$775,000

300 E Sullivan St Kingsport, TN 37660

$9,203
Closing credit¹
0.07 acres
Multi-Family

Property details

About 300 E Sullivan St

Seize this rare opportunity to own a partially renovated mixed-use building in the heart of downtown Kingsport, located in a Tax Opportunity Zone—offering significant financial incentives for restoration and development! This property features three spacious residential lofts upstairs, a 2-bedroom, 1-bath unit downstairs, and a high-visibility ground-floor retail space—a perfect setup for maximizing rental income or creating a live-work space. Drywall is currently being installed, bringing this project one step closer to completion. With brand-new plumbing and electrical systems already in place, the heavy lifting is done—now it's your chance to bring your vision to life! The lofts boast high ceilings and oversized windows, creating bright, modern living spaces. The retail storefront enjoys excellent foot traffic and exposure, making it ideal for a business or leasing opportunity. Adding to the value, the building comes with in-box appliances and fixtures ready for installation, giving you the freedom to customize the interiors to your style and specifications. Situated in prime downtown Kingsport, this property is just steps from shops, restaurants, and cultural landmarks, making it an attractive option for tenants and business owners alike. As renovations progress, property values will only increase—act now to secure this high-potential investment before it's gone! Don't miss this chance to create a premier income-producing property—schedule your tour today!

Highlights

Home typeMulti Family
HeatingHeat Pump
StatusActive
CoolingHeat Pump
Lot size0.07 Acres
Year built1920
MLS #9972460

Summary

  • Architectural Style: Other
  • Heating: Heat Pump
  • Cooling: Heat Pump
  • List Price: $775,000
  • Annual Tax Amount: $1,775
  • Tax Year: 2022
  • Directions: E Center St to North on Cherokee St, property on corner of Cherokee and E Sullivan
  • Year Built: 1920
  • Lot Size: 0.07 Acres
  • MLS Number: 9972460
  • MLS Name: Tennessee/Virginia Regional MLS
  • Office Name: Century 21 Legacy Col Hgts
  • Office Phone: (423) 239-6112
  • Office Email: dmcmeansrealtor@gmail.com
  • Listing Agent: Lisa Scott

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: 5/27/2025, 1:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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300 E Sullivan St, Kingsport, TN 37660 - view of property

$775,000

300 E Sullivan St

$9,203

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Feb 01, 2022
Home Sold
$305,000

Tax history

YearAssessmentProperty Tax
2023$40,320$-
2022$40,320$1,775
2021$40,320$1,775
2020$40,320$970
2019$37,080$1,678
2018$37,080$1,678
2017$37,080$1,408

History based on county public records data.

Nearby schools

4

Andrew Jackson Elementary School

Public District KG-5

0.6 mi

600 Jackson St

7

Theodore Roosevelt Elementary School

Public District KG-5

1.2 mi

1051 Lake St

7

Abraham Lincoln Elementary School

Public District PK-5

1.4 mi

1000 Summer St

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $27,090. The most common annual income of people living in Kingsport, TN is less than $<35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

65%
<35k
31%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

57%
Single, No Kids
12%
Single, with Kids
20%
Married, No Kids
11%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

12%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
42%
35-64 yrs old
17%
65+ yrs old

What do the neighbors do for fun?

  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing
  • Pro BoxingPro Boxing

Where do the neighbors shop?

  • Family DollarFamily Dollar
  • Big LotsBig Lots
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Burger KingBurger King
  • Golden CorralGolden Corral
  • PopeyesPopeyes

What do the neighbors drive?

  • BuickBuick
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • JazzJazz
All data provided by Home Junction and Claritas

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 300 E Sullivan St

This home is located at 300 E Sullivan St in Kingsport, TN and zip code 37660. Features: 0 bathroom. It has been listed on Rocket Homes since October 18, 2024 and is currently priced at $775,000.

Kingsport, TN housing market in April 2025 saw over 15 listings sold above listed price, more than 23 sold at listed price and over 61 sold below. The number of listings in Kingsport, TN increased by 3.1% between March and April 2025. The median list price of listings available in April 2025 was $270,284, while the average time on the real estate market was 80 days.

From Rocket Homes Real Estate and based on county public records data.

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