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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
Added:
Feb 26, 2026
Days on Market:
56
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

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Listing Contact
Brian Truman
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


Overview

Kingsport Multifamily Investment Opportunity

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

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Kingsport
County
Sullivan
State
Tennessee
Longitude
-82.510414
Latitude
36.523241

FAQs

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.
More about this property
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