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420 Wheatley Street, Kingsport, TN 37660

Local realty services provided by:CENTURY 21 Legacy
420 Wheatley Street,Kingsport, TN 37660
$800,000
  • - Beds
  • - Baths
  • 8,253 sq. ft.
  • Multi-family
  • Active
Listed by: alex cooley
Office: kw johnson city
MLS#:9985788
Source:TNVA_MLS

Price summary

  • Price:$800,000
  • Price per sq. ft.:$96.93

About this home

Unlock the potential of this income-producing apartment building in the heart of Kingsport! Featuring 8 total units, this property offers a versatile mix of floor plans to attract a variety of tenants: (2) spacious 3-bed/1-bath units (4) comfortable 2-bed/1-bath units, (2) efficient 1-bed/1-bath units All units are currently 100% occupied by long-term tenants, providing stable cash flow with significant upside potential through future rent increases. The property is in an excellent location directly across from Eastman Headquarters, ensuring strong demand and long-term security. That's not all—an additional 421 sq. ft. storage area provides extra income potential or utility space for tenants. Each apartment comes with its own individual power meter, while city water, sewer, and schools make management simple. Tenants will also appreciate the ample on-site parking, a rare and valuable convenience for multi-family living. Whether you're an experienced investor looking to

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Home facts

  • Year built:1971
  • Listing ID #:9985788
  • Added:137 day(s) ago
  • Updated:January 29, 2026 at 05:13 PM

Rooms and interior

  • Living area:8,253 sq. ft.

Heating and cooling

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

Structure and exterior

  • Year built:1971
  • Building area:8,253 sq. ft.
  • Lot area:0.57 Acres

Schools

  • High school:Dobyns Bennett
  • Middle school:Sevier
  • Elementary school:Lincoln

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$800,000
  • Price per sq. ft.:$96.93

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