1151 Ridgecrest Ave, Kingsport, Tennessee 37665

TN, Kingsport
$800,000
  • Active Status
  • 15 Dayz On Cribz Total Days
  • Commercial Sale Property Type
  • 8060 Total Sqft $99/sqft
  • 0.39 Acres Lot/Land Size
  • 1965 Year Built
  • Mortgage Wizard 3000 Advanced Breakdown
Property Description

Great Investment Opportunity! Don’t miss this five-unit income-producing property, including a basement unit, with established tenants and an excellent rental history! All five units are currently rented at $650 per month each, generating $3,250 in monthly rental income and $39,000 annually.
The property has an excellent occupancy history, with the seller reporting virtually no vacancies and minimal tenant turnover. Current rental rates offer potential for increased income, making this an attractive opportunity for investors looking to expand their portfolio.
Additional highlights include a roof approximately 8 years old and HVAC systems of varying ages, with most being less than 5 years old.
Whether you’re an experienced investor or looking to begin building your rental portfolio, this property offers immediate income with potential for future growth.
Schedule your showing today and explore the possibilities!

Property Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • MLS #: 3615615
  • Price: $800,000
  • Year Built: 1965
  • Lot Area: 0.39 Acre
  • Office Name: Red Realty, LLC
  • Agent Name: Martha Durham
  • Property Sub Type: Unimproved Land
  • Listing Status: Active
Location Info
  • Street Number: 1151
  • Street: Ridgecrest Ave
  • City Kingsport
  • State TN
  • Zipcode 37665
  • County Sullivan County, TN
  • Longitude: W83° 26' 31.9''
  • Latitude: N36° 34' 33.4''
  • Zoning: Commercial
  • Directions: From downtown Kingsport, take W Stone Drive toward Ridgecrest Avenue. Turn onto Ridgecrest Avenue and continue to 1151–1155 Ridgecrest Avenue. Property will be on Ridgecrest Avenue.
Additional Info
  • Building Size: 8,060 Sqft
  • On Market Date: October 9th, 2026
  • Previous Price: $800,000
Listing Data
  • Mls Status: Active
  • Originating System Name: RealTracs
  • Special Listing Conditions: Standard
  • Modification Timestamp: Oct 13th, 2026 @ 7:01pm
  • Status Change Timestamp: Oct 9th, 2026 @ 3:36pm
mls grid

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