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1411 West G Street, 
Elizabethton, TN 37643

$659,000


Bed


Bath


-

Sq Ft


Multi-Family

Pending

Listed by

Skylar Dejesus

Century 21 Legacy

423-282-1885

Last updated:

June 8, 2025, 08:49 PM

MLS#

9981280

Source:

TNVA MLS

About This Home

1411 West G Street

Turn-Key 9-Unit Multifamily Investment Across from West Side Elementary 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.

Home Facts

Multi-Family

Built in 1980

Price Summary

659,000

MLS #:

9981280

Last Updated:

June 8, 2025, 08:49 PM

Added:

10 day(s) ago


Structure

Structure

Architectural Style:

Contemporary

Year Built:

1980


Lot

Lot Size (Sq. Ft):

14,810


Finances & Disclosures

Finances

Price:

$659,000

Source:TNVA MLS
The information being provided by Tennessee Virginia Regional MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Tennessee Virginia Regional MLS All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.