Listing Courtesy of: TENNESSEE VIRGINIA / Century 21 Legacy / Skylar DeJesus
1411 West G Street Elizabethton, TN 37643
Active (2 Days)
$659,000
Description
MLS #:
9981280
9981280
Lot Size
0.34 acres
0.34 acres
Type
Multifamily
Multifamily
Year Built
1980
1980
Style
Contemporary
Contemporary
County
Carter County
Carter County
Listed By
Skylar DeJesus, Century 21 Legacy
Source
TENNESSEE VIRGINIA
Last checked Jun 7 2025 at 6:12 PM GMT-0500
TENNESSEE VIRGINIA
Last checked Jun 7 2025 at 6:12 PM GMT-0500
Bathroom Details
Interior Features
- Windows : Double Pane Windows
Heating and Cooling
- Central
- Central Air
- Wall Unit(s)
Basement Information
- Crawl Space
Exterior Features
- Roof: Metal
Utility Information
- Sewer: Public Sewer
School Information
- Elementary School: West Side
- Middle School: T a Dugger
- High School: Elizabethton
Parking
- Asphalt
Location
Estimated Monthly Mortgage Payment
*Based on Fixed Interest Rate withe a 30 year term, principal and interest only
Listing price
Down payment
%
Interest rate
%Mortgage calculator estimates are provided by C21 Legacy and are intended for information use only. Your payments may be higher or lower and all loans are subject to credit approval.
Disclaimer: Copyright 2025 Tennessee Virginia Regional MLS. All rights reserved. This information is deemed reliable, but not guaranteed. The 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. Data last updated 6/7/25 11:12
Welcome to 1411 W G Street, a fully stabilized and meticulously maintained 9-unit multifamily property ideally located in the heart of Elizabethton, Tennessee. Situated directly across from West Side Elementary School, this high-visibility, in-town location offers both convenience and long-term tenant appeal.
The property has undergone numerous capital improvements, including a new roof installed approximately 18 months ago, updated electrical and plumbing systems, modern siding, and energy-efficient windows. Of the seven HVAC systems serving the building, five are only nine years old, ensuring low maintenance and comfortable living conditions for residents.
The building is currently operating at 100% occupancy with zero delinquency, making it a truly turn-key investment opportunity. Tenants enjoy spacious, well-kept units and a location just minutes from downtown Elizabethton, retail centers, and public transit. The property sits on a 0.34-acre lot.
Zoned for high-density residential or possible commercial use, this asset is ideally suited for investors looking for strong cash flow in a growing market. With all major systems updated and no immediate deferred maintenance, this is a rare chance to acquire a stabilized property with excellent in-place income. The current rent roll brings in $6040/month and will update to $6525 starting July 1st.