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Kingsport Multifamily Investment Opportunity

1433 Stratford Road, Kingsport, TN 37664

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For Sale

$1,250,000

11-unit, fully renovated multifamily property in Kingsport, Tennessee.

Type:Multifamily

HighLights

Fully renovated 11‑unit multifamily asset with approx. $250k+ in CapEx completed.
Immediate in‑place cash flow.
Turnkey operations with minimal near‑term CapEx.
Opportunity for future rent growth.
Located in a growing Kingsport market with limited multifamily inventory.
Water & trash billed back to tenants.

We can help!

Listing Contact

Brian Truman

Learn more

For Sale

$1,250,000

11-unit, fully renovated multifamily property in Kingsport, Tennessee.

Type:Multifamily

Added:: Feb 26, 2026
Days on Market:: 104
Last Refresh:: Feb 26 at 9:17 pm

Property Features for 1433 Stratford Road

General Information

Standard status: Active
Property subtype: Multifamily

Building Details

Year Built: 1971

We can help!

Listing Contact

Brian Truman

Listing agent Brian Truman

Listing office SVN | Accel Commercial Real Estate

Listing date Feb 26, 2026

Source Accelcre

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of SVN | Accel Commercial Real Estate

HighLights

Fully renovated 11‑unit multifamily asset with approx. $250k+ in CapEx completed.
Immediate in‑place cash flow.
Turnkey operations with minimal near‑term CapEx.
Opportunity for future rent growth.
Located in a growing Kingsport market with limited multifamily inventory.
Water & trash billed back to tenants.

Overview

Magnolia Ridge Apartments, located at 1433 Stratford Road in Kingsport, Tennessee, presents an 11-unit multifamily investment opportunity. The property has been fully renovated, with approximately $250,000+ in capital expenditures completed. The unit mix includes one 3-bedroom/2-bathroom unit, four 1-bedroom/1-bathroom units, and six 2-bedroom/1-bathroom units. The property features separately metered electrical systems. Water and trash services are billed back to tenants. The property offers turnkey operations with minimal near-term capital expenditure needs and the opportunity for future rent growth. It is located in a growing Kingsport market with limited multifamily inventory, offering immediate in-place cash flow with continued upside.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

City: Kingsport
County: Sullivan
State: Tennessee
Longitude: -82.510414
Latitude: 36.523241

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For sale
Apartment buildings
TN
Kingsport
37664
1433 Stratford Road

What type of property is this?

Apartment building - 11-unit, fully renovated multifamily property in Kingsport, Tennessee.

Where is this apartment building located?

The property is located at 1433 Stratford Road Kingsport, TN.

What is the asking price?

The asking price for this property is $1,250,000.

What are key features of this property?

This property features: Fully renovated 11‑unit multifamily asset with approx. $250k+ in CapEx completed.; Immediate in‑place cash flow.; Turnkey operations with minimal near‑term CapEx.

1433 Stratford Road, Kingsport, TN 37664

11-unit, fully renovated multifamily property in Kingsport, Tennessee.

Property Features for 1433 Stratford Road

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Flex Warehouse Property with Bay Doors

Industrial Garage Property with Two Buildings

New Construction Industrial Warehouse/Office Facility

Kingsport Warehouse on High-Traffic Corridor

High Visibility Kingsport Commercial Property

Kingsport Commercial Property For Sale

Commercial Office Property Zoned P1

Turn-Key Medical Office Opportunity

Kingsport Multifamily Investment Opportunity

Downtown Kingsport Commercial Space

Kingsport Multifamily Investment Opportunity

Kingsport Medical Office Space Available

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