$1,595,000
Kingsport, TN 37660
MLS# 1335857
17766 sqft
1 / 23
Property Description
Presenting a 25-unit multifamily portfolio in Kingsport, Tennessee. The portfolio is currently 100% occupied and consists of six buildings with a unit mix of twenty 1 bed /1 bath units and five 3 bed / 1.5 bath units. Located approximately five minutes from downtown Kingsport, the property offers stable in-place income with value-add potential through future improvements and rent growth. This portfolio is located in Kingsport, TN which is anchored by major employers including Eastman Chemical Company and Ballad Health, providing a strong and stable employment base. The area offers convenient access to a range of retail, dining, and recreational amenities, along with proximity to the Tri-Cities region, supporting continued residential demand. Sale includes: 908 Chadwick Drive, 912 Chadwick Drive, 945 Chadwick Drive, 948 Chadwick Drive, 1000 Derwood Court, 1005 Tranbarger Drive
Details
Location, Tax & Legal Info
Area: Sullivan County
City/County Code: City Limits
Total Tax: 2584.78
Contract Info
Auction Y/N: No
Listing Price: 1595000
Current Price: $1,595,000
Status: Active
Listing Date: 2026-04-08
General Property Description
Lot Dimensions: n/a
# Units Leased: 25
Utilities/Mo Avg: 1125
Property Status: N/A
Driveway: Concrete
SqFt - Total (Aprox): 17766
Number of Units: 25
Year Built: 1973
Remarks & Misc
Directions: West Center Street to right on Lynn Garden. Turn left on Tranbarger, then turn right on Chadwick. Apartments are on the left.
Public Remarks: Presenting a 25-unit multifamily portfolio in Kingsport, Tennessee. The portfolio is currently 100% occupied and consists of six buildings with a unit mix of twenty 1 bed /1 bath units and five 3 bed / 1.5 bath units. Located approximately five minutes from downtown Kingsport, the property offers stable in-place income with value-add potential through future improvements and rent growth.
This portfolio is located in Kingsport, TN which is anchored by major employers including Eastman Chemical Company and Ballad Health, providing a strong and stable employment base. The area offers convenient access to a range of retail, dining, and recreational amenities, along with proximity to the Tri-Cities region, supporting continued residential demand.
Sale includes:
908 Chadwick Drive,
912 Chadwick Drive,
945 Chadwick Drive,
948 Chadwick Drive,
1000 Derwood Court,
1005 Tranbarger Drive
Property Sub-Type
Apartment: 1
Construction
Frame - Brick: 1
Type of Units
1 Bedroom Unit: 1
3 or more Bdrm Units: 1
Sale Includes
Building and Land: 1
Cooling
Window Unit(s): 1
Other: 1
Floors
Carpet: 1
Vinyl: 1
Garage/Parking
Off-Street Parking: 1
On Premise Parking: 1
Fuel
Other Fuel: 1
Heat
Baseboard: 1
Other: 1
Other Rooms
Other: 1
Roof
Other: 1
Exterior Features
Balcony: 1
Deck: 1
New Financing
Cash: 1
Conventional: 1
New Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 908
Street Name: Chadwick
St Suffix: Drive
State/Province: TN
Zip Code: 37660
PIN #: 029L C 044.00
Subdivision: Plaza Hts Sub Pt Blk B
Geo Lat: 36.568595
Geo Lon: -82.571203
Status Change Info
Status Change Date: 2026-04-08
Property Features
Property Sub-Type: Apartment
Type of Units: 1 Bedroom Unit; 3 or more Bdrm Units
Sale Includes: Building and Land
Floors: Carpet; Vinyl
Fuel: Other Fuel
Heat: Baseboard; Other
Cooling: Window Unit(s); Other
Construction: Frame - Brick
Roof: Other
Exterior Features: Balcony; Deck
Other Rooms: Other
New Financing: Cash; Conventional; New Loan
Showing: See Agent Instructns
IDX
Listing Office: PWA Properties
Office Phone: 865-233-6441
Last Updated: April - 08 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.