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Brick Duplex with Decks
For Sale
$215,000

2040 Sherwood Road, Kingsport, TN 37664

MULTI_FAMILY - Other - Kingsport, TN

Property SizeContact for details
Lot Size0.41 Acres
Days on Market48

Property Features for 2040 Sherwood Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R 1B
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Basement, Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 4, Bedroom 1, Bedroom 3
Window features Storm Window(s)
Patio and Porch features Deck
Subdivision Forest Lawn
Elementary school Johnson
Middle school Robinson
High school Dobyns Bennett
Directions Ft. Henry drive heading East, turn right on Sherwood Drive. Property on left.
Standard status Active
APN 061l D 003.00
Lot size 0.41 Acres

Taxes and HOA fees

Tax Annual Amount 1003

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 2
Flooring type Tile, Laminate
Building materials Brick
Roof type Shingle
Architectural style Other
Listing Agency: Blue Ridge Properties
Listed By: Alan Wilder · License #17723
Added: Jun 25 Changed: Aug 11 Last Checked: Aug 11 at 10:06PM
MLS# 9997369

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 duplex at 2040 Sherwood Road in Kingsport is being sold as both units. The property does need work, but it offers a straightforward two-unit residential setup with a basement and multiple bedrooms and bathrooms across the layout. Interior finishes include laminate and tile flooring, and each unit has a lock box on the front door for access.

The duplex sits on a 0.41-acre lot and is built with brick construction and a shingle roof. Outdoor space includes a deck, and the home is served by public water and public sewer.

Built in 1940, the property is zoned R 1B and is designed for duplex use. Rooms include bedrooms and bathrooms in addition to a basement, providing the basic residential configuration for a two-unit hold or repositioning after repairs.

Key Highlights

  • Both units of the duplex are included in the sale
  • 0.41‑acre lot
  • R 1B zoning

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Daycare Center

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

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

669
Businesses Nearby

Demographics for 37664, TN

28,748
Population
13,914
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
92%
High-School Grad
33.9 sq mi
ZIP Area
848
Density / Sq Mi
$61,164
Median Household Income
$37,047
Median Earnings
$817
Median Rent
$204,900
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Brick duplex in R1B zoning with public water and public sewer, built in 1940.
Where is this duplex located?
The property is located at 2040 Sherwood Road Kingsport, TN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Both units of the duplex are included in the sale; 0.41‑acre lot; R 1B zoning
More about this property
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