For sale

$235,000

659 7th St, Newport, TN 37821

2beds

1,188sqft

$1,476/mo

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Duplex, Multi Family

Built in 1955

-- sqft lot

$-- Zestimate^®

$198/sqft

$-- HOA

What's special

Modern neutral finishesNew roofVinyl plank flooring throughout

Great Opportunity for Investors or buyers wanting a turnkey rental! Fully leased duplex generating $1400/per month with documented rental history and consistent occupancy for the past two years. Each renovated 1 bedroom, 1 bath unit features modern, neutral finishes, vinyl plank flooring throughout, updated kitchen cabinets and appliances. In addition, Unit 1 was a total and complete renovation including new wiring, plumbing, walls, and windows. The property has a new roof and new mini-split HVAC systems less than 3 years old. This property is conveniently located in Newport City limits within walking distance from Newport Grammar School. This property offers immediate cash flow with minimal maintenance needed. Current rents provide stable cash flow with potential for future rental growth.

20 hours

73

9

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Heating

Ductless, Electric

Cooling

Ceiling Fan(s), Ductless, Electric

Appliances

Included: Electric Oven, Electric Water Heater, Refrigerator
Laundry: Electric Dryer Hookup, Main Level, Washer Hookup

Features

Ceiling Fan(s), Laminate Counters
Flooring: Luxury Vinyl
Windows: Vinyl Frames
Has fireplace: Yes
Fireplace features: Metal
Common walls with other units/homes: No Common Walls

Interior area

Total structure area: 1,188
Total interior livable area: 1,188 sqft
Finished area above ground: 594
Finished area below ground: 594

Property

Features

Levels: Two
Stories: 2
Patio & porch: Front Porch
Exterior features: Rain Gutters
Fencing: None

Lot

Size: 4,356 Square Feet
Dimensions: 50 x 90 x 50 x 90
Features: City Lot

Details

Parcel number: 056F C 00500 000

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Block, Vinyl Siding
Foundation: Block

Condition

Updated/Remodeled
New construction: No
Year built: 1955

Utilities & green energy

Electric: 220 Volts in Laundry, Circuit Breakers
Sewer: Public Sewer
Water: Public
Utilities for property: Cable Available, Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected

Community & HOA

HOA

Has HOA: No

Location

Region: Newport

Financial & listing details

Price per square foot: $198/sqft
Annual tax amount: $1,476
Date on market: 8/5/2026
Tenant pays: All Utilities, Cable TV, Electricity, Hot Water, Telephone, Water
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
8/5/2026	Listed for sale	$235,000$198/sqft
Source: Lakeway Area AOR #712486 Report a problem

Public tax history

Tax history is unavailable.

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.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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Climate risks

Neighborhood: 37821

Getting around

16 / 100

Car-Dependent

7 / 100

Somewhat Bikeable

Nearby schools

GreatSchools rating

7/10
Newport Grammar School
Grades: PK-8Distance: 0.5 mi

Schools provided by the listing agent

Elementary: Newport Grammar
High: Cocke

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