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3404-3585 Frylee Court, Kingsport, TN 37664

Local realty services provided by:CENTURY 21 Legacy
3404-3585 Frylee Court,Kingsport, TN 37664
$12,999,900
  • - Beds
  • - Baths
  • 4,454 sq. ft.
  • Multi-family
  • Active
Listed by: meghan masters
Office: property executives johnson city
MLS#:9987881
Source:TNVA_MLS

Price summary

  • Price:$12,999,900
  • Price per sq. ft.:$2,918.7

About this home

*40 UNIT- NEWER CONSTRUCTION, SINGLE FAMILY DETACHED RENTAL HOME COMMUNITY FOR SALE! * The Settlement at Frylee Court represents a rare opportunity to acquire a fully stabilized, newly constructed single-family rental (SFR) community in the heart of Kingsport, Tennessee. Completed between 2023 and 2024, this high-quality portfolio consists of 40 SINGLE FAMILY-DETACHED homes averaging 1,520 square feet across three distinct floorplans. Designed for modern living, each residence features energy-efficient construction, contemporary finishes, and thoughtfully designed open layouts. The homes were developed with long-term durability and minimal maintenance in mind, resulting in operational efficiency and predictable performance for ownership. Currently maintaining 97.5%-100% occupancy with average monthly rents of $2,221, the community is fully stabilized and performing exceptionally well within the local rental market. Each home is platted on its own lot, providing investors with the

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Home facts

  • Year built:2023
  • Listing ID #:9987881
  • Added:88 day(s) ago
  • Updated:January 29, 2026 at 05:13 PM

Rooms and interior

  • Living area:4,454 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Year built:2023
  • Building area:4,454 sq. ft.
  • Lot area:8.56 Acres

Schools

  • High school:Dobyns Bennett
  • Middle school:Robinson
  • Elementary school:Jefferson

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$12,999,900
  • Price per sq. ft.:$2,918.7

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