714 Maple Oak Lane

Kingsport TN 37660

2240 sq. ft.

Duplex

Currently for sale - view listing

Overview

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

Features

2240 sq. ft. floor area

Duplex

Property history for 714 Maple Oak Lane

2022

Sold

$294,000

30 Sep 2022 by Chris McMeans, of CENTURY 21 Legacy COL HGTS

2021

Sold

$250,000

25 Jun 2021 by ANDREA PENDLETON, of CENTURY 21 Legacy COL HGTS

2020

Sold

$87,500

13 Apr 2020 by Karen Randolph, of CENTURY 21 LEGACY

Happy sellers in Kingsport

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