1984 Allison Road, Unit 1

Closed 2/14/25
Closed 2/14/25
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Sold
Last Sold Price
$199,900
5 beds2,444 sqft

1984 Allison Rd, Unit 1, Piney Flats, TN 37686

Multi FamilyProperty Type
0.55 acresLot Size
1964Year Built
$82/sq ftPrice per sq ft

Description

Are you looking to add to your investment portfolio or start one? Check out this three-unit multifamily property in the heart of the Tr-Cities. This property features a detached one-bedroom/one-bathroom cottage that could continue to produce income or is perfect as an owner suite to live on the property while the other two units pay for it. Unit #1 is located directly beside the cottage and features two bedrooms and one full bath. Unit #2 is on the lower level and features two bedrooms and one full...Are you looking to add to your investment portfolio or start one? Check out this three-unit multifamily property in the heart of the Tr-Cities. This property features a detached one-bedroom/one-bathroom cottage that could continue to produce income or is perfect as an owner suite to live on the property while the other two units pay for it. Unit #1 is located directly beside the cottage and features two bedrooms and one full bath. Unit #2 is on the lower level and features two bedrooms and one full bath. There is an additional space at the back of the building that could be finished into a small efficiency unit or expand unit two into a larger space and produce more rent. This property has had several updates over the years including flooring, siding, kitchen updates, and other general updates in the units. This property is centrally located and convenient to all of the Tri-Cities and minutes to Boone Lake! This one is priced to sell and ready for a new owner so check it out today! Property is being sold as-is and inspections are welcome. Information provided is believed to be accurate but provided as a courtesy only. Agents please view private rmks Buyer/Buyer's Agent to verify and to conduct all due diligence for their intended use.
  • Listed by: Justin Branson • REMAX Results Bristol
Listing closed: 02/14/2025 12:00 AM • Source: Tennessee Virginia Regional MLS, MLS#: 9970871
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Location

Listing Courtesy of REMAX Results Bristol, Justin Branson

Sold By Property Executives Johnson City, Sandra Moores ABR, CRS, GRI (423.737.6763)

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$1,109 per month

30 year fixed, 7.03% Interest

Principal and Interest

$1,067

Property Taxes

$42

HOA Dues

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Property Information for 1984 Allison Road, Unit 1

Property Details

  • Taxes: $500 / year
  • MLS Type: Multi Family / Multi Family
  • County: Sullivan County
  • Architectural Style: Other
  • Zoning: Comm A-1
  • Subdivision: Allison Ridge

Building Information

  • Stories: 1
  • Residences: 3
  • Year Built: 1964
  • Lot Size: 0.55 AC / 23,958 SF

Summary

Location and General Information
  • City: Piney Flats
  • County: Sullivan
  • Directions: Coming from Bristol on HWY 11E, turn right onto Allison Rd. Stay on Allison Rd and just before Haw Ridge Rd the property will be on the right.
  • Latitude: 36.45
  • Longitude: -82.38
  • Postal Code: 37686
  • State Or Province: TN
  • Topography: Rolling Slope, Level
  • General Property Description : Zoning: Comm A-1
Taxes and HOA Information
  • Association: No
  • Parcel Number: 123 008.00
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 3442
  • Location Tax Legal Info : Deed Page: 1735
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $499.53
School Information
  • High School: Sullivan East
  • Middle Or Junior School: Sullivan East
  • Elementary School: Mary Hughes
Parking
  • Attached Garage: No

Property

Lot Information
  • Lot Size Dimensions: 220.71X147.49 IRR
  • Lot Size Square Feet: 23,958.00
  • Lot Size Acres: 0.55
  • Lot Size Area: .55
  • Lot Size Units: Acres
  • Building Area Total: 2,444.00
  • General Property Description : Acres: .55
Property and Assessments
  • Property Condition: Average
  • Property Type: Multi Family
  • Year Built: 1964
  • Property Sub Type: Multi Family
  • Property Type Label: Multi Family
  • New Construction: No
Utilities
  • Sewer: Septic Tank
  • Water Source: Public

Interior and Exterior Features

Interior Features
  • Cooling: Heat Pump, Window Unit(s)
  • Interior Features: Laminate Counters
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Bathrooms Total Decimal: .00
  • Flooring: Vinyl, Tile, Hardwood, Laminate
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: One
  • Stories: 1
  • General Property Description : Stories: 1
  • Appliances: Range, Refrigerator
Exterior Features
  • Construction Materials: Block, Vinyl Siding
  • Parking Features: Asphalt, Gravel
  • Patio And Porch Features: Covered, Front Porch
  • Roof: Metal
  • Heating : Heat Pump: Baseboard, Heat Pump
  • Senior Community: No

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: 22200
Unit 1
  • Unit 1 : # Bathrooms: 1.0
  • Unit 1 : # Bedrooms: 2
  • Unit 1 : SqFt: 960
  • Unit 1 : Monthly Rent: 650
Unit 2
  • Unit 2 : # Bedrooms: 2
  • Unit 2 : # Bathrooms: 1.00
  • Unit 2 : SqFt: 960
  • Unit 2 : Monthly Rent: 600
Unit 3
  • Unit 3 : # Bedrooms: 1
  • Unit 3 : # Bathrooms: 1.0
  • Unit 3 : SqFt: 960
  • Unit 3 : Monthly Rent: 600

Property History for 1984 Allison Road, Unit 1

DateEvent & SourcePriceAppreciation
Feb 14, 2025

Closed

Tennessee Virginia Regional MLS #9970871

$199,900—
Jan 16, 2025

Contract - Not Showing

Tennessee Virginia Regional MLS #9970871

—
Jan 13, 2025

Price Change

Tennessee Virginia Regional MLS #9970871

$206,995—
DateEvent & SourcePrice
02/14/2025

Closed

Tennessee Virginia Regional MLS #9970871

$199,900
01/16/2025

Contract - Not Showing

Tennessee Virginia Regional MLS #9970871

—
01/13/2025

Price Change

Tennessee Virginia Regional MLS #9970871

$206,995

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

Schools near 1984 Allison Road, Unit 1

This home is within Sullivan County School District.
Rating
School
Type
Grades
Distance
Mary Hughes School
Public - PK to 5
Sullivan East Middle School
Public - 6 to 8
Sullivan East High School
Public - 9 to 12
Rating
School
Distance
Mary Hughes School
PublicPK to 5

Sullivan East Middle School
Public6 to 8

Sullivan East High School
Public9 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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Listing Courtesy of REMAX Results Bristol, Justin Branson

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: 03/02/2026 09:05 AM