Sold
Last Sold Price
30 beds
1315 Indian Ridge Rd, Johnson City, TN 37604
Multi FamilyProperty Type
2.1 acresLot Size
2004Year Built

Description

30 Unit Meticulously maintained apartments in the heart of Johnson City. All brick 1 bedroom 1 bath 3-unit complex with high potential for rent increases. Same owner since 2015. The owner has done a lot of capital improvements & prides himself in maintaining a very good product. These units are ready for a new investor to take over & start making money. Owner not providing T12 or P&L. Seller has a total of 4 apartment complexes for sale.30 Unit Meticulously maintained apartments in the heart of Johnson City. All brick 1 bedroom 1 bath 3-unit complex with high potential for rent increases. Same owner since 2015. The owner has done a lot of capital improvements & prides himself in maintaining a very good product. These units are ready for a new investor to take over & start making money. Owner not providing T12 or P&L. Seller has a total of 4 apartment complexes for sale.
  • Listed by: Jonathan Forester • The Brokers Realty & Auction
Listing closed: 03/24/2025 12:00 AM • Source: Tennessee Virginia Regional MLS, MLS#: 9973011

Recent comparable sales

Median sold price

$327,000

Avg days on market

80

Sale-to-list ratio

91.9%

Johnson City, TN

9 comparable properties found

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1

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Square Feet
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Acres
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Acres
$318,800 | 1312 North Barton Street, Unit 4, Johnson City, TN 37604
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$144,000 | 705 Lehigh Street, Unit 12, Johnson City, TN 37604
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$369,900 | 2410 Textile Street, Unit 12, Johnson City, TN 37604
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3
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Square Feet
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Acres
$327,000 | 403 Wilson Avenue, Unit 8, Johnson City, TN 37604
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4
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Square Feet
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Acres
$47,000 | 212 West Chilhowie Avenue, Johnson City, TN 37604
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2
Bedrooms
Unavailable
Square Feet
0.07
Acres

Location

Listing Courtesy of The Brokers Realty & Auction, Jonathan Forester (423.631.0355)

Sold By The Brokers Realty & Auction, Jonathan Forester (423.677.8095)

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Property Information for 1315 Indian Ridge Road

Property Details
  • Taxes: $17,614 / year
  • MLS Type: Multi Family / Multi Family
  • Architectural Style: See Remarks
  • Zoning: R 5
Building Information
  • Residences: 4
  • Year Built: 2004
  • Lot Size: 2.10 AC / 91,476 SF
Summary
Location and General Information
  • City: Johnson City
  • County: Washington
  • Directions: From W Market St in Johnson City, turn onto Indian Ridge Rd at Krispy Kreme. Property on left.
  • Latitude: 36.32
  • Longitude: -82.38
  • Postal Code: 37604
  • State Or Province: TN
  • Topography: Rolling Slope
  • General Property Description : Zoning: R 5
Taxes and HOA Information
  • Association: No
  • Parcel Number: 054a A 001.00
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: R466
  • Location Tax Legal Info : Deed Page: I1562
  • Location Tax Legal Info : City Taxes: $8,444.30
  • Location Tax Legal Info : County Taxes: $9,169.32
School Information
  • High School: Science Hill
  • Middle Or Junior School: Liberty Bell
  • Elementary School: Woodland Elementary
Property
Lot Information
  • Lot Size Dimensions: 334 x 283
  • Lot Size Square Feet: 91,476.00
  • Lot Size Acres: 2.1
  • Lot Size Area: 2.10
  • Lot Size Units: Acres
  • Building Area Total: .00
  • General Property Description : Acres: 2.10
Property and Assessments
  • Property Condition: Average
  • Property Type: Multi Family
  • Year Built: 2004
  • Property Sub Type: Multi Family
  • Property Type Label: Multi Family
  • New Construction: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Central Air
  • Bathrooms Total Decimal: .00
  • Flooring: Carpet
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Appliances: Electric Range, Refrigerator
Exterior Features
  • Construction Materials: Brick
  • Roof: Composition, Shingle
  • Heating : Heat Pump: Central
  • Roof : Shingle: Yes
  • Exterior Finish : Brick: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • General Property Description : Total Units: 30.00
Unit 1
  • Unit 1 : # Units: 10
  • Unit 1 : # Bathrooms: 10.0
  • Unit 1 : # Bedrooms: 10
Unit 2
  • Unit 2 : # Units: 10
  • Unit 2 : # Bedrooms: 10
  • Unit 2 : # Bathrooms: 10.00
Unit 3
  • Unit 3 : # Units: 10
  • Unit 3 : # Bedrooms: 10
  • Unit 3 : # Bathrooms: 10.0
Unit 4
  • Unit 4 : # Units: 0
  • Unit 4 : # Bathrooms: 0.0

Property History for 1315 Indian Ridge Road

DateEvent & SourcePriceAppreciation
Mar 26, 2025

Closed (Public Record)

Public Record #1555490227

$2,880,000

+3.9% / yr

Mar 24, 2025

Closed

Tennessee Virginia Regional MLS #9973011

$2,880,000
Nov 29, 2024

Contract - Not Showing

Tennessee Virginia Regional MLS #9973011

DateEvent & SourcePrice
03/26/2025

Closed (Public Record)

Public Record #1555490227

$2,880,000

+3.9% / yr

03/24/2025

Closed

Tennessee Virginia Regional MLS #9973011

$2,880,000
11/29/2024

Contract - Not Showing

Tennessee Virginia Regional MLS #9973011

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

Public Records for 1315 Indian Ridge Road

Taxable ValueLand$49,320Additions$680,680Total$730,000
Home Facts
Total Finished SqFt6,720 SqFtAbove Grade Finished SqFt6,720 SqFtStories2Lot Size91,242 SqFtStyleMulti-Family Res (5+ Units)Year Built2004CountyWASHINGTONAPN054A A 00100

Schools near 1315 Indian Ridge Road

This home is within Johnson City School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 5 to 12
Rating
School
Distance
Woodland Elementary School
PublicPK to 5

Liberty Bell Middle School
Public6 to 8

Science Hill High School
Public9 to 12

Johnson City Virtual Academy
Public5 to 12

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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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 Brokers Realty & Auction, Jonathan Forester (423.631.0355)

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: 03/27/2025 09:30 AM