Tri-Plex with Mountain
2482 Elk Way Newport, TN 37821
2482 Elk Way, Newport, TN, 37821
$379,999
For Sale
$379,999
MULTI_FAMILY - Newport, TN
Property Size3,551 SF
Lot Size0.78 Acres
Price / SF$107.01
Days on Market187
Property Features for 2482 Elk Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 6
- Rooms
- Bedroom 1, Laundry Room, Bathroom 1, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 6, Bedroom 2, Bathroom 5, Bathroom 3
- Patio and Porch features
- Porch
- Interior features
- Walk-In Closet(s)
- Standard status
- Active
- Lot size
- 0.78 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 2154
Utilities
- Sewer type
- Septic Tank
- Heating system
- Heat Pump (Heating)
- Water source
- Public
Building Details
- Year built
- 2000
- Floors in Building
- 2
- Flooring type
- Carpet, Tile
- Building materials
- Wood Siding, Vinyl Siding, T111 Siding, Stucco
- Roof type
- Asphalt
Listing agency
Country Living Realty
(423) 237-1046
Listed by
Donald Fabrikant · License #300538
(423) 237-1046
Added: Jan 15 Updated: Jul 12 at 2:38AM Checked: Jul 21 at 9:06AM
MLS# 11637566
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale tri-plex features three separate 1-bedroom, 1.5-bath units configured to generate rental income. The property is described as having mountain views from both the front and rear, and the additional open frontage land supports flexibility for the next owner. Recent capital improvements include a brand-new roof and new HVAC systems on the tri-plex, designed to reduce near-term maintenance and capital expense.
The property is located in Newport, Tennessee (Cocke County) at 2482 Elk Way, and the remarks note proximity to medical facilities, shopping, and dining. Travel times provided in the listing include approximately 53 minutes to Knoxville and about 45 minutes to Hot Springs, NC, as well as roughly 48 minutes to Pigeon Forge or Gatlinburg.
With three currently leased units producing income, this asset may appeal to buyers seeking a straightforward rental portfolio addition. The listing also notes that the setup can support either long-term or short-term rental strategies, offering operational flexibility while keeping the property’s core systems and roof within the recent upgrade window.
The property is located in Newport, Tennessee (Cocke County) at 2482 Elk Way, and the remarks note proximity to medical facilities, shopping, and dining. Travel times provided in the listing include approximately 53 minutes to Knoxville and about 45 minutes to Hot Springs, NC, as well as roughly 48 minutes to Pigeon Forge or Gatlinburg.
With three currently leased units producing income, this asset may appeal to buyers seeking a straightforward rental portfolio addition. The listing also notes that the setup can support either long-term or short-term rental strategies, offering operational flexibility while keeping the property’s core systems and roof within the recent upgrade window.
Key Highlights
- Income‑producing tri‑plex with three 1‑bedroom, 1.5‑bath units
- Each unit is 1,187 SF
- Recent capital improvements include a brand‑new roof and new HVAC systems
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Triplex - Fully leased tri-plex with three 1-bedroom units and recent roof and HVAC upgrades on 0.78 acres.
Where is this triplex located?
The property is located at 2482 Elk Way Newport, TN.
What is the asking price?
The asking price for this property is $379,999.
What are key features of this property?
This property features: Income‑producing tri‑plex with three 1‑bedroom, 1.5‑bath units; Each unit is 1,187 SF; Recent capital improvements include a brand‑new roof and new HVAC systems
