722 724 Holston Street, Kingsport, TN 37660
- Added:
- Oct 12, 2025
- Days on Market:
- 259
- Last Refresh:
- Jun 27 at 1:06 pm
Property Features for 722 724 Holston Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bedroom 3, Bedroom 6, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 4, Basement
- Parking features
- Driveway
- Fireplace
- 1
- Basement
- Unfinished
- Standard status
- Pending
- APN
- 046h L 021.00
- Size
- 2,592 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1487
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
- Flooring type
- Carpet, Vinyl
- Building materials
- Brick
- Roof type
- Shingle
- Architectural style
- Other
Listing agent Kelly Johnson License #358306 (423) 765-8848
Listing office Fathom Realty 3401 Mallory Lane Suite 100, TN (888) 455-6040
Listing date Oct 12, 2025
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.
HighLights
- Duplex built in 1930 with brick construction and shingle roof
- Each side has 3 bedrooms and 1 bathroom, plus an unfinished basement for additional value
- Side 724 remodeled top to bottom; previously used as short‑term and mid‑term rental
- Side 722 freshly updated since last listed; previously used as a long‑term rental with tenant paying $900/month
- Utilities: public water and public sewer available
- Parking includes a driveway for each unit with room for several cars, plus extra street parking
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.5k | $11.40 |
| − Vacancy | −$1.9k | −$0.74 |
| EGI | $27.6k | $10.66 |
| − OpEx | −$8.3k | −$3.20 |
| NOI | $19.3k | $7.46 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Kingsport
- County
- Sullivan
- State
- Tennessee
- Longitude
- -82.559678
- Latitude
- 36.553299
