2482 Elk Way, Newport, TN 37821
MULTI_FAMILY - Newport, TN
- Added:
- Jun 8, 2026
- Days on Market:
- 2
- Last Refresh:
- Jun 9 at 8:06 pm
Property Features for 2482 Elk Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Rooms
- Bathroom 6, Bathroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bathroom 4, Bedroom 3, Bathroom 5, Bedroom 1
- Patio and Porch features
- Porch
- Exterior features
- Windows - Vinyl
- Appliances
- Dishwasher, Dryer, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 083 039.09
- Size
- 3,586 SF
- Lot size
- 0.78 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2154
Utilities
- Heating system
- Electric (Heating), Central, Heat Pump (Heating)
- Cooling system
- Ceiling Fan(s), Central Air
Building Details
- Year built
- 2000
- Number of units
- 3
- Flooring type
- Tile, Carpet
- Building materials
- Vinyl Siding, Frame
- Roof type
- Shingle
Listing agent Donald Fabrikant License #300538 (423) 430-9012
Listing office Country Living Realty 866 Shadow Brook Way, Parrottville, TN (423) 430-9012
Listing date Jun 8, 2026
Copyright © 2026 East Tennessee Realtors®. 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 3 fully leased 1‑bedroom, 1.5‑bath units
- Each unit offers 1,187 SF, for a total of 3,561 SF of living space
- Recent capital improvements include a brand‑new roof and new HVAC systems on the tri‑plex
- 0.78‑acre property with mountain views from both the front and rear
- Central air with heat pump/ electric heating; vinyl windows and vinyl siding exterior
- Kitchen appliances included: dishwasher, range, refrigerator, washer, and dryer
Overview
The tri-plex is located in Newport, TN, in Cocke County. The remarks indicate the property is near medical facilities, shopping, and dining, supporting tenant convenience. Travel time estimates provided in the listing place the property about 53 minutes from Knoxville and 48 minutes from Pigeon Forge or Gatlinburg.
For investors or owner-operators, the asset provides a compact, multi-unit structure with three independent residential units, allowing flexibility between longer-term and short-term rental strategies as noted in the listing. With income-producing occupancy and major system work already completed, this property is positioned for buyers seeking a hands-on investment that is ready to operate, while still offering the option to align future operations with prevailing rental preferences.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Cocke
- State
- Tennessee
- Longitude
- -83.217116
- Latitude
- 35.889379
