10 beds 6 half baths
36.3224 -82.37

505 Stanley Ave Johnson City, TN 37604

Est. Monthly $987 with $1,171 in taxes recalculate
10 beds 6 half baths

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CENTURY 21 Legacy
3 Limited Centre
Johnson City, TN 37604
CENTURY 21 Legacy
3 Limited Centre Johnson City, TN 37604
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505 Stanley Ave
Johnson City, TN 37604

Explore This Property

Multi-Family (2-4 Units) - 6 unit apartment building for sale, with serious value-add potential. 4 units are 2 bedroom, and 2 units are 1 bedroom, all tenants past one year and are month to month, with some tenants having been there for years. Simple, basic apartments, easy to rent, and no vacancies at this time. Each unit has Stove, fridge, washer hook-up, window unit A/C, and wall heaters. Rents currently below market average, and with management, could gross up yearly net income nicely. Great investment opportunity.
MLS # 377011
Courtesy Of RE/MAX Checkmate Realtors Inc.

Property Features

  • Age: Over 50 Years Old
  • Appliances: Range - Electric, Refrigerator
  • Architecture Style: Other
  • Cooling System: Window Unit(s) A/C
  • Exterior Type: Vinyl Siding
  • Floor Covering: Carpet, Vinyl
  • Heating Fuel: Electric
  • Lot Size: 0.26 Acres
  • Roof Type: Unknown
  • Rooms: Bedroom, Half Bath

  • Purchase or Lease Opportunities

    Traditional Mortgage
    30 year mortgage at 4.75% APR
    $987Your estimated monthly payment
    $34,98020% Down Payment
    $174,900 $157,410 $1,171
    purchase price loan amount property tax (est)
    Explore Mortgage Options
    Program Details
    *Neither Century 21 Real Estate LLC nor any of its franchisees or other affiliated companies provides, or is in any way responsible, for any product or service offered by Home Partners of America.

  • Elementary School
    Grades PRESCHOOL-4 | Public School

    JOHNSON CITY, TN 37601
    1000 N ROAN ST

    Total Students 300
    Student Teacher Ratio 10:1

    School Rating

    3 stars View School Details
    Middle School
    Grades 7-8 | Public School

    JOHNSON CITY, TN 37604

    Total Students 1200
    Student Teacher Ratio 15:1

    School Rating

    5 stars View School Details
    High School
    Grades 9-12 | Public School

    JOHNSON CITY, TN 37604

    Total Students 2243
    Student Teacher Ratio 15:1

    School Rating

    5 stars View School Details
    Other Nearby Schools Distance Type Grades School Rating Parent Rating
    Ashley Academy 0.7 mi Private PRESCHOOL-8
    Central Baptist Church 0.9 mi Private PRESCHOOL-K
    Central Baptist Preschool And Kindergarten 0.9 mi Private PRESCHOOL-K
    Munsey Kindergarten 1.1 mi Private PRESCHOOL-K
    University School 1.2 mi Public K-12
    South Side Elementary School 1.3 mi Public K-4
    Woodridge Hospital 1.4 mi Private K-12
    Fairmont Elementary School 1.4 mi Public PRESCHOOL-4
    Washington County Adult High School 1.5 mi Public 9-12
    Washington County Virtual School 1.5 mi Public 9-12
    Science Hill Career And Technical Center 1.6 mi Public 9-12
    Towne Acres Elementary School 1.7 mi Public K-4
    Woodland Elementary School 1.9 mi Public PRESCHOOL-4
    Sylvan Learning Center 1012 2.0 mi Private K-12
    Mountain View Elementary School 2.2 mi Public K-4
    St Mary School 2.3 mi Catholic K-8
    Cherokee Elementary School 2.9 mi Public K-4

    Local Area Information for Johnson City, TN 37604

    Median Age: 38
    Married: 34.9%
    Number of Households: 16,369
    Households with Children: 3,232
    • Occupancy Types
      • 0 Vacant
      • 0 Owned
      • 0 Rented
    • Transportation to Work
      • 0 Drive
      • 0 Public Transportation
      • 0 Walk / Bike / Other
      • 0 Work at Home
    (in Degrees Fahrenheit)
      Visit Area Info Page

      Copyright © 2017 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
      Community information and market data Powered by Onboard Informatics. Copyright ©2016 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
      Sources: Maponics, LLC and Onboard Informatics ©2016. School Performance data by SchoolDigger.com. School Review data by Niche.com. This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
      The Multi-Family (2-4 Units) located at 505 Stanley Ave, Johnson City, TN 37604 is currently for sale. 505 Stanley Ave, Johnson City is listed for $174,900. This property has 10 bedrooms, and 6 half bathrooms. If the property located at 505 Stanley Ave, Johnson City, TN isn't what you're looking for, search Tennessee real estate to see other houses for sale in Johnson City.