Multifamily (Multi Family)

1530 Woodland Ave, Kingsport, TN 37665

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FOR SALE

Price: $865,000 Price Per ft²: $inf List Date: 2025-09-19 DOM: 40
City Tax: $619 County Tax: $750

Year Built: 1950 pre-1978 Homes

Total Area: 0 ft² (Finished & Unfinished)

Lot Size: 0.36 acre(s) Lot Dimensions: 103X150 Topography: Level

Heating: Heat Pump Cooling: Heat Pump Water & Sewage: Public

Description

Investor Special - 6 Rental Units on Woodland Ave! Unique opportunity featuring a total of 6 income-producing units across 3 parcels in Kingsport, TN. 1530 Woodland Ave: 4BR/2BA all-brick home, 1,765 sq ft with full unfinished basement, heat pump, gas logs, on 0.36-acre lot. Rented for $950/mo. 1531 Woodland Ave: Four 2BR/1.5BA townhouse-style units, approx. 1,050 sq ft each. Each unit has separate heat pump, electric, and originally separate water meters (currently on one shared water meter w/water included in rent). Three units updated with new flooring, paint, appliances, and baths. 0.4-acre lot offers room to build more. Rented for $925, $925, $925, and $400/mo. 1530 1/2 Woodland Ave: 2BR/1BA 600 sq ft all-brick home with two-car garage and heat pump. Rented for $800/mo. Total rent: $4,850/month. Strong rental history and room to expand make this a solid investment in a convenient location!