7-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 Market4
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 1, Bathroom 2, Bathroom 1, Bedroom 3, 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 20 at 5:06 am
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 for-sale 7-unit multifamily property in Kingsport, TN includes five 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units. The units are fully occupied, and the property reports total monthly rents of $7,090. Each unit is equipped with a mini-split system for heating and cooling, and all units include laundry hookups. Two units also have stackable units that are owned by the landlord.
Recent upgrades include a new roof, updated electrical systems, and modernized plumbing, along with encapsulation of the crawl space to enhance structural integrity and energy efficiency. The property is zoned R 1B and sits on a 0.26-acre lot at 1223 Wateree Street. The listing notes a reported 8.3% cap rate.
Recent upgrades include a new roof, updated electrical systems, and modernized plumbing, along with encapsulation of the crawl space to enhance structural integrity and energy efficiency. The property is zoned R 1B and sits on a 0.26-acre lot at 1223 Wateree Street. The listing notes a reported 8.3% cap rate.
Key Highlights
- 7‑unit multi‑family in Kingsport, TN: five 1‑bed/1‑bath units and two 2‑bed/1‑bath units
- All units are fully occupied with total monthly rents of $7,090
- Each unit includes mini‑split 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 - Seven fully occupied units offer a mix of 1- and 2-bedroom layouts with mini-split heating and cooling plus laundry hookups.
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 1‑bed/1‑bath units and two 2‑bed/1‑bath units; All units are fully occupied with total monthly rents of $7,090; Each unit includes mini‑split heating and cooling plus laundry hook‑ups
