$425,000
Kingsport, TN 37660
MLS# 9991166
5100 sqft
1 / 22
Property Description
6-Unit Multifamily Investment Opportunity in Kingsport Investor special! This 6-unit multifamily property, built in 1972 and totaling approximately 5,096 sq ft, offers a solid income-producing opportunity with strong value-add potential. All six units feature an identical layout including a galley kitchen with rear deck access, main-level living area, and an upstairs floor plan with two spacious bedrooms and a full hallway bath. The building features a brick exterior in good condition and an architectural shingle roof. HVAC systems and hot water heaters vary in age but are operational. Kitchen appliances also vary in age. Bathrooms are functional in all units except Unit 1, which requires a full renovation in the tub/shower and is currently non-operational. Flooring varies by unit (carpet and LVP) and is overall in good condition. Current rents: Unit 1: $0 (vacant/non-functional) Unit 2: $300/month Units 3-6: $600/month each Total monthly income: $2,700 Annual income: $32,400 Property is in good overall condition and presents a strong opportunity for investors to increase value through updates and renovations. Ideal for buyers seeking a multifamily asset with upside potential and existing cash flow. All Information is deemed reliable but should be verified by buyer or buyer's agent. Set up a showing through your agent or call Listing agent. Please no drive-byes. View with appointment only.
Details
Maps
Location, Tax & Legal Info
Lot #: 4-6
Parcel ID: 031h A 00600 000
Deed Book #: 3603
Deed Page #: 677
City Taxes: 0
County Taxes: 2150.96
Contract Info
List Price/SqFt: 83.33
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 425000
Current Price: $425,000
Listing Date: 2026-02-13
General Property Description
Lot Dimensions: 75 x 150 IRR
Acres: 0.27
Zoning: R 1
# Buildings: 1
Elementary School: Ketron
# of Units: 6
Middle School: Sullivan Heights Middle
Total Units: 6
High School: West Ridge
Stories: 2
HOA Y/N: No
Property Sub-Type: Other
Year Built: 1972
Total SqFt: 5100
Remarks & Misc
Public Remarks: 6-Unit Multifamily Investment Opportunity in Kingsport
Investor special! This 6-unit multifamily property, built in 1972 and totaling approximately 5,096 sq ft, offers a solid income-producing opportunity with strong value-add potential. All six units feature an identical layout including a galley kitchen with rear deck access, main-level living area, and an upstairs floor plan with two spacious bedrooms and a full hallway bath.
The building features a brick exterior in good condition and an architectural shingle roof. HVAC systems and hot water heaters vary in age but are operational. Kitchen appliances also vary in age. Bathrooms are functional in all units except Unit 1, which requires a full renovation in the tub/shower and is currently non-operational. Flooring varies by unit (carpet and LVP) and is overall in good condition.
Current rents:
Unit 1: $0 (vacant/non-functional)
Unit 2: $300/month
Units 3-6: $600/month each
Total monthly income: $2,700
Annual income: $32,400
Property is in good overall condition and presents a strong opportunity for investors to increase value through updates and renovations. Ideal for buyers seeking a multifamily asset with upside potential and existing cash flow. All Information is deemed reliable but should be verified by buyer or buyer's agent. Set up a showing through your agent or call Listing agent. Please no drive-byes. View with appointment only.
Directions: From Bristol to Kingsport Turn onto US-11WS, Turn Right onto Ollis Bowers Hill Road, Turn Left onto Bloomingdale Road 5.7 miles, Arrive at 2008 Bloomingdale Road on Right.
Property Condition
Average: 1
Income and Expenses
Gross Annual Income: 33000
Exterior Finish
Brick: 1
Unit 1
# Units: 5
# Rooms: 4
# Bedrooms: 10
# Bathrooms: 1
# Half Baths: 0
SqFt: 4250
Monthly Rent: 2400
Unit 2
# Units: 1
# Rooms: 4
# Bedrooms: 2
# Bathrooms: 1
# Half Baths: 0
SqFt: 850
Monthly Rent: 300
Style
Traditional: 1
Roof
Shingle: 1
Levels
Two: 1
Door Features
Storm Door(s): 1
Interior Features
See Remarks: 1
Heating
Heat Pump: 1
AC
Heat Pump: 1
Utilities
Electricity Connected: 1
Water Connected: 1
Water
Public: 1
Sewer
Septic Tank: 1
Appliances
See Remarks: 1
Topography/Lot Description
Level: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Flooring
Carpet: 1
Luxury Vinyl: 1
See Remarks: 1
Easements
None: 1
Basement
Crawl Space: 1
Parking Features
Asphalt: 1
Porch/Patio/Deck
Rear Porch: 1
Walls
Drywall: 1
Foundation
Block: 1
Structure Type
Multi Family: 1
Expenses Include
Lawn Maint: 1
Property Management: 1
Repairs and Maint: 1
Taxes Real Estate: 1
Location Tax Legal Info
Street #: 2008
Street Name: Bloomingdale
St Suffix: Road
County: Sullivan
State/Province: TN
Zip Code: 37660
Property Features
Property Condition: Average
Style: Traditional
Levels: Two
Exterior Finish: Brick
Interior Features: See Remarks
Appliances: See Remarks
Flooring: Carpet; Luxury Vinyl; See Remarks
Roof: Shingle
Parking Features: Asphalt
Heating: Heat Pump
Laundry Features: Electric Dryer Hookup; Washer Hookup
Water: Public
Door Features: Storm Door(s)
Sewer: Septic Tank
Basement: Crawl Space
Foundation: Block
AC: Heat Pump
Utilities: Electricity Connected; Water Connected
Structure Type: Multi Family
Walls: Drywall
Easements: None
Expenses Include: Lawn Maint; Property Management; Repairs and Maint; Taxes Real Estate
Listing Office: A Team Real Estate Professionals
Last Updated: February - 13 - 2026
Information deemed reliable but not guaranteed.