6-Unit Multifamily Investment Opportunity in Kingsport
Investor special! This 6-unit multifamily property, built in 1972 and totaling approximately 5,096 sq ft, offers a solid income-producing opportunity with strong value-add potential. All six units feature an identical layout including a galley kitchen with rear deck access, main-level living area, and an upstairs floor plan with two spacious bedrooms and a full hallway bath.
The building features a brick exterior in good condition and an architectural shingle roof. HVAC systems and hot water heaters vary in age but are operational. Kitchen appliances also vary in age. Bathrooms are functional in all units except Unit 1, which requires a full renovation in the tub/shower and is currently non-operational. Flooring varies by unit (carpet and LVP) and is overall in good condition.
Current rents:
Unit 1: $0 (vacant/non-functional)
Unit 2: $300/month
Units 3-6: $600/month each
Total monthly income: $2,700
Annual income: $32,400
Property is in good overall condition and presents a strong opportunity for investors to increase value through updates and renovations. Ideal for buyers seeking a multifamily asset with upside potential and existing cash flow. Parcels 031H A 010.00 & 031H A 006.00 are both included. All units have separate electric and water meters. All Information is deemed reliable but should be verified by buyer or buyer's agent. Set up a showing through your agent or call Listing agent. Please no drive-byes. View with appointment only.
Pending
Price increase: $75K (2/23)
$500,000
2008 Bloomingdale Rd, Kingsport, TN 37660
12beds
2baths
5,100sqft
Est.:
Multi Family
Built in 1972
-- sqft lot
$-- Zestimate®
$98/sqft
$-- HOA
What's special
Architectural shingle roofFull hallway bathKitchen appliances
- 49 days |
- 16 |
- 0 |
Zillow last checked: 7 hours ago
Listing updated: February 23, 2026 at 07:04am
Listed by:
Dave Smith 423-833-1444,
A Team Real Estate Professionals 423-726-2260
Source: TVRMLS,MLS#: 9991166
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 2
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: See Remarks
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- See Remarks
- Flooring: See Remarks, Luxury Vinyl, Carpet
- Doors: Storm Door(s)
- Basement: Crawl Space
Interior area
- Total structure area: 5,100
- Total interior livable area: 5,100 sqft
Property
Parking
- Parking features: Asphalt
Features
- Levels: Two
- Stories: 2
- Patio & porch: Rear Porch
Lot
- Size: 0.27 Acres
- Dimensions: 75 x 150 IRR
- Topography: Level
Details
- Parcel number: 031h A 00600 000
- Zoning: R 1
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Block
- Roof: Shingle
Condition
- Average
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Water Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Kingsport
Financial & listing details
- Price per square foot: $98/sqft
- Date on market: 2/13/2026
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$1,701/mo
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Pending sale | $500,000+17.6%$98/sqft |
Source: TVRMLS #9991166 Report a problem | ||
| 2/13/2026 | Listed for sale | $425,000$83/sqft |
Source: TVRMLS #9991166 Report a problem | ||
Public tax history
Public tax history
Tax history is unavailable.BuyAbility℠ payment
Est. payment
$2,657/mo
Principal & interest
$2444
Property taxes
$213
More affordability tools
Climate risks
Neighborhood: Bloomingdale
Nearby schools
GreatSchools rating
- 3/10Ketron Elementary SchoolGrades: PK-5Distance: 1.9 mi
- 4/10Sullivan Heights Middle SchoolGrades: 6-8Distance: 5.9 mi
- 7/10West Ridge High SchoolGrades: 9-12Distance: 6.9 mi
Schools provided by the listing agent
- Elementary: Ketron
- Middle: Sullivan Heights Middle
- High: West Ridge
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Local experts in 37660
- Tennessee
- Sullivan County
- Kingsport
- 37660
- Bloomingdale
- 2008 Bloomingdale Rd