308 East Sullivan Street Kingsport, TN $ 499,900
308 East Sullivan Street
$ 499,900
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308 East Sullivan Street

Kingsport, TN, 37660
$ 499,900
Baths0.0 Sq 2,969

Monthly Estimate*

$ 3,078

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Studio

Multi-Family Home for sale in Kingsport, TN

for $499,900. This 2,969 square foot home was built in 1920 on a lot size of 0.02.

Own a beautifully maintained, privately situated three-unit condo investment that is truly turn-key. Completely remodeled and featuring a brand-new roof, this property offers peace of mind along with modern style and quality. This exceptional property comes fully furnished, with all beautiful furniture and amazing appliances remaining -- allowing for immediate income potential from day one. Even better, it comes with an established and loyal clientele already in place, making this a seamless transition for any savvy investor. Each unit is thoughtfully designed and tastefully appointed, creating a warm, inviting atmosphere that keeps guests coming back time and time again. Whether you choose to continue operating as a successful short-term rental or explore long-term leasing options, the possibilities are both flexible and rewarding. These beautiful condos are not only located in the heart of Downtown Kingsport, but are also housed within a stunning, tall historic building-offering timeless character alongside modern comfort. Tucked away for privacy yet conveniently located near the vibrant charm of downtown, this property offers the perfect balance of seclusion and accessibility. Opportunities like this are incredibly rare-own not just real estate, but a thriving, income-producing asset from day one. Schedule your private showing today and step into a proven investment with endless potential!

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Multi-Family Active

Price

$ 499,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,537

Style

Other

Lot Size

0.02

Year Built

1920

Town/City

Kingsport

County/Region

Sullivan

MLS | Web ID

9995567

Features
General
Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Fiber Available Cable Available Electricity Available Electricity Connected Sewer Available Sewer Connected Water Available Water Connected Cable Connected
Roof Rubber
Appliances Built-In Electric Oven Dishwasher Dryer Microwave Refrigerator Washer
Zoning B 2
Architectural Style Other
Security Features Carbon Monoxide Detector(s) Fire Alarm Firewall(s) Smoke Detector(s)
Construction Materials Brick Stone
Year Built 1920
Topography See Remarks
Property Subtype Multi Family
Gross Income 55200
County Sullivan
Net Operating Income 45401
Operating Expense 4295
New Construction false
Property Type Multi Family
HOA false
Attached Garage false
Subdivision Name City Of Kingsport
Status Active
Directions Downtown Kingsport to Broad Street to Church Circle. Turn right onto East Sullivan Street building will be on your right.
High School Dobyns Bennett
City Kingsport
Lot Size Units Acres
Lot Size Square Feet 871.2
Elementary School Lincoln
Middle/Junior High School Sevier
Property Condition Above Average
Structure Type Multi Family
Standard Status Active
Conventional true
Cash true
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Interior
Interior Amenities 2+ Person Tub Eat-in Kitchen Granite Counters Open Floorplan Walk-In Closet(s)
Flooring Tile Brick Ceramic Tile Hardwood
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Laundry Features Electric Dryer Hookup Washer Hookup
Total Baths 0
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Exterior
Parking Features Other
Water Source Public
Lot Size Area 0.02
Foundation Details Concrete Perimeter
Number of Buildings 1
Building Area Total 2969
Lot Dimensions 28.22 X 42.33 IRR
Lot Size Acres 0.02
Door Features Wide Doors
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* Excluded Features
List By
Connie Salyer

Listing Agent

Blue Ridge Properties

Broker

cesalyer@chartertn.net

Email

Affordability Calculator

$3,206
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,078
Monthly Property Taxes
$128
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
857058 Elementary School
856990 Middle School
Dobyns Bennett High School High School
Pricing History
DatePricePrice ChangeDescription
5/18/2026$499,900 Listed Price

Map


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308 East Sullivan Street, Kingsport, TN, 37660 is a Multi-Family Home for sale at $499,900 with 2,969 sqft and a lot size of 0.02. 308 East Sullivan Street is a studio with 0.0 baths and was built in 1920. The property's zip code is 37660 which is in Kingsport, TN