Back 105 Lemay Dr
Off Market

105 Lemay Dr

Kingsport TN 37664

5673 sq. ft.
21780 sq. ft.
Multi-Family
Last sold for $1,060,000
John Burnette, Jr.John Burnette, Jr., last sold this property on 27 February 2026 after 119 days on market.

Overview

Welcome to this 12-unit apartment complex with all units being 1 bedroom, 1 bath. Ideally located in a thriving community with convenient access to local amenities, parks, and transportation. Just minutes from downtown Kingsport, Blountville, and Bristol, this property offers a prime location for residents. Most of all the units have been upgraded with modern finishes, including granite countertops in the kitchens and bathrooms, updated kitchen cabinets with ample storage and pantry space, and durable Luxury Vinyl Plank (LVP) flooring throughout. Additionally, the units feature fresh, new paint, giving each space a bright, inviting feel. New heating and cooling units, along with energy-efficient hot water heaters, ensure year-round comfort and cost-effective living. Recent exterior improvements include a new roof installed in November 2023, providing peace of mind and long-term protection from the elements. With a gross revenue of $8,500.00 and stable, long-term tenants, this property presents an excellent investment opportunity. Rents are still below market value, offering significant potential for future growth. This turn-key property, with most units upgraded and tenant stability in place, offers minimal maintenance and maximum profitability for investors seeking strong, consistent returns. Call me or your Agent for more information today.

Features

5673 sq. ft. floor area
21780 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Kingsport over the last 12 months.

Property history for 105 Lemay Dr

2026
Sold
$1,060,000
27 Feb 2026 by John Burnette, Jr., of Choice Realty
2021
Sold
$555,000
19 Feb 2021 by Sheryl Garland, of CENTURY 21 LEGACY

Happy sellers in Kingsport

87%
87% of sellers in Kingsport reported that their sale price either exceeded or met their price expectations.

Kingsport stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 3 reviews in Kingsport over the last 12 months.

Local market activity for multi families in Kingsport

In the last 12 months, 1 multi family similar to 105 Lemay Dr, have been sold.

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