Last Sold Price
20 beds13,739 sqft$104/sqft
216 Colonial Heights Rd, Unit 2, Kingsport, TN 37663

Description

12-13 Cap and 100% occupancy very low turn over, long term tenants with lots of upgrades and granite! 20 one bedroom apartments with 60% upgraded with LVT or new carpet and granite countertops. These units could easily rent for $700+ a month not counting short term rental or the stand alone building that will house a western wear store for $950/month. It's on septic currently but can be converted to sewer. Property is low maintenance and easy to upkeep.12-13 Cap and 100% occupancy very low turn over, long term tenants with lots of upgrades and granite! 20 one bedroom apartments with 60% upgraded with LVT or new carpet and granite countertops. These units could easily rent for $700+ a month not counting short term rental or the stand alone building that will house a western wear store for $950/month. It's on septic currently but can be converted to sewer. Property is low maintenance and easy to upkeep.
LISTING CLOSED: 03/15/2023 12:00 AM

  1. Listed by Laura Meade • Bridge Pointe Real Estate Jonesborough

Property Details for 216 Colonial Heights Road, Unit 2

Status
MLS #
9947045
Days on Market
69
Taxes
$6,916 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Multi-Family / Multi-Family
Year Built
1979
Lot Size
1.95 AC / 84,942 SF
Architectural Style
Ranch
Zoning
B4
Subdivision
Not Listed

Recent comparable sales

Median sold price

$1,170,000

Avg days on market

100

Sale-to-list ratio

92.4%

Kingsport, TN

9 comparable properties found

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1

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7
Bedrooms
3,172
Square Feet
1.52
Acres
$1,170,000 | 730 Sir Echo Drive, Kingsport, TN 37663
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2

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Sold 05/18/26

Unavailable
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Unavailable
Bathrooms
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Square Feet
Unavailable
Acres
$2,375,000 | 1701 North John B Dennis Highway, Kingsport, TN 37664
1/2
3

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Sold 09/01/24

Unavailable
Bedrooms
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Bathrooms
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Square Feet
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Acres
$11,500,000 | 3404-3585 Frylee Court, Kingsport, TN 37664
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4

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Sold 07/22/26

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Bedrooms
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Square Feet
8.56
Acres
$1,060,000 | 105 Lemay Drive, Unit LOT 9 & M/PT LOT 11, Kingsport, TN 37664
1/19
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Sold 02/27/26

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Bedrooms
Unavailable
Bathrooms
5,673
Square Feet
0.5
Acres
$1,250,000 | 525 Scott County Road, Kingsport, TN 37660
1/18
6

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Sold 10/10/25

Unavailable
Bedrooms
Unavailable
Bathrooms
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Square Feet
Unavailable
Acres
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Sold 09/09/24

Unavailable
Bedrooms
Unavailable
Bathrooms
Unavailable
Square Feet
1.61
Acres
$125,000 | 6-7 Lebanon Road, Unit 6 & 7, Kingsport, TN 37663
1/7
8

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Sold 12/19/25

Unavailable
Bedrooms
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Bathrooms
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Square Feet
1.34
Acres
$1,200,000 | 401 Parkridge Drive, Unit 401415, Kingsport, TN 37660
1/84
9

$1,200,000

Sold 02/26/25

7
Bedrooms
9,600
Square Feet
10.6
Acres

Location

Listing Courtesy of Bridge Pointe Real Estate Jonesborough, Laura Meade

Sold By The Brokers Realty & Auction, Bryan Sangid (423.631.0355)

Add your commute

Building Information for 216 Colonial Heights Road, Unit 2

Stories-Residences-Year Built1979Building Size-Lot Size1.95 AC / 84,942 SF

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Principal and Interest

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Property Taxes

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HOA Dues

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Property Information for 216 Colonial Heights Road, Unit 2

Summary
Location and General Information
  • City: Kingsport
  • County: Sullivan
  • Directions: Fort Henry Drive to Colonial Heights Rd, Left at property, no sign
  • Latitude: 36.49
  • Longitude: -82.50
  • Postal Code: 37663
  • State Or Province: TN
  • General Property Description : Zoning: B4
Taxes and HOA Information
  • Parcel Number: 092g B 003.00
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 1506C
  • Location Tax Legal Info : Deed Page: 331
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $6,916.38
School Information
  • High School: West Ridge
  • Middle Or Junior School: Sullivan Central Middle
  • Elementary School: Rock Springs
Property
Lot Information
  • Lot Size Dimensions: 191x452x202x384
  • Lot Size Square Feet: 84,942.00
  • Lot Size Acres: 1.95
  • Lot Features: Level
  • Lot Size Area: 1.95
  • Lot Size Units: Acres
  • Building Area Total: 13,739.00
  • General Property Description : Acres: 1.95
Property and Assessments
  • Property Condition: Above Average, Average
  • Property Type: Multi-Family
  • Year Built: 1979
  • Property Sub Type: Multi-Family
  • Property Type Label: Multi-Family
  • New Construction: No
  • Construction : Site Built: Yes
  • Existing Finance : Conventional: Yes
Utilities
  • Utilities: Cable Available
  • Sewer: Septic Tank
  • Water Source: Public, See Remarks
Interior and Exterior Features
Interior Features
  • Cooling: Central Air, Heat Pump
  • Bathrooms Total Decimal: .00
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Two
Exterior Features
  • Construction Materials: Brick, Vinyl Siding
  • Heating : Heat Pump: Heat Pump, Central
  • Walls : Drywall: Yes
  • Exterior Finish : Brick: Yes
Multi Family
Multi-Family Information
  • General Property Description : Total Units: 21.00
Income & Expenses Information
  • Operating Expense Includes: Utilities, Repairs and Maint, Taxes Real Estate, Waste, Water/Sewer
Unit 1
  • Unit 1 : # Units: 1
  • Unit 1 : SqFt: 2128
Unit 2
  • Unit 2 : # Units: 10
  • Unit 2 : # Rooms: 10
  • Unit 2 : # Bedrooms: 10
  • Unit 2 : # Bathrooms: 10.00
  • Unit 2 : SqFt: 6171
Unit 3
  • Unit 3 : # Units: 10
  • Unit 3 : # Rooms: 10
  • Unit 3 : # Bedrooms: 10
  • Unit 3 : # Bathrooms: 10.0
  • Unit 3 : SqFt: 5440
Unit 4
  • Unit 4 : # Units: 0

Property History for 216 Colonial Heights Road, Unit 2

DateEvent & SourcePriceAppreciation
Mar 15, 2023

Closed

Tennessee Virginia Regional MLS #9947045

$1,425,000
Jan 12, 2023

Contract - Not Showing

Tennessee Virginia Regional MLS #9947045

Jan 12, 2023

Contract - Showing

Tennessee Virginia Regional MLS #9947045

DateEvent & SourcePrice
03/15/2023

Closed

Tennessee Virginia Regional MLS #9947045

$1,425,000
01/12/2023

Contract - Not Showing

Tennessee Virginia Regional MLS #9947045

01/12/2023

Contract - Showing

Tennessee Virginia Regional MLS #9947045

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 216 Colonial Heights Road, Unit 2

This home is within Sullivan County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Rock Springs Elementary School
PublicPK to 5

Sullivan Central Middle School
Public6 to 8

West Ridge 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.

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Nearby home values

AddressSold priceBedsBathsSqftLot (Sqft)
This home: 216 Colonial Heights Road, Unit 2, Kingsport, TN 37663
$1,425,000
20
13,739
84,942
$1,705,000
21
6,531
84,942
$100,000
1.5
1,390
35,284
$459,800
1.5
5,576
20,909
$200,000
2
2,210
14,375
$99,900
2
1,796
22,216

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Bridge Pointe Real Estate Jonesborough, Laura Meade

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 04/30/2024 11:57 AM