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For sale
  • Price cut: $15K (8/11)
    $215,000

    2040 Sherwood Rd, Kingsport, TN 37664

    4beds
    2baths
    --sqft
    : 
    $1,362/mo
    Get pre-qualified
    Multi Family
    Built in 1940
    -- sqft lot
    $205,800 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Both units of this duplex being sold. Excellent location close to shopping, restaurants and schools. This property does need work but has great potential! Lock box on the front door of each unit.
    47 days
    |
    455
    |
    24
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alan Wilder 423-677-3588,

    Blue Ridge Properties 423-247-4181

    Source: TVRMLS,MLS#: 9997369

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • None
      Cooling
      • None
      Features
      • Flooring: Tile, Laminate
      • Windows: Storm Window(s), Other
      • Basement: Other
      Interior area
      • Total structure area: 0

      Property

      Parking
      • Parking features: Asphalt, Gravel
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Deck
      Lot
      • Size: 0.41 Acres
      • Dimensions: 103 x 172
      • Topography: Level
      Details
      • Parcel number: 061l D 003.00
      • Zoning: R 1B

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Materials
      • Brick
      • Foundation: Slab
      • Roof: Shingle
      Condition
      • Below Average
      • New construction: No
      • Year built: 1940

      Utilities & green energy

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

      Community & HOA

      Community
      • Subdivision: Forest Lawn
      HOA
      • Has HOA: No
      Location
      • Region: Kingsport

      Financial & listing details

      • Tax assessed value: $155,500
      • Annual tax amount: $2,047
      • Date on market: 6/25/2026
      • Listing terms: Cash

        Estimated market value

        $205,800

        $196,000 - $216,000

        $1,184/mo

        Price history

        DateEventPrice
        8/11/2026Price change$215,000-6.5%
        Source: TVRMLS #9997369 Report a problem
        6/25/2026Listed for sale$230,000+1177.8%
        Source: TVRMLS #9997369 Report a problem
        2/27/1995Sold$18,000+3.2%
        Source: Public Record Report a problem
        2/1/1994Sold$17,450
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$2,047 +25.4%$62,200 +71.3%
        2024$1,632 +2%$36,320
        2023$1,600 $36,320
        2022$1,600 $36,320
        2021-- $36,320 +18.8%
        2020$1,416 +80.3%$30,560
        2019$785 -43.2%$30,560
        2018$1,383 +77.5%$30,560
        2017$779 $30,560 -2.2%
        2016$779 -43%$31,240 0%
        2014$1,367 +3.1%$31,248
        2013$1,327 -1.3%$31,248
        2012$1,344 +7.4%$31,248 +2.4%
        2011$1,251 +0.7%$30,513
        2010$1,242 $30,513
        2009$1,242 $30,513
        2008-- $30,513 +18.8%
        2007$1,240 +0.8%$25,681
        2006$1,230 $25,681
        2005$1,230 -3.4%$25,681
        2004$1,274 +10.9%$25,681 +3.7%
        2002$1,149 $24,757
        2001-- $24,757 -56.6%
        2000-- $57,090
        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 37664

        Getting around

        65 / 100
        Somewhat Walkable
        18 / 100
        Minimal Transit
        39 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Johnson
        • Middle: Robinson
        • 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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