Kingsport Multifamily Detached Rental
3404-3585 Frylee Court Kingsport, TN 37664
3404-3585 Frylee Court, Kingsport, TN, 37664
$11,999,900
Pending
For Sale
$11,999,900
Pending
MULTI_FAMILY - Ranch - Kingsport, TN
Property Size4,454 SF
Lot Size8.56 Acres
Days on Market256
Property Features for 3404-3585 Frylee Court
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- Residential
- Bedrooms
- 9
- Bathrooms
- 7
- Rooms
- Dining Room, Bedroom 4, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 6, Bedroom 5, Bedroom 1, Bathroom 5, Bedroom 8, Bathroom 4, Bathroom 2, Bedroom 9, Bathroom 7, Bathroom 6, Bedroom 7, Bedroom 3
- Parking features
- Open, Driveway
- Patio and Porch features
- Porch, Patio
- Interior features
- Entrance Foyer, Granite Counters, Kitchen/Dining Combo, Open Floorplan, Pantry, Walk-In Closet(s)
- Appliances
- Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
- Standard status
- Pending
- APN
- 062g A 001.00
- Size
- 4,454 SF
- Lot size
- 8.56 Acres
Taxes and HOA fees
- Tax Annual Amount
- 52828
Utilities
- Sewer type
- Public Sewer
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Number of units
- 40
- Flooring type
- Vinyl
- Building materials
- Brick, Vinyl Siding
- Roof type
- Shingle
- Architectural style
- Ranch
Listing Agency
Property Executives Johnson City
(423) 952-0226
2694 Boones Creek Road Suite #4, TN
Listed by
Meghan Masters · License #350908
(423) 202-5208
Added: Nov 3, 2025 Checked: Jul 17 at 4:06 pm
MLS# 9987881
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.
The Settlement at Frylee Court is a newly constructed single-family rental community located in Kingsport, Tennessee. Completed between 2023 and 2024, this portfolio consists of 40 single-family detached homes averaging 1,520 square feet. The homes feature energy-efficient construction, contemporary finishes, and open layouts. Designed for long-term durability and minimal maintenance, the community maintains high occupancy with average monthly rents of $2,221. Each home is platted on its own lot, providing flexibility for long-term cash flow or individual home sales. Upscale design features include stainless steel appliances, premium flooring, and spacious kitchens. The community is centrally located in Kingsport, offering convenient access to major employers, shopping, dining, and schools. Three different home layouts cater to a range of lifestyles. Situated in the rapidly growing Tri-Cities region of Northeast Tennessee, Kingsport has emerged as a strong-performing rental market. The area benefits from proximity to major regional employers in healthcare, manufacturing, education, and logistics, including Eastman Chemical, Ballad Health, and the Kingsport City School District. The community's central location ensures short commute times to major employment hubs, while the surrounding infrastructure and established neighborhood appeal make it an ideal choice for stable, long-term tenancy. The property is located on 8.56 acres.
Key Highlights
- New Construction: Modern, energy‑efficient detached single‑family homes designed for minimal maintenance.
- Stabilized Performance: Consistent high occupancy and strong NOI.
- Flexible Exit Strategy: Homes are individually platted, allowing for individual sales or bulk disposition.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Similar For Sale Nearby
FAQs
What type of property is this?
Single family property - New construction, 40-unit single-family rental community in Kingsport, Tennessee.
Where is this single family property located?
The property is located at 3404-3585 Frylee Court Kingsport, TN.
What is the asking price?
The asking price for this property is $11,999,900.
What are key features of this property?
This property features: New Construction: Modern, energy‑efficient detached single‑family homes designed for minimal maintenance.; Stabilized Performance: Consistent high occupancy and strong NOI.; Flexible Exit Strategy: Homes are individually platted, allowing for individual sales or bulk disposition.
