# 204 E Watauga Avenue, Johnson City, TN 37601 > **TL;DR:** commercial, $1,590,000 ($178/sqft), built 1920, 8,942 sqft. > A/C. Est. $8,504/mo. Listed 24 days. ## Property at a Glance | Attribute | Value | |-----------|-------| | Price | $1,590,000 | | Price/sqft | $178 | | Square Feet | 8,942 | | Year Built | 1920 | | Property Type | Commercial (Other) | | Status | Active | | Days on Market | 24 | ## Estimated Monthly Costs | Category | Amount | |----------|--------| | Principal & Interest (20% down, 30-year at 6.5%) | $8,040 | | Estimated Insurance | $464 | | **Total** | **$8,504** | ## Key Amenities - A/C ## Property Highlights - Built in 1920 - 9 parking spaces ## Description ### Agent Description Attention Investors! Here is your chance to own 16 fully occupied units in Johnson City, Tennessee. This complex is less than 3 miles from ETSU and less than 5 miles from Milligan University. This portfolio includes 3 separate buildings that have been converted into apartments. The addresses are: 200, 204, 206 E Watauga Ave. 200 E Watauga is composed of 6-1 bedroom/1 bath apartments. These units have separate electrical meters for each unit. The water/wifi/trash and sewer are paid by the owner but a utility charge is charged to the tenants for compensation. 204 E Watauga is composed of 6-1 bedroom/1bath apartments. These also have separate electrical meters for each unit. These units have separate electrical meters for each unit. The water/wifi/trash and sewer are paid by the owner but a utility charge is charged to the tenants for compensation. 206 E Watauga is composed of 3-(1 bedroom/1 bath) apartments and 1- (3bedroom/1bathroom) apartment. These units share all utilities(electric/water/internet/trash/sewer) and the three bedroom has this cost factored into the rent, the other three units pay a utility fee to offset the costs since the landlord pays the utilities. This building has a laundry room for all units to use located on the ground level of building 206. The washer and dryer are currently leased and can be taken over by the new owners. The owner has spent a great deal in capital expenditures improving the units. This includes completely remodeling 6 units with new flooring, new paint, new updated bathrooms, new appliances, new custom cabinetry, new countertops, and new PTAC units when needed. The remaining units were updated/refreshed with new floor, new paint, updated plumbing, and new appliances as needed. The property is being professionally managed by a local property management company. ## Location - **Address:** 204 E Watauga Avenue, Johnson City, TN 37601 - **County:** Washington - **Neighborhood:** Not In Subdivision - **Coordinates:** 36.322965, -82.354373 - **Google Maps:** https://www.google.com/maps?q=36.322965,-82.354373 ## Listing Agent - **Name:** Matthew McCrory · **License:** 347285 - **Brokerage:** eXp Realty LLC - **Phone:** 4235577839 - **Broker Phone:** (888) 519-5113 ## Photos ![204 E Watauga Avenue - Photo 1](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f473471346r.jpg) ![204 E Watauga Avenue - Photo 2](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3582806807r.jpg) ![204 E Watauga Avenue - Photo 3](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3485627363r.jpg) ![204 E Watauga Avenue - Photo 4](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2542276920r.jpg) ![204 E Watauga Avenue - Photo 5](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3137681043r.jpg) ![204 E Watauga Avenue - Photo 6](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f4142402111r.jpg) ![204 E Watauga Avenue - Photo 7](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f557020898r.jpg) ![204 E Watauga Avenue - Photo 8](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f888253780r.jpg) ![204 E Watauga Avenue - Photo 9](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2949173488r.jpg) ![204 E Watauga Avenue - Photo 10](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1451195545r.jpg) ![204 E Watauga Avenue - Photo 11](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3685434480r.jpg) ![204 E Watauga Avenue - Photo 12](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3491199107r.jpg) ![204 E Watauga Avenue - Photo 13](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2196941508r.jpg) ![204 E Watauga Avenue - Photo 14](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f4019533330r.jpg) ![204 E Watauga Avenue - Photo 15](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1617247999r.jpg) ![204 E Watauga Avenue - Photo 16](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1970534989r.jpg) ![204 E Watauga Avenue - Photo 17](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1904889162r.jpg) ![204 E Watauga Avenue - Photo 18](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f234904063r.jpg) ![204 E Watauga Avenue - Photo 19](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f470678150r.jpg) ![204 E Watauga Avenue - Photo 20](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2511219239r.jpg) ![204 E Watauga Avenue - Photo 21](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3507913944r.jpg) ![204 E Watauga Avenue - Photo 22](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2243360587r.jpg) ![204 E Watauga Avenue - Photo 23](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3237039511r.jpg) ![204 E Watauga Avenue - Photo 24](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2547066373r.jpg) ![204 E Watauga Avenue - Photo 25](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1807835928r.jpg) ![204 E Watauga Avenue - Photo 26](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f4213383661r.jpg) ![204 E Watauga Avenue - Photo 27](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1633584304r.jpg) ![204 E Watauga Avenue - Photo 28](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3023116741r.jpg) ![204 E Watauga Avenue - Photo 29](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2590259518r.jpg) ![204 E Watauga Avenue - Photo 30](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f630431762r.jpg) ![204 E Watauga Avenue - Photo 31](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2136937163r.jpg) ![204 E Watauga Avenue - Photo 32](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2993387577r.jpg) ![204 E Watauga Avenue - Photo 33](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1354613999r.jpg) ![204 E Watauga Avenue - Photo 34](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1331085525r.jpg) ![204 E Watauga Avenue - Photo 35](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f925633229r.jpg) ![204 E Watauga Avenue - Photo 36](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3075939614r.jpg) ![204 E Watauga Avenue - Photo 37](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2769156162r.jpg) ![204 E Watauga Avenue - Photo 38](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f705857306r.jpg) ![204 E Watauga Avenue - Photo 39](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2938509125r.jpg) ![204 E Watauga Avenue - Photo 40](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f990327623r.jpg) ![204 E Watauga Avenue - Photo 41](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2548260599r.jpg) ![204 E Watauga Avenue - Photo 42](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f4121684500r.jpg) ![204 E Watauga Avenue - Photo 43](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f190771437r.jpg) ![204 E Watauga Avenue - Photo 44](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f140173965r.jpg) ![204 E Watauga Avenue - Photo 45](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1403341060r.jpg) ![204 E Watauga Avenue - Photo 46](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3186528178r.jpg) ![204 E Watauga Avenue - Photo 47](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3803508933r.jpg) ![204 E Watauga Avenue - Photo 48](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f4054784366r.jpg) ![204 E Watauga Avenue - Photo 49](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1325302578r.jpg) ![204 E Watauga Avenue - Photo 50](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2260136999r.jpg) ![204 E Watauga Avenue - Photo 51](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2722942889r.jpg) ![204 E Watauga Avenue - Photo 52](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3208183540r.jpg) ![204 E Watauga Avenue - Photo 53](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3296332135r.jpg) ![204 E Watauga Avenue - Photo 54](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1101954232r.jpg) ![204 E Watauga Avenue - Photo 55](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2155142241r.jpg) ![204 E Watauga Avenue - Photo 56](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f28215245r.jpg) ![204 E Watauga Avenue - Photo 57](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f4120418376r.jpg) ![204 E Watauga Avenue - Photo 58](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1840584568r.jpg) ![204 E Watauga Avenue - Photo 59](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1579891562r.jpg) ![204 E Watauga Avenue - Photo 60](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f2058561925r.jpg) ![204 E Watauga Avenue - Photo 61](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1130254778r.jpg) ![204 E Watauga Avenue - Photo 62](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3936438497r.jpg) ![204 E Watauga Avenue - Photo 63](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f1897022404r.jpg) ![204 E Watauga Avenue - Photo 64](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3959040291r.jpg) ![204 E Watauga Avenue - Photo 65](http://lh.rdcpix.com/6d7f45588603b78133819e9ff09a4c3dl-f3691338521r.jpg) --- **MLS#:** 10000670 | **Updated:** 2026-10-02 **Source:** listhub *Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.* [View on PropertySimple](https://www.propertysimple.ai/listing/204-e-watauga-avenue-johnson-city-tn-37601-10000670) --- ## Structured Data ```json { "@context": "https://schema.org", "@type": "RealEstateListing", "@id": "https://www.propertysimple.ai/listing/204-e-watauga-avenue-johnson-city-tn-37601-10000670#listing", "url": "https://www.propertysimple.ai/listing/204-e-watauga-avenue-johnson-city-tn-37601-10000670", "name": "204 E Watauga Avenue, Johnson City, TN 37601", "description": "Attention Investors! Here is your chance to own 16 fully occupied units in Johnson City, Tennessee. This complex is less than 3 miles from ETSU and less than 5 miles from Milligan University. This portfolio includes 3 separate buildings that have been converted into apartments. The addresses are: 200, 204, 206 E Watauga Ave. 200 E Watauga is composed of 6-1 bedroom/1 bath apartments. These units have separate electrical meters for each unit. The water/wifi/trash and sewer are paid by the owner but a utility charge is charged to the tenants for compensation. 204 E Watauga is composed of 6-1 bedroom/1bath apartments. These also have separate electrical meters for each unit. These units have separate electrical meters for each unit. The water/wifi/trash and sewer are paid by the owner but a utility charge is charged to the tenants for compensation. 206 E Watauga is composed of 3-(1 bedroom/1 bath) apartments and 1- (3bedroom/1bathroom) apartment. These units share all utilities(electric/water/internet/trash/sewer) and the three bedroom has this cost factored into the rent, the other three units pay a utility fee to offset the costs since the landlord pays the utilities. This building has a laundry room for all units to use located on the ground level of building 206. The washer and dryer are currently leased and can be taken over by the new owners. The owner has spent a great deal in capital expenditures improving the units. This includes completely remodeling 6 units with new flooring, new paint, new updated bathrooms, new appliances, new custom cabinetry, new countertops, and new PTAC units when needed. The remaining units were updated/refreshed with new floor, new paint, updated plumbing, and new appliances as needed. 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