1223 Wateree Street
Kingsport, TN 37660
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Bed
0
Bath
0.26Acre(Lot)
Seize the chance to own this centrally located 7-unit multi-family property in Kingsport, TN, offering an excellent return on investment. The complex includes five 1-bedroom, 1-bath units and two 2-bedroom, 1-bath units, all fully occupied with total monthly rents of $7,090. Each unit is equipped with mini-split systems for efficient heating and cooling, ensuring tenant comfort year-round. Additionally, all units feature laundry hook-ups, adding convenience and appeal for residents. Two units have stackable units owned by the landlord. The property has undergone significant upgrades, including a new roof, updated electrical systems, and modernized plumbing. The recent encapsulation of the crawl space further enhances the building's structural integrity and energy efficiency. With a cap
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Flooring Information
Hardwood -
Roofing Information
Metal -
Interior Features
Roof: Metal Appliances: Dishwasher, Electric Range, Refrigerator Laundry Features: Electric Dryer Hookup, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: See Remarks
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Building Information
Year Built: 1930 Construction Materials: Brick Stories: 2 Private Pool: No
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Lot Information
Lot Dimensions: 137.83 X 78.28 IRR Main Square Feet: 0.26 Acres Lot Size Acres: 0.26 Lot Size Square Feet: 11325.6Property Information
Subdivision: City Of Kingsport Source Property Type: Residential Income Property SubType: Multi Family Levels: Two Property Age: 96
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Listing Price Information
Listing Price: $825000
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Tax Information
Parcel Number: 046o E 04800 000
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School Information
Elementary School: LincolnJunior High School: SevierSenior High School: Dobyns Bennett -
Location Information
Direction: From Eastman Road follow Fort Henry Drive to Left on E Center St. Follow E. Center Street to right on Wateree St. Follow Wateree St. to the property on the left at the corner of Wateree and Oak St. WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1246 Center Street, Kingsport, TN, 37660 | $399,900 | -- | -- | -- | |
| 308 Sullivan Street, Kingsport, TN, 37660 | $499,900 | -- | -- | -- | |
| 1108 Fairview Avenue, Kingsport, TN, 37660 | $234,995 | -- | -- | -- |
Similar Multifamily To 1223 Wateree Street
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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 @ 15:00
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