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7050-7064 Armory Rd, Newport, TN 37821
About this home
Wonderful investment opportunity with triplex unit with each one being a 2 bedroom, 1 bathroom, with newer windows, metal roof, updated HVAC. All units are occupied on month to month. Also includes 7 large storage units and 1 small unit. Currently being leased for $75 per month for large units. All rentals are due increase to catch up to market value. There is room to expand the storage units and double the size or more.
Redfin Estimate
Market trends in 37821, TN
Last updated July 2026
Buyer's Market
Seller's Market
Balanced market
0 MoM
385 Gardenia Rd, Newport, TN 37821See all
Provided by Redfin
Sale history for 7050-7064 Armory Rd
$62/sq ft
$63/sq ft
$64/sq ft
$62/sq ft
$63/sq ft
$64/sq ft
$56/sq ft
$64/sq ft
Tax history for 7050-7064 Armory Rd
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Property details
Interior
- Virtual Tour
- Heating & Cooling
- Has Cooling
- Cooling: Ceiling Fan(s), Central Air, Heat Pump
- Has Heating
- Heating: Heat Pump, Central
- Interior Features
- Interior Features: Ceiling Fan(s)
- Appliances: Electric Range, Electric Water Heater, Range Hood, Refrigerator
- Fireplace Features: Metal
- Room Information
- Laundry Features: Main Level
- Basement Details: Crawl Space
Exterior
- Exterior Features
- Exterior Features: None
- Patio And Porch Features: None
- Building Information
- Construction Materials: Asphalt, Block, Vinyl Siding
- Property Information
- Property Type: Residential Income
- Property Sub Type: Triplex
- Raw Mls Property Sub Type: Triplex
- Lot Information
- Lot Size Dimensions: 329/218/343/222
- Lot Size Acres: 1.83
Financial
- Tax Information
- Tax Annual Amount: $150.71
Utilities
- Utility Information
- Water Source: Public
- Sewer: Septic Tank
Location
- Location Information
- Directions: 321 (Cosby Hwy) South to Left onto Armory Rd. Property on the left. See sign.
- Subdivision Name: Other
- Community Information
- Community Features: None
Public facts
- Beds: —
- Baths: 3.0
- Sq. Ft.: 3,612
- Stories: 1.0
- Lot Size: 1.83 acres
- Style: Multi-Family (2-4 Unit)
- Year Built: 1973
- Year Renovated: 1976
- County: Cocke County
- APN: 073 02600 000
Around this home
Schools
Public K-8 • Assigned • 5.2mi
Public 9-12 • Assigned • 3.5mi
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
Minimal risk of a flood reaching the building in the next 30 years
1% chance of being in a wildfire in next 30 years
7 days above 102° expected this year, 20 days in 30 years
Minor risk of severe winds over next 30 years
1 unhealthy days expected this year, 1 days in 30 years
Sun exposure
In this area, properties receive around 9.1 hours in June and 4.4 hours in December, placing it below the U.S. average for solar exposure.
Sell confidently with a local market expert in Newport. 3 minutes to get started.
Nearby similar homes
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Home values near 7050-7064 Armory Rd
| Address | Redfin Estimate |
|---|---|
- Beds | 1 Baths | 1260 Sq. Ft. | $261,615 |
- Beds | 2 Baths | 1444 Sq. Ft. | $263,342 |
| Address | Redfin Estimate |
|---|---|
- Beds | 1 Baths | 722 Sq. Ft. | $286,375 |
- Beds | 1 Baths | 1142 Sq. Ft. | $195,138 |
| Address | Redfin Estimate |
|---|---|
6 Beds | - Baths | 6312 Sq. Ft. | — |
- Beds | 1 Baths | 975 Sq. Ft. | $193,983 |
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