$1,495,000
About this home
Presenting a 25-unit multifamily portfolio in Kingsport, Tennessee. The portfolio is currently 100% occupied and consists of six buildings with a unit mix of twenty 1 bed /1 bath units and five 3 bed / 1.5 bath units. Located approximately five minutes from downtown Kingsport, the property offers stable in-place income with value-add potential through future improvements and rent growth. This portfolio is located in Kingsport, TN which is anchored by major employers including Eastman Chemical Company and Ballad Health, providing a strong and stable employment base. The area offers convenient access to a range of retail, dining, and recreational amenities, along with proximity to the Tri-Cities region, supporting continued residential demand. Sale includes: 908 Chadwick Drive, 912 Chadwick Drive, 945 Chadwick Drive, 948 Chadwick Drive, 1000 Derwood Court, 1005 Tranbarger Drive
Property details
- MLS #
- 1335857
- Property type
- Residential Income
- Subdivision
- Plaza Hts Sub Pt Blk B
- Status
- Active
- Days on market
- 119
- On market date
- August 21, 2026
- Stories
- N/A
- Total bathrooms
- N/A
- Garage spaces
- N/A
- Parking spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card (e.g. NC Dept. of Public Instruction, SC Report Card).
- Enrollment
- 266
- Student:teacher ratio
- 14.0:1
- District
- Kingsport
- Enrollment
- 755
- Student:teacher ratio
- 13.7:1
- District
- Kingsport
- Enrollment
- 2,414
- Student:teacher ratio
- 15.9:1
- District
- Kingsport
Walkability
Blended score for Kingsport's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 9 days ago.
Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.