1411 West G Street, Elizabethton, TENNESSEE

$659,000

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0.34

Acres

About 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.

Features of 1411 West G Street

MLS® # 9981280
Price $659,000
Acres 0.34
Year Built 1980
Type Multi Family
Sub-Type Multi Family
Style Contemporary
Status Pending

Community Information

Address 1411 West G Street
City Elizabethton
County Carter
State TENNESSEE
Zip Code 37643

Amenities

Garages Asphalt
Is Waterfront No

Interior

Heating Central
Cooling Central Air, Wall Unit(s)
Fireplace No
# of Stories 1
Stories One
Has Basement Yes
Basement Crawl Space

Exterior

Exterior Vinyl Siding
Lot Description Cleared
Windows Double Pane Windows
Roof Metal

School Information

Elementary West Side
Middle T A Dugger
High Elizabethton

Additional Information

Date Listed June 6th, 2025
Days on Market 6
Zoning R3
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCentury 21 Legacy

Listing Map

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