2482 Elk Way Newport, TN 37821
MULTI_FAMILY - Ranch - Newport, TN
Type:Single Family Residence
Property size:
3,561 SFLot size:
1.93 AcresPrice / SF:
$210/SF- Added:
- Jan 25, 2026
- Days on Market:
- 92
- Last Refresh:
- Apr 27 at 2:06 pm
Property Features for 2482 Elk Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Zoning
- Residential
- Bedrooms
- 6
- Bathrooms
- 8
- Rooms
- Bedroom 3, Bathroom 5, Bedroom 5, Bathroom 4, Bathroom 6, Bathroom 8, Bedroom 2, Bedroom 6, Bathroom 1, Bathroom 3, Bedroom 4, Bathroom 7, Bedroom 1, Bathroom 2
- Parking features
- Open, Paved or Surfaced
- Window features
- Double Pane Windows
- Patio and Porch features
- Deck, Porch
- Interior features
- Eat-in Kitchen, Kitchen Island, Laminate Counters, Open Floorplan
- Fireplace
- 1
- Appliances
- Cooktop, Dishwasher, Dryer, Electric Range, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 083 039.09
- Size
- 3,561 SF
- Lot size
- 1.93 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3398
Utilities
- Sewer type
- Septic Tank
- Heating system
- Heat Pump (Heating)
- Cooling system
- Heat Pump, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2000
- Floors in Building
- 2
- Number of units
- 4
- Flooring type
- Carpet, Laminate, Tile
- Building materials
- Vinyl Siding, Wood Siding
- Roof type
- Shingle
- Architectural style
- Ranch
Listing agent Don Fabrikant License #300538 (423) 237-1046
Listing office Country Living Realty 866 Shadowbrook Road, Parrottsville, TN (423) 430-9012
Listing date Jan 25, 2026
MLS# 9990572
Listing URL
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Turnkey Investment Property Near Smokies
This East Tennessee property features a fully leased tri-plex and a separate single-family residence. The tri-plex contains three 1-bedroom, 1.5-bath units, each with 1,187 square feet. The single-family home has 3 bedrooms and 4 baths with 2,569 square feet, a two-car garage, a newly built deck, and a partially fenced yard. The total lease for the four units combined is $5,900 monthly. Recent capital improvements include a new roof on both the tri-plex and house, and new HVAC systems on the tri-plex. The property includes 1.93 acres of open frontage land, offering future development or expansion potential, subject to zoning. The property is located near medical facilities, shopping, and dining. It is 53 minutes to Knoxville, 48 minutes to Pigeon Forge or Gatlinburg and only 45 minutes to Hot springs NC. This property is suited for either long-term or short-term rental strategies.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Triplexes
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Cocke
- State
- Tennessee
- Longitude
- -83.217116
- Latitude
- 35.889379
Nearby Similar for Sale
FAQs
What type of property is this?
Triplex - Income-producing triplex and single-family home near medical facilities.
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 $748,800.
What are key features of this property?
This property features: Income‑Producing Tri‑Plex + Single‑Family Home: Generates $5,900 monthly income.; Turnkey Investment: Immediate cash flow with multiple rental strategies.; **Mountain Views**: Enjoy enhanced appeal with front and rear views.
