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Renovated Duplex With New Roof
For Sale
$215,000

659 7th St, Newport, TN 37821

Fully leased duplex with two updated one-bedroom units and recent mechanical improvements.

Property Size594 SF
Price / SF$361.95
Days on Market17

Property Features for 659 7th St

General Information

Standard status Active
Size 594 SF
Property subtype Residential Income
Occupancy 100%

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $1,476
Listing Agency: Keller Williams Properties
Listed By: Lisa Ann Herndon
Source: Exprealty
Added: Aug 4 Changed: Aug 16 Last Checked: Aug 19 at 2:32PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Properties

Investment Insights

Based on property information with market context.

This duplex contains two one-bedroom, one-bath units, each updated with neutral finishes, vinyl plank flooring, refreshed kitchen cabinetry, and appliances. Unit 1 received a comprehensive renovation that included new wiring, plumbing, walls, and windows. The property also has a new roof and mini-split HVAC systems installed less than 3 years ago.

Both units are leased, with documented rental history and consistent occupancy over the past two years. The property is within Newport city limits and is within walking distance of Newport Grammar School. The recorded property size is 594 square feet.

Key Highlights

  • Two 1‑bedroom, 1‑bath units
  • Unit 1 fully renovated with new wiring, plumbing, walls, and windows
  • New roof and mini‑split HVAC systems less than 3 years old

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Electrical Service Kitchen & Bath Showroom Bakery (Bike/Boat/Book/etc) Store

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

Location Intelligence

Trade Area within ½ mile

169
Businesses Nearby

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

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

What type of property is this?
Duplex - Fully leased duplex with two updated one-bedroom units and recent mechanical improvements.
Where is this duplex located?
The property is located at 659 7th St Newport, TN.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two 1‑bedroom, 1‑bath units; Unit 1 fully renovated with new wiring, plumbing, walls, and windows; New roof and mini‑split HVAC systems less than 3 years old
More about this property
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