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4006 Memorial Boulevard, Kingsport, TN 37664

Kingsport
Local realty services provided by:CENTURY 21 Legacy
4006 Memorial Boulevard,Kingsport, TN 37664
$425,000
  • - Beds
  • - Baths
  • 4,045 sq. ft.
  • Multi-family
  • Active
Listed by:
Office: century 21 legacy fort henry
MLS#:9995031
Source:TNVA_MLS

Price summary

  • Price:$425,000
  • Price per sq. ft.:$105.07

About this home

This investment property--including two buildings and seven units--offers immediate rental income. At full capacity, this property provides an 8.7% cap rate and enough land to further develop and add more units for additional future income. With the TDOT road improvements on Hwy 126, the approximate boundary lines already show the new property borders which will change the traffic patterns for the better after the road modifications. Between an unfinished basement and a garage workshop, you'll also have plenty of storage space on site for anything needed for property management. Features to note include a 2yr old metal roof on Building 2, a 5yr old metal roof on Building 1, some plumbing and electrical updates, remodeling in process in 2 vacant units, and current tenants with good rental history. Whether you're already an investor or just stepping into the rental market, this property offers the unique position for established income with growth potential for more. Sale...

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Home facts

  • Year built:1947
  • Listing ID #:9995031
  • Added:52 day(s) ago
  • Updated:June 28, 2026 at 10:30 PM

Rooms and interior

  • Flooring:Hardwood, Laminate, Luxury Vinyl, Tile, Vinyl
  • Kitchen Description:Electric Range, Refrigerator
  • Basement Description:Block, Concrete, Exterior Entry
  • Living area:4,045 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Heat Pump, Window Unit(s)
  • Heating:Heat Pump, Space Heater

Structure and exterior

  • Year built:1947
  • Building area:4,045 sq. ft.
  • Lot area:1.28 Acres
  • Architectural Style:Ranch
  • Construction Materials:Brick, Concrete, Plaster, Vinyl Siding
  • Foundation Description:Block, Slab

Schools

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

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$425,000
  • Price per sq. ft.:$105.07

Features and amenities

  • Appliances:Electric Range, Refrigerator

Parking

  • Parking description:Attached, Gravel Driveway

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