Pending

$82,000

544 Prospect Ave, Newport, TN 37821

2beds

812sqft

$538/mo

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Single Family Residence, Residential

Built in 1930

6,098 Square Feet Lot

$-- Zestimate^®

$101/sqft

$-- HOA

What's special

Covered front porchFlexible floor plan

Opportunity awaits! This 2-bedroom, 1-bath home, originally built in the 1930s, offers excellent potential for investors, renovators, or entrepreneurs. Situated in a highly visible location, the property may be suitable for residential living, a small business, or mixed-use possibilities (subject to local zoning and approvals). The home requires repairs and updates and is being sold as-is, making it an ideal project for those looking to add value. Features include a covered front porch and a flexible floor plan. Bring your vision and transform this property into a residence, office, retail space, or income-producing investment. Buyer/Agent to very all information.

70 days

255

14

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 1
Full bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 2

Primary bedroom

Level: Main

Bedroom 2

Level: Main

Bathroom 1

Level: Main

Dining room

Level: Main

Kitchen

Level: Main

Laundry

Level: Main

Living room

Level: Main

Heating

None

Cooling

Wall/Window Unit(s), Window Unit(s), None

Appliances

Included: None

Features

Flooring: Carpet, Softwood
Has basement: No
Has fireplace: Yes
Fireplace features: Metal

Interior area

Total interior livable area: 812 sqft
Finished area above ground: 812
Finished area below ground: 0

Property

Accessibility

Accessibility features: Accessible Central Living Area

Features

Levels: One
Stories: 1
Patio & porch: Covered, Front Porch

Lot

Size: 6,098 Square Feet
Dimensions: 49 x 148/48 x 142

Details

Parcel number: 056B J 02001 000

Construction

Type & style

Home type: SingleFamily
Architectural style: Cottage,Traditional
Property subtype: Single Family Residence, Residential

Materials

Wood Siding
Foundation: Block

Condition

Fixer
New construction: No
Year built: 1930

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Water Available

Community & HOA

HOA

Has HOA: No
Amenities included: Laundry

Location

Region: Newport

Financial & listing details

Price per square foot: $101/sqft
Tax assessed value: $111,300
Annual tax amount: $841
Date on market: 8/14/2026
Electric utility on property: Yes

Estimated market value

Not available

Estimated sales range

Not available

$1,308/mo

Price history

Date	Event	Price
8/21/2026	Pending sale	$82,000$101/sqft
Source: Lakeway Area AOR #711890 Report a problem
8/14/2026	Listed for sale	$82,000$101/sqft
Source: Lakeway Area AOR #711890 Report a problem
7/9/2026	Pending sale	$82,000$101/sqft
Source: Lakeway Area AOR #711890 Report a problem
7/5/2026	Listed for sale	$82,000$101/sqft
Source: Lakeway Area AOR #711890 Report a problem
6/22/2026	Pending sale	$82,000$101/sqft
Source: Lakeway Area AOR #711890 Report a problem
6/17/2026	Listed for sale	$82,000+2633.3%$101/sqft
Source: Lakeway Area AOR #711890 Report a problem
1/2/2001	Sold	$3,000$4/sqft
Source: Agent Provided Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$841 +79.1%	$27,825 +194.4%
2024	$470	$9,450
2023	$470 -0.1%	$9,450
2022	$470	$9,450
2021	$470	$9,450
2020	$470 +14.3%	$9,450 +25.6%
2019	$412	$7,525
2018	$412 -0.1%	$7,525
2017	$412 -5.3%	$7,525
2016	$435 +31.2%	$7,525
2015	$332	$7,525
2014	$332	$7,525 -5.9%
2013	$332 +9.5%	$8,000 +0.3%
2011	$303	$7,979
2010	$303	$7,979
2009	--	$7,979 +11.2%
2008	$324	$7,178
2007	$324	$7,178
2006	$324	$7,178
2005	$324 -19.6%	$7,178
2004	$403 +26%	$7,178 +26%
2002	$320	$5,695

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

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Climate risks

Neighborhood: 37821

Getting around

54 / 100

Somewhat Walkable

11 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Newport Grammar School
Grades: PK-8Distance: 0.6 mi

Schools provided by the listing agent

Elementary: Newport Grammar

Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.