Income-producing property near ETSU!! Featuring a DUPLEX with two 2-bedroom, 1-bath units plus a NEWLY COMPLETED detached 1-bedroom, 1-bath COTTAGE. The property is currently rented by college students, with bedrooms leased individually to maximize income. The four duplex bedrooms are currently rented at $635 per room, plus tenants' share of utilities - $1,270 per unit. The cottage offers additional income potential and features new appliances, flooring and HVAC. With all three living spaces rented, projected gross income is just under $4,000/month. Each living area has separate HVAC and separate power metering. Duplex is on same water meter. Convenient to ETSU, downtown Johnson City, hospitals, shopping and more. Great opportunity for a student rental, investment property, house hack or multi-generational setup. The property sits on a generously-sized nearly half acre lot. Time to build your portfolio? This is THE ONE!
Multi-familyProperty Type
1972Year Built
0.48 acresLot Size
$172Price/Sq.Ft.
Listed by Brittany Reed• Selling Stateline Real Estate Group
Cherokee, located between Downtown Johnson City and the ETSU campus, is a residential and institutional Johnson City neighborhood with tree-lined streets and a collegiate edge. The neighborhood’s character concentrates along W Walnut Street near the ETSU entrance, where coffee counters, casual bites, and campus foot traffic set the daily rhythm. East Tennessee State University anchors the streetscape, with the Reece Museum and the Martin Center for the Arts serving as cultural pillars. Housing trends toward classic mid-century and traditional homes with mature landscaping. Sidewalks and short blocks connect to campus greens and nearby parks. The pace feels steady and walk-oriented, shaped by lectures, performances, and game days.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Living
Interior features
Eat-in kitchen
Open floor plan
Walk-in closets
Double pane windows
Kitchen
Dishwasher
Electric range
Refrigerator
Laundry & utility
Washer
Dryer
Washer hookup
Electric dryer hookup
Flooring
Vinyl
Carpet
Laminate
Heating & cooling
Heat pump (heating and cooling)
See remarks regarding heating
Exterior features
Deck
Front porch
Rolling slope and level cleared terrain
Home design
Duplex (multi‑family residential income)
Updated/remodeled
One and two levels
Parking
Asphalt parking
Construction
Brick and vinyl siding
Shingle roof
Slab foundation
Built as multi-family/duplex
Utilities
Public water (see remarks)
Public sewer
Electricity connected
Water connected
Sewer connected
See remarks regarding utilities
Other
Zoning: RP 2
Electricity and solar
View estimated energy costs and solar savings for this home
Oh the potential this home holds! With four bedrooms and two full baths, it's designed to accommodate various living arrangements. Each floor has its own living space and fully-equipped kitchen, making it suitable for a duplex, single-family living, Airbnb, or even as an in-law suite. each level has its own electric meter, heat pump, and water valve shutoff. Recent updates, such as fresh paint, new flooring, modernized kitchens and bathrooms, and the addition of new trek decking, have given it a fresh look and feel. There's also an oversized two-car garage for all your storage needs. The property sits on a generously-sized lot, offering a great location just minutes away from downtown, shopping centers, hospitals, and grocery stores. It's a beautiful home with so many possibilities - let your imagination run wild!
Public Records
Dec 2, 2021
Sold
$215,000
$76/sq ft
TVRMLS #9929116
Nov 30, 2021
Sold
$212,000
$75/sq ft
Sep 26, 2021
Listed
$230,000
$81/sq ft
+24
Colonial Brick Home that has been used for dual living. 4 bedrooms, 2 bathrooms, 2 living rooms and 2 kitchens! Live on one side and rent the other out! Current owner stays upstairs and rents the main level. 2 car oversized detached garage that can hold 4 vehicles comfortably. Trampoline and Swingset convey. Current renter pays $700/month and would like to stay. Rent could easily be increased. There is a closed staircase that connects the two areas which can be reopened. main level uses that area for washer/dry connections. Carpets recently shampooed. Buyer/Buyer's agent to verify
TVRMLS #9929115
Nov 30, 2021
Sold
$212,000
$75/sq ft
Sep 25, 2021
Listed
$230,000
$81/sq ft
Public Records
Jul 24, 2017
Sold
$128,000
$45/sq ft
Public Records
Aug 30, 2005
Sold
$129,266
$46/sq ft
Public Records
Mar 7, 2005
Sold
$130,000
$46/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$1,059
2024
$1,059 (+25.5%)
2023
$844 (+13.6%)
2022
$743 (−44.6%)
2021
$1,341 (+0.5%)
2020
$1,334
2019
$1,334 (−4.1%)
2018
$1,391
2017
$1,391 (+4.0%)
2016
$1,338 (+10.4%)
2015
$1,212 (+7.0%)
2014
$1,133
Public record
Beds
—
Baths
2
Stories
2
Lot width
110 ft.
Lot depth
182 ft.
Lot size
0.46 Acres
Year renovated
2000
Finished Sq. Ft.
1,872
Unfinished Sq. Ft.
—
Total Sq. Ft.
1,872
Year built
1972
Style
Multi-Family (2-4 Unit)
County
Washington County
APN
054N C 04700 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 3, 2026.
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
4/10 Heat Factor
7 days above 95° expected this year, 21 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Johnson City, TN • 37604
Average low and high temperatures (°F)
42
25
51
31
66
41
73
51
74
55
83
64
86
69
81
63
78
60
70
48
60
41
50
32
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.7 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 809 Ridgecrest Rd
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