714 Maple Oak Lane is a fully occupied, turnkey quadplex in Kingsport, Tennessee. The property delivers immediate cash flow from four individually metered units across 2,240 square feet, with many of the major capital improvements already completed. A new sewer and water line installed in 2025 eliminates one of the most significant deferred maintenance risks common in properties of this era, making this an exceptionally clean acquisition for a 1031 exchange buyer seeking a stabilized asset.Three of four units are currently rented below the Rentometer market average of $1,100/month, representing $10,200 in annual rent upside as leases turn - without any additional capital investment.Key features:New sewer & water line (2025), One fully furnished unit, Off-street parking, Separately metered utilities,100% occupied at close, Section 8 tenant (guaranteed income). $10,200 annual rent upside at market $83,475
Listed By
Agency Name: MRG Realty Partners
Agency Phone: 6519004386
Shown By
Agent Name: Estera Matis
Agent Phone: (866) 253-4666
Agency Title: Crye-Leike Real Estate Services
Estimated Payment
$ 108.75 per month $0.00 Principal & Interest $108.75 Property Tax $0.00 Homeowner's Insurance
714 Mapleoak Ln | MLS# 3210902
This multi-family property located at 714 Mapleoak Ln, Kingsport, TN 37660 is currently listed for sale with an asking price of call for price. Search Kingsport real estate on esteramatis.crye-leike.com today.