About This Home

This 1-bedroom, 1-bathroom single family at 121 E Cinder Alley in Newport, TN is listed for $119,000 ($131 per sqft). Built in 1940, the home offers 908 sqft of living space on a 0.34 acres lot.

Key Features

  • Built in 1940
  • 0.34 acre lot
  • 2 stories

Property Details

2 stories
1 full
1940
Listing Description

Investment Opportunity in Newport! This 908 sq ft home offers 1 bedroom, 1 bathroom, plus a large loft that adds valuable additional living space. With its manageable size and convenient Newport location, this property has great potential as a long-term rental, short-term rental, or affordable addition to an investment portfolio.

A solid opportunity for an investor looking for a property with plenty of upside at an approachable price point. Home has virtually staged/ altered in some photos to show finishing edits and drone photography used. As with any real estate transactions, buyer should conduct due diligence and verify all information. Information pulled from tax records and deemed highly reliable but guaranteed by listing agent/brokerage. Cash only.

Monthly Cost Estimate

$636/mo

20% down · 6.5% · 30 years

Principal$86
Interest$516
Insurance$35

Estimates only. Actual payments may vary.

Location

121 E Cinder Alley

Newport, TN 37821

Property Details

Heating

Ductless (Heating)

Cooling

DuctlessElectric

Appliances

Electric RangeMicrowaveRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom single family at 121 E Cinder Alley is listed at $119,000 ($131/sqft). The estimated monthly payment is $637 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1940, 0.34 acre lot, 2 stories.

This property is listed by Aaron McMahan.

AM

Aaron McMahan

Agent at DAYBREAK PROPERTY HOLDINGS

Listed by DAYBREAK PROPERTY HOLDINGS · Broker phone: 865 9641516 · View on Broker Site

MLS# 712864· Source: Lakeway Area Association of Realtors· 109 days on PropertySimple

Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 E Cinder Alley, Newport, TN 37821

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