Kingsport TN Multi Family for Sale
$1,700,000
3996 Memorial Boulevard Kingsport, TN 37664
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.38 Acres
- Year built:
- 1935
- Baths:
- MLS#:
- 9976342
View additional info
Courtesy: Century 21 Legacy
423-282-1885
ADDITIONAL INFORMATION
Welcome to an exciting investment opportunity in Kingsport, TN! We are presenting 33 value-add units, a unique blend of 16 two-bedroom units, 12 one-bedroom units, and 5 studio apartments.
- Type:
- Other
- Sq.Ft.:
- n/a
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.15 Acres
- Year built:
- 1940
- Baths:
- MLS#:
- 9975493
View additional info
Courtesy: Integrity Property Group
423-342-4604
ADDITIONAL INFORMATION
Duplex with each unit being 1 bedroom and 1 bath. Unit 2 has been fixed up and is currently renting for $750. Unit 1 is vacant and needs a lot of work.
$1,200,000
105 Lemay Drive Kingsport, TN 37664
- Type:
- Other
- Sq.Ft.:
- 5,673
- Status:
- Active
- Beds:
- n/a
- Lot size:
- 0.5 Acres
- Year built:
- 1977
- Baths:
- MLS#:
- 9973412
- Subdivision:
- E B Mays Add To Vermont
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Courtesy: Choice Realty
423-283-8560
ADDITIONAL INFORMATION
Welcome to this 12-unit apartment complex with all units being 1 bedroom, 1 bath. Ideally located in a thriving community with convenient access to local amenities, parks, and transportation. Just minutes from downtown Kingsport, Blountville, and Bristol, this property offers a prime location for residents. Most of all the units have been upgraded with modern finishes, including granite countertops in the kitchens and bathrooms, updated kitchen cabinets with ample storage and pantry space, and durable Luxury Vinyl Plank (LVP) flooring throughout. Additionally, the units feature fresh, new paint, giving each space a bright, inviting feel. New heating and cooling units, along with energy-efficient hot water heaters, ensure year-round comfort and cost-effective living. Recent exterior improvements include a new roof installed in November 2023, providing peace of mind and long-term protection from the elements. With a gross revenue of $8,500.00 and stable, long-term tenants, this property presents an excellent investment opportunity. Rents are still below market value, offering significant potential for future growth. This turn-key property, with most units upgraded and tenant stability in place, offers minimal maintenance and maximum profitability for investors seeking strong, consistent returns. Call me or your Agent for more information today.
- 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
View additional info
Courtesy: Summit Properties
423-830-1133
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
View additional info
Courtesy: Century 21 Legacy Col Hgts
423-239-6112
ADDITIONAL INFORMATION
Seize this rare opportunity to own a partially renovated mixed-use building in the heart of downtown Kingsport, located in a Tax Opportunity Zone—offering significant financial incentives for restoration and development! This property features three spacious residential lofts upstairs, a 2-bedroom, 1-bath unit downstairs, and a high-visibility ground-floor retail space—a perfect setup for maximizing rental income or creating a live-work space. Drywall is currently being installed, bringing this project one step closer to completion. With brand-new plumbing and electrical systems already in place, the heavy lifting is done—now it's your chance to bring your vision to life! The lofts boast high ceilings and oversized windows, creating bright, modern living spaces. The retail storefront enjoys excellent foot traffic and exposure, making it ideal for a business or leasing opportunity. Adding to the value, the building comes with in-box appliances and fixtures ready for installation, giving you the freedom to customize the interiors to your style and specifications. Situated in prime downtown Kingsport, this property is just steps from shops, restaurants, and cultural landmarks, making it an attractive option for tenants and business owners alike. As renovations progress, property values will only increase—act now to secure this high-potential investment before it's gone! Don't miss this chance to create a premier income-producing property—schedule your tour today!
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Kingsport Real Estate
The median home value in Kingsport, TN is $250,000. 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 $250,000. 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.