207 Cherry St, Mount Carmel, TN, 37645
About This Home
Investment opportunity in Mount Carmel! This well-maintained duplex features two spacious units, each offering 2 bedrooms, 1 full bathroom, and a full basement with a combination of finished and unfinished space, providing ample storage or additional flexibility. Major updates include a roof installed in 2014, plus brand-new HVAC systems and gutters for both units in 2025. Both units are currently vacant, making this an ideal opportunity for investors looking to establish rental income immediately or for an owner-occupant seeking to live in one unit while renting the other. Outside, enjoy a shared backyard featuring an in-ground pool and pool house, adding unique appeal to the property. Conveniently located near shopping, dining, schools, and Kingsport, this duplex is ready for its next owner. Grab your favorite Realtor and schedule a showing today! All info is deemed reliable but to be verified by Buyer and Buyer Agent.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Average
- Year built: 1979
Materials
- Roof: Metal
- Construction materials: Brick
Type & Style
- Home type: MultiFamily
- Architectural style: Raised Ranch,Ranch
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Electric Range,Microwave,Range,Refrigerator
- Laundry features: Electric Dryer Hookup,Washer Hookup
Basement
- Has basement: Yes
- Basement: Partially Finished,Walk-Out Access
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
Features
- Eat-in Kitchen
- Flooring: Luxury Vinyl,Laminate
Heating & Cooling
- Heating features: Heat Pump
- Cooling features: Central Air
Interior Area
- Total structure area: 3,750
- Total interior livable area: 3,750 sqft
Property
Details
- Parcel number: 022p F 007.01
- Attached to another structure: Yes
- Zoning: RM
Features
- Levels: Two,One
- Stories: 1
- Pool features: In Ground
- Patio & porch: Rear Porch
- Exterior features: Balcony
- Fencing: Back Yard,Privacy
- Topography of land: Level
Lot
- Lot size: 0.43 Acres
- Lot size dimensions: 125 x 150
Parking
- Total spaces: 2
- Parking features: Carport
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Lightning
- Cold Wave
- Inland Flooding
- Landslide
- Strong Wind
- Winter Weather
How This Home’s Risks Compare
FEMA Declared Disasters Across Tennessee Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $2,427 | $29,124 |
| Home Insurance | $247 | $2,964 |
| Property Taxes | $212 | $2,544 |
| Electricity | $304 | $3,656 |
| Total | $3,190 | $38,280 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Price change | $450,000 |
| 2026-08-03 | Listed for sale | $480,000 |
View on Zillow