112 Watauga Ave, Elizabethton, TN 37643
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112 Watauga Ave, Elizabethton, TN 37643
112 Watauga Ave, Elizabethton, TN 37643
112 Watauga Ave, Elizabethton, TN 37643
112 Watauga Ave, Elizabethton, TN 37643

$3,800,000

Est. payment /mo

$3,250,000

16.9%
Est.Price: ?

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112 Watauga Ave Elizabethton, TN 37643

62,307 SqFt

SOLD DATE : 03/03/2026

Key Details

Sold Price $3,800,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 62,307 sqft

Price per Sqft $60

MLS Listing ID 1317914

Sold Date 03/03/26

Year Built 1925

Source East Tennessee REALTORS® MLS

Property Description

Presenting 80 value-add units in Elizabethton, Tennessee. Elizabethton is located in the tri-cities region of East Tennessee, just 15 minutes from downtown Johnson City. This listing features 7 buildings that make up 80 units, all of which are located within minutes from each other. There are 44 two bed / one bath units, 27 one bed / one bath units, and 9 three bed / one bath units. Tenants pay their own electric and water is partially billed back to tenants. These properties are being sold as is.

Location

State TN

County Carter County - 29

Rooms

Other Rooms Other

Interior

Heating Central

Cooling Window Unit(s)

Flooring Laminate, Carpet, Tile

Heat Source Central

Exterior

Parking Features On Premise Parking

Garage Description On Premise Parking

Roof Type Metal

Garage No

Building

Faces From Broad Street (US-321), turn right onto N Lynn Ave. Then take a right onto E Elk Ave. After 0.1mi turn left onto Watauga Ave. Property is on the left.

Structure Type Frame,Brick

Schools

Elementary Schools Cloudland

Middle Schools Cloudland

High Schools Cloudland

Others

Tax ID 041G E 006.00

Energy Description Other Fuel

Acceptable Financing New Loan, Cash, Conventional

Listing Terms New Loan, Cash, Conventional

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Listed by PWA Properties
Lori Steel

Lori Steel

Agent | License ID: 383660

+1(865) 282-0554

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