Coldwell Banker Home Page

Local Realty Service Provided By: Coldwell Banker Security Real Estate

Property view
Listing view 2
Listing view 3

3536/3538 West Walnut Street, 
Johnson City, TN 37604

$449,000


Bed


Bath


1,764

Sq Ft


Multi-Family

Active

Listed by

Meghan Masters

Property Executives Johnson City

423-952-0226

Last updated:

September 1, 2026, 11:07 PM

MLS#

10000313

Source:

TNVA MLS

About This Home

3536/3538 West Walnut Street

Investor's Dream!! 3 Units, Strong Cash Flow & Endless Possibilities! This unique property offers three separate rental units with excellent income potential. The duplex features brick and metal exterior and includes a 2-bedroom/1-bath unit and a 1-bedroom/1-bath unit, both updated inside. Kitchen offers oak cabinetry with upgraded appliances. Flooring throughout is stained concrete with tile in the baths. Natural gas water heater and gas logs in duplex units. All bedrooms have ceiling fans. A separate 3-bedroom/2-bath double wide provides even more rental versatility with plenty of living space. With a mix of unit sizes, this property appeals to a wide range of tenants and delivers consistent rental income. Whether you're expanding your investment portfolio or searching for a strong cash-flow property, this one checks all the boxes! NO city taxes! 3536 W. Walnut: -Unit #1 is a 2 bedroom 1 bath unit renting for $1,350.00 per month. Includes power, gas, and water. -Unit #2 is a 1 bedroom 1 bath unit renting for $1,070.00 per month. Includes water. 3538 W. Walnut: -3 bedroom 2 bath renting for $1,515.00 per month and includes power, gas, and water. All 3 units are on 1 parcel. Duplex and double wide have separate water meters. UNITS ARE ALL OCCUPIED, PLEASE ALLOW 24 HOUR NOTICE FOR SHOWINGS. NO SIGN OR LOCKBOX

Home Facts

Multi-Family

Built in 1940

Price Summary

449,000

$254 per Sq. Ft.

MLS #:

10000313

Last Updated:

September 1, 2026, 11:07 PM

Added:

2 day(s) ago


Structure

Structure

Architectural Style:

Duplex

Building Area:

1,764 Sq. Ft.

Year Built:

1940


Lot

Lot Size (Sq. Ft):

48,351


Finances & Disclosures

Finances

Price:

$449,000

Price per Sq. Ft:

$254 per Sq. Ft.

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. © 2026 Tennessee Virginia Regional Mls All rights reserved.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.

Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.