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    Newport, TN Multifamily Properties for Sale

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    Del Rio, TN Parrottsville, TN White Pine, TN
    9 listings
    Income Tri-Plex with Mountain Views
    $379,999
    3,561 SF
    Income Tri-Plex with Mountain Views

    2482 Elk Way, Newport, TN 37821

    Turnkey tri-plex featuring three leased 1-bedroom units with mountain views and recent roof and HVAC upgrades.
    • 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
    Updated: Jun 5
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    Tri-Plex with Mountain Views
    $379,999
    3,561 SF
    Tri-Plex with Mountain Views

    2482 Elk Way, Newport, TN 37821

    Turnkey Newport tri-plex with three leased 1-bedroom units, featuring recent roof replacement and new HVAC systems.
    • Income‑producing tri‑plex with three 1‑bedroom, 1.5‑bath units, all currently producing income
    • Each unit is 1,187 SF (3 units total), built in 2000
    • Recent capital improvements include a brand‑new roof and new HVAC systems on the tri‑plex
    • 0.78‑acre property with open frontage land included
    • Public water and septic tank sewer
    Updated: Jun 5
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    Income-Generating Tri-Plex
    $379,999
    3,561 SF
    Income-Generating Tri-Plex

    Three 1-bedroom units with 1.5 baths, new roof and HVAC, plus open land for flexible rental use.

    2482 Elk Way, Newport, TN 37821

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    Tri-Plex with Mountain Views
    $379,999
    3,586 SF
    Tri-Plex with Mountain Views

    Three leased 1-bedroom units with mountain views, supported by recent roof and HVAC upgrades for reduced near-term expenses.

    2482 Elk Way, Newport, TN 37821

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    Income-Generating Triplex
    $379,999
    0.78 Acres
    Income-Generating Triplex

    Turnkey tri-plex with three leased one-bedroom units and recent roof and HVAC improvements.

    2482 Elk Way, Newport, TN 37821

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    Mountain View Multi-Family Investment
    $479,000
    1,920 SF
    Mountain View Multi-Family Investment

    Two homes on 17 acres with mountain views.

    385 Gardenia Road, 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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    1.2 Acre Mobile Home Lot
    $36,500
    1.20 Acres
    1.2 Acre Mobile Home Lot

    Wooded 1.2 acre lot suitable for mobile home or cabin.

    133 Huffman Way, Newport, TN 37821

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    Mobile Home Friendly Lot
    $36,500
    1.20 Acres
    Mobile Home Friendly Lot

    1.2 acre wooded lot ready for your vision!

    133 Huffman Way, Newport, TN 37821

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    Based on your search, we've compiled 36 Potential Opportunities for your consideration. Besides 9 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.

    Opportunities in Nearby Cities

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

    Two-Cabin Hospitality Retreat
    $419,000
    672 SF
    Two-Cabin Hospitality Retreat

    Two adjoining rental cabins on 1.67 acres, each with two bedrooms, 1.5 baths, and covered outdoor decks.

    271 Majestic View Way, Cosby, TN 37722

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    Land with Mountain Views
    $325,000
    8.02 Acres
    Land with Mountain Views

    8-acre Cosby, TN land with mountain views and creek.

    Holders Grove Road lot: 3R2, Cosby, TN 37722

    View details
    Lakeside Duplex Ready for Rental
    $325,000
    1,300 SF
    Lakeside Duplex Ready for Rental

    One-level duplex on Douglas Lake, ideal for rentals.

    115 Bluegill Way, Sevierville, TN 37876

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    Sevierville Land Near Dollywood
    $39,900
    5.09 Acres
    Sevierville Land Near Dollywood

    5-acre lot suitable for a mountain home or rental cabins.

    Paint Horse Way lot: 14, Sevierville, TN 37876

    View details

    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.

    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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    Acre Wooded Lot Ready
    $36,500
    1.04 Acres
    Acre Wooded Lot Ready

    1.04 acre wooded lot with utilities available in Newport.

    1282 Applewood Rd, Newport, TN 37821

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    Mobile Home Friendly Lot
    $36,500
    0.95 Acres
    Mobile Home Friendly Lot

    0.95 acre lot ready for mobile home or cabin.

    113 Huffman Way, Newport, TN 37821

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    Mobile Home Friendly Lot
    $36,500
    0.95 Acres
    Mobile Home Friendly Lot

    0.95 acre lot ready for mobile home or cabin.

    113 Huffman Way, Newport, TN 37821

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    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.

    100 Elena Ln
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,840 SF Lot: 16.23 Acres
    Estimated value
    $3,590,000

    100 Elena Ln, Newport, TN 37821-4419

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    2 Nd St 540th 544a
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,576 SF Lot: 0.42 Acres
    Value Estimation by Request

    2 Nd St 540th 544a, Newport, TN 37821

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    Coconut Rd
    MOBILE HOME PARK, TRAILER PARK
    858 SF Lot: 1.00 Acre
    Value Estimation by Request

    Coconut Rd, Newport, TN 37821

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    Coconut Rd
    MOBILE HOME PARK, TRAILER PARK
    480 SF Lot: 1.59 Acres
    Value Estimation by Request

    Coconut Rd, Newport, TN 37821

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    Battle Way
    MOBILE HOME PARK, TRAILER PARK
    Lot: 4.53 Acres
    Value Estimation by Request

    Battle Way, Newport, TN 37821

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    450 Cambridge Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    10,128 SF Lot: 1.68 Acres
    Value Estimation by Request

    450 Cambridge Dr, Newport, TN 37821-4343

    View details
    401411 Broadway
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,696 SF Lot: 1.07 Acres
    Value Estimation by Request

    401411 Broadway, Newport, TN 37821

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    634 Nn St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,200 SF Lot: 0.35 Acres
    Value Estimation by Request

    634 Nn St, Newport, TN 37821-2135

    View details
    659 Broadway
    APARTMENT HOUSE (UNDER 5 UNITS)
    9,128 SF Lot: 4.40 Acres
    Value Estimation by Request

    659 Broadway, Newport, TN 37821

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    808 Blue Rdg Way, Unit 101
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,107 SF Lot: 7.80 Acres
    Value Estimation by Request
    Unit 101

    808 Blue Rdg Way, Newport, TN 37821-5117

    View details
    495 Ter Way, Unit 425
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,376 SF Lot: 5.20 Acres
    Value Estimation by Request
    Unit 425

    495 Ter Way, Newport, TN 37821-5160

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    Cecil St
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.57 Acres
    Value Estimation by Request

    Cecil St, Newport, TN 37821

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    1092 Us-25
    Multifamily properties
    800 SF Lot: 3.03 Acres
    Value Estimation by Request

    1092 Us-25, Newport, TN 37821

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    Jayce Way
    MOBILE HOME PARK, TRAILER PARK
    Lot: 80.00 Acres
    Value Estimation by Request

    Jayce Way, Newport, TN 37821

    View details
    Epley Rd
    MOBILE HOME PARK, TRAILER PARK
    Value Estimation by Request

    Epley Rd, Newport, TN 37821

    View details

    Newport, TN Multifamily Properties Investment Opportunities Market Analysis

    Explore 28 multifamily properties for sale in Newport, TN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 16,189 square feet of properties for sale, with an estimated market value of $1,998,996.

    Sale prices for multifamily properties in Newport, TN start at $379,999, averaging $399,799, and reaching up to $479,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

    List
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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Short term rental properties 5
    Triplexes 5
    Mobile home & RV parks 3
    Duplexes 1

    Demographics Overview

    Population 22K
    Population Growth (5Y) +0.0%
    Median Household Income $45,350
    College Educated 6.1%

    High-Yield Neighborhoods for Investment

    Identify Newport submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    37821 $481.4K

    Taxes & Financing

    Tax Rate (average for all types) 4.35%
    Property Tax per SF $79.35 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Cocke County

    New Delisted

    Total CRE Inventory on Market (SF)

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