Property details
About 105 Lemay Dr
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.
Highlights
Summary
- Appliances: Electric Range, Refrigerator
- Flooring Type: Vinyl, Carpet, Laminate
- Interior: Granite Counters, Kitchen/Dining Combo, Laminate Counters, Pantry, Remodeled
- Attached Garage: No
- Parking: Asphalt
- Exterior: Porch Front, Balcony
- Architectural Style: Townhouse
- Heating: Heat Pump, Wall Furnace
- Cooling: Wall Unit(s)
- List Price: $1,200,000
- Annual Tax Amount: $3,100
- Tax Year: 2022
- Directions: From John B Dennis Hwy 93, take the Memorial Blvd ext. Take 126 east towards Interstate 81. Go about 3 miles, then right on Lemay Drive, Unit complex on the right.
- Year Built: 1977
- Lot Size: 0.5 Acres
- MLS Number: 9982363
- Office Name: Choice Realty
- Office Phone: (423) 283-8560
- Office Email: rick@choice-realty.com
- Listing Agent: John Burnette, Jr.
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 6:40:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Feb 24, 2021 | Home Sold | $555,000 |
| Jul 16, 2019 | Home Sold | $370,000 |
| Feb 11, 2011 | Home Sold | $208,456 |
| Feb 01, 2007 | Home Sold | $275,000 |
| Apr 12, 1993 | Home Sold | $329,950 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $128,840 | $- |
| 2022 | $128,840 | $3,100 |
| 2021 | $128,840 | $3,100 |
| 2020 | $128,840 | $3,100 |
| 2019 | $103,360 | $2,636 |
| 2018 | $103,360 | $2,636 |
| 2017 | $103,360 | $2,998 |
History based on county public records data.
Nearby schools
8
Indian Springs Elementary School
Public District KG-5
2.4 mi
•333 Hill Rd
4
Ketron Elementary School
Public District PK-5
2.9 mi
•3301 Bloomington Pike
6
Thomas Jefferson Elementary School
Public District PK-5
3.1 mi
•2216 Westmoreland Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $49,951. Typical income of Kingsport, TN residents is between $35k-100k annually. The most common type of family is married, no kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Figure Skating
College Football
Where do the neighbors shop?
Dollar General
Kmart
Best Buy
Where do the neighbors go to eat?
Cracker Barrel
Bob Evans
Texas Roadhouse
What do the neighbors drive?
Ram
Buick
Jeep
What do the neighbors listen to?
Classic Country
Oldies
Contemporary Christian
Frequently asked questions
Living in Kingsport, TN
Transportation in Kingsport includes a variety of options for residents and visitors. The city's roadways connect seamlessly to major highways, facilitating travel and commuting. Public transit services are available, providing connections across the city and to key destinations. The community's layout encourages walkability in several areas, and there are designated paths that enhance the experience for cyclists. While ride-sharing services are operational, the city also supports initiatives to improve transport efficiency and accessibility for all.
The community is served by a network of public schools, offering educational opportunities from elementary to high school levels, as well as several private institutions that cater to diverse learning needs. Healthcare services in Kingsport are comprehensive, with facilities providing a range of care including urgent and primary care. The city also features a public library system that supports lifelong learning and community engagement. Retail and dining options reflect the local culture, with an assortment of shops and eateries that showcase the region's flavors and crafts.
Kingsport is celebrated for its serene atmosphere and strong sense of community. The city prides itself on its vibrant cultural scene, including local festivals and events that highlight the area's heritage and communal spirit. Residents enjoy a variety of outdoor activities thanks to the well-maintained parks and nearby natural attractions, fostering a lifestyle that balances urban conveniences with an appreciation for the outdoors.
Kingsport offers a diverse array of housing options, with single-family homes being a significant part of the market. The architectural styles in the area range from traditional to contemporary, with a noticeable presence of craftsman designs. The housing market is characterized by a mix of older homes with rich histories and newer constructions that cater to modern living preferences. The homeownership rate in Kingsport is robust, reflecting a community invested in long-term residency and stability.
About 105 Lemay Dr
The listing price of 105 Lemay Dr property is $1,200,000.
The property 105 Lemay Dr is a multi located in Kingsport, Tennessee, 37664.
Active Listing: 105 Lemay Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 105 Lemay Dr are: Indian Springs Elementary School (GreatSchools Rating 8/10), Ketron Elementary School (GreatSchools Rating 4/10), Thomas Jefferson Elementary School (GreatSchools Rating 6/10), Sullivan Heights Middle School (GreatSchools Rating 5/10), Ross N. Robinson Middle School (GreatSchools Rating 8/10), John Sevier Middle School (GreatSchools Rating 5/10), Dobyns-Bennett High School (GreatSchools Rating 8/10), West Ridge High School (GreatSchools Rating 6/10), Gate City High School (GreatSchools Rating 6/10).
According to the records, the last property tax for 2022 is $3,100 (source: MLS/based on county public records data).
The last sale was on February 24, 2021 for $555,000 (source: MLS/tax record).
The year of construction for 105 Lemay Dr is 1977.
This home is located at 105 Lemay Dr in Kingsport, TN and zip code 37664. Features: 0 bathroom. It has been listed on Rocket Homes since June 27, 2025 and is currently priced at $1,200,000.
Kingsport, TN housing market in June 2025 saw over 20 listings sold above listed price, more than 22 sold at listed price and over 62 sold below. In June 2025 in Kingsport, TN there were 0.6% more homes for sale than in May. The median list price of listings available in June 2025 was $267,450, while the average time on the real estate market was 69 days.