Exceptional investment opportunity in the heart of Kingsport. Originally constructed as Riverfront Hospital, the city's first hospital, this historic apartment building has been thoughtfully updated while retaining its unique character. The property offers 10 residential units, including eight 2-bedroom apartments and two 1-bedroom apartments. Tenants are responsible for their own electric and water utilities. Overlooking the Holston River and Riverfront Park, the location is one of the property's greatest assets, providing both scenic views and convenient access to downtown amenities. Major capital improvements have already been completed. Approximately eight of the ten units were extensively renovated. During the renovations, much of the original plumbing was replaced. There are new appliances throughout many of the units, including washers and dryers in select apartments. This is a rare opportunity to acquire a historic, income-producing property with significant updates already completed in one of Kingsport's most desirable riverfront locations.
Single-familyProperty Type
1937Year Built
0.6 acresLot Size
$108Price/Sq.Ft.
Listed by The Old House Agent, Daniel Shew• Wallace
Boatyard Historic District, located between Downtown Kingsport and the Holston River waterfront, is a historic and walkable Kingsport neighborhood with early-20th-century streetscapes and river-town industrial echoes. Character concentrates around the Broad Street and Center Street area, where brick storefronts, murals, and sidewalk patios set a steady, social pace. The Kingsport Carousel anchors the district with a handcrafted, old-school draw. The Kingsport Farmers Market adds a weekly rhythm of local food and maker stalls. Nearby, the Kingsport Greenbelt frames the landscape with a long, linear path for walking and biking. Architecture leans toward restored commercial blocks and compact homes that keep daily errands close to the street.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Interior features
38 total rooms
Bathrooms
18 full bathrooms
Heating & cooling
Heat pump heating
Heat pump cooling
Exterior features
Sloped lot
Overlooks the Holston River
Directions: From I-81, take Exit 59A onto I-26 W/US-23 N toward Kingsport. Take Exit 1 (West Stone Dr), continue east, turn right onto Center St., then left onto Netherland Inn Rd. Continue approximately 1 mile. Property is on the right.
Attention investors. This Historic property in great location. Amazing investment potential. This apartment building contains 10 units. There are (8-2br and 2-1br). All tenants pay their own electric and water. Owner pays for landscaping and trash. Originally was Kingsport's 1st hospital 'Riverfront Hospital'. The Apartments overlook the Holston River and Riverfront Park! Pictures are prior to tenants moving in. Property will be sold in ''As Is'' condition. Information taken from CRS. Buyer and/or buyer's agent to verify all information.
Public Records
Mar 5, 2007
Sold
$375,000
$35/sq ft
Public Records
Apr 4, 2003
Sold
$350,000
$33/sq ft
Public Records
Mar 25, 2002
Sold
$285,000
$27/sq ft
Public Records
Aug 1, 2001
Sold
$310,000
$29/sq ft
Public Records
Mar 18, 1998
Sold
$310,000
$29/sq ft
Public Records
Jun 25, 1991
Sold
$275,000
$26/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,462 (+45.9%)
2024
$5,800 (+2.0%)
2023
$5,684
2022
$5,684 (+2.8%)
2021
$5,528 (−6.9%)
2020
$5,940
2019
$5,940 (+2.4%)
2018
$5,799
2017
$5,799 (+3.9%)
2014
$5,581
Public record
Public record
Zoning
Beds
—
Baths
12
Stories
1
Lot width
—
Lot depth
—
Lot size
0.59 Acres
Year renovated
1985
Finished Sq. Ft.
7,937
Unfinished Sq. Ft.
—
Total Sq. Ft.
7,937
Year built
1937
Style
Multi-Family (5+ Unit)
County
Sullivan County
APN
045K C 03300 000
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 21, 2026.
PVD
Planned Village District
The PVD, Planned Village District is designed to promote diversity and integration of uses and structures in a planned traditional neighborhood development through flexible design standards. This can be accomplished by promoting a variety of land uses, housing types, and density. This district is also created to avoid negative impacts of suburban sprawl by minimizing infrastructure costs, traffic congestion, and to encourage infill development.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Single unit
Housing-Multiple units
Office
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
5/10 Heat Factor
8 days above 101° expected this year, 23 days in 30 years
2/10 Wind Factor
Minor risk of severe winds over next 30 years
1/10 Air Factor
0 unhealthy days expected this year, 0 days in 30 years
Provided by First Street
Historical weather
Kingsport, TN • 37660
Average low and high temperatures (°F)
42
25
52
32
67
41
76
50
76
56
86
65
90
70
83
65
81
61
73
48
61
41
51
33
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 8.8 hours in
June and 4.4 hours in December, placing it below the
U.S. average for solar exposure.
8.8 hrs
4.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2000 Netherland Inn Rd
$1,122,697
$26K under list price of $1.15M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $305K to $699K.