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$800,000
140 Days On Site

420 Wheatley Street
Kingsport, TN 37660

For Sale|Multi Family|Active
0
Beds
0
Total Baths
8,253
SqFt
$97
/SqFt
1971
Built
County:
Sullivan
Listing courtesy of Alex Cooley of KW Johnson City
Call Now: (423)-470-1640
Is this the listing for you? We can help make it yours.
(423)-470-1640
420 Wheatley Street420 Wheatley Street420 Wheatley Street420 Wheatley Street
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Mortgage Calculator

Monthly Payment (Est.)

$3,650
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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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Listing Snapshot
Price 
$800,000
Days On Site 
140 Days
Bedrooms 
N/A
Inside Area (SqFt) 
8,253 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.57 Acres
Year Built 
1971
MLS® Number 
9985788
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoPrice changed to $800,000
3 months agoListing updated with changes from the MLS®
5 months agoListing first seen on site
General Features
Acres 
0.57
Foundation 
Block
Levels 
Two
Parking 
Asphalt
Property Sub Type 
Multi Family
Sewer 
Public Sewer
SqFt Total 
8253
Style 
See Remarks
Water Source 
Public
Zoning 
R 4
Interior Features
Appliances 
Electric RangeMicrowaveRefrigerator
Cooling 
Ceiling Fan(s)Heat Pump
Flooring 
TileCarpetLaminate
Heating 
Heat Pump
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Exterior Features
Construction Details 
Brick
Roof 
Shingle
Community Features
Financing Terms Available 
CashConventional
Schools
School District
Unknown
Elementary School
Lincoln
Middle School
Sevier
High School
Dobyns Bennett
Listing courtesy of Alex Cooley of KW Johnson City



Listing information is provided by Participants of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Tennessee Virginia Regional MLS.
Data last updated at: 2026-02-02 05:01 PM UTC

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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