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Duplex with Detached Studio
For Sale
$289,900

1757 Cottage Hill Circle, New Market, TN 37820

Multi Family, New Market, TN

Property Size1,733 SF
Lot Size0.93 Acres
Price / SF$167.28
Days on Market178

Property Features for 1757 Cottage Hill Circle

General Information

Property type Residential Multi Family
Property subtype Other
Zoning residential
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 4, Bedroom 3, Bathroom 2, Bathroom 1, Bedroom 2
Parking features Driveway
Appliances Convection Oven, Refrigerator
Elementary school Mount Horeb
Middle school Jefferson Middle
High school Jefferson
Directions West on HWY 11 headed towards Knoxville, then left onto Old AJ HWY, Then left onto cottage circle.
Standard status Active
APN 033 09700 000
Size 1,733 SF
Lot size 0.93 Acres

Taxes and HOA fees

Tax Annual Amount 755

Utilities

Sewer type Septic Tank
Heating system Heat Pump (Heating)
Cooling system Central Air, Heat Pump
Water source Public

Building Details

Year built 1958
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Block, Brick
Listing Agency: Cook and Company Realty
Listed By: Jessee Cook · License #358637
Added: Apr 20 Changed: Oct 5 Last Checked: Oct 14 at 2:06PM
MLS# 9994151

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.

The property comprises a three-bedroom, one-bathroom home with 1,073 square feet and a detached studio dwelling with 660 square feet. Together, the two units contain 1,733 square feet on a 0.93-acre parcel. Both dwellings have received recent updates and are currently leased. A single electric meter serves the property, and the owner currently covers utilities.

Located at 1757 Cottage Hill Circle in New Market, Tennessee, the property has driveway parking, public water, and septic service. Seller financing and a lease-option arrangement may be considered.

Key Highlights

  • Two units: a 3‑bedroom, 1‑bathroom home and a detached studio
  • Main residence contains 1,073 square feet; detached studio has 660 square feet
  • 1,733 square feet of combined living area

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Building Supply Real Estate Agency Big Box & Wholesale Store Electrical Service Garden Center HVAC Service

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
100%
Occupancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

76
Businesses Nearby

Demographics for 37820, TN

7,991
Population
3,485
Households
2.3
Avg Household Size
44
Median Age
16%
College-Educated
89%
High-School Grad
67.6 sq mi
ZIP Area
118
Density / Sq Mi
$62,901
Median Household Income
$38,750
Median Earnings
$853
Median Rent
$193,500
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 - Two residential dwellings share a parcel, with the smaller unit set apart from the main home.
Where is this duplex located?
The property is located at 1757 Cottage Hill Circle New Market, TN.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: Two units: a 3‑bedroom, 1‑bathroom home and a detached studio; Main residence contains 1,073 square feet; detached studio has 660 square feet; 1,733 square feet of combined living area
More about this property
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