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Pending
  • $750,000

    1006 Gibson Mill Rd, Kingsport, TN 37660

    3beds
    2baths
    8,759sqft
    : 
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    Multi Family
    Built in 1930
    -- sqft lot
    $707,400 Zestimate®
    $86/sqft
    $-- HOA

    What's special

    Charming cottage style home
    Rare investment opportunity! Located in the heart of Kingsport, this property offers multiple income-producing properties with excellent rental potential. After over 25 successful years of ownership and operation, the owners are ready to retire, creating an outstanding opportunity for investors to purchase a well-established, income-producing property with long-term potential. The property features a storefront commercial building currently occupied and operated by Holston Floral Shop, an 8-Unit Apartment Building featuring 1-bedroom, 1-bathroom units, A Duplex offering one 2-bedroom, 1-bathroom and one 1-bedroom, 1-bathroom unit, plus a Charming Cottage Style Home with 2 bedrooms and 1 bathroom. 9 units are currently rented, providing immediate income for the new owner. Holston Floral Shop is currently operating at the property. The storefront is currently set up and operating as a floral shop. The space offers a great opportunity for someone interested in continuing a floral business or creating their own storefront business. Whether you are looking to grow your investment portfolio or purchase a well-established multi-property investment, this opportunity offers immediate rental income and excellent long-term potential in a prime location with easy access to downtown Kingsport, shopping, restaurants, medical offices, and Holston Valley Medical Center.
    48 days
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    46
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Jody Jones Garrison 423-863-3008,

    Crye-Leike Realtors 423-232-0099

    Source: TVRMLS,MLS#: 9995080

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      Heating
      • Baseboard, Central, Heat Pump
      Cooling
      • Heat Pump, Wall Unit(s), Window Unit(s)
      Appliances
      • Included: Electric Range, Refrigerator
      Features
      • Flooring: Tile
      • Has fireplace: No
      Interior area
      • Total structure area: 8,759
      • Total interior livable area: 8,759 sqft

      Property

      Parking
      • Parking features: Driveway, Attached, Shared Driveway
      • Has attached garage: Yes
      • Has uncovered spaces: Yes
      Features
      • Levels: Two
      • Stories: 2
      Lot
      • Topography: Level
      Details
      • Parcel number: 046g G 02500 000, 048g G 023 00, 046g G 024.00
      • Zoning: B 1

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Cottage,Other,See Remarks
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick, Vinyl Siding
      • Foundation: Other
      • Roof: Metal
      Condition
      • Average
      • New construction: No
      • Year built: 1930

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      Location
      • Region: Kingsport

      Financial & listing details

      • Price per square foot: $86/sqft
      • Tax assessed value: $591,500
      • Annual tax amount: $7,785
      • Date on market: 5/8/2026
      • Electric utility on property: Yes

        Estimated market value

        $707,400

        $672,000 - $743,000

        $1,384/mo

        Price history

        DateEventPrice
        5/15/2026Pending sale$750,000$86/sqft
        Source: TVRMLS #9995080 Report a problem
        5/8/2026Listed for sale$750,000+3324.7%$86/sqft
        Source: TVRMLS #9995080 Report a problem
        2/14/2020Sold$21,900+619.7%$3/sqft
        Source: Public Record Report a problem
        11/30/2011Sold$3,043-98.7%
        Source: Public Record Report a problem
        7/1/2002Sold$230,000$26/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,785 +34.4%$236,600 +83.6%
        2024$5,791 +2%$128,840
        2023$5,675 $128,840
        2022$5,675 $128,840
        2021-- $128,840 +17.5%
        2020$5,083 +80.3%$109,680
        2019$2,819 -43.2%$109,680
        2018$4,963 +77.4%$109,680
        2017$2,797 $109,680 -1.7%
        2016$2,797 -42.7%$111,560 0%
        2014$4,882 +3.1%$111,586
        2013$4,737 -1.3%$111,586
        2012$4,798 +3.9%$111,586 -0.9%
        2011$4,617 +0.7%$112,591
        2009$4,583 $112,591
        2008-- $112,591 +28.6%
        2007$4,230 +0.8%$87,579
        2006$4,195 $87,579
        2005$4,195 -3.4%$87,579
        2004$4,344 +9%$87,579 +2%
        2002$3,985 $85,875
        2001-- $85,875 -56.9%
        2000-- $199,292

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: 37660

          Getting around

          49 / 100
          Car-Dependent
          20 / 100
          Minimal Transit
          26 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Jackson
          • Middle: Sevier
          • High: Dobyns Bennett

          Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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