2482 Elk Way, Newport, TN 37821
MULTI_FAMILY - Ranch - Newport, TN
- Added:
- Jun 5, 2026
- Days on Market:
- 5
- Last Refresh:
- Jun 9 at 9:06 pm
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 2, Bathroom 4, Bathroom 5, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- 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
- Active
- 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, Central Air, Ceiling Fan(s)
- 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 agent Don Fabrikant License #300538 (423) 237-1046
Listing office Country Living Realty 866 Shadowbrook Road, Parrottsville, TN (423) 430-9012
Listing date Jun 5, 2026
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.
HighLights
- Income‑producing tri‑plex with three 1‑bedroom, 1.5‑bath units (1,187 SF each)
- All units currently producing income and suitable for long‑term or short‑term rental strategies
- Recent capital improvements: brand‑new roof and new HVAC systems on the tri‑plex
- Ranch‑style property built in 2000 with central heating and cooling, plus ceiling fans
- Public water supply and septic tank sewer
- 0.78‑acre property with open frontage land; located about 48 minutes to Pigeon Forge or Gatlinburg and 53 minutes to Knoxville
Overview
The property is located in Newport, Tennessee in Cocke County, within residential zoning. The seller notes the tri-plex is positioned near medical facilities as well as shopping and dining. The general area also places the property within driving time of Knoxville, Pigeon Forge/Gatlinburg, and Hot Springs, NC.
For buyers seeking a residential income asset, the current configuration provides immediate rental utility through three income-producing units. The layout is well suited for either long-term rental occupancy or short-term rental use, depending on an operator’s strategy. With system upgrades already completed and the property presented as turnkey, it offers a straightforward platform for maintaining and operating a small multifamily portfolio.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Cocke
- State
- Tennessee
- Longitude
- -83.217116
- Latitude
- 35.889379
