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2482 Elk Way, Newport, TN, 37821
Leased Tri-Plex with Mountain Views

2482 Elk Way Newport, TN 37821

For Sale
$379,999
Pending

MULTI_FAMILY - Ranch - Newport, TN

Property Size3,561 SF
Lot Size0.78 Acres
Days on Market51

Property Features for 2482 Elk Way

General Information

Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
Residential
Bedrooms
3
Bathrooms
5
Rooms
Bedroom 1, Bathroom 5, Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bathroom 3, Bedroom 3
Parking features
Paved or Surfaced
Window features
Double Pane Windows
Patio and Porch features
Porch
Interior features
Eat-in Kitchen, Laminate Counters, Open Floorplan
Appliances
Cooktop, Dishwasher, Dryer, Electric Range, Range, Refrigerator, Washer
Standard status
Pending
APN
083 039.09
Size
3,561 SF
Lot size
0.78 Acres

Taxes and HOA fees

Tax Annual Amount
2154

Utilities

Sewer type
Septic Tank
Heating system
Central, Heat Pump (Heating)
Cooling system
Heat Pump, Ceiling Fan(s), Central Air
Water source
Public

Building Details

Year built
2000
Floors in Building
2
Number of units
3
Flooring type
Tile, Carpet
Building materials
Vinyl Siding, Wood Siding
Roof type
Shingle
Architectural style
Ranch
Listing Agency: Country Living Realty
Listed By: Don Fabrikant · License #300538
Added: Jun 5 Changed: Jul 25 Last Checked: Jul 25 at 8:06AM
MLS# 9996552

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.


Investment Insights

Based on property information with market context.

This tri-plex at 2482 Elk Way, Newport, TN 37821 includes three leased units, each configured as a 1-bedroom, 1.5-bath layout. The property is described as a 3-unit investment with mountain views from both the front and rear. Recent capital improvements include a brand-new roof and new HVAC systems serving the tri-plex.

Set on an approximately 0.78-acre lot, the property is listed as a residentially zoned income asset in Cocke County. The seller notes proximity to area retail and dining and highlights drive times of about 53 minutes to Knoxville and 48 minutes to Pigeon Forge or Gatlinburg, with about 45 minutes to Hot Springs, NC.

Key Highlights

  • Income‑producing tri‑plex with mountain views front and rear, offering three 1‑bedroom, 1.5‑bath units
  • Each unit includes 1,187 SF and is currently producing income
  • Recent improvements: brand‑new roof and new HVAC systems on the tri‑plex

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Electrical Service Grocery & Convenience Store Hair Salon Nail Salon Barber Shop Gym & Fitness Center Restaurant Cafe & Coffee Shop Discount Store Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three leased 1-bedroom, 1.5-bath units in a tri-plex with mountain views at both front and rear.
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 mountain views front and rear, offering three 1‑bedroom, 1.5‑bath units; Each unit includes 1,187 SF and is currently producing income; Recent improvements: brand‑new roof and new HVAC systems on the tri‑plex
More about this property
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