$2,500,000
NEW CONSTRUCTION $200K PRICE DROP

Estimated payment $14,917/month

Total Views 2,089
-- Bed
-- Bath
13,135 Sq Ft
$190 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Breakfast Room
  • Entrance Foyer
  • Abraham Lincoln Elementary School Rated A-
  • Balcony
  • Zoned Heating and Cooling System

About This Home

Please do not talk with the residents.We are pleased to present a great investment opportunity in awell-maintained, 24-unit garden-style apartments complexlocated in Kingsport, TN. For investors seeking a property in agrowing market, Creekside Apartments offers a compellingopportunity. The combination of high occupancy, recent upgrades,and a favorable location makes this an attractive addition to anyreal estate portfolio. Situated in the Tri-Cities region, Kingsportboasts a stable real estate market supported by a robust economy,including major employers like Eastman Chemical Company andHolston Valley Medical Center. The city's location along majorhighways and its well-developed transportation infrastructure isalso beneficial for investors.PROPERTY HIGHLIGHTS18 of the 24 units have been renovated by Seller since 2022.Air conditioning, heating, vinyl flooring, private balcony/patio,refrigerator, and kitchen appliances.New roofs & HVAC systems installed in 2022/2023.Washer/dryer hookups, walk-in closets, and ample storagespace.

Listing Agent

Cindy O'Brien

LIfestyles Realty Tennessee, Inc. License #318252 Listed on: 05/28/2025

LIfestyles Realty Tennessee, Inc.

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $13,324

Year Built

  • Built in 1993

Parking

  • On-Site Parking

Home Design

  • Home to be built
  • Block Foundation
  • Frame Construction
  • Shingle Roof
  • Aluminum Siding

Interior Spaces

  • Main Floor Bedroom
  • 13,135 Sq Ft Home
  • Ceiling Fan
  • Insulated Windows
  • Entrance Foyer
  • Family Room
  • Breakfast Room
  • Formal Dining Room
  • Vinyl Flooring
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher

Utilities

  • Zoned Heating and Cooling System
  • Internet Available
  • Cable TV Available

Additional Features

  • Balcony
  • Lot Dimensions are 556.13 x 131.25

Community Details

  • 24 Units

Listing and Financial Details

  • The owner pays for roof maintenance, lawn maintenance, exterior maintenance, common area maintenance, trash collection, taxes, insurance
  • Assessor Parcel Number 061C F 028.00
  • Tax Block 80

Property Details

Home Type

Apartment

Est. Annual Taxes

$13,324

Year Built

Built in 1993

Lot Details

0

Listing Details

  • Directions: Follow I-40 E and I-81 N to Old Wilcox Dr in Kingsport. Take exit 4 from I-26 W/US-23 N
  • Prop. Type: Multi-Family
  • Year Built: 1993
  • Lot Size: 556.13 X 131.25
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Cooling: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Microwave: Yes
  • Appliances Refrigerators: Yes
  • General Property Description:New Construction: To Be Built
  • Siding:Aluminum Siding: Yes
  • General Property Description:Driveway: Parking lot
  • Roof:Shingle: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Misc Features:Internet Available2: Yes
  • Miscellaneous:Balcony2: Yes
  • Property Sub-Type:Apartment: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Owner Pays: Roof Maintenance, Lawn Maintenance, Exterior Maintenance, Common Area Maintenance, Trash Collection, Taxes, Insurance
  • Flooring: Vinyl
  • Interior Amenities: Pantry
  • Window Features: Windows - Insulated
  • Appliances Dishwasher: Yes
  • Appliances Range: Yes
  • Other Rooms:Mstr Bdrm Main Level: Yes
  • Other Rooms:Family Room: Yes
  • Other Rooms:Bedroom Main Level: Yes
  • Other Rooms:Breakfast Room: Yes
  • Other Rooms:Foyer: Yes
  • Other Rooms:Separate Dining Room: Yes

Exterior Features

  • Exterior Features: Balcony
  • Construction Type: Aluminum Siding, Block, Frame
  • Roof: Shingle
  • Construction:Frame: Yes
  • Exterior Features:Cable Available (TV Only): Yes
  • Exterior Features:Windows - Insulated: Yes
  • Construction:Block2: Yes
  • Exterior Features:Balcony: Yes

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:On Premise Parking: Yes

Utilities

  • Cooling: Central Cooling, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available (TV Only)

Lot Info

  • Parcel #: 061C F 028.00

Rental Info

  • Tenant Pays: Water, Sewer, Tenant Pays All Util, Cooling, Heating, Electricity

Multi Family

  • Number Of Units Total: 24
  • Annual Gross Income: 241600.0

Tax Info

  • Tax Annual Amount: 13323.5
  • Tax Block: 80

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2025 06/14/25 Price Changed $2,500,000 -7.4% $190 / Sq Ft
05/28/2025 05/28/25 For Sale $2,700,000 -- $206 / Sq Ft
Source: East Tennessee REALTORS® MLS

Source: East Tennessee REALTORS® MLS

MLS Number: 1302573

East Tennessee REALTORS® MLS

APN: 082061C F 02800