Seven-Unit Multifamily
1223 Wateree Street Kingsport, TN 37660
New
1223 Wateree Street, Kingsport, TN, 37660
$825,000
For Sale
$825,000
MULTI_FAMILY - Other - Kingsport, TN
Lot Size0.26 Acres
Days on Market1
Property Features for 1223 Wateree Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R 1B
- Bedrooms
- 3
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 1, Bathroom 2, Bathroom 1, Bedroom 2
- Appliances
- Dishwasher, Electric Range, Refrigerator
- Standard status
- Active
- APN
- 046o E 04800 000
- Lot size
- 0.26 Acres
Taxes and HOA fees
- Tax Annual Amount
- 1805
Utilities
- Water source
- Public
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 7
- Flooring type
- Hardwood
- Building materials
- Brick
- Roof type
- Metal
- Architectural style
- Other
Listing Agency
Weichert Realtors Saxon Clark KPT
(423) 765-9118
555 E Main St, TN
Listed by
William Lokar · License #TN. 369044, VA 0225266068
(423) 612-4400
Added: Jul 17 Checked: Jul 17 at 11:06 pm
MLS# 9998329
Listing URL
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 seven-unit multifamily property offers a mix of five 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. Each unit is equipped with mini-split systems for heating and cooling and includes laundry hookups for resident convenience. Two units also include stackable units owned by the landlord.
Located at 1223 Wateree Street in Kingsport, Tennessee 37660, the property is zoned R 1B and sits on a 0.26-acre lot in Sullivan County.
The building has undergone significant upgrades, including a new roof, updated electrical systems, and modernized plumbing. The crawl space has been encapsulated to enhance structural integrity and energy efficiency. The property is currently fully occupied, and the provided financial summary lists total monthly rents of $7,090 with an 8.5% cap rate.
Located at 1223 Wateree Street in Kingsport, Tennessee 37660, the property is zoned R 1B and sits on a 0.26-acre lot in Sullivan County.
The building has undergone significant upgrades, including a new roof, updated electrical systems, and modernized plumbing. The crawl space has been encapsulated to enhance structural integrity and energy efficiency. The property is currently fully occupied, and the provided financial summary lists total monthly rents of $7,090 with an 8.5% cap rate.
Key Highlights
- 7‑unit multi‑family in Kingsport, TN: five 1BR/1BA units and two 2BR/1BA units
- All units currently occupied with total monthly rents of $7,090
- Each unit has mini‑split systems for heating and cooling, plus laundry hook‑ups
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - 7-unit multifamily with five 1-bedroom and two 2-bedroom units, all currently occupied and generating total monthly rents of $7,090.
Where is this apartment building located?
The property is located at 1223 Wateree Street Kingsport, TN.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: 7‑unit multi‑family in Kingsport, TN: five 1BR/1BA units and two 2BR/1BA units; All units currently occupied with total monthly rents of $7,090; Each unit has mini‑split systems for heating and cooling, plus laundry hook‑ups
