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714 Mapleoak Ln 4 Unit Apartment Building Offered For Sale Kingsport, TN 37660
Executive Summary
Click here to access property page: https://kingsportquadplex.sharplaunch.com/
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
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
Property Facts
| Sale Type | Investment | No. Stories | 2 |
| No. Units | 4 | Year Built/Renovated | 1933/2020 |
| Property Type | Multifamily | Opportunity Zone |
Yes
|
| Building Size | 2,240 SF |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Building Size | 2,240 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1933/2020 |
| Opportunity Zone |
Yes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
1 1
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
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714 Mapleoak Ln
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