms: 5
  • Unit 1 : SqFt: 1433
Unit 2
  • Unit 2 : # Units: 1
  • Unit 2 : # Rooms: 5
  • Unit 2 : # Bedrooms: 2
  • Unit 2 : # Bathrooms: 2.00
  • Unit 2 : SqFt: 1433
  • Unit 2 : Monthly Rent: 1000
Unit 3
  • Unit 3 : # Units: 1
  • Unit 3 : # Rooms: 5
  • Unit 3 : # Bedrooms: 2
  • Unit 3 : # Bathrooms: 2.0
  • Unit 3 : Half Baths: 0.0
  • Unit 3 : SqFt: 1433
  • Unit 3 : Monthly Rent: 1050

Property History for 108 Melody Lane, Unit 1

DateEvent & SourcePriceAppreciation
Jul 16, 2026

Listed (Active)

Tennessee Virginia Regional MLS #9998279

$395,000—
DateEvent & SourcePrice
07/16/2026

Listed (Active)

Tennessee Virginia Regional MLS #9998279

$395,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 108 Melody Lane, Unit 1

This home is within Bristol School District.
Rating
School
Type
Grades
Distance
Holston View Elementary School
Public - PK to 5
Bristol Tennessee Middle School
Public - 6 to 8
Tennessee High School
Public - 9 to 12
Tennessee Online Public School at Bristol
Public - K to 5
Rating
School
Distance
Holston View Elementary School
PublicPK to 5

Bristol Tennessee Middle School
Public6 to 8

Tennessee High School
Public9 to 12

Tennessee Online Public School at Bristol
PublicK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 108 Melody Lane, Unit 1, Bristol, TN 37620

108 Melody Lane, Unit 1 is a multi-family home for sale in Bristol, TN 37620. This property was listed for sale on July 16, 2026 by The Addington Agency Bristol, it's currently listed at $395,000. This listing's school district is Bristol School District. Nearby schools include Holston View Elementary School, Bristol Tennessee Middle School and Tennessee High School. 108 Melody Lane, Unit 1 is a 6-bed, 0-bath, 4,299 sqft multi-family home built in 1986.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Addington Agency Bristol, Amy Booher (423.967.4224)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 07/16/2026 06:53 PM