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2-Unit Multifamily Property
For Sale
$289,900

1757 Cottage Hill Circle, New Market, TN 37820

Residential Income, New Market, TN

Property SizeContact for details
Lot Size0.93 Acres
Days on Market192

Property Features for 1757 Cottage Hill Circle

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1
Appliances Electric Oven, Refrigerator
Directions Take highway 11 to the West towards Knoxville, the. Old AJ HWY once you hit New Market, then left onto Cottage Circle.
Standard status Active
APN 033 09700 000
Lot size 0.93 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 936

Utilities

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

Building Details

Year built 1958
Floors in Building 1
Number of units 2
Flooring type Vinyl
Building materials Brick
Roof type Asphalt
Listing Agency: Cook & Company Realty
Listed By: Jessee Cook
Added: Apr 20 Changed: Oct 27 Last Checked: Oct 28 at 12:06AM
MLS# 711176

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.

Rey
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Investment Insights

Based on property information with market context.

The property comprises a 1,073-square-foot, three-bedroom, one-bathroom house and a separate 660-square-foot studio accessory dwelling unit. Both residences have recent updates and are currently leased. The buildings occupy a 0.93-acre parcel and share one electric meter; the owner currently pays utilities.

Built in 1958, the house has brick construction, vinyl flooring, central heating, and central air conditioning with a heat pump. Public water and a septic system serve the property.

Key Highlights

  • Two residential units on a 0.93‑acre parcel
  • House: 1,073 square feet, with 3 bedrooms and 1 bathroom
  • Detached studio accessory dwelling unit: 660 square feet

Property Analytics

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Lease Details

2
Residential units
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

Frequently Asked Questions

What type of property is this?
Multifamily property - A detached studio dwelling accompanies a three-bedroom house on a shared parcel.
Where is this multifamily property 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 residential units on a 0.93‑acre parcel; House: 1,073 square feet, with 3 bedrooms and 1 bathroom; Detached studio accessory dwelling unit: 660 square feet
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