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Brick Duplex with Decks
For Sale
$199,900

2040 Sherwood Road, Kingsport, TN 37664

Multi Family, Kingsport, TN

Property SizeContact for details
Lot Size0.41 Acres
Days on Market94

Property Features for 2040 Sherwood Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R 1B
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4, Bathroom 1, Basement, Bedroom 3
Window features Storm Window(s)
Patio and Porch features Deck
Subdivision Forest Lawn
Elementary school Johnson
Middle school Robinson
High school Dobyns Bennett
Directions Ft. Henry drive heading East, turn right on Sherwood Drive. Property on left.
Standard status Active
APN 061l D 003.00
Lot size 0.41 Acres

Taxes and HOA fees

Tax Annual Amount 1003

Utilities

Sewer type Public Sewer
Water source Public

Building Details

Year built 1940
Floors in Building 1
Number of units 2
Flooring type Tile, Laminate
Building materials Brick
Roof type Shingle
Architectural style Other
Listing Agency: Blue Ridge Properties
Listed By: Alan Wilder · License #17723
Added: Jun 25 Changed: Sep 16 Last Checked: Sep 26 at 3:06PM
MLS# 9997369

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 duplex includes both units and is situated on a 0.41-acre lot. The property was built in 1940 and features brick construction, shingle roofing, laminate and tile flooring, and deck areas. The listed rooms include four bedrooms, two bathrooms, and a basement. Both units need work, providing a renovation-focused property profile rather than a move-in-ready offering.

Public water and public sewer serve the property. R 1B zoning applies, and the address is in Kingsport, Tennessee. The property is near shopping, restaurants, and schools. Lock boxes are installed at the front door of each unit.

Key Highlights

  • Both units of the duplex are included
  • 0.41‑acre lot in Kingsport, TN
  • Brick construction with shingle roof

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick HVAC Service Real Estate Agency Parking Lot & Garage Storage Facility (Bike/Boat/Book/etc) Store Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby

Demographics for 37664, TN

28,748
Population
13,914
Households
2.1
Avg Household Size
44
Median Age
34%
College-Educated
92%
High-School Grad
33.9 sq mi
ZIP Area
848
Density / Sq Mi
$61,164
Median Household Income
$37,047
Median Earnings
$817
Median Rent
$204,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential property with brick construction, decks, public utilities, and R 1B zoning.
Where is this duplex located?
The property is located at 2040 Sherwood Road Kingsport, TN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Both units of the duplex are included; 0.41‑acre lot in Kingsport, TN; Brick construction with shingle roof
More about this property
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