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4006 Memorial Boulevard
Kingsport TN 37664 US

$425,000

Active Listing ID 9997872
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Lot: 1.28 Acres
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Other

$425,000

Active Listing ID 9997872
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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: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Ceiling Fan(s), Window Unit(s), Heat Pump
  • Roof Type: Metal
  • Heating Fuels: Heat Pump (Heating), Space Heater, Wall Furnace

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 425000
  • unparsedaddress: 4006 Memorial Boulevard
  • postalcity: Kingsport
  • stateorprovince: TN
  • country: US
  • postalcode: 37664
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 1.28
  • lotsizeunits: Acres
  • lotsizearea: 1.28
  • livingarea: 4045
  • livingareaunits: Square Feet
  • latitude: 36.5317
  • longitude: -82.494338
  • 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: 2026-07-07
  • listagenturl: http://abigailwrealtor.com
  • countyorparish: Sullivan
  • parcelnumber: 062c E 017.00
  • cooling: Ceiling Fan(s), Window Unit(s), Heat Pump
  • constructionmaterials: Brick, Concrete, Vinyl Siding
  • heating: Heat Pump (Heating), Space Heater, Wall Furnace
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 15
  • roof: Metal
  • waterfrontyn: False
  • franchiseaffiliation: EXIT Realty
  • utilities: Natural Gas Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.49434, 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":"COMMERCIAL - Kingsport, TN", "ListingURL":null, "MLSModificationTimestamp":"2026-07-07 20:29:20", "Neighborhoods":[{"Description":null, "Name":"409 - Greenacres"}, {"Description":null, "Name":"Preston Woods"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1503, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 7/9/2026 3:27:52 AM GMT
Source Updated Date: 7/26/2026 12:50:39 AM 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.