5021 Emerald Drive, Kingsport, TENNESSEE

$450,000

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4,596

Square feet

0.76

Acres

About 5021 Emerald Drive

Looking for a lucrative investment in the heart of the TriCities? Don't miss this one! Boasting 4 units, this 4500+ sqft building showcases a unique townhome style development situated at the end of the cul de sac with tons of potential. Currently generating a generous return, this property offers a value add opportunity with below market rents, turn key condition with room for improvements, and possibility for so much more! Individually metered and eligible for HUD, this property could be tailored to meet various investment strategies- consider affordable housing, elevate to upscale townhomes, or continue benefiting from the lucrative returns that are already being generated from this stable asset. Each unit offers a well maintained condition highlighted with a spacious floor plan, luxury vinyl flooring in most units, HVAC, and sliding glass doors leading to the secluded back patio. Strategically positioned in the county, yet located in the highly sought after Cooks Valley area, this property showcases an enviable location convenient to nearly everything with easy access on to Hwy 126, I-81, and much more! Whether you're a savvy investor looking to add a great asset to the portfolio, or aiming to live for free by house hacking, this property delivers unparalleled versatility and potential! Opportunities like this do not come up often and will not last long priced to sell at $450k. Don't miss your chance, and call today to take advantage of this opportunity! The information provided herein is deemed reliable but is collected from third party sources and subject to buyers, or buyers agent, verification.

Features of 5021 Emerald Drive

MLS® # 9987426
Price $450,000
Square Footage 4,596
Acres 0.76
Year Built 1983
Type Multi Family
Sub-Type Quadruplex
Style Townhouse, See Remarks
Status Pending

Community Information

Address 5021 Emerald Drive
Area 411 - Airport,Fall Crk,Cooks Valley,
City Kingsport
County Sullivan
State TENNESSEE
Zip Code 37664

Amenities

Garages Parking Pad
Is Waterfront No

Interior

Interior Features See Remarks
Appliances Dishwasher, Electric Range, Refrigerator
Heating Heat Pump
Cooling Heat Pump
Fireplace No
# of Stories 2
Stories Two
Has Basement No

Exterior

Exterior Brick
Lot Description Level
Roof Shingle

School Information

Elementary Indian Springs
Middle Sullivan Central Middle
High West Ridge

Additional Information

Date Listed October 23rd, 2025
Days on Market 1
Zoning R1
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeThe Addington Agency Bristol

Listing Map

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