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    Newport, TN Triplexes for Sale

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    Parrottsville, TN Del Rio, TN White Pine, TN
    Turnkey Investment Property Near Smokies
    $748,800
    3,561 SF

    Turnkey Investment Property Near Smokies

    2482 Elk Way, Newport, TN 37821

    Income-producing triplex and single-family home near medical facilities.

    • Income‑Producing Tri‑Plex + Single‑Family Home: Generates $5,900 monthly income.
    • Turnkey Investment: Immediate cash flow with multiple rental strategies.
    • Mountain Views: Enjoy enhanced appeal with front and rear views.
    • New Roofs and HVAC Systems: Recent capital improvements.
    • Development Potential: 1.93 acres with open frontage land offers future expansion possibilities (subject to zoning).
    Updated: Jan 25
    View details
    Turnkey Investment Property Near Smokies
    $748,800
    6,133 SF

    Turnkey Investment Property Near Smokies

    2482 Elk Way, Newport, TN 37821

    Income-producing triplex and single-family home near medical facilities.

    • Turnkey investment property generating $5,900 monthly income.
    • Enjoy mountain views from both front and rear of the property.
    • Recent capital improvements including new roofs and HVAC systems on the tri‑plex.
    • Tri‑plex offers three 1‑bedroom, 1.5‑bath units.
    • Single‑family home (3‑bedroom, 4‑bath, 2,569 sq ft) with a new deck and partially fenced yard provides additional income or owner‑occupant option.
    Updated: Jan 25
    View details
    Turnkey Investment Property Near Smokies
    $748,800
    6,133 SF

    Turnkey Investment Property Near Smokies

    Income-producing triplex and single-family home near medical facilities.

    2482 Elk Way, Newport, TN 37821
    View details
    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 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.

    Turn-Key Kingsport Condo Investment
    $499,900
    2,969 SF

    Turn-Key Kingsport Condo Investment

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

    308 E Sullivan Street, Kingsport, TN 37660
    View details
    New Triplex Near Carson-Newman
    $599,900
    3,258 SF

    New Triplex Near Carson-Newman

    New construction triplex near Carson-Newman University, Jefferson City.

    1471 Fate Rankin Rd, Jefferson City, TN 37760
    View details
    Turn-Key Kingsport Condo Investment
    $499,900
    2,969 SF

    Turn-Key Kingsport Condo Investment

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

    308 East Sullivan Street, Unit PT12, Kingsport, TN 37660
    View details
    MULTI_FAMILY - Jefferson City, TN
    $599,900
    4,722 SF

    MULTI_FAMILY - Jefferson City, TN

    Triplexes · 4,722 SF

    1471 Fate Rankin Drive, Jefferson City, TN 37760
    View details

    Newport, TN Triplexes Investment Opportunities Market Analysis

    Explore 3 triplexes for sale in Newport, TN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 15,827 square feet of properties for sale, with an estimated market value of $2,246,400.

    Sale prices for three-family homes in Newport, TN start at $748,800, averaging $748,800, and reaching up to $748,800 — 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

    Mobile home & RV parks 3
    Duplexes 1
    Quadplexes 1
    Triplexes 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 median listing prices of real estate assets

    Neighborhood Average Price
    37821 $748.8K

    Taxes & Financing

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

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