Great investment opportunity in Bloomingdale area. Renovated in 2013. Four total units, three units are 1BR/1BA, one unit is 2BR/1BA. Mix of LTV, carpet & vinyl flooring. Updated, neutral paint & flooring colors. Baseboard heat, window unit a/c. All units occupied and easy to rent. Landlord pays water only. Tenants responsible for electric. Operating expenses include water, dumpster service, grounds keeping and routine pest control. Could be purchased in package deal with MLS 421699.
Sold for $255,200
Street View
$255,200
405 Salem St, Kingsport, TN 37660
5beds
2,068sqft
MultiFamily
Built in 1955
-- sqft lot
$285,200 Zestimate®
$123/sqft
$1,277 Estimated rent
Home value
$285,200
$265,000 - $308,000
$1,277/mo
Zestimate® history
Owner options
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$1,277/mo
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$1,277/mo
Rent Zestimate®
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$1,500/mo
Est. payment
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$1,500/mo
Est. payment
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Heat pump, Electric
Cooling
- Central
Appliances
- Included: Range / Oven, Refrigerator
Features
- Flooring: Tile, Carpet, Concrete, Linoleum / Vinyl
- Basement: None
Interior area
- Total interior livable area: 2,068 sqft
Property
Parking
- Total spaces: 8
- Parking features: Off-street
Features
- Exterior features: Brick
- Has view: Yes
- View description: City, Mountain
Lot
- Size: 0.37 Acres
Details
- Parcel number: 030FD03000000
- Zoning: Commercial
Construction
Type & style
- Home type: MultiFamily
Materials
- Foundation: Footing
- Roof: Asphalt
Condition
- Year built: 1955
Community & HOA
Location
- Region: Kingsport
Financial & listing details
- Price per square foot: $123/sqft
- Tax assessed value: $218,900
- Annual tax amount: $1,412
Price history
| Date | Event | Price |
|---|---|---|
| 5/16/2025 | Sold | $255,200+123.9%$123/sqft |
Source: Public Record Report a problem | ||
| 8/12/2019 | Sold | $114,000-10.9%$55/sqft |
Source: Public Record Report a problem | ||
| 7/9/2019 | Pending sale | $127,900$62/sqft |
Source: KW Johnson City #421700 Report a problem | ||
| 6/29/2019 | Price change | $127,900-1.5%$62/sqft |
Source: KW Johnson City #421700 Report a problem | ||
| 5/15/2019 | Listed for sale | $129,900$63/sqft |
Source: KW KINGSPORT #421700 Report a problem | ||
| 3/7/2019 | Listing removed | $129,900$63/sqft |
Source: KW Johnson City #413198 Report a problem | ||
| 2/22/2019 | Pending sale | $129,900$63/sqft |
Source: KW Johnson City #413198 Report a problem | ||
| 11/8/2018 | Price change | $129,900-3.8%$63/sqft |
Source: KW Johnson City #413198 Report a problem | ||
| 9/30/2018 | Listed for sale | $135,000+141.1%$65/sqft |
Source: KW Johnson City #413198 Report a problem | ||
| 5/29/2013 | Sold | $56,000-28.7%$27/sqft |
Source: TVRMLS #331987 Report a problem | ||
| 7/5/2011 | Sold | $78,544-17.3%$38/sqft |
Source: Public Record Report a problem | ||
| 2/2/2007 | Sold | $95,000+20.3%$46/sqft |
Source: Public Record Report a problem | ||
| 4/15/1999 | Sold | $79,000$38/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,412 +20.4% | $87,560 +86.3% |
| 2024 | $1,173 +3.7% | $47,000 |
| 2023 | $1,131 | $47,000 |
| 2022 | $1,131 | $47,000 |
| 2021 | -- | $47,000 +57.5% |
| 2020 | $767 | $29,840 |
| 2019 | $767 +0.8% | $29,840 |
| 2018 | $761 0% | $29,840 |
| 2017 | $761 | $29,840 |
| 2016 | $761 +10.7% | $29,840 +0.1% |
| 2014 | $687 | $29,812 |
| 2013 | $687 -1.1% | $29,812 |
| 2012 | $695 +9.4% | $29,812 |
| 2011 | $635 | $29,812 |
| 2010 | $635 | $29,812 |
| 2009 | $635 | $29,812 |
| 2008 | -- | $29,812 +18.7% |
| 2007 | $636 | $25,120 |
| 2006 | $636 | $25,120 |
| 2005 | $636 -5.2% | $25,120 |
| 2004 | $671 +12.4% | $25,120 -1.1% |
| 2002 | $597 | $25,396 |
| 2001 | -- | $25,396 -56.7% |
| 2000 | -- | $58,626 |
Find assessor info on the county website
Neighborhood: Bloomingdale
Nearby homes
- $--1 bd1 ba533 sqft405 Salem St APT 2, Kingsport, TN 37660Off Market
- $219,6001 bd1 ba533 sqft405 Salem St APT 1, Kingsport, TN 37660Off Market
- $--1 bd1 ba-- sqft405 Salem St APT 3, Kingsport, TN 37660Off Market
- $--1 bd1 ba463 sqft405 Salem St APT 4, Kingsport, TN 37660Off Market
- $233,200-- bd2 ba1.5k sqft301 Yokley St, Kingsport, TN 37660Off Market
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- $289,6003 bd2 ba1.7k sqft400 Salem St, Kingsport, TN 37660Off Market
Nearby schools
GreatSchools rating
- 3/10Ketron Elementary SchoolGrades: PK-5Distance: 2.6 mi
- 4/10Sullivan Heights Middle SchoolGrades: 6-8Distance: 5.7 mi
- 7/10West Ridge High SchoolGrades: 9-12Distance: 7.3 mi
Schools provided by the listing agent
- Elementary: CEDAR GROVE
- Middle: KETRON
- High: SULLIVAN NORTH
Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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