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    Remodeled Three-Unit Condo Investment
    Updated: May 18
    Remodeled Three-Unit Condo Investment

    308 E Sullivan Street, Kingsport, TN 37660

    $499,900
    2,969 sqft 0.02 AC lot
    Completely remodeled three‑unit condo investment with brand‑new roof
    Sold furnished with appliances remaining for immediate occupancy use
    B‑2 zoning with public water and public sewer
    1920 tall historic building constructed with brick and stone
    Central heating and central air conditioning
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    This listing looks promising.

    Here's a quick look at some key insights for

    308 E Sullivan Street, Kingsport, TN 37660

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    • Est. Cap Rate

      4.4%
      NOI ÷ price

    • Est. NOI

      $22K
      Annual

    • Mortgage

      $650K
      Jan 2026

    • Last Sold

      Mar 2023
      $50K

    • Property Type

      Commercial Office (General)
      Built 1920
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Kingsport, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Triplex with Front and Rear Mountain Views
    Triplex with Front and Rear Mountain Views

    2482 Elk Way, Newport, TN 37821

    $379,999
    3,561 sqft 0.78 AC lot

    Turnkey triplex with three leased 1-bedroom units, a brand-new roof, and new HVAC systems.

    View details
    Triplex with Mountain Views
    Triplex with Mountain Views

    2482 Elk Way, Newport, TN 37821

    $379,999
    3,561 sqft 0.78 AC lot

    Ranch-style triplex with three 1-bedroom, 1.5-bath units, porch, and newly updated roof and HVAC systems.

    View details
    Triplex with Decks and Expansion Space
    Triplex with Decks and Expansion Space

    2412,14,16 Bradley Street, Bristol, VA 24201

    $425,000
    2,817 sqft 0.56 AC lot

    Triplex on 0.56 acres with three leased residences, decks, and partially updated space for an additional studio.

    View details
    Brick Triplex with Detached Three-Car Garage
    Brick Triplex with Detached Three-Car Garage

    503 Georgia Avenue, Bristol, TN 37620

    $350,000
    0.32 AC lot

    Brick two-story triplex built in 1947 with window AC units and a detached three-car garage.

    View details

    Kingsport, TN Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Kingsport, TN on our real estate platform. These investment opportunities span a total of 2,969 square feet of properties for sale, with an estimated market value of $499,900.

    Sale prices for three-family homes in Kingsport, TN average $499,900 — 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

    Apartment buildings 18
    Duplexes 5
    Quadplexes 4
    Short term rental properties 4
    Triplexes 1

    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
    37660 $499.9K

    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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