714 Maple Oak Lane
Kingsport, TN 37660
Executive Summary
- Address 714 Maple Oak Lane, Kingsport TN
- Total Sqft 2,240
- Units 4
- Unit Mix 1BD/1BA
Investment Highlights
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 all 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 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
