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$960,000

921 Chadwick Drive, Kingsport, TN 37660

ActiveNew today

Listing provided by: Kevin G. Tipton · PWA Properties

Source: East Tennessee REALTORS® MLS · MLS# 1350013

East Tennessee REALTORS IDXListing last updated

Beds
0
Baths
12,906
Sq Ft
1971
Year Built
Lot (ac)
Multi-Family
Type

About this home

This 16-unit multifamily portfolio is located across four buildings in Kingsport, Tennessee. The portfolio consists of twelve 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. Recent capital improvements include the replacement of two roofs along with select interior unit upgrades. There are currently six vacancies and those units are undergoing renovations. With opportunities for continued renovations and rent increases, this value-add portfolio presents investors with the opportunity to enhance the property's overall performance. Conveniently located with access to major employers, healthcare, retail, and regional transportation corridors, this portfolio presents an excellent opportunity to acquire a scalable multifamily investment with both in-place income and long-term appreciation potential. 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. Addresses Include: 921 Chadwick Drive, Kingsport, TN 37660, 929 Chadwick Drive, Kingsport, TN 37660, 933 Chadwick Drive, Kingsport, TN 37660, 941 Chadwick Drive, Kingsport, TN 37660

Facts & features

Interior
Bedrooms & bathrooms
  • Bathrooms: 0
Heating
  • Heating: Central, Natural Gas
Cooling
  • Cooling: Central Cooling
Appliances
  • Included: Dishwasher, Range, Refrigerator
Features
  • Flooring: Hardwood, Tile
Interior area
  • Total interior livable area: 12,906 sqft
Property
Parking
  • Parking features: Off-Street Parking, On Premise Parking
  • Attached garage: No
Lot
  • Dimensions: 70X235.59
Exterior
  • Exterior features: Balcony
  • Patio & porch: Patio
Details
  • Parcel number: 029L C 019.00
Construction
Type & style
  • Home type: Multi-Family
Materials
  • Materials: Brick
Condition
  • Year built: 1971
Utilities
Community & HOA
Community
  • Subdivision: Plaza Hts Sub
  • County: Sullivan County
  • MLS area: Sullivan County
  • Region: Kingsport
Financial & listing details
Financial
  • Price: $960,000
  • Price per square foot: $74/sqft
  • Annual tax: $13,080.53
  • Listing terms: New Loan, Cash, Conventional
Listing
  • Date on market: Jul 30, 2026
  • Days on market: 0
  • Status: Active
  • MLS #: 1350013

Location

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