1433 Stratford Rd
Description
(1) 3BR / 2BA
(4) 1BR / 1BA
(6) 2BR / 1BA
All units are separately metered...SVN | Accel Commercial Real Estate is pleased to present Magnolia Ridge Apartments, an 11-unit multifamily investment opportunity located at 1433 Stratford Road in Kingsport, Tennessee. This fully renovated and stabilized asset offers immediate in-place cash flow with continued upside through future rent growth in a market experiencing strong demand and limited multifamily inventory. Magnolia Ridge features a balanced unit mix of:
(1) 3BR / 2BA
(4) 1BR / 1BA
(6) 2BR / 1BA
All units are separately metered for electricity, with water and trash billed back to tenants, providing operational efficiency and expense recovery. Ownership has invested approximately $250,000+ in capital improvements, delivering a true turnkey opportunity. Renovations include new flooring, fixtures, appliances, interior and exterior paint, upgraded electrical and plumbing systems, water heater replacements, windows, patio doors, pavement improvements, enhanced site lighting, security cameras, gutter guards, and full bathroom upgrades. With major capital improvements completed and the asset stabilized, Magnolia Ridge presents investors with a low-maintenance opportunity featuring durable cash flow and embedded rental upside in a supply-constrained Tri-Cities market.
- Listed by Kunal Patel • SVN Accel Commercial Real Estate
- Listed by Brian Truman • SVN Accel Commercial Real Estate
Property Details for 1433 Stratford Road
Property Details for 1433 Stratford Road
| Status | Active |
|---|---|
| MLS # | 3130337 |
| Days on Market | 1 |
| Taxes | $10,315 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1971 |
| Lot Size | - |
| County | Sullivan County |
Location
Building Information for 1433 Stratford Road
Payment Calculator
$6,952 per month
30 year fixed, 6.15% Interest
$6,092
$860
$0
Property Information for 1433 Stratford Road
- Directions: From Nashville Get on I-40 E/I-65 S, Follow I-40 E and I-81 N to TN-36 N/Fort Henry Dr in Kingsport. Take exit 59 from I-81 N, Continue on TN-36 N/Fort Henry Dr to your destination.
- Elementary School: Andrew Johnson Elementary School
- High School: Dobyns - Bennett High School
- Levels: One
- Living Area Source: Assessor
- Living Area Units: Square Feet
- Middle Or Junior School: Ross N. Robinson Middle School
- Mlg Can View: Yes
- Zoning: R 3
- Garage Spaces: .00
- Parking Total: .00
- Condo Coop Association YN: No
- Above Grade Finished Area Source: Assessor
- Above Grade Finished Area Units: Square Feet
- Below Grade Finished Area Source: Assessor
- Below Grade Finished Area Units: Square Feet
- Building Area Source: Assessor
- Building Area Units: Square Feet
- Flooring: Other
- Lot Size Units: Acres
- Parcel Number: 062P G 01000 000
- Structure Type: Multi Family
- Construction Materials: Brick
- Documents Count: 3
- New Construction: No
- Possession: Close Of Escrow
- Property Attached: Yes
- Senior Community: No
- Stories: 2
- Year Built Details: Existing
- Cooling: Central Air
- Cooling: Yes
- Heating: Central
- Heating: Yes
- Sewer: Public Sewer
- Utilities: Water Available
- Water Source: Public
- Attached Garage: No
- Covered Spaces: .00
- Exterior Features: No Dock
- Garage: No
- Pool Private: No
- View YN: No
- Number Of Units Total: 11
- Unit Type Actual Rent: $1,330.00
- Unit Type Baths Total: 0
- Unit Type Beds Total: 3
- Unit Type Type: 3 Bedroom
- Unit Type Actual Rent: $1,025.00
- Unit Type Baths Total: 0
- Unit Type Beds Total: 2
- Unit Type Type: 2 Bedroom
- Unit Type Actual Rent: $1,050.00
- Unit Type Baths Total: 0
- Unit Type Beds Total: 2
- Unit Type Type: 2 Bedroom
- Unit Type Actual Rent: $980.00
- Unit Type Baths Total: 0
- Unit Type Beds Total: 2
- Unit Type Type: 2 Bedroom
- Rent Includes: Electricity, Trash Collection, Water
- Tenant Pays: Cable TV
- Total Actual Rent: $4,385
Property History for 1433 Stratford Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 13, 2026 | Listed (Active) REALTRACS #3130337 | $1,250,000 | — |
| Sep 3, 2024 | Withdrawn REALTRACS #2618863 | $1,175,000 | — |
| Jan 12, 2024 | Listed (Active) REALTRACS #2618863 | $1,225,000 | — |
| Mar 18, 2022 | Closed (Public Record) Public Record #1486295481 | $950,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/13/2026 | Listed (Active) REALTRACS #3130337 | $1,250,000 |
| 09/03/2024 | Withdrawn REALTRACS #2618863 | $1,175,000 |
| 01/12/2024 | Listed (Active) REALTRACS #2618863 | $1,225,000 |
| 03/18/2022 | Closed (Public Record) Public Record #1486295481 | $950,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1433 Stratford Road
Schools near 1433 Stratford Road
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Johnson Elementary School PublicPK to 5 | ||
Robinson Middle School Public6 to 8 | ||
Dobyns - Bennett High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
Similar Sold Homes
Explore Nearby Homes
- Borden Village Homes for Sale
- Chase Meadows Homes for Sale
- Colonial Heights Homes for Sale
- Green Acres Homes for Sale
- Highland Park Homes for Sale
- Orebank Homes for Sale
- Sullivan Gardens Homes for Sale
- Riverview Homes for Sale
- Downtown Kingsport Homes for Sale
- Bloomingdale Homes for Sale
- Preston Forest Homes for Sale
- Lynn Garden Homes for Sale
- Virginia Homes for Sale
- Spurgeon Homes for Sale
- Morrison City Homes for Sale
- Kingsport Homes for Sale
- Fall Branch Homes for Sale
- Johnson City Homes for Sale
- Blountville Homes for Sale
- Chuckey Homes for Sale
- Gray Homes for Sale
- Weber City Homes for Sale
- Mount Carmel Homes for Sale
- Bristol Homes for Sale
- Church Hill Homes for Sale
- Gate City Homes for Sale
- Limestone Homes for Sale
- Hiltons Homes for Sale
- Afton Homes for Sale
- Piney Flats Homes for Sale
- 37659 Homes for Sale
- 37617 Homes for Sale
- 37656 Homes for Sale
- 37663 Homes for Sale
- 37660 Homes for Sale
- 37665 Homes for Sale
- 24202 Homes for Sale
- 24258 Homes for Sale
- 37615 Homes for Sale
- 24251 Homes for Sale
- 37857 Homes for Sale
- 24290 Homes for Sale
- 37641 Homes for Sale
- 37642 Homes for Sale
- 37645 Homes for Sale
No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of SVN Accel Commercial Real Estate, Kunal Patel (731.613.5487); SVN Accel Commercial Real Estate, Brian Truman (615.260.2121)
Based on information submitted to the MLS GRID as of 02/13/2026 01:37 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.
