7050-7064 Armory Rd, Newport, TN
$ 399,900
Property Attributes
  • MLS#1239924
  • TypeMulti-Family
  • CountyCOCKE
  • CityNewport
  • AreaCocke County
  • NeighborhoodAl Hannon
  • Zip37821
  • StyleTriplex
  • Year Built1973
  • Taxes$ 1506
  • Price$ 399,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3612
Data Source:
Knoxville MLS (KAAR)
Property Description

ATTENTION INVESTORS! Fully leased triplex, each unit has two bedrooms and one bath. All units have long term tenants who are on a month to month lease. Rent was increased from $400/month to $800/month in August 2022. Tenants pay their own utilities, water is part of the electric bill. Each meter is separate with no owners panel. There is also seven large storage units and one small storage unit on the property, currently three are leased. Owner pays for lawn care and a security light on the property. Sitting on 1.83 acres, tons of potential!

Price History
9/16/2023 Listed $399,900

General Features

Appliances Range, Refrigerator, Smoke Detector
Area Cocke County - 39
Auction Y/n No
Construction Block, Frame
Cooling Central Cooling
Fuel Electric
Garage Features On Premise Parking
Heating Central, Heat Pump
Misc Features Washer/Dryer Connect
New Financing Cash, Conventional
Number of Units 3.00
Other Rooms Mstr Bdrm Main Level
Property Status N/A
Property SubType Other, Triplex
Property Type B
Subdivision Al Hannon
Utilities/Mo Avg 0.00
Year Built 1973

Interior Features

Floors Carpet, Laminate, Vinyl

Exterior Features

Driveway Asphalt
Siding Vinyl


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 37821

AVG $750K
AVG $1,584
AVG 146
Data Provided by Inside Real Estate®
Year Built
AVG 1994