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4006 Memorial Boulevard
Kingsport TN 37664 US

$425,000

Active Listing ID 9995031
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10 bed
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8.00 Bath (8 Full)
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Lot: 1.28 Acres
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Single Family Residence

$425,000

Active Listing ID 9995031
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4006 Memorial Boulevard This investment property--including two buildings and seven units--offers immediate rental income. At full capacity, this property provides an 8.7% cap rate and enough land to further develop and add more units for additional future income. With the TDOT road improvements on Hwy 126, the approximate boundary lines already show the new property borders which will change the traffic patterns for the better after the road modifications. Between an unfinished basement and a garage workshop, you'll also have plenty of storage space on site for anything needed for property management. Features to note include a 2yr old metal roof on Building 2, a 5yr old metal roof on Building 1, some plumbing and electrical updates, remodeling in process in 2 vacant units, and current tenants with good rental history. Whether you're already an investor or just stepping into the rental market, this property offers the unique position for established income with growth potential for more. Sale includes both parcels 062C E 017.00 and 062C E 018.00. Buyer(s)/buyer(s) agents to verify all information.

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Property Features

  • Facts
  • Lot Size: 1.28 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 8
  • Cooling System: Heat Pump, Ceiling Fan(s), Window Unit(s)
  • Floor Covering: Laminate, Vinyl, Tile, Hardwood
  • Roof Type: Metal
  • Heating Fuels: Heat Pump (Heating), Space Heater
  • Additional Features
  • Basement

School Information

  • School
  • Jefferson(Elementary)
  • Robinson(MiddleSchool)
  • Dobyns Bennett(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Single Family Residence
  • listprice: 425000
  • unparsedaddress: 4006 Memorial Boulevard
  • postalcity: Kingsport
  • stateorprovince: TN
  • country: US
  • postalcode: 37664
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.28
  • lotsizeunits: Acres
  • lotsizearea: 1.28
  • livingarea: 4045
  • livingareaunits: Square Feet
  • latitude: 36.5317
  • longitude: -82.494252
  • listagentfullname: Abigail Weaver
  • listagentemail: abigailwrealtor@gmail.com
  • listagentkey: 3yd-TVARMLS-33158
  • listagentmlsid: 33158
  • listagentpreferredphone: 4233353937
  • listagentofficephone: 4232396112
  • listofficekey: 3yd-TVARMLS-415
  • listagentstatelicense: 357811
  • listofficemlsid: 415
  • disclaimer: Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 1947
  • listingcontractdate: 2026-05-07
  • listagenturl: http://abigailwrealtor.com
  • countyorparish: Sullivan
  • parcelnumber: 062c E 017.00
  • elementaryschool: Jefferson
  • highschool: Dobyns Bennett
  • appliances: Electric Range, Refrigerator
  • cooling: Heat Pump, Ceiling Fan(s), Window Unit(s)
  • constructionmaterials: Brick, Concrete, Vinyl Siding, Plaster
  • flooring: Laminate, Vinyl, Tile, Hardwood
  • heating: Heat Pump (Heating), Space Heater
  • numberofunitstotal: 7
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: EXIT Realty
  • architecturalstyle: Ranch
  • rooms: Bathroom 1, Bedroom 2, Bedroom 4, Bathroom 6, Bathroom 2, Bedroom 3, Bathroom 5, Bathroom 8, Bedroom 8, Basement, Bedroom 9, Bedroom 7, Bathroom 3, Bedroom 5, Bedroom 10, Bathroom 7, Bedroom 1, Bedroom 6, Bathroom 4
  • utilities: Natural Gas Available
  • basement: Block, Exterior Entry, Concrete
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.494255, 36.5317
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Century 21 Legacy", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"abigailwrealtor@gmail.com", "ListBrokerageCity":"Kingsport", "ListBrokerageCountry":"US", "ListBrokerageEmail":"carlafdunn@gmail.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/1928/212692/20120814141206936.png", "ListBrokerageName":"Century 21 Legacy", "ListBrokeragePhone":"(423) 239-6112", "ListBrokeragePostalCode":"37663", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"210 Colonial Heights Road", "ListBrokerageWebsiteUrl":"http://myc21legacy.com", "ListOfficeAddress1":"1757 Fort Henry Dr ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"415", "ListOfficeCity":"Kingsport", "ListOfficeCountry":"US", "ListOfficeEmail":"tnhomes4u@gmail.com", "ListOfficePostalCode":"37664", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Ranch - Kingsport, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/4006-Memorial-Blvd_Kingsport_TN_37664_M91351-60814?f=listhub&s=TVARMLS&m=9995031&c=rexren", "MLSModificationTimestamp":"2026-05-07 19:10:34", "Neighborhoods":[{"Description":null, "Name":"Not In Subdivision"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1503, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/7/2026 7:22:22 PM GMT
Source Updated Date: 5/10/2026 12:36:50 PM GMT

Courtesy of: Abigail Weaver, CENTURY 21 Legacy Fort Henry, abigailwrealtor@gmail.com

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.