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Newport, TN Multifamily Properties for Sale

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Turnkey Investment Opportunity Near Smokies
$748,800
6,133 SF

Turnkey Investment Opportunity Near Smokies

2482 Elk Way, Newport, TN 37821

Income-producing tri-plex and single-family home near medical facilities.

  • Income‑producing tri‑plex and single‑family home, both currently leased, offering immediate cash flow.
  • Recent major capital improvements: new roof on both buildings and new HVAC systems on the tri‑plex, reducing near‑term maintenance costs.
  • Enjoy mountain views from both the front and rear of the property.
  • Located near medical facilities, shopping, and dining, with convenient access to Knoxville, Pigeon Forge, Gatlinburg, and Hot Springs, NC.
  • Tri‑plex units are well‑suited for long‑term or short‑term rental strategies.
Updated: Jan 27
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Turnkey Investment Opportunity Near Smokies
$748,800
3,561 SF

Turnkey Investment Opportunity Near Smokies

2482 Elk Way, Newport, TN 37821

Income-producing tri-plex and single-family home near medical facilities and shopping.

  • Income‑Producing Tri‑Plex + Single‑Family Home: Generates immediate cash flow.
  • Recent Capital Improvements: New roof on all buildings and new HVAC systems on the tri‑plex.
  • Enjoy Mountain Views from both front and rear.
  • 1.93 acres with open frontage offers Development Potential (subject to zoning).
  • Fully Leased: All units are currently leased, providing a turnkey investment.
Updated: Jan 27
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Turnkey Investment Opportunity Near Smokies
$748,800
1,187 SF

Turnkey Investment Opportunity Near Smokies

Income-producing tri-plex and single-family home near medical facilities.

2482 Elk Way, Newport, TN 37821
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Newport Duplex with Mountain Views
$489,000
17.00 Acres

Newport Duplex with Mountain Views

Turnkey investment property with two rental units on 17 acres.

385 Gardenia Rd, Newport, TN 37821
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Based on your search, we've compiled 31 Potential Opportunities for your consideration. Besides 4 Active listings in Newport, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 19 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Riverfront Cabins in Cosby, TN
$450,000
2,040 SF

Riverfront Cabins in Cosby, TN

Income-producing property with two cabins on Cosby Creek.

2741-2743 Cosby Hwy, Cosby, TN 37722
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Riverfront Cabins in Cosby, TN
$450,000
2,340 SF

Riverfront Cabins in Cosby, TN

Two income-producing cabins on Cosby Creek, near Gatlinburg and Pigeon Forge.

2745-2727 Cosby Hwy, Cosby, TN 37722
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Gatlinburg Resort Community Lot
$115,000

Gatlinburg Resort Community Lot

Deeded lot in gated resort community near Smoky Mountains.

4229 Parkway E, Gatlinburg, TN 37738
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RV Lot in Gated Community
$80,000
0.02 Acres

RV Lot in Gated Community

RV lot with amenities near Great Smokey Mountains.

4229 Parkway E, Gatlinburg, TN 37738
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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Level Pasture Land with Creek
Pending
$52,400
2.00 Acres

Level Pasture Land with Creek

Two acres of level pasture land with creek near attractions.

440 Mtn Lk Way, Newport, TN 37821
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Acre Mobile Home Friendly Lot
$36,500
1.04 Acres

Acre Mobile Home Friendly Lot

1.04 acre wooded lot ready for your vision!

1282 Applewood Rd, Newport, TN 37821
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Acre Lot Near Smoky Mountains
$36,500
1.04 Acres

Acre Lot Near Smoky Mountains

1.04-acre lot with utilities near Smoky Mountains.

1282 Applewood Rd, Newport, TN 37821
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Mobile Home Ready Lot
$36,500
1.08 Acres

Mobile Home Ready Lot

1.08 acre lot ready for mobile home or cabin.

1272 Applewood Dr, Newport, TN 37821
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Explore Off-Market Properties in Newport, TN

Consider similar Off-Market properties in Newport, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1092 Us-25

1092 Us-25

Multifamily properties • 800 SF
Value Estimation by Request
1092 Us-25, Newport, TN 37821
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450 Cambridge Dr

450 Cambridge Dr

APARTMENT HOUSE (UNDER 5 UNITS) • 10,128 SF
Value Estimation by Request
450 Cambridge Dr, Newport, TN 37821-4343
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659 Broadway

659 Broadway

APARTMENT HOUSE (UNDER 5 UNITS) • 9,128 SF
Value Estimation by Request
659 Broadway, Newport, TN 37821
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401411 Broadway

401411 Broadway

APARTMENT HOUSE (UNDER 5 UNITS) • 6,696 SF
Value Estimation by Request
401411 Broadway, Newport, TN 37821
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2 Nd St 540th 544a

2 Nd St 540th 544a

APARTMENT HOUSE (UNDER 5 UNITS) • 5,576 SF
Value Estimation by Request
2 Nd St 540th 544a, Newport, TN 37821
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Coconut Rd

Coconut Rd

MOBILE HOME PARK, TRAILER PARK • 858 SF
Value Estimation by Request
Coconut Rd, Newport, TN 37821
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Wilton Spgs Rd

Wilton Spgs Rd

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
Wilton Spgs Rd, Newport, TN 37821
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808 Blue Rdg Way, Unit 101

808 Blue Rdg Way, Unit 101

APARTMENT HOUSE (UNDER 5 UNITS) • 2,107 SF
Value Estimation by Request
808 Blue Rdg Way, Newport, TN 37821-5117
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495 Ter Way, Unit 425

495 Ter Way, Unit 425

APARTMENT HOUSE (UNDER 5 UNITS) • 2,376 SF
Value Estimation by Request
495 Ter Way, Newport, TN 37821-5160
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269 Wilton Spgs Rd, Unit 267

269 Wilton Spgs Rd, Unit 267

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
269 Wilton Spgs Rd, Newport, TN 37821-6406
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634 Nn St

634 Nn St

APARTMENT HOUSE (UNDER 5 UNITS) • 7,200 SF
Value Estimation by Request
634 Nn St, Newport, TN 37821-2135
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Cosby Cut Off

Cosby Cut Off

MOBILE HOME PARK, TRAILER PARK • 4.00 Acres
Value Estimation by Request
Cosby Cut Off, Newport, TN 37821
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Jayce Way

Jayce Way

MOBILE HOME PARK, TRAILER PARK • 80.00 Acres
Value Estimation by Request
Jayce Way, Newport, TN 37821
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Coconut Rd

Coconut Rd

MOBILE HOME PARK, TRAILER PARK • 480 SF
Value Estimation by Request
Coconut Rd, Newport, TN 37821
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Cecil St

Cecil St

MOBILE HOME PARK, TRAILER PARK • 0.57 Acres
Value Estimation by Request
Cecil St, Newport, TN 37821
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Epley Rd

Epley Rd

MOBILE HOME PARK, TRAILER PARK
Value Estimation by Request
Epley Rd, Newport, TN 37821
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Battle Way

Battle Way

MOBILE HOME PARK, TRAILER PARK • 4.53 Acres
Value Estimation by Request
Battle Way, Newport, TN 37821
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100 Elena Ln

100 Elena Ln

APARTMENT HOUSE (UNDER 5 UNITS) • 7,840 SF
Value Estimation
$3,590,000
100 Elena Ln, Newport, TN 37821-4419
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Ball Way

Ball Way

MOBILE HOME PARK, TRAILER PARK • 2.00 Acres
Value Estimation by Request
Ball Way, Newport, TN 37821
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Newport, TN Multifamily Properties Investment Opportunities Market Analysis

Explore 23 multifamily properties for sale in Newport, TN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 1,456,646 square feet of properties for sale, with an estimated market value of $5,089,500.

Prices for multifamily properties in Newport, TN start at $36,500, averaging $508,950, and reaching up to $3,565,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you have the most current data.

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