2783 Island Rd

Blountville, TN 37617

$240,000
Price
6
Beds
600 Sq. Ft.
$400 / Sq. Ft.
600
Sq. Ft.
$400
per Sq. Ft.
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New
New
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Description

Investment Opportunity in the Heart of Blountville! Centrally located in Blountville, this versatile mixed-use property offers multiple income streams and excellent potential for investors. The property features three residential rental units, each offering 2 bedrooms and 1 full bathroom. Two units are equipped with efficient heat pumps, while the third utilizes baseboard heat and window units. Two of the residential units share a common laundry area, while the third enjoys its own private laundry...Investment Opportunity in the Heart of Blountville! Centrally located in Blountville, this versatile mixed-use property offers multiple income streams and excellent potential for investors. The property features three residential rental units, each offering 2 bedrooms and 1 full bathroom. Two units are equipped with efficient heat pumps, while the third utilizes baseboard heat and window units. Two of the residential units share a common laundry area, while the third enjoys its own private laundry space. Adding to the property's value is a retail/office lease space fronting Highway 394, providing excellent visibility and accessibility. The commercial space includes a restroom and is ideal for a variety of business uses. With a desirable central location, established rental potential, and both residential and commercial income opportunities, this property presents a rare chance to expand your investment portfolio in the growing Blountville market. Don't miss this unique multi-unit, mixed-use property with strong income-producing potential.
  1. Listed by Hannah Powell • Platinum Properties, Powell, Realtors
  2. Listed by Julie Wallace • Platinum Properties, Powell, Realtors

Property Details for 2783 Island Road

Architectural Style
See Remarks
Zoning
B 1
LISTING UPDATED: 06/22/2026 11:14 AM

Property Details for 2783 Island Road

StatusActive
MLS #9997190
Days on Market1
Taxes$935 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti Family / Multi Family
Year Built1948
Lot Size0.51 AC / 22,215 SF
CountySullivan County
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Location

Listing Courtesy of Platinum Properties, Powell, Realtors, Hannah Powell (423.358.3286); Platinum Properties, Powell, Realtors, Julie Wallace (423.408.9772)
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Building Information for 2783 Island Road

Stories-Residences4Year Built1948Building Size-Lot Size0.51 AC / 22,215 SF

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$1,274 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,196

Property Taxes

$78

HOA Dues

$0

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Property Information for 2783 Island Road

Summary
Location and General Information
  • City: Blountville
  • County: Sullivan
  • Directions: I81 to Exit 69, turn onto Highway 394 toward Kingsport. The building is on the west corner of Highway 394 and Island Road.
  • Latitude: 36.56
  • Longitude: -82.34
  • Postal Code: 37617
  • State Or Province: TN
  • Topography: Rolling Slope
  • General Property Description : Zoning: B 1
Taxes and HOA Information
  • Association: No
  • Parcel Number: 034 12200 000
  • Association Fee: 0.0
  • Location Tax Legal Info : Deed Book: 3403
  • Location Tax Legal Info : Deed Page: 2393
  • Location Tax Legal Info : City Taxes: $.00
  • Location Tax Legal Info : County Taxes: $935.48
School Information
  • High School: West Ridge
  • Middle Or Junior School: Sullivan
  • Elementary School: Central Heights
Property
Lot Information
  • Lot Size Dimensions: See tax records
  • Lot Size Square Feet: 22,215.60
  • Lot Size Acres: 0.51
  • Lot Size Area: .51
  • Lot Size Units: Acres
  • Building Area Total: 600.00
  • General Property Description : Acres: .51
Property and Assessments
  • Property Condition: Average
  • Property Type: Multi Family
  • Year Built: 1948
  • Property Sub Type: Multi Family
  • Property Type Label: Multi Family
  • New Construction: No
Utilities
  • Utilities: Cable Available
  • Sewer: Septic Tank
  • Water Source: Public
Interior and Exterior Features
Interior Features
  • Cooling: Heat Pump, Window Unit(s)
  • Interior Features: See Remarks
  • Bathrooms Total Decimal: .00
  • Flooring: Carpet
  • Bathrooms Total Integer: 0
  • Bathrooms Total Notational: .00
  • Cooling: Yes
  • Heating: Yes
  • Levels: Two
Exterior Features
  • Construction Materials: Block, Frame, Vinyl Siding
  • Roof: Composition
  • Heating : Heat Pump: Baseboard, Heat Pump
  • Walls : Drywall: Yes
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
  • General Property Description : Total Units: 4.00
Unit 1
  • Unit 1 : # Units: 2
  • Unit 1 : # Bathrooms: 1.0
  • Unit 1 : # Bedrooms: 2
  • Unit 1 : Monthly Rent: 650
Unit 2
  • Unit 2 : # Units: 1
  • Unit 2 : # Bedrooms: 2
  • Unit 2 : # Bathrooms: 1.00
  • Unit 2 : Monthly Rent: 1200
Unit 3
  • Unit 3 : # Units: 1
  • Unit 3 : # Bedrooms: 2
  • Unit 3 : # Bathrooms: 1.0
  • Unit 3 : Monthly Rent: 600
Unit 4
  • Unit 4 : # Units: 0

Property History for 2783 Island Road

DateEvent & SourcePriceAppreciation
Jun 22, 2026

Listed (Active)

Tennessee Virginia Regional MLS #9997190

$240,000—
Nov 17, 2020

Withdrawn

Tennessee Virginia Regional MLS #9914875

$150,000—
Oct 28, 2020

Listed (Active)

Tennessee Virginia Regional MLS #9914875

$150,000—
DateEvent & SourcePrice
06/22/2026

Listed (Active)

Tennessee Virginia Regional MLS #9997190

$240,000
11/17/2020

Withdrawn

Tennessee Virginia Regional MLS #9914875

$150,000
10/28/2020

Listed (Active)

Tennessee Virginia Regional MLS #9914875

$150,000

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

Public Records for 2783 Island Road

Taxable ValueLand$9,200Additions$58,200Total$67,400
Tax Record2025$1,087 ($91 / month)
Home Facts
Total Finished SqFt3,100 SqFtAbove Grade Finished SqFt1,860 SqFtFinished Basement SqFt1,240 SqFtStories1Lot Size22,216 SqFtStyleMulti-Family Res (5+ Units)Year Built1948Year Renovated1951CountySULLIVANAPN034 12200

Schools near 2783 Island Road

This home is within Sullivan County School District.
Rating
School
Type
Grades
Distance
Central Heights Elementary School
Public - PK to 5
Sullivan Central Middle School
Public - 6 to 8
West Ridge High School
Public - 9 to 12
Sullivan County Virtual Learning Academy
Public - K to 12
Rating
School
Distance
Central Heights Elementary School
PublicPK to 5

Sullivan Central Middle School
Public6 to 8

West Ridge High School
Public9 to 12

Sullivan County Virtual Learning Academy
PublicK 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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More information about 2783 Island Road, Blountville, TN 37617

2783 Island Road is a multi-family home for sale in Blountville, TN 37617. This property was listed for sale on June 22, 2026 by Platinum Properties, Powell, Realtors, it's currently listed at $240,000. It has been on the market for a total of 1 days and was last sold on September 22, 2020. This listing's school district is Sullivan County School District. Nearby schools include Central Heights Elementary School, Sullivan Central Middle School and West Ridge High School. 2783 Island Road is a 6-bed, 0-bath, 600 sqft multi-family home built in 1948.

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 Platinum Properties, Powell, Realtors, Hannah Powell (423.358.3286); Platinum Properties, Powell, Realtors, Julie Wallace (423.408.9772)

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: 06/22/2026 11:14 AM