1433 Stratford Rd, Kingsport, Tennessee 37664
TN, Kingsport-
Active Status
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59 Dayz On Cribz Total Days
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Residential Income Property Type
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6750 Total Sqft $185/sqft
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1971 Year Built
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Mortgage Wizard 3000 Advanced Breakdown
SVN | Accel Commercial Real Estate is pleased to present Magnolia Ridge Apartments, an 11-unit multifamily investment opportunity located at 1433 Stratford Road in Kingsport, Tennessee. This fully renovated and stabilized asset offers immediate in-place cash flow with continued upside through future rent growth in a market experiencing strong demand and limited multifamily inventory.
Magnolia Ridge features a balanced unit mix of:
(1) 3BR / 2BA
(4) 1BR / 1BA
(6) 2BR / 1BA
All units are separately metered for electricity, with water and trash billed back to tenants, providing operational efficiency and expense recovery. Ownership has invested approximately $250,000+ in capital improvements, delivering a true turnkey opportunity. Renovations include new flooring, fixtures, appliances, interior and exterior paint, upgraded electrical and plumbing systems, water heater replacements, windows, patio doors, pavement improvements, enhanced site lighting, security cameras, gutter guards, and full bathroom upgrades.
With major capital improvements completed and the asset stabilized, Magnolia Ridge presents investors with a low-maintenance opportunity featuring durable cash flow and embedded rental upside in a supply-constrained Tri-Cities market.
- Property Type: Residential Income
- Listing Type: For Sale
- MLS #: 3130337
- Price: $1,250,000
- Square Footage: 6,750 Sqft
- Year Built: 1971
- Office Name: SVN Accel Commercial Real Estate
- Agent Name: Kunal Patel
- Property Attached: Yes
- Listing Status: Active
- Street Number: 1433
- Street: Stratford Rd
- City Kingsport
- State TN
- Zipcode 37664
- County Sullivan County, TN
- Subdivision Green Valley Manor Sec 1
- Longitude: W83° 29' 20.5''
- Latitude: N36° 31' 20.9''
- Zoning: R 3
- Directions: From Nashville Get on I-40 E/I-65 S, Follow I-40 E and I-81 N to TN-36 N/Fort Henry Dr in Kingsport. Take exit 59 from I-81 N, Continue on TN-36 N/Fort Henry Dr to your destination.
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Heating System Central
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Cooling System Central Air
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Utilities Water Available
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Flooring Other
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Sewer Public Sewer
- Elementary School: Andrew Johnson Elementary School
- Middle School: Ross N. Robinson Middle School
- High School: Dobyns - Bennett High School
- Water Source: Public
- Building Size: 6,750 Sqft
- Construction Materials: Brick
- Levels: One
- Lot Size Dimensions: 84 X 226.9 IRR
- Number Of Units Total: 11
- On Market Date: February 13th, 2026
- Previous Price: $1,250,000
- Rent Includes: Electricity,Trash Collection,Water
- Stories: 2
- Annual Tax Amount: $10,315
- Co List Agent Full Name: Brian Truman
- Co List Office Name: SVN Accel Commercial Real Estate
- Mls Status: Active
- Originating System Name: RealTracs
- Special Listing Conditions: Standard
- Modification Timestamp: Feb 13th, 2026 @ 6:37pm
- Status Change Timestamp: Feb 13th, 2026 @ 6:32pm
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