1433 Stratford Rd, Kingsport, TN 37664

Kingsport
Local realty services provided by:Reliant Realty ERA Powered
1433 Stratford Rd,Kingsport, TN 37664
$1,250,000
  • - Beds
  • - Baths
  • 6,750 sq. ft.
  • Multi-family
  • Active
Listed by: kunal patel, brian truman
Office: svn accel commercial real estate
MLS#:3130337
Source:NASHVILLE

Price summary

  • Price:$1,250,000
  • Price per sq. ft.:$185.19

About this home

SVN | Accel Commercial Real Estate is pleased to present Magnolia Ridge Apartments, an 11-unit multifamily investment opportunity located at 1433 Stratford Road in Kingsport, Tennessee. This fully renovated and stabilized asset offers immediate in-place cash flow with continued upside through future rent growth in a market experiencing strong demand and limited multifamily inventory. Magnolia Ridge features a balanced unit mix of: (1) 3BR / 2BA (4) 1BR / 1BA (6) 2BR / 1BA All units are separately metered for electricity, with water and trash billed back to tenants, providing operational efficiency and expense recovery. Ownership has invested approximately $250,000+ in capital improvements, delivering a true turnkey opportunity. Renovations include new flooring, fixtures, appliances, interior and exterior paint, upgraded electrical and plumbing systems, water heater replacements, windows, patio doors, pavement improvements, enhanced site lighting, security cameras, gutter guards, and...

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Home facts

  • Year built:1971
  • Listing ID #:3130337
  • Added:140 day(s) ago
  • Updated:July 03, 2026 at 04:38 PM

Rooms and interior

  • Living area:6,750 sq. ft.

Heating and cooling

  • Cooling:Central Air
  • Heating:Central
  • Central air:Yes

Structure and exterior

  • Year built:1971
  • Building area:6,750 sq. ft.
  • Construction Materials:Brick
  • Levels:2 Story

Schools

  • High school:Dobyns - Bennett High School
  • Middle school:Ross N. Robinson Middle School
  • Elementary school:Andrew Johnson Elementary School

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,250,000
  • Price per sq. ft.:$185.19
  • Tax amount:$10,315
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