1924 Wheeler Street, Johnson City, TN 37604
Local realty services provided by:CENTURY 21 Legacy
1924 Wheeler Street,Johnson City, TN 37604
$62,000
- - Acres
- Lots / Land
- Sold
Listed by: ryan & sarah mckinney
Office: kw johnson city
MLS#:9989742
Source:TNVA_MLS
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Price summary
- Price:$62,000
About this home
Prime infill opportunity in Johnson City's core rental and short-term lodging corridor. This vacant parcel on Wheeler Street is zoned R-3, allowing multi-family development and making it well-suited for a duplex new build (buyer/buyer's agent to verify). The lot measures approximately 160' x 93' (irregular) with public utilities available at the street and no existing structures to remove—an efficient starting point for a builder or investor focused on cost-to-value ratios.
The dimensions support multiple duplex footprint configurations, including a conceptual ~48' x 54' building envelope with surface parking for two spaces per unit. The lot size also allows flexibility for alternate layouts (side or rear parking, patio space, modern or traditional façades), giving a builder room to tailor the design to target renters or short-term guests. With R-3 zoning, potential exit strategies include build-to-rent, build-to-sell, or a short-term/medium-term furnished rental model (verify allowances). Think modern architecture, rooftop patios, covered parking—or keep it simple with a clean 48' x 54' footprint and two 1,250 sq ft units. No demolition. It's dirt with direction, not dirt with questions. Location amplifies the project's potential. It's just 175 steps from the driveway to ETSU's softball stadium parking lot, or a 6-minute bike ride to Sam Wilson Hall in the center of campus. Johnson City Medical Center is also only a 6-minute bike ride. And if you're planning to head to Downtown Johnson City, it's a 4-minute Uber. An 18-minute walk to ETSU's football stadium—which, let's face it, becomes 12 minutes when adrenaline and hearing the ''Buccaneer March'' are involved on GameDay. That combination of proximity makes an investment property here appealing not only for long-term renters or a monthly furnished rental tied to ETSU, the VA, and JCMC, but also for short-stay users such as visiting parents, medical rotations, graduations, and athletic events. This is the kind of proximity that turns properties into investments, investments into cash flow, and cash flow into long-term appreciation.
New construction here solves three problems at once: student demand, medical professional demand, event-driven short-term stay demand (tournaments, graduations, gamedays), and, one final possibility is to build a single family home and live there full-time. Infill inventory this close to campus and the Med Center remains limited. This parcel offers a rare blend of zoning flexibility, buildability, and walk-bike connectivity that aligns with today's student, professional, and travel demand patterns. No teardown. No HOA. No crazy hillside excavation. Just opportunity—measured in steps, minutes, and LTR, MTR, OR STR occupancy rates. Whether you're designing your home, a premium STR experience with stadium-day walkability, creating a furnished monthly rental, or stacking long-term units for stable rents, Wheeler Street is your blank canvas. All information deemed reliable but not guaranteed. Buyer/buyer's agent to verify zoning, setbacks, utilities, and allowable uses.
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Home facts
- Listing ID #:9989742
- Added:61 day(s) ago
- Updated:March 07, 2026 at 07:45 AM
Structure and exterior
- Lot Features:Cleared, Level
Schools
- High school:Science Hill
- Middle school:Liberty Bell
- Elementary school:South Side
Utilities
- Water:At Road, Public
- Sewer:At Road, Public Sewer
Finances and disclosures
- Price:$62,000
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