714 Mapleoak Ln, Kingsport, TN 37660
- $360,000
- 2,240
- SqFt
- List Price
- $360,000
- MLS#
- 3210902
- Days on Market
- 75
- Property Type
- Multifamily
- Sqft. of Residence
- 2,240
- County
- Sullivan County
- Status
- ACTIVE
Property Description
714 Maple Oak Lane is a fully occupied, turnkey quadplex in Kingsport, Tennessee. The property delivers immediate cash flow from four individually metered units across 2,240 square feet, with many of the major capital improvements already completed. A new sewer and water line installed in 2025 eliminates one of the most significant deferred maintenance risks common in properties of this era, making this an exceptionally clean acquisition for a 1031 exchange buyer seeking a stabilized asset. Three of four units are currently rented below the Rentometer market average of $1,100/month, representing $10,200 in annual rent upside as leases turn — without any additional capital investment. Key features: New sewer & water line (2025), One fully furnished unit, Off-street parking, Separately metered utilities,100% occupied at close, Section 8 tenant (guaranteed income). $10,200 annual rent upside at market $83,475
Additional Information
- Construction Type
- Vinyl Siding
- Cooling System
- Wall/Window Unit(s)
- Elementary School
- Andrew Johnson Elementary School
- Floor Types
- Luxury Vinyl
- Heating System
- Other
- High School
- Dobyns - Bennett High School
- Junior High School
- Ross N. Robinson Middle School
- Laundry
- None
- Living Area
- 2,240
- Number Of Stories
- 2
- Sewer System
- Public Sewer
- Subdivision
- No
- Tax Amount
- $1,305
- Water Source
- Public
- Year Built
- 1933
- Zoning
- R4
- Type
- Multifamily
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Listing courtesy of MRG Realty Partners.
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