$499,000

702 West Main Street, Jonesborough, TN 37659

  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1960
  • Property Lot Size Icon1.84acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 24 days ago

Property Description

Are you looking for an investment property with immediate income potential? This well positioned four-plex sits at the edge of Tennessee's oldest town, offering a strong investment opportunity and rental appeal. The property currently features four established rental units. Three units are tenant-occupied with active leases in place. The fourth is owner-occupied and could be leased after June. (Third party resources were used for information purposes, Buyer to verify.) There is also potential to convert additional space into a fifth unit ideal for a short-term rental. Multiple income streams, expansion opportunity, historic downtown location, flexible rental strategy. Please refer to the uploaded floor plans for detailed layouts and unit configurations. There is an extra lot in the back on the units for expansion purposes. (Third party resources were used for research, Buyer to verify.)

Listing Status:
Active
Date Added:
March 1, 2026
Data Last Updated:
March 24, 2026 at 11:40PM
Listing Office:
Debby Gibson Real Estate : 423-833-7492
Listing Agent:
Debby Gibson : 423-833-4023
MLS ID:
9991719
  • Appliances: Electric RangeRefrigerator
  • A/C: Central Air
  • Heating: Central
  • Style: OtherSee Remarks
  • Parking: Unpaved
  • Roofing: Asphalt
  • Windows: Double Pane Windows
  • General: Vinyl SidingTwo
  • Originating MLS: Tennessee/Virginia Regional MLS
  • County: Washington
  • Zoning: res052 26700 000
  • Water: Public
  • Sewer: Public Sewer
  • Source: Tennessee/Virginia Regional MLS

This listing courtesy of Debby Gibson , Debby Gibson Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

J

Jonesborough Middle School

308 Forrest Dr, Jonesborough, TN, 37659

Grades 5-8

1.57 miles away

J

Jonesborough Middle School

308 Forrest Dr, Jonesborough, TN, 37659

Grades 5-8

1.57 miles away

D

David Crockett High School

684 Old State Route 34, Jonesborough, TN, 37659

Grades 9-12

2.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.