$10,000 Closing Credit¹
#9976255, Tiara Szczepan, Listing Office: KW Johnson City
Property details
About 893 New Beason Well Rd
Located in Kingsport, TN, Beason Well was built in 2003 and is comprised of 72 units. This affordable apartment community is 96% occupied and has a unit mix consisting of 2 and 3 bedroom units. Community amenities include on-site maintenance, a playground, breakfast/concierge area, and a picnic area. Each unit has washer / dryer hookups. Current average effective rent figures are at a 15% deficit of what could be collected if max rents were being charged. This property is part of a 148 unit, three property LIHTC portfolio being sold in East Tennessee.
Highlights
Home typeOther
HeatingCentral
StatusActive
CoolingCentral Air
Size78,524 sqft
Year built2003
ParkingOn Premise Parking
MLS #1292219
Summary
- MLS Number: 1292219
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: SVN I Wood Properties
- Office Phone: (865) 637-7777
- Office Email: marisa.hipsher@svn.com
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.
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Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
Copyright © 2025 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$6,120,000
893 New Beason Well Rd
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Price information
Property sales
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Tax history
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Nearby schools
4
Ketron Elementary School
Public District PK-5
1.3 mi
•3301 Bloomington Pike
6
Thomas Jefferson Elementary School
Public District PK-5
2.4 mi
•2216 Westmoreland Ave
7
Abraham Lincoln Elementary School
Public District PK-5
3.2 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 $34,091. Typical income of Kingsport, TN residents is less than $<35k annually. The most common type of family is married, no kids. Typical level of education for residents in this area is post secondary degree.
How much money do the neighbors make?
50%
<35k
37%
35k-100k
8%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
30%
Single, No Kids
10%
Single, with Kids
38%
Married, No Kids
22%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
9%
12-17 yrs old
15%
18-34 yrs old
43%
35-64 yrs old
20%
65+ yrs old
What do the neighbors do for fun?
Figure Skating
Pro Wrestling
Extreme Sports
Where do the neighbors shop?
Kmart
Wal-Mart
Academy Sports & Outdoors
Where do the neighbors go to eat?
Bob Evans
Sonic
Little Caesars
What do the neighbors drive?
Buick
Oldsmobile
Chevrolet
What do the neighbors listen to?
Oldies- Contemporary Inspirational
Country
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Kingsport, TN
About 893 New Beason Well Rd
This home is located at 893 New Beason Well Rd in Kingsport, TN and zip code 37660. This 78,524 square foot home was built in 2003. Features: 0 bathroom. It has been listed on Rocket Homes since March 10, 2025 and is currently priced at $6,120,000.
While more than 17 listings in Kingsport, TN in February 2025 were sold above asking price, there were more than 9 listings sold at asking price, and more than 46 were sold below. The number of listings in Kingsport, TN decreased by 3.5% between January and February 2025. The median list price of listings available in February 2025 was $269,905, while the average time on the real estate market was 67 days.
From Rocket Homes Real Estate and based on county public records data.