2482 Elk Way, Newport, TN 37821
MULTI_FAMILY - Ranch - Newport, TN
- Added:
- Jun 5, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 15 at 5:06 am
Property Features for 2482 Elk Way
General Information
- Property type
- Residential Multi Family
- Property subtype
- Single Family Residence
- Bedrooms
- 3
- Bathrooms
- 5
- Rooms
- Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 3, Bathroom 5, Bathroom 6, Bathroom 4, Laundry Room, Bedroom 2, Bathroom 2
- Window features
- Vinyl Frames, Double Pane Windows
- Patio and Porch features
- Porch
- Interior features
- Eat-in Kitchen, High Speed Internet
- Exterior features
- Awning(s), Rain Gutters
- Appliances
- Dryer, Dishwasher, Electric Cooktop, Electric Range, Electric Water Heater, Refrigerator, Washer
- Standard status
- Active
- APN
- 083 039.09
- 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)
- Cooling system
- Heat Pump, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2000
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Carpet, Tile
- Building materials
- Vinyl Siding, Wood Siding
- Architectural style
- Ranch
Listing agent Donald Fabrikant License #300538 (423) 237-1046
Listing office Country Living Realty 866 Shadowbrook Way, Parrottsville, TN (423) 430-9012
Listing date Jun 5, 2026
Copyright © 2026 Lakeway Area Association of 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 three 1‑bedroom, 1.5‑bath units, each 1,187 SF
- All three units are currently producing income with a fully leased setup
- Recent capital improvements include a brand‑new roof and new HVAC systems on the tri‑plex
- 0.78‑acre property with open frontage land plus porch and rain gutters
- Utilities: public water and septic tank sewer service
- Built in 2000 (ranch style) with heat pump heating/cooling and ceiling fans
Overview
The triplex sits on an open frontage land area totaling 0.78 acres. Public remarks also describe mountain views from both the front and rear of the property. The listing is located in Newport, Tennessee within Cocke County, with access to nearby medical facilities, shopping, and dining noted as part of the surrounding convenience.
For buyers seeking a manageable multifamily setup, this configuration offers multiple revenue-producing units under one roof while maintaining a straightforward rental mix. With a brand-new roof and new HVAC systems called out as recent capital improvements, the next owner can plan around major system replacements. The three distinct leased units may also support flexible operating decisions for long-term or short-term rental strategies, consistent with the property’s stated suitability in the listing materials.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newport
- County
- Cocke
- State
- Tennessee
- Longitude
- -83.217116
- Latitude
- 35.889379
