Duplex with Vinyl
For Sale
$229,900
253 Harr Town Road, Blountville, TN 37617
MULTI_FAMILY - Other - Blountville, TN
Property Size3,024 SF
Lot Size0.18 Acres
Price / SF$76.03
Days on Market50
Property Features for 253 Harr Town Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
B 1 / R 1
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 1, Bedroom 4, Dining Room, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 3
Parking features
Carport
Window features
Double Pane Windows
Patio and Porch features
Deck
Interior features
Granite Counters, Kitchen Island, Kitchen/Dining Combo, Open Floorplan, Remodeled
Exterior features
Balcony
Appliances
Dishwasher, Electric Range, Microwave, Refrigerator
Elementary school
Indian Springs
Middle school
Sullivan Central Middle
High school
West Ridge
Directions
From Kingsport take Memorial Blvd to left on Harr Town Rd. Duplex on the corner of Harr Town and Island Rd. OR take I81 to exit 66 towards Kingsport then right on Harr Town. GPS friendly.
Standard status
Active
APN
049 00200 000
Size
3,024 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
1421
Utilities
Sewer type
Septic Tank
Heating system
Baseboard, Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air, Heat Pump
Water source
Public
Building Details
Year built
1943
Floors in Building
2
Number of units
2
Flooring type
Laminate, Vinyl, Carpet, Parquet Wood
Building materials
Vinyl Siding
Roof type
Composition, Shingle
Architectural style
Other
Listing Agency:
North East Tennessee Real Estate, LLC
(423) 282-1050
Listed By:
Richard Banks · License #255057
(423) 282-1050
Added: Jun 12
Changed: Jul 28
Last Checked: Jul 31 at 9:06PM
MLS# 9996816
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 is being offered as a fully occupied two-unit residential income property. The exterior is finished with vinyl siding, and the interior features luxury vinyl flooring, both designed to keep upkeep straightforward. The current setup is supported by long-term tenants.
Located at 253 Harr Town Road in Blountville, Tennessee, the property is described as being just outside Kingsport and close to Interstate 81, which can make it convenient for residents and prospective tenant traffic patterns. The property is zoned B 1 / R 1.
For buyers seeking a residential duplex with existing occupancy, this offering provides the benefit of in-place tenants who are reported to be long term and interested in staying. The maintenance-focused finishes can also appeal to investors and owner-operators looking to reduce day-to-day upkeep demands while holding a multi-family asset in a residential-income friendly zoning environment. For details on current rents and lease terms, prospective buyers should request information through a private showing.
Located at 253 Harr Town Road in Blountville, Tennessee, the property is described as being just outside Kingsport and close to Interstate 81, which can make it convenient for residents and prospective tenant traffic patterns. The property is zoned B 1 / R 1.
For buyers seeking a residential duplex with existing occupancy, this offering provides the benefit of in-place tenants who are reported to be long term and interested in staying. The maintenance-focused finishes can also appeal to investors and owner-operators looking to reduce day-to-day upkeep demands while holding a multi-family asset in a residential-income friendly zoning environment. For details on current rents and lease terms, prospective buyers should request information through a private showing.
Key Highlights
- Fully occupied duplex with long‑term tenants and good rental history
- Year built 1943; exterior features vinyl siding and roof with shingle/composition materials
- Remodeled interior with granite counters and a kitchen island, plus open floorplan with kitchen/dining combo
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.6k | $13.44 |
| − Vacancy | −$2.2k | −$0.74 |
| EGI | $38.4k | $12.70 |
| − OpEx | −$17.3k | −$5.72 |
| NOI | $21.1k | $6.99 |
3,024 SF · lease $13.44/SF/yr · vacancy 5.50% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$322.3K
$282.0K – $376.1K
NOI $22,563 @ 7.0% cap · market cap 9.81%
Second Best
Apartment 5plus
$301.8K
$264.1K – $352.1K
NOI $21,124 @ 7.0% cap · market cap 9.19%
Theoretical Best
Office A
$1.13M
$990.9K – $1.32M
NOI $79,270 @ 7.0% cap · market cap 34.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 37617, TN
14,422
Population
6,188
Households
2.3
Avg Household Size
47
Median Age
25%
College-Educated
87%
High-School Grad
58.4 sq mi
ZIP Area
247
Density / Sq Mi
$65,069
Median Household Income
$36,906
Median Earnings
$841
Median Rent
$225,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Maintenance-friendly vinyl exterior and interior flooring support an occupied duplex suited for a residential income purchase.
Where is this duplex located?
The property is located at 253 Harr Town Road Blountville, TN.
What is the asking price?
The asking price for this property is $229,900.
What are key features of this property?
This property features: Fully occupied duplex with long‑term tenants and good rental history; Year built 1943; exterior features vinyl siding and roof with shingle/composition materials; Remodeled interior with granite counters and a kitchen island, plus open floorplan with kitchen/dining combo