Presenting this 12-unit apartment community located in Johnson City, TN. The property consists of ten 2-bedroom / 1-bath units and two 1-bedroom / 1-bath units. Significant capital improvements have been completed over the past five years, including a new roof, updated HVAC systems, electrical panels, and plumbing upgrades. Additionally, all but two units have been fully renovated, creating a strong value-add opportunity through the completion of the remaining unit renovations. Ideally positioned less than two miles from East Tennessee State University and Johnson City Medical Center, the property benefits from proximity to two of the area's largest employment and demand drivers. Its central location also provides convenient access to major retail, dining, and transportation corridors.
Multi-familyProperty Type
1961Year Built
0.6 acresLot Size
$105Price/Sq.Ft.
Listed by Kevin Tipton• PWA Properties
•865-210-0228 (agent)
•kevin@pwa-properties.com (agent)
•865-233-6441 (broker)
•jay@pwa-properties.com (broker)
Listed by Cohl Morgan• PWA Properties
•865-233-6441 (broker)
•jay@pwa-properties.com (broker)
Bought with Non Member Non Member• Non-Member Office
Here is a good opportunity to own an apartment complex near ETSU, Med Center, and the VA. This area is growing with investors because demand is high. Here's your chance to get in on the action!!! 4 - 1BR, 1BA units and 8 - 2BR, 1BA units. Buyer/Buyer's Agent to verify all information given herein. Seller says bring an offer!! Possible owner financing for portion of down payment
Public Records
May 22, 2007
Sold
$350,000
$46/sq ft
Public Records
Aug 17, 2005
Sold
$435,700
$57/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,195
2024
$4,195 (+26.1%)
2023
$3,326 (+2.4%)
2022
$3,247 (−44.6%)
2021
$5,859 (+0.5%)
2020
$5,829
2019
$5,829 (+51.9%)
2018
$3,836
2017
$3,836
Public record
Public record
Permits
Beds
—
Baths
12
Stories
2
Lot width
100 ft.
Lot depth
195 ft.
Lot size
0.6 Acres
Year renovated
1995
Sq. Ft.
7,650
Year built
1961
Style
Multi-Family (5+ Unit)
County
Washington County
APN
053L B 01601 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 22, 2026.
Oct 19, 2022 • Final
Courtesy
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Garage Information
Parking Features: Off-Street Parking, On Premise Parking
Interior
Interior Features
Appliances: Dishwasher, Refrigerator
Flooring: Laminate
Multi-Family Information
# Of Units Total: 12
Exterior
Exterior Features
Exterior Features: Balcony
Construction Materials: Brick
Property Information
Living Area Source: Tax Records
Building Area Total: 7,650
Building Area Source: Tax Records
Lot Information
Lot Size Dimensions: 135.16 X 194.98 IRR
Financial
Tax Information
City Taxes: $7,576.71
County Taxes: $4,194.97
Total Tax: $7,576.71
Utilities
Heating & Cooling
Heating YN: Yes
Heating: Central
Cooling YN: Yes
Cooling: Central Cooling
Location
Location Information
Directions: State of Franklin past ETSU going towards JCMC, left on W. Walnut, right on Carter Sells, driveway on right down the hill to the building.
Unparsed Address: 707 Carter Sells Rd, Johnson City, TN 37604
Public facts
Beds: —
Baths: 12.0
Sq. Ft.: 7,650
Stories: 2.0
Lot Size: 0.6 acres
Style: Multi-Family (5+ Unit)
Year Built: 1961
Year Renovated: 1995
County: Washington County
APN: 053L B 01601 000
Home facts updated by county records on Oct 22, 2026
Around this home
Schools
Woodland Elementary School
Public PreK-5 • Assigned • 1.5mi
9/10
Liberty Bell Middle School
Public 6-8 • Assigned • 2.2mi
8/10
Science Hill High School
Public 9-12 • Assigned • 2.5mi
8/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 97° expected this year, 21 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Johnson City, TN • 37604
Average low and high temperatures (°F)
42
25
51
31
66
41
73
51
74
55
83
64
86
69
81
63
77
59
68
47
60
41
50
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
97/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 15% for direct sun exposure in Johnson City. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.