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Sold for $450,000 on 10/30/25
  • $450,000

    5021 Emerald Dr, Kingsport, TN 37664

    8beds
    4baths
    4,596sqft
    Quadruplex, Multi Family
    Built in 1983
    -- sqft lot
    $-- Zestimate®
    $98/sqft
    $1,462 Estimated rent

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    $1,462/mo

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    $1,462/mo

    Rent Zestimate®

    Refinance and save

    $2,549/mo

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    $2,549/mo

    Est. payment

    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: 8 hours ago

    Listing updated: October 30, 2025 at 04:06pm

    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 & neighborhood

    Location
    • Region: Kingsport