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420 Wheatley Street
Kingsport TN 37660 US

$840,000

Active Listing ID 9985788
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6 bed
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3.00 Bath (3 Full)
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Lot: 0.57 Acres
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Other

$840,000

Active Listing ID 9985788
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420 Wheatley Street Unlock the potential of this income-producing apartment building in the heart of Kingsport! Featuring 8 total units, this property offers a versatile mix of floor plans to attract a variety of tenants: (2) spacious 3-bed/1-bath units (4) comfortable 2-bed/1-bath units, (2) efficient 1-bed/1-bath units All units are currently 100% occupied by long-term tenants, providing stable cash flow with significant upside potential through future rent increases. The property is in an excellent location directly across from Eastman Headquarters, ensuring strong demand and long-term security. That's not all-an additional 421 sq. ft. storage area provides extra income potential or utility space for tenants. Each apartment comes with its own individual power meter, while city water, sewer, and schools make management simple. Tenants will also appreciate the ample on-site parking, a rare and valuable convenience for multi-family living. Whether you're an experienced investor looking to expand your portfolio or just starting out in real estate investing, this property offers a solid opportunity with long-term rental demand. Schedule your showing today and see why 420 Wheatley Street is the smart move for your investment future!

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Property Features

  • Facts
  • Lot Size: 0.57 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 3
  • Cooling System: Heat Pump, Ceiling Fan(s)
  • Floor Covering: Carpet, Laminate, Tile
  • Roof Type: Shingle
  • Heating Fuels: Heat Pump (Heating)

School Information

  • School
  • Lincoln(Elementary)
  • Sevier(MiddleSchool)
  • Dobyns Bennett(HighSchool)

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 840000
  • unparsedaddress: 420 Wheatley Street
  • postalcity: Kingsport
  • stateorprovince: TN
  • country: US
  • postalcode: 37660
  • bathroomsfull: 3
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.57
  • lotsizeunits: Acres
  • lotsizearea: 0.57
  • livingarea: 8253
  • livingareaunits: Square Feet
  • latitude: 36.53353
  • longitude: -82.555466
  • listagentfullname: Alex Cooley
  • listagentemail: ALEXKCOOLEY.KW@GMAIL.COM
  • listagentkey: 3yd-TVARMLS-32174
  • listagentmlsid: 32174
  • listagentpreferredphone: 4237239530
  • listagentofficephone: 4237239530
  • listofficekey: 3yd-TVARMLS-612
  • listagentstatelicense: 337588
  • listofficemlsid: 612
  • disclaimer: Copyright © 2025 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: 1971
  • listingcontractdate: 2025-09-15
  • listagenturl: http://www.kw.com
  • countyorparish: Sullivan
  • parcelnumber: 061g A 022.00
  • elementaryschool: Lincoln
  • highschool: Dobyns Bennett
  • appliances: Electric Range, Microwave, Refrigerator
  • cooling: Heat Pump, Ceiling Fan(s)
  • constructionmaterials: Brick
  • flooring: Carpet, Laminate, Tile
  • heating: Heat Pump (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bedroom 3, Bedroom 2, Bedroom 4, Bathroom 3, Bathroom 1, Bathroom 2, Bedroom 5, Bedroom 6, Bedroom 1
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.555466, 36.53353
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Greater Kingsport Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"ALEXKCOOLEY.KW@GMAIL.COM", "ListBrokerageCity":"Johnson City", "ListBrokerageCountry":"US", "ListBrokerageEmail":"klrw855@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/TVARMLS/26c682a0df5a11e18fb91231380dd437/20191114145300231.png", "ListBrokerageName":"Greater Kingsport Realty", "ListBrokeragePhone":"(423) 433-6500", "ListBrokeragePostalCode":"37604", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3009 Greenline Road", "ListBrokerageWebsiteUrl":"http://www.kw.com", "ListOfficeAddress1":"3009 Greenline Road ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"612", "ListOfficeCity":"Johnson City", "ListOfficeCountry":"USA", "ListOfficeEmail":"jenniresonrealtor@gmail.com", "ListOfficePostalCode":"37604", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Kingsport, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/420-Wheatley-St_Kingsport_TN_37660_M91071-28049?f=listhub&s=TVARMLS&m=9985788&c=rexren", "MLSModificationTimestamp":"2025-09-25 13:28:02", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":2685, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/29/2025 3:08:17 PM GMT
Source Updated Date: 12/5/2025 6:45:57 AM GMT

Courtesy of: Alex Cooley, KW Johnson City, ALEXKCOOLEY.KW@GMAIL.COM

Copyright © 2025 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.