Last Sold Price
7 beds4,032 sqft$115/sqft
416 Old Watauga Rd, Watauga, TN 37694

Description

Auction March 24 - 26, 2025
Open House prior to Auction March 15, 1-3 (Starting bid $75,000.00)
Click here to register Crexi Listing: https://www.crexi.com/properties/1750804/tennessee-multifamily-four-unit-
Sold As Is
Great Investment Opportunity! This is a beautiful multi-family four unit townhouse featuring 2 bedroom, 1 1/2 baths. Conveniently located in the quaint City of Watauga only 5 minutes to Elizabethton and 15 minutes into Johnson City. Each unit has been well kept and serviced. The Hunter
...Auction March 24 - 26, 2025
Open House prior to Auction March 15, 1-3 (Starting bid $75,000.00)
Click here to register Crexi Listing: https://www.crexi.com/properties/1750804/tennessee-multifamily-four-unit-

Sold As Is
Great Investment Opportunity! This is a beautiful multi-family four unit townhouse featuring 2 bedroom, 1 1/2 baths. Conveniently located in the quaint City of Watauga only 5 minutes to Elizabethton and 15 minutes into Johnson City. Each unit has been well kept and serviced. The Hunter Green fourplex features 2 bedrooms, 1.5 baths with bonus sink in bedroom, bonus storage in master, large closets and an eat-in kitchen. Enjoy sipping your morning coffee on the private back patio and wake up to incredible Mountain Views outside your master bedroom. This charming property sits on 1.38 acres where the space could be utilized for additional units, an in-ground pool and/or recreation area. This is a fantastic opportunity for an investor. Call today for your private showing.
LISTING CLOSED: 04/30/2025 12:00 AM

  1. Listed by Layla Wright • KW Johnson City

Property Details for 416 Old Watauga Road

Status
MLS #
9972749
Days on Market
188
Taxes
$1,916 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi Family / Multi Family
Year Built
1990
Lot Size
1.30 AC / 56,628 SF
Architectural Style
Craftsman
View
Mountain(s)
Zoning
Commercial

Recent comparable sales

Median sold price

$72,000

Avg days on market

113

Sale-to-list ratio

73.8%

[Watauga, TN]

9 comparable properties found

$435,000 | Tbd Piney Flats Road, Watauga, TN 37694
1/61
1

$435,000

Sold 06/08/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
50
Acres
$17,000 | 198 Maple Tree Lane, Unit PT1, Watauga, TN 37694
1/18
2

$17,000

Sold 05/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
0.44
Acres
$497,800 | 1135 Piney Flats Road, Watauga, TN 37694
1/56
3

$497,800

Sold 03/31/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
45.09
Acres
4

$200,000

Sold 12/04/25

Unavailable
Bedrooms
Unavailable
Bathrooms
1,248
Square Feet
185
Acres
$55,000 | Tbd Lick Creek Road, Watauga, TN 37694
1/39
5

$55,000

Sold 02/27/26

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
11.4
Acres
6

$45,000

Sold 07/21/26

Unavailable
Bedrooms
Unavailable
Bathrooms
776
Square Feet
0.19
Acres
$35,000 | Tbd Bristol Highway, Watauga, TN 37694
1/8
7

$35,000

Sold 11/04/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
5.2
Acres
$445,000 | 790 Watauga Road, Watauga, TN 37694
1/61
8

$445,000

Sold 06/06/25

4
Bedrooms
3,192
Square Feet
1.22
Acres
$72,000 | 253 Honey Dew Lane, Watauga, TN 37694
1/7
9

$72,000

Sold 09/02/25

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
11.4
Acres

Location

Listing Courtesy of KW Johnson City, Layla Wright (423.773.5519)

Sold By KW Johnson City, Layla Wright (423.773.5519)

Add your commute

Building Information for 416 Old Watauga Road

Stories-Residences4Year Built1990Building Size-Lot Size1.30 AC / 56,628 SF

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30 year fixed, 6.55% Interest

Principal and Interest

$2,348

Property Taxes

$160

HOA Dues

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Property Information for 416 Old Watauga Road

Summary
Location and General Information
  • City: Watauga
  • County: Carter
  • Directions: Take Old Watauga Road directly off of Watauga Road from Johnson City to Elizabethton and townhouses sit up on the hill on the left across.
  • Latitude: 36.37
  • Longitude: -82.25
  • Postal Code: 37694
  • State Or Province: TN
  • Topography: Pasture
  • General Property Description : Zoning: Commercial
Taxes and HOA Information
  • Association: No
  • Parcel Number: 033 165.00
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 317
  • Location Tax Legal Info : Deed Page: 928
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $1,915.78
School Information
  • High School: Happy Valley
  • Middle Or Junior School: Happy Valley
  • Elementary School: Central
Parking
  • Attached Garage: No
Property
Lot Information
  • Lot Size Dimensions: 56, 628
  • Lot Size Square Feet: 56,628.00
  • Lot Size Acres: 1.3
  • Lot Size Area: 1.30
  • Lot Size Units: Acres
  • Building Area Total: 4,032.00
  • General Property Description : Acres: 1.30
Property and Assessments
  • Property Condition: Above Average
  • Property Type: Multi Family
  • Year Built: 1990
  • Property Sub Type: Multi Family
  • Property Type Label: Multi Family
  • New Construction: No
  • Info Available : Aerial: Yes
Utilities
  • Utilities: Cable Available, Electricity Available
  • Sewer: Septic Tank
  • Water Source: At Road
Interior and Exterior Features
Interior Features
  • Cooling: Heat Pump
  • Interior Features: Built-in Features, Eat-in Kitchen, Pantry, Soaking Tub
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Other Structures: Outbuilding
  • Bathrooms Total Decimal: .00
  • Flooring: Vinyl, Carpet, Laminate
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Two
  • Appliances: Convection Oven, Dishwasher, Refrigerator
Exterior Features
  • Construction Materials: HardiPlank Type, Wood Siding
  • Parking Features: Driveway
  • Patio And Porch Features: Deck, Front Porch, Patio, Porch, Rear Porch
  • Roof: Composition
  • Window Features: Double Pane Windows
  • Heating : Heat Pump: Central, Heat Pump
  • Other Structures : Outbuilding: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • General Property Description : Total Units: 4.00
Unit 1
  • Unit 1 : # Units: 1
  • Unit 1 : # Half Baths: 1.0
  • Unit 1 : # Half Baths: 1.0
  • Unit 1 : # Bedrooms: 2
  • Unit 1 : SqFt: 1008
  • Unit 1 : Monthly Rent: 600
Unit 2
  • Unit 2 : # Units: 1
  • Unit 2 : # Bedrooms: 2
  • Unit 2 : SqFt: 1008
  • Unit 2 : Monthly Rent: 600
Unit 3
  • Unit 3 : # Units: 1
  • Unit 3 : # Bedrooms: 1
  • Unit 3 : Half Baths: 1.0
  • Unit 3 : SqFt: 1008
  • Unit 3 : Monthly Rent: 600
Unit 4
  • Unit 4 : # Units: 1
  • Unit 4 : # Bedrooms: 2
  • Unit 4 : Half Baths: 1.0
  • Unit 4 : SqFt: 1008
  • Unit 4 : Monthly Rent: 550

Property History for 416 Old Watauga Road

DateEvent & SourcePriceAppreciation
Apr 30, 2025

Closed

Tennessee Virginia Regional MLS #9972749

$462,000
Mar 28, 2025

Contract - Not Showing

Tennessee Virginia Regional MLS #9972749

Feb 5, 2025

Price Change

Tennessee Virginia Regional MLS #9972749

$75,000
DateEvent & SourcePrice
04/30/2025

Closed

Tennessee Virginia Regional MLS #9972749

$462,000
03/28/2025

Contract - Not Showing

Tennessee Virginia Regional MLS #9972749

02/05/2025

Price Change

Tennessee Virginia Regional MLS #9972749

$75,000

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

Schools near 416 Old Watauga Road

This home is within Carter County School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - K to 12
Public - PK to 8
Public - 9 to 12
Rating
School
Distance
Keenburg Elementary School
PublicPK to 8

Carter County Online Academy
PublicK to 12

Central Elementary School
PublicPK to 8

Happy Valley 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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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 416 Old Watauga Road, Watauga, TN 37694
$462,000
7
4,032
56,628
1
1,104
84,506
2
2,172
2
1,620
26,136
$40,000
2
1,410
60,113
$100,000
3
1,269
8,712

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 KW Johnson City, Layla Wright (423.773.5519)

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: 05/01/2025 08:54 PM