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    Sullivan County, TN Quadplexes for Sale

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    Four-Plex Rental Property
    Updated: Apr 2
    Four-Plex Rental Property

    620 Cherry Street, Bristol, TN 37620

    $379,999
    1,502 sqft 0.22 AC lot
    0.22‑acre quadplex lot with four one‑bed, one‑bath units
    1,502 SF quadplex building constructed in 1910
    Zoned B 1A with public water and public sewer
    Hardwood floors throughout; vinyl in bathrooms and kitchens
    Laundry room with washer and dryer plus parking behind the four‑plex
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    This listing looks promising.

    Here's a quick look at some key insights for

    620 Cherry Street, Bristol, TN 37620

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    • Est. Cap Rate

      3%
      NOI ÷ price

    • Est. NOI

      $11K
      Annual

    • Price @ 7% Cap

      $160K
      Suggested

    • Property Type

      Single Family Residential
      Built 1900
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    Individually Deeded Quadplex Portfolio
    Updated: Jan 30
    Individually Deeded Quadplex Portfolio

    1425-1405 Stratford Road, Kingsport, TN 37664

    $2,195,000
    24,420 sqft 1.82 AC lot
    Immediate Value‑Add Opportunity: Seven vacant units provide immediate upside by leasing at market rates (pro forma rents $900-$950), significantly increasing NOI.
    Strong Cash Flow with Upside: Property currently generates a strong return with potential to achieve $180,000-$190,000 annual NOI through lease‑up and market‑rate renewals.
    Flexible Investment: Individually deeded quadplexes allow for selling individual buildings to offset capital or exploring alternative strategies like short‑term rentals.
    Extensive Exterior Renovations: New roof, windows, and siding in 2019, plus select interior upgrades, minimize maintenance and enhance tenant appeal.
    Prime Location: Strategically positioned in Kingsport with direct access to major regional corridors (I‑81, I‑26) and close to major employers like Eastman Chemical and Domtar.
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    Four-Plex Rental Property
    Four-Plex Rental Property

    620 Cherry Street, Bristol, TN 37620

    Contact for pricing
    1,502 sqft

    Four one-bedroom, one-bath units offer hardwood flooring, vinyl in kitchens and bathrooms, and on-site laundry.

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    Kingsport Multifamily Investment Opportunity
    Kingsport Multifamily Investment Opportunity

    1405 Stratford Rd, Kingsport, TN 37664

    Contact for pricing
    24,420 sqft

    24-unit multifamily property with value-add potential in Kingsport, Tennessee.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Mixed-Use Building with Loft Units
    Mixed-Use Building with Loft Units

    300 E Sullivan Street, Kingsport, TN 37660

    Contact for pricing
    6,308 sqft

    Two-story downtown building offers partially built-out loft apartments plus an open main-level area suitable for retail or additional units.

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    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 5 Active listings in Sullivan County, TN, we suggest exploring several alternatives:

    Sullivan County, TN Quadplexes Market Trends and Statistics

    Explore 5 quadplexes for sale in Sullivan County, TN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 58,152 square feet of properties for sale, with an estimated market value of $2,574,999.

    Sale prices for four-unit buildings in Sullivan County, TN start at $379,999, averaging $1,287,499, and reaching up to $2,195,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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