Sold
Last Sold Price
16 beds6,440 sqft$36/sqft
145 Lester Heights Rd, Johnson City, TN 37615
Multi FamilyProperty Type
0.95 acresLot Size
1974Year Built
$36/sq ftPrice per sq ft

Description

8 apartments for sale in boones creek near the lake. All the units are rented except one and they have an excellent rental history. Investors this facility will not last long. These apartments carry a 9.43 cap rate. Excellent opportunity to own investment property in one of these areas hottest parts of town. Owner will carry a second mortgage for a qualified buyer which makes this a very unique opportunity to get into the market with no money out of pocket. Buyer to verify school systems and all...8 apartments for sale in boones creek near the lake. All the units are rented except one and they have an excellent rental history. Investors this facility will not last long. These apartments carry a 9.43 cap rate. Excellent opportunity to own investment property in one of these areas hottest parts of town. Owner will carry a second mortgage for a qualified buyer which makes this a very unique opportunity to get into the market with no money out of pocket. Buyer to verify school systems and all information. Rents are:$450,400,390,375,385,385,375,and 385.
  • Listed by: LISTINGS TRANSFERRED • State of Franklin Real Estate, Inc.
Listing closed: 03/08/2007 12:00 AM • Source: Tennessee Virginia Regional MLS, MLS#: 230304

Recent comparable sales

Median sold price

$240,000

Avg days on market

168

Sale-to-list ratio

93.6%

Johnson City, TN

9 comparable properties found

$693,000 | 145 Lester Heights Road, Unit 48, Johnson City, TN 37615
1/2
1

$693,000

Sold 06/04/25

16
Bedrooms
Unavailable
Square Feet
0.87
Acres
$250,000 | 415 Oak Grove Road, Johnson City, TN 37615
1/24
2

$250,000

Sold 10/02/25

4
Bedrooms
1,560
Square Feet
0.32
Acres
$290,000 | 1351 Cora Lane, Johnson City, TN 37615
1/50
3

$290,000

Sold 05/16/25

4
Bedrooms
1,746
Square Feet
0.23
Acres
$235,000 | 0 South Pickens Bridge Road, Johnson City, TN 37615
1/2
4

$235,000

Sold 01/02/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
4
Acres
$215,000 | 1010 Katies Way, Unit 4, Johnson City, TN 37615
1/24
5

$215,000

Sold 09/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.23
Acres
6

$215,000

Sold 09/27/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.23
Acres
7

$178,600

Sold 11/12/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.46
Acres
$500,000 | 4204 Carroll Creek Road, Johnson City, TN 37604
1/19
8

$500,000

Sold 01/20/26

8
Bedrooms
2,880
Square Feet
0.22
Acres
9

$240,000

Sold 10/28/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
66
Acres

Location

Listing Courtesy of State of Franklin Real Estate, Inc., LISTINGS TRANSFERRED

Sold By ACT III REALTY, INC.

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Property Taxes

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Property Information for 145 Lester Heights Road

Property Details
  • Taxes: $1,535 / year
  • MLS Type: Multi-Family / Multi-Family
  • Architectural Style: Ranch
  • Zoning: Multi Family
  • Subdivision: Lester Heights
Building Information
  • Year Built: 1974
  • Lot Size: 0.95 AC / 41,400 SF
Summary
Location and General Information
  • City: Johnson City
  • County: Washington
  • Directions: From Zak`s in Boones Creek take Pickens Bridge go east toward Boone lake, about 2-3 miles turn right onto lester heights road see 145 lester heights.
  • Latitude: 36.40
  • Longitude: -82.40
  • Postal Code: 37615
  • State Or Province: TN
  • MLS Area Major: 307 - Gray/Boones Creek
  • MLS Area Minor: 307 - Gray/Boones Creek
  • General Property Description : Zoning: Multi Family
Taxes and HOA Information
  • Parcel Number: 000
  • Association Fee: 0.0
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $1,535.00
School Information
  • High School: Science Hill
  • Middle Or Junior School: Boones Creek
  • Elementary School: Lake Ridge
Parking
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: 100x414irr
  • Lot Size Square Feet: .00
  • Lot Size Acres: 0.0
  • Lot Size Area: .00
  • General Property Description : Acres: .00
Property and Assessments
  • Property Type: Multi-Family
  • Year Built: 1974
  • Property Sub Type: Multi-Family
  • Property Type Label: Multi-Family
Utilities
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • # Fireplaces: 0
  • Cooling: Central Air
  • Bathrooms Total Decimal: .00
  • Flooring: Vinyl, Carpet
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Fireplace: No
  • Appliances: Refrigerator
Exterior Features
  • Construction Materials: Brick, Metal Siding
  • Parking Features: Gravel
  • Roof: Composition
  • Exterior Finish : Brick: Yes
Multi Family
Multi-Family Information
  • General Property Description : # of Units: 8.00
  • Location Tax Legal Info : Unit #: 0
Income & Expenses Information
  • Income and Expenses : Gross Annual Income: 37380
  • Income and Expenses : Vacancy Rate: 5
  • Operating Expense Includes: Accounting, Lawn Maint, Repairs and Maint, Taxes Real Estate, Water/Sewer
Unit 1
  • Unit 1 : # Units: 2
  • Unit 1 : # Half Baths: 0.0
  • Unit 1 : # Half Baths: 0.0
  • Unit 1 : # Bathrooms: 2.0
  • Unit 1 : # Bedrooms: 4
  • Unit 1 : SqFt: 1640
  • Unit 1 : Monthly Rent: 835
Unit 2
  • Unit 2 : # Units: 2
  • Unit 2 : # Bedrooms: 4
  • Unit 2 : # Bathrooms: 2.00
  • Unit 2 : SqFt: 1600
  • Unit 2 : Monthly Rent: 765
Unit 3
  • Unit 3 : # Units: 2
  • Unit 3 : # Bedrooms: 4
  • Unit 3 : # Bathrooms: 2.0
  • Unit 3 : Half Baths: 0.0
  • Unit 3 : SqFt: 1600
  • Unit 3 : Monthly Rent: 750
Unit 4
  • Unit 4 : # Units: 2
  • Unit 4 : # Bedrooms: 4
  • Unit 4 : # Bathrooms: 2.0
  • Unit 4 : Half Baths: 0.0
  • Unit 4 : SqFt: 1600
  • Unit 4 : Monthly Rent: 750

Property History for 145 Lester Heights Road

DateEvent & SourcePriceAppreciation
Mar 8, 2007

Closed

Tennessee Virginia Regional MLS #230304

$230,000
Nov 28, 2006

Price Change

Tennessee Virginia Regional MLS #230304

$279,900
Apr 29, 2006

Listed (Active)

Tennessee Virginia Regional MLS #230304

$289,900
DateEvent & SourcePrice
03/08/2007

Closed

Tennessee Virginia Regional MLS #230304

$230,000
11/28/2006

Price Change

Tennessee Virginia Regional MLS #230304

$279,900
04/29/2006

Listed (Active)

Tennessee Virginia Regional MLS #230304

$289,900

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

Public Records for 145 Lester Heights Road

Taxable ValueLand$18,040Additions$220,480Total$238,520
Tax Record2025$4,079 ($340 / month)
Home Facts
Total Finished SqFt1,976 SqFtAbove Grade Finished SqFt1,808 SqFtFinished Basement SqFt168 SqFtStories1Lot Size29,456 SqFtStyleDuplexYear Built1974Year Renovated1992CountyWASHINGTONAPN021C A 00400

Schools near 145 Lester Heights Road

This home is within Washington County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 5 to 8
Public - PK to 4
Rating
School
Distance
Boones Creek Elementary School
PublicPK to 8

Daniel Boone High School
Public9 to 12

Boones Creek Middle School
Public5 to 8

Boones Creek Elementary School
PublicPK to 4

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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 145 Lester Heights Road, Johnson City, TN 37615
$230,000
16
6,440
41,400
$693,000
16
37,897
720
15,756
1
965
27,700
$90,000
2
1,440
47,576
$166,000
3
1,856
12,196

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 State of Franklin Real Estate, Inc., LISTINGS TRANSFERRED

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: 10/02/2023 07:26 PM