1412 Knob Creek Rd, Unit 1

Johnson City, TN 37604

$1,600,000
Price
16
Beds
10,991 Sq. Ft.
$146 / Sq. Ft.
10,991
Sq. Ft.
$146
per Sq. Ft.
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Description

Passive income or owner operator! This portfolio consists of 8 units of multifamily being rented out at $1250 per month, two bed, one bath, in newly renovated units, as well as adjacent Commercial building with new roof and renovated exterior. Proforma NOI with Commercial space at $10/NNN will be $164,936. The Old Norris Bicycle building, and adjacent quadplexes are being sold together ONLY! This is your opportunity to diversity your investments with a commercial piece, or put your business into...Passive income or owner operator! This portfolio consists of 8 units of multifamily being rented out at $1250 per month, two bed, one bath, in newly renovated units, as well as adjacent Commercial building with new roof and renovated exterior. Proforma NOI with Commercial space at $10/NNN will be $164,936. The Old Norris Bicycle building, and adjacent quadplexes are being sold together ONLY! This is your opportunity to diversity your investments with a commercial piece, or put your business into a 4748 sq ft Commercial space all your own, and keep the apartments as rentals. Subdividing of apartments from new condos is underway, and will put the 8 units on approximately one acre of their own land, more or less, with large back yard area. Massive renovations have taken place, and apartments are being re-filled at this time, so see agent for newest and latest rent roll as apartments are completed. Gross income is based on only half of the units filled, as the final 4 are being finished up. Proforma gross income will be $164,936 per year. Lending would be based on proforma at this time. Units do have washer dryer hook up in each unit. Apartments have been completely renovated throughout the exterior, including siding, roof, plumbing, damaged walls, new kitchens, and brand new and beautiful decking. Location is prime, central to town, near shopping and schools, and will remain a conveniently located and beautiful corridor for years to come! Details available upon request from qualified buyers; all info to be verified by buyers/buyers agent. R# 1886
  1. Listed by Jay Goodson • REMAX Checkmate, Inc. Realtors

Property Details for 1412 Knob Creek Road, Unit 1

Architectural Style
See Remarks
Zoning
B1
LISTING UPDATED: 02/12/2026 02:17 PM

Property Details for 1412 Knob Creek Road, Unit 1

StatusActive
MLS #9990357
Days on Market24
Taxes$1,835 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti Family / Quadruplex
Year Built1965
Lot Size1.30 AC / 56,628 SF
CountyWashington County

Location

Listing Courtesy of REMAX Checkmate, Inc. Realtors, Jay Goodson (423.612.3035)
Add your commute

Building Information for 1412 Knob Creek Road, Unit 1

Stories2Residences4Year Built1965Building Size-Lot Size1.30 AC / 56,628 SF

Payment Calculator

$7,951 per month

30 year fixed, 6.15% Interest

Principal and Interest

$7,798

Property Taxes

$153

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1412 Knob Creek Road, Unit 1

Summary
Location and General Information
  • City: Johnson City
  • County: Washington
  • Directions: Corner of Pactolas and Knob Creek Road in Johnson City, between Sunset and State of Franklin. Property is commercial 4748 sq ft commercial space, and 8 next door apartments.
  • Latitude: 36.32
  • Longitude: -82.38
  • Postal Code: 37604
  • State Or Province: TN
  • Topography: Level
  • General Property Description : Zoning: B1
Taxes and HOA Information
  • Association/Amenities: Landscaping
  • Association: No
  • Parcel Number: 046i E 013.00
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 901
  • Location Tax Legal Info : Deed Page: 1278
  • Location Tax Legal Info : City Taxes: $818.83
  • Location Tax Legal Info : County Taxes: $1,015.74
School Information
  • High School: Science Hill
  • Middle Or Junior School: Liberty Bell
  • Elementary School: Woodland Elementary
Parking
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: 58000
  • Lot Size Square Feet: 56,628.00
  • Lot Size Acres: 1.3
  • Lot Size Area: 1.30
  • Lot Size Units: Acres
  • Building Area Total: 10,991.00
  • General Property Description : Acres: 1.30
Property and Assessments
  • Property Condition: Above Average, Under Construction, Updated/Remodeled
  • Property Type: Multi Family
  • Year Built: 1965
  • Property Sub Type: Quadruplex
  • Property Type Label: Multi Family
  • New Construction: No
Utilities
  • Sewer: Public Sewer
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • # Fireplaces: 0
  • Cooling: Ceiling Fan(s), Central Air
  • Foundation Details: Block
  • Interior Features: Kitchen/Dining Combo, Restored
  • Bathrooms Total Decimal: .00
  • Flooring: Other, Carpet, Laminate
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Bi-Level
  • Stories: 2
  • General Property Description : Stories: 2
  • Fireplace: No
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
  • Parking Features: Asphalt
  • Window Features: Double Pane Windows
  • Heating : Heat Pump: Central
  • Walls : Drywall: Yes
  • Exterior Finish : Brick: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • General Property Description : # of Units: 9.00
  • General Property Description : Total Units: 9.00
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 164936
  • Income and Expenses : Vacancy Rate: 13
Unit 1
  • Unit 1 : # Units: 4
  • Unit 1 : # Bathrooms: 4.0
  • Unit 1 : # Bedrooms: 8
  • Unit 1 : SqFt: 3072
  • Unit 1 : Monthly Rent: 5000
Unit 2
  • Unit 2 : # Units: 4
  • Unit 2 : # Bedrooms: 8
  • Unit 2 : # Bathrooms: 4.00
  • Unit 2 : SqFt: 3072
  • Unit 2 : Monthly Rent: 4600
Unit 3
  • Unit 3 : # Units: 1
  • Unit 3 : # Bathrooms: 3.0
  • Unit 3 : SqFt: 3072
  • Unit 3 : Monthly Rent: 0
Unit 4
  • Unit 4 : # Units: 1

Property History for 1412 Knob Creek Road, Unit 1

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Listed (Active)

Tennessee Virginia Regional MLS #9990357

$1,600,000—
DateEvent & SourcePrice
01/20/2026

Listed (Active)

Tennessee Virginia Regional MLS #9990357

$1,600,000

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

Schools near 1412 Knob Creek Road, Unit 1

This home is within Johnson City School District.
Rating
School
Type
Grades
Distance
Woodland Elementary School
Public - PK to 5
Liberty Bell Middle School
Public - 6 to 8
Science Hill High School
Public - 9 to 12
Johnson City Virtual Academy
Public - 6 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
Public6 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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More information about 1412 Knob Creek Road, Unit 1, Johnson City, TN 37604

1412 Knob Creek Road, Unit 1 is a multi-family home for sale in Johnson City, TN 37604. This property was listed for sale on January 20, 2026 by REMAX Checkmate, Inc. Realtors, it's currently listed at $1,600,000. This listing's school district is Johnson City School District. Nearby schools include Woodland Elementary School, Liberty Bell Middle School and Science Hill High School. 1412 Knob Creek Road, Unit 1 is a 16-bed, 0-bath, 10,991 sqft multi-family home built in 1965.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of REMAX Checkmate, Inc. Realtors, Jay Goodson (423.612.3035)

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: 02/12/2026 02:17 PM