$4,156 Closing Credit¹
#9977041, Heather Halsey, Casey Halsey, Listing Office: Blue Ridge Properties
$449,900 List price
2020 E Center St Kingsport, TN 37664
$5,343
Closing credit¹
0.09 acres
Multi-Family
Property details
About 2020 E Center St
Great Investment Opportunity! Discover the charm and potential of this historic building, a proven income-generator with a strong track record as a successful apartment complex. Boasting 100% occupancy nearly year-round and all units currently occupied, this property is a rare find. Formerly known as the Palmer Building, this versatile property boasts a rich history as a pharmacy storefront, medical offices, and more. It offers endless possibilities, whether for office spaces, a restaurant, or any venture you envision. The property features 11 units, generating $6,700 monthly or $80,400 annually. These include one 2-bedroom, 1-bath unit and ten 1-bedroom, 1-bath units, totaling 12 bedrooms and 11 bathrooms. Located within walking distance of Dobyns-Bennett High School and just minutes from East Stone Drive's amenities, the property combines convenience with an unbeatable location. The owner pays utilities and there are no HOA or CAM fees. This property offers excellent cash flow, with the potential for even greater returns with some TLC. Whether you're expanding your portfolio or launching a new endeavor, this is an opportunity you won't want to miss. Rent rolls and expenses are available upon request.
Highlights
Home typeMulti Family
HeatingRadiant
StatusActive
CoolingWindow Unit(s)
BasementYes
Lot size0.09 Acres
Year built1920
MLS #9975107
Summary
- Appliances: Other
- Basement: Yes
- Flooring Type: Vinyl, Carpet, Laminate
- Interior: See Remarks
- Exterior: See Remarks
- Architectural Style: See Remarks
- Heating: Radiant
- Cooling: Window Unit(s)
- List Price: $449,900
- Annual Tax Amount: $3,483
- Tax Year: 2022
- Lot: Level
- Directions: On I-26 W, take exit 4 for TN-92 S. Continue straight onto Old Wilcox Dr. Continue onto Sheridan Square/S Wilcox Dr. Turn Right onto E Center St. 2020 E Center St will be on the left.
- Year Built: 1920
- Lot Size: 0.09 Acres
- MLS Number: 9975107
- MLS Name: Tennessee/Virginia Regional MLS
- Office Name: Greater Impact Realty Jonesborough
- Office Phone: (423) 973-8634
- Office Email: admin@greaterimpactrealty.com
- Listing Agent: Matt Fleenor, Alex Hurley
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: 4/29/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$449,900
2020 E Center St
$5,343
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 21, 2021 | Home Sold | $373,900 |
| Jun 07, 2018 | Home Sold | $175,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $79,080 | $- |
| 2022 | $79,080 | $3,483 |
| 2021 | $79,080 | $3,483 |
| 2020 | $79,080 | $1,903 |
| 2019 | $54,320 | $2,457 |
| 2018 | $54,320 | $2,457 |
| 2017 | $54,320 | $2,905 |
History based on county public records data.
Nearby schools
6
Thomas Jefferson Elementary School
Public District PK-5
0.2 mi
•2216 Westmoreland Ave
8
Andrew Johnson Elementary School
Public District PK-5
0.8 mi
•1001 Ormond Dr
7
Abraham Lincoln Elementary School
Public District PK-5
0.9 mi
•1000 Summer St
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 $29,176. Most Kingsport, TN residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
57%
<35k
40%
35k-100k
2%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
50%
Single, No Kids
13%
Single, with Kids
22%
Married, No Kids
15%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
15%
<11 yrs old
9%
12-17 yrs old
21%
18-34 yrs old
38%
35-64 yrs old
17%
65+ yrs old
What do the neighbors do for fun?
NHRA Drag Racing
Pro Boxing
Extreme Sports
Where do the neighbors shop?
Big Lots
Family Dollar
Sam's Club
Where do the neighbors go to eat?
Golden Corral
White Castle
LongHorn Steakhouse
What do the neighbors drive?
Kia
Chevrolet
Oldsmobile
What do the neighbors listen to?
Adult Standards
Rock
Contemporary Inspirational
All data provided by Home Junction and Claritas
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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 2020 E Center St
This home is located at 2020 E Center St in Kingsport, TN and zip code 37664. Features: 0 bathroom. It has been listed on Rocket Homes since January 17, 2025 and is currently priced at $449,900.
In March 2025 more than 21 listings in Kingsport, TN were sold above the asking price. During the same period more than 19 listings were sold at asking price, while more than 56 were sold below. The number of homes for sale in Kingsport, TN increased by 14.5% between February and March 2025. The median list price of listings available in March 2025 was $270,077, while the average time on the real estate market was 89 days.
From Rocket Homes Real Estate and based on county public records data.