2040 Sherwood Rd, Kingsport, TN, 37664
About This Home
Both units of this duplex being sold. Excellent location close to shopping, restaurants and schools. This property does need work but has great potential! Lock box on the front door of each unit.
Getting Around
Somewhat Walkable
Minimal Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Below Average
- Year built: 1940
Materials
- Foundation: Slab
- Roof: Shingle
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Basement
- Has basement: Yes
- Basement: Other
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Window features: Storm Window(s),Other
- Flooring: Tile,Laminate
Heating & Cooling
- Heating features: None
- Cooling features: None
Interior Area
- Total structure area: 0
Property
Details
- Parcel number: 061l D 003.00
- Attached to another structure: Yes
- Zoning: R 1B
Features
- Levels: One
- Stories: 1
- Patio & porch: Deck
- Topography of land: Level
Lot
- Lot size: 0.41 Acres
- Lot size dimensions: 103 x 172
Parking
- Parking features: Asphalt,Gravel
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,163 | $13,956 |
| Home Insurance | $107 | $1,284 |
| Property Taxes | $113 | $1,356 |
| Electricity | $175 | $2,103 |
| Total | $1,558 | $18,696 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-11 | Price change | $215,000 |
| 2026-06-25 | Listed for sale | $230,000 |
| 1995-02-27 | Sold | $18,000 |
| 1994-02-01 | Sold | $17,450 |
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