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Brick Duplex with Pool
For Sale
$450,000

207 Cherry Street, Mount Carmel, TN 37645

Multi Family, Mount Carmel, TN

Property Size3,750 SF
Price / SF$120
Days on Market44

Property Features for 207 Cherry Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RM
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4, Basement
Parking features Carport
Patio and Porch features Porch
Interior features Balcony, Eat-in Kitchen
Fencing Privacy
Basement Walk-Out Access, Partially Finished
Appliances Electric Range, Microwave, Range, Refrigerator
Subdivision Walters Add
Elementary school Mt Carmel
Middle school Church Hill
High school Volunteer
Directions From W. Stone Drive turn right onto Hammond Avenue and continue for about 0.2 miles, then turn left onto Cherry Street. 207 Cherry Street will be on your left.
Standard status Active
APN 022p F 007.01
Size 3,750 SF

Taxes and HOA fees

Tax Annual Amount 1436

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Heat Pump (Heating)
Cooling system Central Air
Water source Public

Amenities

in-ground pool
pool house

Building Details

Year built 1979
Floors in Building 1
Number of units 2
Flooring type Laminate, Vinyl
Building materials Brick
Roof type Metal
Architectural style Ranch
Additional Structures Pool House
Listing Agency: Summit Properties
Listed By: Kelly West · License #331912
Added: Aug 3 Changed: Sep 13 Last Checked: Sep 15 at 3:06AM
MLS# 9999021

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1979, this brick ranch-style duplex contains 3,750 square feet across two separate residences. Each unit includes 2 bedrooms, 1 full bathroom, an eat-in kitchen, laminate and vinyl flooring, central air, heat-pump heating, and a full basement with both finished and unfinished areas. Balconies, porches, carport parking, and privacy fencing add to the functional layout. Both residences are currently vacant.

Property improvements include a metal roof installed in 2014, along with new HVAC systems and gutters for both units in 2025. The shared outdoor area includes an in-ground pool and pool house. Public water and public sewer serve the property, with cable available. Located at 207 Cherry Street in Mount Carmel, the duplex is near shopping, dining, schools, and Kingsport.

Key Highlights

  • Two‑unit duplex with 2 bedrooms and 1 full bathroom per residence
  • 3,750 square feet with full basements containing finished and unfinished areas
  • New HVAC systems and gutters installed for both units in 2025

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Auto Parts Store Hair Salon Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

122
Businesses Nearby

Demographics for 37645, TN

5,469
Population
2,115
Households
2.6
Avg Household Size
45
Median Age
15%
College-Educated
94%
High-School Grad
6.2 sq mi
ZIP Area
882
Density / Sq Mi
$71,336
Median Household Income
$37,757
Median Earnings
$804
Median Rent
$179,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Vacant two-unit property with updated mechanical systems, basement storage, and a shared backyard recreation area.
Where is this duplex located?
The property is located at 207 Cherry Street Mount Carmel, TN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 full bathroom per residence; 3,750 square feet with full basements containing finished and unfinished areas; New HVAC systems and gutters installed for both units in 2025
More about this property
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