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105 Brookfield Drive

Kingsport, TN 37663
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Bed --

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Bath 0

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Acres0.35

Acre(Lot)

Income-producing opportunities with six occupied units are becoming increasingly difficult to find, and 105 Brookfield Drive offers investors a unique opportunity to acquire a fully leased mixed-use property with the stability of residential income and the added diversification of commercial tenants. The property features three one-bedroom residential apartments on the lower level and three fully occupied commercial suites on the upper level, creating six separate income streams that generate immediate cash flow from day one. The commercial component consists of approximately 1,850 square feet divided into three suites of approximately 400, 600, and 850 square feet. The property currently produces approximately $47,940 in gross scheduled annual rental income, making it an attractive opport unity for investors seeking a stabilized, income-producing asset rather than a lease-up project. Significant capital improvements include replacement windows, siding, and roof approximately five years ago, along with two water heaters that are approximately six years old. The commercial suites have also been updated with new flooring, fresh paint, renovated bathrooms, and electrical upgrades, helping attract and retain quality tenants while reducing the likelihood of near-term capital expenditures. The property is currently operated with gross leases due to the existing plumbing configuration, as the water heaters serving Units 4 and 6 also supply neighboring units. A future owner may wish to explore the feasibility of separating these systems and installing individual water heaters to provide additional flexibility for utility reimbursement and long-term operating efficiency. An additional utility, management, and storage area located separately from the tenant spaces provides convenient access for building operations and maintenance. Convenient parking is available at the rear of the building for residential tenants, while dedicated street-level parking provides easy access for commercial customers and clients. Zoned B-3, the property is situated in an established Kingsport location with convenient access to major roadways, surrounding businesses, and residential neighborhoods. For investors seeking to diversify beyond traditional apartment buildings, this property presents an attractive alternative by combining the dependable demand for residential housing with the income potential of neighborhood commercial space. Whether you're adding to an existing multifamily portfolio, completing a 1031 exchange, or looking for a property that provides multiple income streams under one roof, 105 Brookfield Drive offers a stabilized investment with long-term ownership potential. Financial information is available upon request. All information is deemed reliable but not guaranteed. Buyer and buyer's agent to verify all information.

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Detail Ic Property Details

Property Type : Residential Income

Price : $429,900

AD Id : 88092540

MLS Id : 9998181

Lot Size : 0.35 Acre

Year Built : 1970

County : Sullivan

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Feature Features

  • Roofing Information

    Shingle
  • Interior Features

    Roof: Shingle
  • Heating & Cooling

    Has Heating: Yes Heating: See Remarks Has Cooling: Yes Cooling: Wall Unit(s), Window Unit(s)

  • Building Information

    Year Built: 1970 Building Area Total: 4347 Construction Materials: Vinyl Siding Stories: 2 Private Pool: No

  • Lot Information

    Lot Dimensions: 94x167 Main Square Feet: 0.35 Acres Lot Size Acres: 0.35 Lot Size Square Feet: 15246

    Property Information

    Subdivision: Brookfield Place Source Property Type: Residential Income Levels: Two Property Age: 56

  • Listing Price Information

    Listing Price: $429900

  • Tax Information

    Parcel Number: 107p A 01700 000

  • Parking Information

    Asphalt, Gravel

  • School Information

    Elementary School: Miller Perry
    Junior High School: Sullivan Heights Middle
    Senior High School: West Ridge
  • Location Information

    Direction: From Kingsport or Johnson City, take Hwy 36 into Colonial Heights and turn onto Brookfield Dr. Building almost immediately on right. (Pay attention not to confuse this Brookfield Dr with Brookfield Ln a few streets down.) WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
306 Ty's Place, Kingsport, TN, 37663 $444,000 3 2 1,762 1,762 SqFt
325 Ty's Place, Kingsport, TN, 37663 $444,900 3 3 2,241 2,241 SqFt
337 Ty's Place, Kingsport, TN, 37663 $419,900 2 3 1,750 1,750 SqFt
305 Ty's Place, Kingsport, TN, 37663 $549,900 4 3 2,709 2,709 SqFt
204 Boone Ridge Drive, Kingsport, TN, 37663 $429,000 3 2 2,580 2,580 SqFt
411 Gammon Road, Kingsport, TN, 37663 $414,000 2 2 1,320 1,320 SqFt
427 Gammon Road, Kingsport, TN, 37663 $599,000 4 3 2,696 2,696 SqFt
562 Gammon Road, Kingsport, TN, 37663 $629,000 4 3 4,083 4,083 SqFt
538 Pitt Road, Kingsport, TN, 37663 $819,900 5 3 3,846 3,846 SqFt
577 Pitt Road, Kingsport, TN, 37663 $430,000 4 2 2,178 2,178 SqFt

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.

ByOwner last updated this listing 07/18/2026 @ 07:57

MLS: 9998181 LISTED BY: Ryan McKinney, KW Johnson City 423-433-6500 SOURCE: TennesseeVirginia Regional MLS

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