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5021 Emerald Drive
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5021 Emerald Drive
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5021 Emerald Drive

5021 Emerald Drive, Kingsport, TN 37664

$450,000
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.

Studio

4,596 Sq.Ft. LIVING AREA

0.76 Acres lot

Jennifer Lusk

Jennifer Lusk

Features & Amenities

Interior

  • total bedrooms0
  • Flooring Tile, Luxury Vinyl, Carpet, Laminate
  • APPLIANCES Dishwasher, Electric Range, Refrigerator
  • other interior Features See Remarks

Area & Lot

  • Status Sold
  • Date Sold October 30, 2025
  • Living Area4,596 Sq.Ft.
  • Total Area4,596 Sq.Ft.
  • Lot Area0.76 Acres
  • MLS® ID9987426
  • TypeMulti-Family
  • YEAR BUILT1983
  • NeighborhoodKingsport
  • Architecture StylesTownhouse, See Remarks
  • Elementary SchoolIndian Springs
  • Middle SchoolSullivan Central Middle
  • High SchoolWest Ridge

Exterior

  • STORIES2
  • water SourcePublic
  • roofShingle
  • parkingParking Pad
  • HEAT TYPEHeat Pump
  • AIR CONDITIONINGHeat Pump

Financial

  • Sales Price$450,000
  • Zoning R1

Kingsport

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Work with two full-time REALTORS® who combine proven experience, personalized guidance, and positive energy. From contracts and negotiations to advertising, inspections, and repairs, The Lusk Team is ready to support your entire move.

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