Kingsport TN Multi Family for Sale

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Type:
Other
Sq.Ft.:
3,286
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1935
Baths:
MLS#:
9972546
Subdivision:
East Highland Add

ADDITIONAL INFORMATION

This unique offering includes a quadplex and an additional standalone house, providing a total of 5 income-producing units with an 8% cap rate. Recent updates by the owner include new windows, updated flooring, and mini-split units and more! This Conveniently located in Kingsport, close to shopping, restaurants, and other amenities, this property offers tenants easy access to everything they need. Whether you're looking to expand your portfolio or make your first investment, this is an excellent chance to own a property with strong rental potential in a growing area.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.07 Acres
Year built:
1920
Baths:
MLS#:
9972460

ADDITIONAL INFORMATION

Welcome to a multifamily investment opportunity in the heart of downtown Kingsport, located in a Tax Opportunity Zone, providing valuable financial incentives for restoration and development! This partially renovated building offers three spacious residential lofts upstairs, an additional 2-bedroom, 1-bath unit downstairs, and a ground-floor retail space, giving you incredible flexibility for income generation and owner-occupier potential. With brand-new plumbing and electrical systems already installed, the heavy lifting has been done—now it's time to bring your creativity and finish the lofts and retail space to your specifications. Each loft features high ceilings and large windows, offering modern, open living spaces. The retail space provides excellent visibility and high foot traffic, making it ideal for leasing to a business or for personal use. The building comes with in-box appliances and fixtures ready for installation, offering you the freedom to customize and complete the interiors to your liking. Situated in a prime downtown Kingsport location, you'll be just steps from shops, restaurants, and cultural landmarks, enhancing the appeal for both residential tenants and retail clients. This is a rare chance to secure a mixed-use property with financial benefits from the Tax Opportunity Zone, at a price that will increase as work progresses. Whether you're looking for rental income, business potential, or a unique live-work space, this building offers limitless possibilities! Act now and transform this property into a top-tier investment!

Type:
Other
Sq.Ft.:
9,600
Status:
Active
Beds:
n/a
Lot size:
10.6 Acres
Year built:
1989
Baths:
MLS#:
9972406
Subdivision:
Not In Subdivision

ADDITIONAL INFORMATION

Great investment opportunity with a huge amount of land zoned R3 for expansion! City water, sewer, schools and extensive road frontage. 3 adjacent parcels of land with frontage on Parkridge, Tilthammer and Manor Dr, (see attachment.) 8 total units fully rented, (2) 2 bed/2 bath, (2) 3 bed/2 bath, (4) 2 bed/1.5 bath. Each unit has its own power and water meter, owner pays landscape, pest and trash pickup. Extensive renovations done in 2022/2023. Roof 2015, Siding 6 years ago. Large yard area in the rear of the building, each unit has deck or patio. Plenty of parking in the front, 4 units have one-car garage.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.16 Acres
Year built:
1940
Baths:
MLS#:
9969735
Subdivision:
Not In Subdivision

ADDITIONAL INFORMATION

Welcome to an exceptional investment opportunity that seamlessly blends residential comfort with commercial potential. This meticulously maintained 2-story building offers a unique combination of a spacious 3-bedroom, 1-bath living quarters on the top floor, and a versatile commercial office space on the ground floor. With an in ground pool and prime location, this property is an ideal choice for investors, business owners, or those seeking a live/work lifestyle.

Type:
Multi-Family
Sq.Ft.:
5,438
Status:
Active
Beds:
n/a
Year built:
1930
Baths:
MLS#:
1268939
Subdivision:
City Of Kingsport

ADDITIONAL INFORMATION

Presenting 1223 Wateree Street located in Kingsport, TN. This property features seven units total with five 1 bed, 1 bath units and two 2 bed, 1 bath units. There have been numerous renovations in each of the units including new cabinets, flooring, plumbing, bathrooms, mini split HVACs, and much more. This property is perfect for investors looking to expand their portfolio as this property offers exceptional potential in downtown Kingsport.

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.09 Acres
Year built:
1920
Baths:
MLS#:
9964153

ADDITIONAL INFORMATION

Calling all investors!! This 12 Bedroom 11 bath multi family home is exactly what you're looking for! This property is close to East Stone Drive and Dobyns-Bennett High School! Property needs some TLC but still cash flows, and can cash flow even more if fixed up. This building is 11 units bringing in $6,700 a month or $80,400 annually! Owner pays utilities, no HOA or CAM fees. This would be a perfect addition to your investment portfolio, schedule a showing today!

Type:
Other
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
1.4 Acres
Baths:
MLS#:
9961934
Subdivision:
Fort Robinson Add

ADDITIONAL INFORMATION

Great investment opportunity. 16 Single wide mobile homes and a 1 house. Sets on 2 parcels. 12mobile homes has HVAC installed 5 to 6 years ago. 6 units has new pex plumbing. All mobile homes will have kool seal roof coating done by mid October 2024. Tenets pay their own power, water, and yard maintenance. There is no monthly owner expenses. All mobile homes are parked owned.

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

All information provided is deemed reliable but is not guaranteed and should be independently verified. Such information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Knoxville Area Association of Realtors. All rights reserved.



Kingsport Real Estate

The median home value in Kingsport, TN is $280,000. This is higher than the county median home value of $214,200. The national median home value is $338,100. The average price of homes sold in Kingsport, TN is $280,000. Approximately 54.92% of Kingsport homes are owned, compared to 34.52% rented, while 10.56% are vacant. Kingsport real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Kingsport real estate agent to arrange a tour today!

Kingsport, Tennessee has a population of 55,019. Kingsport is less family-centric than the surrounding county with 22.66% of the households containing married families with children. The county average for households married with children is 25.58%.

The median household income in Kingsport, Tennessee is $43,025. The median household income for the surrounding county is $49,661 compared to the national median of $69,021. The median age of people living in Kingsport is 45.2 years.

Kingsport Weather

The average high temperature in July is 86.6 degrees, with an average low temperature in January of 25.4 degrees. The average rainfall is approximately 43.9 inches per year, with 9.4 inches of snow per year.

Kingsport Real Estate Market Conditions

  • Median sales price

    $280,000
    24.2% change since last quarter
  • # Active listings

    402
    30-day change

Kingsport Schools and Demographics

Education near Kingsport, TN

Metric City County
High School Graduates 88.97 88.33
College Degree - 2 year 9.2 9.58
College Degree - 4 year 28.46 25.69
Graduate Degree 6.92 5.97
Expenditures per Student 10,662 10,662
Students per Teacher 14.8 14.8

Elementary Schools near Kingsport, TN

School Grades Students P/T Ratio ZIP
Indian Springs Elementary School KG - 05 389 14.5 37664
Jackson Elementary School KG - 05 519 14.9 37660
Jefferson Elementary School PK - 05 450 16.7 37664
John Adams Elementary PK - 05 372 14.9 37664
Johnson Elementary School PK - 05 531 16.1 37664
Kennedy Elementary School PK - 05 318 12.7 37660
Ketron Elementary School PK - 05 722 17.7 37660
Lincoln Elementary School PK - 05 460 15.1 37664
Miller Perry Elementary School PK - 05 380 16.7 37663
Rock Springs Elementary School PK - 05 454 15.4 37664
Roosevelt Elementary School PK - 05 269 12 37660
Sullivan Gardens K-8 PK - 08 510 17.9 37660
Washington Elementary School KG - 05 449 15.5 37660

Middle Schools near Kingsport, TN

School Grades Students P/T Ratio ZIP
Colonial Heights Middle School 06 - 08 402 15.5 37663
Cora COX Academy 06 - 12 46 6 37660
North Middle School 06 - 08 344 19.1 37660
Robinson Middle School 06 - 08 900 17.1 37664
Sevier Middle School 06 - 08 808 15.7 37660

High Schools near Kingsport, TN

School Grades Students P/T Ratio ZIP
Dobyns - Bennett High 09 - 12 2,090 15.7 37664
Sullivan North High School 09 - 12 533 11.3 37660
Sullivan South High School 09 - 12 904 16.7 37664

Demographics near Kingsport, TN

Metric City County
Neighborhood Type Suburban
Population 55,019 157,843
Population Density 1,050 382
Median Age 45.2 45.2
People per Household 2.2 2.3
Median Household Income 43,025 49,661
Average Income per Capita 31,678 31,300