Leased Tri-Plex with Mountain
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 Market56
Property Features for 2482 Elk Way
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
3
Bathrooms
5
Rooms
Bedroom 1, Bathroom 5, Bathroom 4, Bathroom 2, Laundry Room, Bathroom 1, Bathroom 6, Bedroom 2, Bathroom 3, Bedroom 3
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
Pending
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
Tile, Carpet
Building materials
Vinyl Siding, Wood Siding
Architectural style
Ranch
Listing Agency:
Country Living Realty
(423) 430-9012
Listed By:
Donald Fabrikant · License #300538
(423) 237-1046
Added: Jun 5
Changed: Jul 25
Last Checked: Jul 30 at 8:06AM
MLS# 711754
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.
Investment Insights
Based on property information with market context.
This income-producing tri-plex features mountain views from both the front and rear. The property includes three 1-bedroom, 1.5-bath units. It is described as fully leased and currently producing income. A recent capital improvement package includes a brand-new roof and new HVAC systems serving the tri-plex.
The tri-plex is located at 2482 Elk Way in Newport, Tennessee (Cocke County). The offering also notes proximity to medical facilities, shopping, and dining, along with open frontage land on a 0.78-acre lot.
According to the listing, the property is about 53 minutes to Knoxville, 48 minutes to Pigeon Forge or Gatlinburg, and approximately 45 minutes to Hot Springs, North Carolina.
The tri-plex is located at 2482 Elk Way in Newport, Tennessee (Cocke County). The offering also notes proximity to medical facilities, shopping, and dining, along with open frontage land on a 0.78-acre lot.
According to the listing, the property is about 53 minutes to Knoxville, 48 minutes to Pigeon Forge or Gatlinburg, and approximately 45 minutes to Hot Springs, North Carolina.
Key Highlights
- Income‑producing tri‑plex with three 1‑bedroom, 1.5‑bath units, each listed at 1,187 SF
- Recent capital improvements: brand‑new roof plus new HVAC systems on the tri‑plex
- Utilities include public water and a septic tank sewer system
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - Tri-plex with three 1-bedroom, 1.5-bath units; recent roof and HVAC improvements; leased for income.
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 three 1‑bedroom, 1.5‑bath units, each listed at 1,187 SF; Recent capital improvements: brand‑new roof plus new HVAC systems on the tri‑plex; Utilities include public water and a septic tank sewer system
