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 expand your portfolio or just starting out in real estate investing, this property offers a solid opportunity with long-term rental demand.
Schedule your showing today and see why 420 Wheatley Street is the smart move for your investment future!
Contact an agent
Home facts
- Year built:1971
- Listing ID #:9985788
- Added:165 day(s) ago
- Updated:February 27, 2026 at 04:04 PM
Rooms and interior
- Flooring:Carpet, Laminate, Tile
- Kitchen Description:Electric Range, Microwave, Refrigerator
- 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
- Construction Materials:Brick
- Foundation Description:Block
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
Features and amenities
- Appliances:Electric Range, Microwave, Refrigerator
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