1419 Colony Park Drive, Johnson City, TN 37604
Local realty services provided by:CENTURY 21 Legacy
1419 Colony Park Drive,Johnson City, TN 37604
$1,115,000
- - Beds
- - Baths
- 3,144 sq. ft.
- Multi-family
- Active
Listed by: toni drumwright
Office: greater impact realty jonesborough
MLS#:9994608
Source:TNVA_MLS
Price summary
- Price:$1,115,000
- Price per sq. ft.:$354.64
About this home
8-Unit Multifamily Investment Opportunity
Now available--well-maintained 8-unit townhome-style complex in a prime Johnson City location offering strong occupancy and immediate income potential.
The property features eight 2-bedroom, 1.5-bath units, with a convenient half bath on the main level and full bath upstairs. Currently, 7 units are occupied with 1 unit intentionally left vacant for showings, providing easy access for prospective buyers without disrupting tenant stability.
Many units have been updated with new flooring, PEX plumbing, and updated appliances, offering a more modern feel while helping reduce ongoing maintenance. The property has been consistently cared for and presents a solid opportunity for investors seeking a stable, income-producing asset.
Ideally located just minutes from East Tennessee State University (ETSU), Johnson City Medical Center, and the VA Hospital, this property benefits from steady rental demand. Tenants also enjoy convenient access to grocery stores, everyday essentials, and downtown Johnson City dining and entertainment.
Highlights:
8 total units (2BR / 1.5BA townhome-style)
7 occupied, 1 vacant for showings
Updates in many units: flooring, PEX plumbing, appliances
Desirable layout with half bath on main level
Strong rental location near major employers and amenities
Consistent occupancy with investment upside
Whether you're expanding your portfolio or entering the multifamily space, this property offers a balanced combination of stability, location, and long-term potential.
Some of the information in this listing may have been obtained from a 3rd party and/or tax records and must be verified before assuming accuracy. Buyer(s) must verify all information....
Contact an agent
Home facts
- Year built:1978
- Subdivision & Development:Not In Subdivision
- Listing ID #:9994608
- Added:179 day(s) ago
- Updated:October 25, 2026 at 03:54 PM
Rooms and interior
- Flooring:Luxury Vinyl
- Kitchen Description:Dishwasher, Range, Refrigerator
- Living area:3,144 sq. ft.
Heating and cooling
- Cooling:Heat Pump
- Heating:Heat Pump
Structure and exterior
- Year built:1978
- Building area:3,144 sq. ft.
- Architectural Style:Townhouse
- Construction Materials:Wood Siding
- Exterior Features:Balcony
- Foundation Description:Block
Schools
- High school:Science Hill
- Middle school:Liberty Bell
- Elementary school:Cherokee
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,115,000
- Price per sq. ft.:$354.64
Features and amenities
- Appliances:Dishwasher, Range, Refrigerator
Parking
- Parking description:Asphalt Driveway
New listings near 1419 Colony Park Drive
- New
$206,000Active1 beds 1 baths765 sq. ft.163 Browns Road #421, Johnson City, TN 37615
MLS# 10002551Listed by: COLDWELL BANKER SECURITY REAL ESTATE - New
$1,350,000Active6 beds 4 baths4,660 sq. ft.337 Sunset Ridge Court, Johnson City, TN 37615
MLS# 10002532Listed by: CENTURY 21 LEGACY - New
$360,000Active4 beds 2 baths2,058 sq. ft.1301 East 11th Avenue, Johnson City, TN 37601
MLS# 10002527Listed by: CENTURY 21 LEGACY - New
$589,900Active15.47 AcresTbd Mccray Road, Johnson City, TN 37615
MLS# 10002504Listed by: REALTY EXECUTIVES EAST TN REALTORS - New
$279,500Active3 beds 2 baths1,568 sq. ft.118 Trail Lane, Johnson City, TN 37615
MLS# 10002511Listed by: SUMMIT PROPERTIES - New
$179,900Active2 beds 2 baths1,280 sq. ft.2201 Cherokee Road #14, Johnson City, TN 37604
MLS# 10002488Listed by: PROPERTY EXECUTIVES JOHNSON CITY - New
$379,500Active2 beds 2 baths1,676 sq. ft.207 Hacker Martin Drive, Johnson City, TN 37615
MLS# 10002498Listed by: WEICHERT REALTORS SAXON CLARK KPT - New
$235,000Active2 beds 1 baths1,008 sq. ft.1008 Henry Street, Johnson City, TN 37601
MLS# 10002500Listed by: EPIQUE REALTY - New
$1,350,000Active2.11 Acres1022 Quality Circle, Johnson City, TN 37615
MLS# 10002447Listed by: THE ELITE TEAM AGENCY - New
$374,900Active3 beds 2 baths2,150 sq. ft.608 Pine Ridge Road, Johnson City, TN 37601
MLS# 10002448Listed by: RE/MAX PREFERRED