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Sold for $450,000
  • $450,000

    5021 Emerald Dr, Kingsport, TN 37664

    8beds
    4baths
    4,596sqft
    Quadruplex, Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $98/sqft
    $1,652 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,652/mo

    Zestimate® history
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    What's special

    Looking for a lucrative investment in the heart of the TriCities? Don't miss this one! Boasting 4 units, this 4500+ sqft building showcases a unique townhome style development situated at the end of the cul de sac with tons of potential. Currently generating a generous return, this property offers a value add opportunity with below market rents, turn key condition with room for improvements, and possibility for so much more! Individually metered and eligible for HUD, this property could be tailored to meet various investment strategies- consider affordable housing, elevate to upscale townhomes, or continue benefiting from the lucrative returns that are already being generated from this stable asset. Each unit offers a well maintained condition highlighted with a spacious floor plan, luxury vinyl flooring in most units, HVAC, and sliding glass doors leading to the secluded back patio. Strategically positioned in the county, yet located in the highly sought after Cooks Valley area, this property showcases an enviable location convenient to nearly everything with easy access on to Hwy 126, I-81, and much more! Whether you're a savvy investor looking to add a great asset to the portfolio, or aiming to live for free by house hacking, this property delivers unparalleled versatility and potential! Opportunities like this do not come up often and will not last long priced to sell at $450k. Don't miss your chance, and call today to take advantage of this opportunity! The information provided herein is deemed reliable but is collected from third party sources and subject to buyers, or buyers agent, verification.

    Zillow last checked:

    Listing updated:

    Listed by:

    Garrett Addington 423-646-1060,

    The Addington Agency Bristol

    Bought with:

    Jennifer Lusk, 342869

    The Addington Agency Bristol

    Source: TVRMLS,MLS#: 9987426

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Heat Pump
    Cooling
    • Heat Pump
    Appliances
    • Included: Dishwasher, Electric Range, Refrigerator
    Features
    • See Remarks
    • Flooring: Tile, Luxury Vinyl, Carpet, Laminate
    Interior area
    • Total structure area: 4,596
    • Total interior livable area: 4,596 sqft

    Property

    Parking
    • Parking features: Parking Pad
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Rear Patio
    Lot
    • Size: 0.76 Acres
    • Dimensions: 33,105
    • Topography: Level
    Details
    • Parcel number: 048o C 011.00
    • Zoning: R1

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: See Remarks
    • Property subtype: Quadruplex, Multi Family
    • Attached to another structure: Yes
    Materials
    • Brick
    • Roof: Shingle
    Condition
    • Above Average,Average
    • New construction: No
    • Year built: 1983

    Utilities & green energy

    • Water: Public

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Kingsport

    Financial & listing details

    • Price per square foot: $98/sqft
    • Tax assessed value: $426,100
    • Annual tax amount: $2,749
    • Date on market: 10/23/2025

    Price history

    DateEventPrice
    10/30/2025Sold$450,000$98/sqft
    Source: TVRMLS #9987426 Report a problem
    10/23/2025Pending sale$450,000$98/sqft
    Source: TVRMLS #9987426 Report a problem
    11/12/2024Listing removed$450,000$98/sqft
    Source: TVRMLS #9973233 Report a problem
    11/8/2024Listed for sale$450,000+91.5%$98/sqft
    Source: TVRMLS #9973233 Report a problem
    1/9/2018Sold$235,000+44.2%$51/sqft
    Source: Public Record Report a problem
    12/8/2016Sold$163,000$35/sqft
    Source: TVRMLS #385609 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,749 +27%$170,440 +96.5%
    2024$2,165 +3.7%$86,720
    2023$2,087 $86,720
    2022$2,087 $86,720
    2021-- $86,720 +8.2%
    2020$2,059 $80,120
    2019$2,059 +0.8%$80,120
    2018$2,043 +0%$80,120
    2017$2,043 $80,120 -0.4%
    2016$2,043 +10.2%$80,440 +0%
    2014$1,854 $80,424
    2013$1,854 -1.1%$80,424
    2012$1,874 +13.7%$80,424 +4%
    2011$1,648 $77,336
    2010$1,648 $77,336
    2009$1,648 $77,336
    2008-- $77,336 +16%
    2007$1,687 $66,660
    2006$1,687 $66,660
    2005$1,687 -10.8%$66,660 -5.9%
    2004$1,891 +34.1%$70,824 +18.1%
    2002$1,410 $59,985
    2001-- $59,985 -60.9%
    2000-- $153,342
    Find assessor info on the county website

    Neighborhood: 37664

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Indian Springs
    • Middle: Sullivan Central Middle
    • High: West Ridge

    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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