Sold for $1,200,000

$1,200,000

401 Parkridge Dr #415, Kingsport, TN 37660

7beds

8baths

9,600sqft

Multi Family

Built in 1989

-- sqft lot

$1,207,600 Zestimate^®

$125/sqft

$1,943 Estimated rent

Home value

$1,207,600

Estimated sales range

Not available

$1,943/mo

Zestimate^® history

Owner options

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$1,943/mo

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$1,943/mo

Rent Zestimate^®

Refinance and save

$6,934/mo

Est. payment

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$6,934/mo

Est. payment

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What's special

Huge amount of land

Great investment opportunity with a huge amount of land zoned R3 for expansion! City water, sewer, schools and extensive road frontage. 3 adjacent parcels of land with frontage on Parkridge, Tilthammer and Manor Dr, (see attachment.) 8 total units fully rented, (2) 2 bed/2 bath, (2) 3 bed/2 bath, (4) 2 bed/1.5 bath. Each unit has its own power and water meter, owner pays landscape, pest and trash pickup. Extensive renovations done in 2022/2023. Roof 2015, Siding 6 years ago. Large yard area in the rear of the building, each unit has deck or patio. Plenty of parking in the front, 4 units have one-car garage.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 7
Bathrooms: 8

Heating

Heat Pump

Cooling

Heat Pump

Appliances

Included: Dishwasher, Disposal, Range, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Eat-in Kitchen, Laminate Counters
Flooring: Luxury Vinyl, Carpet, Ceramic Tile
Windows: Insulated Windows
Basement: Crawl Space
Number of fireplaces: 4
Fireplace features: Living Room

Interior area

Total structure area: 9,600
Total interior livable area: 9,600 sqft

Property

Parking

Total spaces: 4
Parking features: Asphalt
Garage spaces: 4

Features

Levels: Two,One
Stories: 2
Patio & porch: Covered, Deck, Rear Patio
Exterior features: Balcony
Fencing: Privacy
Has view: Yes
View description: Mountain(s)

Lot

Size: 10.6 Acres
Topography: Sloped, Part Wooded, Level

Details

Parcel number: 045n B 032.10
Zoning: R 3

Construction

Type & style

Home type: MultiFamily
Architectural style: Contemporary
Property subtype: Multi Family

Materials

Brick, Vinyl Siding

Condition

Above Average
New construction: No
Year built: 1989

Utilities & green energy

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

Community & HOA

Community

Subdivision: Not In Subdivision

HOA

Has HOA: No

Location

Region: Kingsport

Financial & listing details

Price per square foot: $125/sqft
Date on market: 10/17/2024
Listing terms: Cash,Other
Electric utility on property: Yes

Price history

Date	Event	Price
2/26/2025	Sold	$1,200,000-14.3%$125/sqft
Source: TVRMLS #9972406 Report a problem
12/23/2024	Pending sale	$1,400,000$146/sqft
Source: TVRMLS #9972406 Report a problem
10/17/2024	Listed for sale	$1,400,000$146/sqft
Source: TVRMLS #9972406 Report a problem