$1,170,000
$1,200,000
2.5%For more information regarding the value of a property, please contact us for a free consultation.
730 Sir Echo DR Kingsport, TN 37663
Key Details
Sold Price $1,170,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Subdivision Echo Valley Sec A
MLS Listing ID 1335612
Sold Date 05/18/26
Year Built 1968
Lot Dimensions 150 X 215
Source East Tennessee REALTORS® MLS
Property Description
730 Sir Echo Drive is a 10-unit townhome community located in Kingsport, Tennessee, within the Tri-Cities MSA--one of East Tennessee's most stable and steadily growing rental markets. The property consists of ten two-bedroom, one-and-a-half-bath townhomes, each offering 950 square feet of living space, and presents investors with a rare opportunity to acquire a well-maintained, income-producing asset in a supply-constrained submarket.
Built with brick construction on all four sides, the property has been systematically updated by ownership. Recent capital improvements include a new roof, updated gutters, fresh asphalt paving and striped parking areas, and new water heaters throughout.
Each unit is equipped with washer and dryer hookups, replacement low-maintenance windows, individual HVAC systems, and covered front entryways with storm doors. Select units offer full-length covered back porches. Common area amenities include an on-site laundry facility with commercial coin-operated machines and a dedicated tenant storage facility with lockable closets for each unit--a meaningful differentiator at this price point.
With Kingsport supported by a diverse economic base anchored in healthcare, manufacturing, and education, the property benefits from consistent rental demand and long-term market stability. Limited new townhome supply and strong occupancy among comparable properties make 730 Sir Echo Drive a compelling opportunity to acquire a turnkey asset with durable cash flow in the Tri-Cities region.
Location
State TN
County Sullivan County
Rooms
Other Rooms Other
Interior
Heating Central, Other, Electric
Cooling Central Cooling
Flooring Carpet, Other
Heat Source Central, Other, Electric
Exterior
Parking Features On Premise Parking
Garage Description On Premise Parking
Roof Type Asphalt
Garage No
Building
Faces Follow I-81 N to TN-36 N / Stone Dr in Kingsport. Take exit 59 from I-81 N. Continue on TN-36 N / Stone Dr. Take Fort Henry Dr to Sir Echo Dr. Turn right onto Fort Henry Dr. Turn left onto Clinchfield St. Turn right onto Sir Echo Dr.
Structure Type Brick
Others
Tax ID 092O C 03600 000
Energy Description Electric, Other Fuel
Acceptable Financing Other, Cash, Conventional
Listing Terms Other, Cash, Conventional
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