2-Unit Duplex with
For Sale
$274,900
629 Branch Street, Kingsport, TN 37660
Multi Family, Kingsport, TN
Property Size2,112 SF
Lot Size0.30 Acres
Price / SF$130.16
Days on Market48
Property Features for 629 Branch Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Zoning
R 4
Bedrooms
5
Bathrooms
4
Full bathrooms
3
Half bathrooms
1
Rooms
Bedroom 1, Bedroom 3, Bathroom 1, Bathroom 4, Bedroom 4, Bedroom 5, Bathroom 2, Bathroom 3, Basement, Bedroom 2
Parking features
Driveway
Patio and Porch features
Patio
Basement
Crawl Space
Appliances
Electric Range, Microwave, Refrigerator
Subdivision
City Of Kingsport
Elementary school
Jackson
Middle school
Sevier
High school
Dobyns Bennett
Directions
From Downtown Kingsport, follow W Center St. to Right on Roller st. Follow Roller St. to left on Branch St. Property is on the left.
Standard status
Active
APN
046h H 008.00
Size
2,112 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Annual Amount
778
Utilities
Sewer type
Public Sewer
Heating system
Heat Pump (Heating), Natural Gas, Central
Cooling system
Wall Unit(s), Central Air
Water source
Public
Building Details
Year built
1920
Floors in Building
2
Number of units
2
Flooring type
Hardwood, Carpet, Laminate
Building materials
Vinyl Siding
Roof type
Shingle, Asphalt
Architectural style
Other
Listing Agency:
Greater Impact Realty Jonesborough
Listed By:
Matt Fleenor · License #338884
(423) 973-8634
Added: Sep 11
Changed: Oct 2
Last Checked: Oct 28 at 9:06PM
MLS# 10000786
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.
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Investment Insights
Based on property information with market context.
This 2,112-square-foot duplex on a 0.3-acre lot contains a four-bedroom, 2.5-bath main residence and a separate studio apartment with a full bath. Each unit has private laundry. The property was built in 1920 and is being sold as-is. Interior and exterior features include hardwood, carpet and laminate flooring, vinyl siding, a patio, and driveway parking. Public water and sewer serve the property, and zoning is R 4.
The property is near Downtown Kingsport, Eastman, shopping, dining, and major roadways. Heating includes a heat pump and natural gas; cooling is provided by central air and wall units.
The property is near Downtown Kingsport, Eastman, shopping, dining, and major roadways. Heating includes a heat pump and natural gas; cooling is provided by central air and wall units.
Key Highlights
- Two residential units: a four‑bedroom, 2.5‑bath main home and a studio with a full bath
- 2,112 square feet on a 0.3‑acre lot
- Private laundry in each unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,758
Cap Rate
5.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,160
$315.2K
Cap Rate 7%
$225,114
$225.1K
Cap Rate 9%
$175,089
$175.1K
Market Conditions
NOI Build-Up for 2,112 SF
Gross rent
$24.1K $11.40/SF
− Vacancy
−$1.6K −$0.74/SF
EGI
$22.5K $10.66/SF
− OpEx
−$6.8K −$3.20/SF
NOI
$15.8K $7.46/SF
Area
Sullivan County, TN
Vacancy
6.50%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,160
Cap Rate 7%
$225,114
Cap Rate 9%
$175,089
Alternative Uses
Best Use
Multifamily LT 5
$225.1K
$197.0K – $262.6K
NOI $15,758 @ 7.0% cap · market cap 5.73%
Second Best
Apartment 5plus
$210.8K
$184.4K – $245.9K
NOI $14,753 @ 7.0% cap · market cap 5.37%
Theoretical Best
Office A
$790.9K
$692.0K – $922.7K
NOI $55,363 @ 7.0% cap · market cap 20.14%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,155
Businesses Nearby
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Business Placement
Demographics for 37660, TN
39,479
Population
20,405
Households
1.9
Avg Household Size
45
Median Age
24%
College-Educated
88%
High-School Grad
65.7 sq mi
ZIP Area
601
Density / Sq Mi
$46,913
Median Household Income
$34,164
Median Earnings
$833
Median Rent
$177,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate living spaces, each with private laundry, offer distinct residential configurations.
Where is this duplex located?
The property is located at 629 Branch Street Kingsport, TN.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two residential units: a four‑bedroom, 2.5‑bath main home and a studio with a full bath; 2,112 square feet on a 0.3‑acre lot; Private laundry in each unit
