$1,545,000
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
- 85
- On market date
- August 21, 2026
- Stories
- N/A
- Garage spaces
- N/A
- Lot size
- N/A
Location
Get directions →Nearby schools
Within 10 miles · public school directory data (NCES)
- 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
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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 1 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.