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Kingsport Multifamily Investment Opportunity
For Sale
$865,000

1530 Woodland Avenue, Kingsport, TN 37665

MULTI_FAMILY - Kingsport, TN

Property SizeContact for details
Lot Size0.36 Acres
Days on Market340

Property Features for 1530 Woodland Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1B
Elementary school Kennedy
Middle school Robinson
High school Dobyns Bennett
Directions From I81 exit 57B, head right on the ramp toward Kingsport. In 11 miles take the ramp on the right & follow signs for TN-36S. 0.2 miles turn right onto Lynn Garden Dr. In 0.7 miles turn right onto Woodland Ave.
Standard status Active
APN 029d D 027.00
Lot size 0.36 Acres

Taxes and HOA fees

Tax Annual Amount 750

Utilities

Heating system Heat Pump (Heating)
Cooling system Heat Pump
Water source Public

Building Details

Year built 1950
Building materials Brick
Listing Agency: Holston Realty, Inc.
Listed By: Shaunna Collins · License #0225254770, 365148
Added: Sep 19, 2025 Changed: May 14 Last Checked: Aug 24 at 4:06AM
MLS# 9986006

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This investment opportunity features six rental units across three parcels in Kingsport, Tennessee. The properties include 1530 Woodland Ave, a 1,765 sq ft all-brick home with 4 bedrooms and 2 bathrooms, a full unfinished basement, heat pump, and gas logs, situated on a 0.36-acre lot. This unit is currently rented. Additionally, there are four townhouse-style units at 1531 Woodland Ave, each with 2 bedrooms and 1.5 bathrooms and approximately 1,050 sq ft. Each unit has a separate heat pump and electric meter. Three of these units have been updated with new flooring, paint, appliances, and baths. The 0.4-acre lot offers room to build more. Finally, 1530 1/2 Woodland Ave features a 600 sq ft all-brick home with 2 bedrooms, 1 bathroom, a two-car garage, and a heat pump. The property has a strong rental history and room to expand.

Key Highlights

  • Six income‑producing rental units across three parcels.
  • Strong rental history with a total monthly rent of $4,850.
  • Opportunity to build more units on the 0.4‑acre lot at 1531 Woodland Ave.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Restaurant Hair Salon Spa & Massage Center Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

145
Businesses Nearby

Demographics for 37665, TN

5,204
Population
2,397
Households
2.2
Avg Household Size
41
Median Age
14%
College-Educated
86%
High-School Grad
3.0 sq mi
ZIP Area
1,735
Density / Sq Mi
$46,565
Median Household Income
$30,167
Median Earnings
$937
Median Rent
$110,300
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Six income-producing units across three parcels in Kingsport, Tennessee.
Where is this apartment building located?
The property is located at 1530 Woodland Avenue Kingsport, TN.
What is the asking price?
The asking price for this property is $865,000.
What are key features of this property?
This property features: Six income‑producing rental units across three parcels.; Strong rental history with a total monthly rent of $4,850.; Opportunity to build more units on the 0.4‑acre lot at 1531 Woodland Ave.
More about this property
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