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    Newport, TN
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    Newport, TN Triplexes for Sale

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    Tri-Plex with Mountain Views
    Updated: Jun 5
    Tri-Plex with Mountain Views

    2482 Elk Way, Newport, TN 37821

    $379,999
    3,561 sqft 0.78 AC lot
    Income‑producing tri‑plex with three 1‑bedroom, 1.5‑bath units, each 1,187 SF, all currently producing income
    New roof and new HVAC systems on the tri‑plex—reducing near‑term maintenance and capital expenditure
    0.78‑acre lot with open frontage and mountain views both front and rear
    Built in 2000; vinyl and wood siding with tile and carpet flooring
    Central heat and central air, plus heat pump heating and cooling; ceiling fans and eat‑in kitchen features
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    Leased Tri-Plex with Mountain Views
    Updated: Jun 5
    Leased Tri-Plex with Mountain Views

    2482 Elk Way, Newport, TN 37821

    $379,999
    3,561 sqft 0.78 AC lot
    Income‑producing tri‑plex with mountain views front and rear, offering three 1‑bedroom, 1.5‑bath units
    Each unit includes 1,187 SF and is currently producing income
    Recent improvements: brand‑new roof and new HVAC systems on the tri‑plex
    0.78‑acre property with open frontage land and a porch
    Heating/cooling: central air plus heat pump, ceiling fans, and a heat pump (heating)
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    Leased Tri-Plex with Mountain Views
    Leased Tri-Plex with Mountain Views

    2482 Elk Way, Newport, TN 37821

    $379,999
    0.78 AC lot

    Tri-plex with three 1-bedroom, 1.5-bath units; recent roof and HVAC improvements; leased for income.

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    Tri-Plex with Mountain Views
    Tri-Plex with Mountain Views

    2482 Elk Way, Newport, TN 37821

    $379,999
    0.78 AC lot

    Fully leased tri-plex with three 1-bedroom units and recent roof and HVAC upgrades on 0.78 acres.

    View details
    Tri-Plex with Mountain Views
    Tri-Plex with Mountain Views

    2482 Elk Way, Newport, TN 37821

    $379,999
    3,586 sqft

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

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    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 5 Active listings in Newport, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Multi-Family Property with Unfinished Unit
    Multi-Family Property with Unfinished Unit

    123 E Springdale Ave, Knoxville, TN 37917

    $265,000
    1,956 sqft 0.17 AC lot

    Commercial-zoned multi-family with dedicated electric meters, a newer roof, and a fourth unfinished upper-floor unit.

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    Three-Unit Residential Income Property
    Three-Unit Residential Income Property

    2703 Bridalwood Drive, Knoxville, TN 37917

    $400,000
    2,682 sqft 0.26 AC lot

    Three rental units with recent interior updates are offered in as-is condition for an owner-occupant or investor.

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    Turn-Key Kingsport Condo Investment
    Turn-Key Kingsport Condo Investment

    308 E Sullivan Street, Kingsport, TN 37660

    $499,900
    2,969 sqft 0.02 AC lot

    Three-unit condo, fully furnished, remodeled, with established clientele.

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    Turn-Key Kingsport Condo Investment
    Turn-Key Kingsport Condo Investment

    308 East Sullivan Street, Unit PT12, Kingsport, TN 37660

    $499,900
    2,969 sqft

    Three-unit condo in downtown Kingsport, fully furnished and remodeled.

    View details

    Newport, TN Triplexes Market Trends and Statistics

    Explore 5 triplexes for sale in Newport, TN, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 10,708 square feet of properties for sale, with an estimated market value of $1,139,997.

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

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

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

    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 $380K

    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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