Renovated Duplex Investment
New
For Sale
$235,000
659 7th Street, Newport, TN 37821
MULTI_FAMILY - Newport, TN
Property Size1,188 SF
Lot Size0.10 Acres
Price / SF$197.81
Days on Market3
Property Features for 659 7th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1
Window features
Vinyl Frames
Patio and Porch features
Porch
Interior features
Ceiling Fan(s), Laminate Counters
Exterior features
Rain Gutters
Fireplace
1
Appliances
Electric Oven, Electric Water Heater, Refrigerator
Lot features
City Lot
Elementary school
Newport Grammar
High school
Cocke
Directions
Head southeast on 25/70 toward downtown Newport continue straight on West Broadway St for about 1.8 miles, turn right on Woodlawn Ave, turn left on 7th St proceed past standard cross streets, property will be located on the left.
Standard status
Active
APN
056F C 00500 000
Size
1,188 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
Buda Overholt
Tax Annual Amount
1476
Legal Description
Buda Overholt
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Ductless (Heating), Electric (Heating)
Cooling system
Ductless, Ceiling Fan(s), Electric
Water source
Public
Building Details
Year built
1955
Floors in Building
2
Number of units
2
Flooring type
Vinyl
Building materials
Block, Vinyl Siding
Listing Agency:
Keller Williams Properties · Keller Williams Realty
(423) 616-0806
Listed By:
Lisa Ann Herndon
(423) 465-2647
Added: Aug 4
Changed: Aug 6
Last Checked: Aug 6 at 10:06AM
MLS# 712486
Copyright © 2026 Lakeway Area Association of Realtors. 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.
This 1,188-square-foot duplex, built in 1955, contains two one-bedroom, one-bath units on a 0.1-acre lot. Both residences have been renovated with neutral finishes, vinyl plank flooring, updated kitchen cabinetry, electric ovens, refrigerators, laminate counters, and ceiling fans. Unit 1 received a comprehensive renovation that included new wiring, plumbing, walls, and windows.
Property improvements include a new roof and ductless mini-split HVAC systems installed less than 3 years ago. Additional features include porches, rain gutters, block and vinyl siding, public water, and public sewer. The duplex is fully leased and located within Newport city limits, within walking distance of Newport Grammar School, at 659 7th Street in Newport, Tennessee.
Property improvements include a new roof and ductless mini-split HVAC systems installed less than 3 years ago. Additional features include porches, rain gutters, block and vinyl siding, public water, and public sewer. The duplex is fully leased and located within Newport city limits, within walking distance of Newport Grammar School, at 659 7th Street in Newport, Tennessee.
Key Highlights
- Two one‑bedroom, one‑bath units totaling 1,188 square feet
- Fully leased duplex with documented rental history and consistent occupancy for the past two years
- Unit 1 comprehensively renovated with new wiring, plumbing, walls, and windows
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
498
Businesses Nearby
Explore this area
Business Placement
Demographics for 37821, TN
22,928
Population
10,897
Households
2.1
Avg Household Size
44
Median Age
9%
College-Educated
84%
High-School Grad
129.8 sq mi
ZIP Area
177
Density / Sq Mi
$45,350
Median Household Income
$34,307
Median Earnings
$789
Median Rent
$127,800
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased duplex with updated interiors, separate one-bedroom units, and recent major system improvements.
Where is this duplex located?
The property is located at 659 7th Street Newport, TN.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two one‑bedroom, one‑bath units totaling 1,188 square feet; Fully leased duplex with documented rental history and consistent occupancy for the past two years; Unit 1 comprehensively renovated with new wiring, plumbing, walls, and windows
