Courtesy: KW Johnson City
423-433-6500
Prime opportunity for investors! This property offers two buildings with three rental units, providing multiple income streams from a single purchase. Perfect for seasoned investors or those looking to build their rental portfolio. With strong rental demand and versatile potential, this multi-family property is an excellent addition to your investment strategy. The desirable area is convenient for everyone, just minutes to restaurants, grocery stores, I-26, and much more! Schedule your showing today! Buyer/Buyer's Agent to verify all information.
Courtesy: Westbrook Legacy Realty
423-518-2060
Fantastic Investment Opportunity or Owner-Occupant Duplex in Kingsport! Welcome to this well-maintained duplex offering comfort, convenience, and potential in a GREAT Kingsport location! Each side features 2 spacious bedrooms and 1.5 baths, providing an ideal layout for tenants or multi-generational living. Whether you're looking to expand your rental portfolio or live in one unit while generating income from the other, this property fits the bill. Inside, you'll enjoy an efficient floor plan with generous living areas, ample natural light, and nice sized bedrooms. The garage is provides for 1-car parking per unit, and there is more parking outside. The basement also contains a common area laundry room as well as a storage room/sitting room. Outside, the property shines with not only a huge covered front porch for both units, but also a large backyard for outdoor enjoyment, pets, playing, or gardening. Two yard barns/workshops add extra value by offering excellent storage or hobby space. Located in a desirable area of Kingsport with easy access to Interstate 26, shopping, dining and schools - this duplex is a rare find with fantastic potential and appeal! Schedule your showing today.
Courtesy: Summit Properties
423-830-1133
Priced below appraised value!! This beautiful 5 bedroom home is looking for new owne!!! This home is perfect for a large or multigenerational family!! The main level has a large bedroom with its own private entrance. Complete with a sitting area, a full bathroom and laundry area. Perfect for the ones that don't want to go upstairs!! The doors are all 36'' to accommodate scooters , walkers, or wheelchairs if necessary. The downstairs has a massive kitchen and dining area perfect for large crowds. A large living room with a beautiful fireplace and gorgeous views of the mountains! Upstairs you will find 3 more additional bedrooms and an enormous Primary Suite. A second laundry area on this level too! There is a bonus area at the top of the stairs that's perfect for a play area or another TV/game room for the kiddos! Views for miles from this area!! There is an oversized 2 car garage on the main level. And another large garage and workshop area in the lower level. There is lots and lots of storage space in the lower level. Outside you will find amazing space and gorgeous views!! Lots of room to garden and play, and raise children, chickens, and goats!! You won't want to miss this sprawling 5.26 acres property! Call for your showing today!!
Courtesy: Property Executives Johnson City
423-952-0226
*40 UNIT- NEWER CONSTRUCTION, SINGLE FAMILY DETACHED RENTAL HOME COMMUNITY FOR SALE! * The Settlement at Frylee Court represents a rare opportunity to acquire a fully stabilized, newly constructed single-family rental (SFR) community in the heart of Kingsport, Tennessee. Completed between 2023 and 2024, this high-quality portfolio consists of 40 SINGLE FAMILY-DETACHED homes averaging 1,520 square feet across three distinct floorplans. Designed for modern living, each residence features energy-efficient construction, contemporary finishes, and thoughtfully designed open layouts. The homes were developed with long-term durability and minimal maintenance in mind, resulting in operational efficiency and predictable performance for ownership. Currently maintaining 97.5%-100% occupancy with average monthly rents of $2,221, the community is fully stabilized and performing exceptionally well within the local rental market. Each home is platted on its own lot, providing investors with the flexibility to hold the portfolio for long-term cash flow or pursue a phased exit strategy through individual home sales. Investment Highlights •New Construction (2023-2024): Modern, energy-efficient homes designed to minimize maintenance and maximize tenant satisfaction. •Stabilized Performance: Consistent occupancy near 100% and a proven rent roll delivering a $814, 802 NOI and 6.08% cap rate. •Attractive Rent Growth: Projected annual rent increases of 5%, driven by strong demand for quality rental housing in Kingsport. •Luxury Appeal: Upscale design features including stainless steel appliances, premium flooring, spacious kitchens, and open-concept living spaces. •Prime Location: Centrally located in Kingsport City Limits, offering convenient access to major employers, shopping, dining, and top-rated schools. •Diversified Floorplans: Three different home layouts catering to a range of lifestyles, from young professionals to families and retirees. •Flexible Exit Strategy: Homes are individually platted, allowing for individual sales or bulk disposition to maximize investment return. •Strong Market Fundamentals: Kingsport's steady population growth, affordability, and employment stability support long-term investor confidence. Situated in the rapidly growing Tri-Cities region of Northeast Tennessee, Kingsport has emerged as a strong-performing rental market, driven by steady population growth, economic expansion, and limited supply of new single-family homes. The area benefits from proximity to major regional employers in healthcare, manufacturing, education, and logistics, including Eastman Chemical, Ballad Health, and the Kingsport City School District. The community's central location ensures short commute times to major employment hubs, while the surrounding infrastructure and established neighborhood appeal makeS Frylee Court an ideal choice for stable, long-term tenancy. As one of the only single-family rental home communities in the Tri-Cities Region, Frylee Court is positioned to outperform in occupancy and rent growth while maintaining operational stability. With its flexible ownership structure, strategic location, and enduring demand for high-quality housing, this community stands out as a premier investment opportunity in East Tennessee.
Courtesy: SVN I Wood Properties
865-936-9999
Unpriced SVN Wood Properties is pleased to exclusively present the opportunity to acquire Bristol Square and Bridgewater Retreat, a 197-unit multifamily portfolio located in Bristol and Kingsport, Tennessee. Bristol Square, a 97-unit community built in 1970, has benefited from approximately $1.2 million in recent capital improvements. Renovations include upgraded interior hallways, new LED lighting, signage, enhanced security cameras, and refreshed laundry facilities. Nearly all units have received kitchen and bathroom updates, with new flooring and appliances in 85% of units. The property also features a comprehensive water conservation program, lowering utility expenses while enhancing sustainability. Bridgewater Retreat, a 100-unit community built in 1971, has received $750,000 in capital improvements under current ownership. Upgrades include a new playground and dog park, renovated office and interior hallways, new signage, upgraded mailboxes, and improved laundry facilities. Like Bristol Square, nearly all units have updated kitchens and bathrooms, along with flooring and appliances in 85% of units. The portfolio offers an attractive unit mix, with more than 75% of units comprised of two- and three-bedroom floor plans—a layout profile that continues to align with the strongest renter demand in the Tri-Cities region. Current occupancy is 95.43%, with average in-place rents of $1,049 with the average market rent of $1,212. Strategically positioned in the Tri-Cities region of Northeast Tennessee—home to nearly 600,000 residents—the portfolio benefits from a diverse and resilient economic base anchored by Ballad Health, Eastman Chemical Company, East Tennessee State University, KVAT Food Stores, and VA Mountain Home Healthcare, among others. The Tri-Cities region is also a hub for tourism and entertainment, anchored by Bristol Motor Speedway, the Tri-Cities Airport, and the newly opened Hard Rock Hotel & Casino Bristol. Located just across State Street from Bristol Square, the Hard Rock features 303 hotel rooms, 1,500+ slots, 75 table games, multiple dining venues, and a 2,000-seat entertainment space, creating a transformational catalyst for regional visitation and demand. This offering represents a rare opportunity to acquire a stabilized, cash-flowing multifamily portfolio in a region with expanding demand drivers, limited new supply, and durable long-term fundamentals. With nearly $2 million of recent capital improvements already completed and a unit mix geared toward family renters, Bristol Square and Bridgewater Retreat are ideally positioned to deliver immediate income with long-term upside for investors seeking scale in East Tennessee. Call for offers date is October 17th, 2025.
Courtesy: Holston Realty, Inc.
423-793-8109
Investor Special - 6 Rental Units on Woodland Ave! Unique opportunity featuring a total of 6 income-producing units across 3 parcels in Kingsport, TN. 1530 Woodland Ave: 4BR/2BA all-brick home, 1,765 sq ft with full unfinished basement, heat pump, gas logs, on 0.36-acre lot. Rented for $950/mo. 1531 Woodland Ave: Four 2BR/1.5BA townhouse-style units, approx. 1,050 sq ft each. Each unit has separate heat pump, electric, and originally separate water meters (currently on one shared water meter w/water included in rent). Three units updated with new flooring, paint, appliances, and baths. 0.4-acre lot offers room to build more. Rented for $925, $925, $925, and $400/mo. 1530 ½ Woodland Ave: 2BR/1BA 600 sq ft all-brick home with two-car garage and heat pump. Rented for $800/mo. Total rent: $4,850/month. Strong rental history and room to expand make this a solid investment in a convenient location!
Courtesy: KW Johnson City
423-433-6500
Unlock the potential of this income-producing apartment building in the heart of Kingsport! Featuring 8 total units, this property offers a versatile mix of floor plans to attract a variety of tenants: (2) spacious 3-bed/1-bath units (4) comfortable 2-bed/1-bath units, (2) efficient 1-bed/1-bath units All units are currently 100% occupied by long-term tenants, providing stable cash flow with significant upside potential through future rent increases. The property is in an excellent location directly across from Eastman Headquarters, ensuring strong demand and long-term security. That's not all—an additional 421 sq. ft. storage area provides extra income potential or utility space for tenants. Each apartment comes with its own individual power meter, while city water, sewer, and schools make management simple. Tenants will also appreciate the ample on-site parking, a rare and valuable convenience for multi-family living. Whether you're an experienced investor looking to expand your portfolio or just starting out in real estate investing, this property offers a solid opportunity with long-term rental demand. Schedule your showing today and see why 420 Wheatley Street is the smart move for your investment future!
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Kingsport is located in Tennessee. 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.
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.
