Kingsport, TN Residential Income Properties for Sale

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Updated: Feb 5

Downtown Kingsport Mixed-Use Opportunity

300 E Sullivan Street, Kingsport, TN 37660

$495,000

6,308 sqft 0.07 AC lot

Opportunity for investor or owner/occupant.
Located in Downtown Kingsport on the corner of Sullivan and Cherokee Streets.
Partially built out to house 4 loft apartments (two 1‑bedroom, two 2‑bedroom).
Approximately 1400 sq ft open area on the main level suitable for retail, cafe, or additional loft units.
Recent renovations include cleaned brick exterior, roof replacement, and new windows (2018‑2020).

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This listing looks promising.

Here's a quick look at some key insights for

300 E Sullivan Street, Kingsport, TN 37660

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$44K
Annual
Mortgage

$255K
Feb 2022
Last Sold

Feb 2022
$305K
Property Type

Retail Stores
Built 1920

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Updated: Jun 29

Historic Riverfront Apartment Building

2000 Netherland Inn Road, Kingsport, TN 37660

$1,149,000

10,034 sqft 0.60 AC lot

Historic brick apartment building originally constructed as Riverfront Hospital (city’s first hospital), built in 1937
10 residential units: eight 2‑bedroom apartments and two 1‑bedroom apartments
Approximately eight units extensively renovated; original plumbing replaced during renovations
New appliances in many units, with washers and dryers in select apartments
Public water and public sewer; roof is shingle; heated/cooled by heat pump systems

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Two-Building Multifamily Investment

4006 Memorial Boulevard, Kingsport, TN 37664

$425,000

4,045 sqft 1.28 AC lot

Seven-unit, two-building property with metal roofs and on-site storage, offered with both listed parcels in Kingsport.

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Mixed-Use Income Property with Storefronts

227 E Sullivan Street, Kingsport, TN 37660

$1,050,000

8,600 sqft 0.10 AC lot

Two commercial storefronts and four apartments offer diversified income in a B2 business corridor with strong visibility.

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Two-Building Multifamily Investment

4006 Memorial Boulevard, Unit 1, Kingsport, TN 37664

$425,000

4,045 sqft

Investment property with two buildings and seven units, featuring garage workshop and an unfinished basement for on-site storage.

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Kingsport Multifamily Investment Opportunity

4006 Memorial Boulevard, Kingsport, TN 37664

$425,000

4,045 sqft 1.28 AC lot

Seven-unit property with development potential and immediate rental income.

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Versatile Commercial Property in Kingsport

427 & 431 E Sullivan Street, Kingsport, TN 37660

$450,000

4,430 sqft 0.28 AC lot

Mixed-use property with income potential in downtown Kingsport.

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Downtown Mixed-Use Landmark

453 E Main Street, Kingsport, TN 37660

$4,600,000

23,000 sqft 0.41 AC lot

Mixed-use property on East Main Street featuring eight condominium units and approximately 6,000 square feet of street-level commercial space.

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Multi-Family Property Investment Opportunity

4033 Harbor Chapel Road, Unit 1, Kingsport, TN 37664

$630,000

27,442 sqft 0.55 AC lot

Multi-family property with remodeling, storage, parking, and expansion potential.

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Multi-Level Mixed-Use Building

3425 Bloomingdale Road, Kingsport, TN 37660

$129,900

5,180 sqft 0.72 AC lot

Versatile multi-level property with residential layout and flexible commercial space, located on a high-traffic corridor.

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Turn-Key Kingsport Condo Investment

308 East Sullivan Street, Unit PT12, Kingsport, TN 37660

$499,900

2,969 sqft

Three-unit condo in downtown Kingsport, fully furnished and remodeled.

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Remodeled Three-Unit Condo Investment

308 E Sullivan Street, Kingsport, TN 37660

$499,900

2,969 sqft 0.02 AC lot

Three remodeled units in a historic, furnished building offered for sale in Kingsport’s B-2 zoning district.

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Remodeled Two-Unit Craftsman Home

1246 E Center Street, Kingsport, TN 37660

$399,900

3,948 sqft 0.13 AC lot

Two residences on one lot featuring a remodeled main home plus a detached one-bedroom garage apartment with separate electric meter.

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Downtown Mixed-Use Live-Work Property

427 & 431 East Sullivan Street, Kingsport, TN 37660

$450,000

4,430 sqft

Two-parcel live-work property with studio apartment, flexible office/retail space, courtyard, and detached rear buildings.

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7-Unit Multifamily Property

1223 Wateree Street, Kingsport, TN 37660

$825,000

0.26 AC lot

Seven fully occupied units offer a mix of 1- and 2-bedroom layouts with mini-split heating and cooling plus laundry hookups.

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Mixed-Use Building with Retail & Apartments

105 Brookfield Drive, Kingsport, TN 37663

$429,900

4,544 sqft 0.35 AC lot

Fully leased six-unit property with three retail suites and three residential apartments, plus street-level parking.

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Historic Bank Building Adaptive Reuse

255 Broad St, Kingsport, TN 37660

Contact for pricing

26,100 sqft

Three-story historic landmark with cellar, rooftop deck, and intact bank vault in Kingsport’s B-2 Central Business District.

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Mixed-Use Building with Retail Suites

105 Brookfield Drive, Kingsport, TN 37663

$429,900

4,347 sqft 0.35 AC lot

Fully leased mixed-use property with three residential units and three commercial suites, zoned B-3.

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Brick Townhome Apartment Community

730 Sir Echo Dr, Kingsport, TN 37663

Contact for pricing

10,584 sqft

Ten two-bedroom townhomes with individual HVAC and covered entries, plus on-site coin laundry and tenant storage facilities.

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Kingsport Multifamily Investment Opportunity

2008 Bloomingdale Road, Kingsport, TN 37660

$500,000

5,100 sqft 0.27 AC lot

Six-unit multifamily property with value-add potential and existing cash flow.

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All-Brick Four-Unit Apartment Building

532 Tansey Ln, Kingsport, TN 37660

$300,000

2,117 sqft

Four-unit all-brick building offers three two-bedroom and one one-bedroom unit, each with an open living/dining layout.

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Individually Deeded Quadplex Portfolio

1425-1405 Stratford Road, Kingsport, TN 37664

$2,195,000

24,420 sqft 1.82 AC lot

Six individually deeded quadplexes totaling 24 units, with individually metered utilities and exterior renovations completed in 2019.

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Two-Building Multifamily Investment

4006 Memorial Boulevard, Kingsport, TN 37664

Contact for pricing

5,679 sqft

Two apartment buildings totaling seven units offer immediate rental income and on-site storage space.

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Four-Unit Brick Quadplex

532 Tansey Lane, Kingsport, TN 37660

$300,000

2,117 sqft 0.35 AC lot

All-brick fourplex with three two-bedroom and one one-bedroom units, each with an open living and dining layout.

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Kingsport, TN Residential Income Properties Market Trends and Statistics

Explore 57 residential income properties for sale in Kingsport, TN, showcased through 44 active listings on our real estate platform. These investment opportunities span a total of 290,292 square feet of properties for sale, with an estimated market value of $26,106,390.

Sale prices for residential income properties in Kingsport, TN start at $129,900, averaging $791,102, and reaching up to $4,600,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 88K

Population Growth (5Y) -0.8%

Median Household Income $56,200

College Educated 23.6%

High-Yield Neighborhoods for Investment

Identify Kingsport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
37665	$865K
37660	$875.3K
37663	$974.5K
37664	$2.2M

Listings Trend

New vs delisted commercial listings in Sullivan County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Sullivan County

Retail

Residential Income

Property Size Breakdown

The majority of commercial real estate listings in Kingsport fall within the 100,000+ square foot range.

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