535 Old Knoxville Highway Newport, TN ^$ 2,999,900

535 Old Knoxville Highway

^$ 2,999,900

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New Construction

535 Old Knoxville Highway

Newport, TN, 37821

^$ 2,999,900

Bedrooms40 Baths21.18

Monthly Estimate*

^$ 18,471

535 Old Knoxville Highway, Newport, TN 37821 - Image 1

535 Old Knoxville Highway, Newport, TN 37821 - Image 2

535 Old Knoxville Highway, Newport, TN 37821 - Image 3

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535 Old Knoxville Highway, Newport, TN 37821 - Image 6

535 Old Knoxville Highway, Newport, TN 37821 - Image 7

535 Old Knoxville Highway, Newport, TN 37821 - Image 8

535 Old Knoxville Highway, Newport, TN 37821 - Image 9

535 Old Knoxville Highway, Newport, TN 37821 - Image 10

535 Old Knoxville Highway, Newport, TN 37821 - Image 11

535 Old Knoxville Highway, Newport, TN 37821 - Image 12

535 Old Knoxville Highway, Newport, TN 37821 - Image 13

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535 Old Knoxville Highway, Newport, TN 37821 - Image 17

Single Family Home for sale in Newport, TN

for $2,999,900 with 40 bedrooms and 21 full baths, 18 half baths. This home was built in 2024 on a lot size of 4.23.

19 units & 2 Billboard's 6 new triplexes (18 units) that avg $1427 monthly 1 single family home leased at 2500 /m Billboard 150 /m $28,350 MONTHLY Professionally self managed, these are accurate numbers, & current rent roll. Written leases with deposits & pet fees that transfer. This one produces cash immediately & is running on all 6 cylinders. Tenants are current & often all 19 units are fully occupied.

Single Family Active

Price

^$ 2,999,900

Bedrooms

Full Bath

Half Bath

Property Type

Single Family

Taxes

^$ 26,100

Style

Multi Family

Lot Size

4.23

Year Built

2024

Town/City

Newport

County/Region

Cocke

MLS | Web ID

709819

Features

General

Sewer Public Sewer

Heating Central

Cooling Central Air

Roof Shingle

Appliances Dishwasher Electric Oven Microwave Refrigerator

Year Built 2024

Tenant Pays All Utilities

Property Subtype Multi Family

Tax Year 2024

Parcel Number 046 14700 000

County Cocke

Insurance Expense 9279.0

Property Type Residential Income

HOA N

MaintenanceExpense 3449.0

Other Structures Other

Full Baths 21

Status Active

Directions This is right off the main road in Newport. GPS friendly.

City Newport

Senior Community Y/N N

Number Of Units Total 19

Lot Size Units Acres

Lot Size Square Feet 184258.8

Carport Y/N N

Number of Units Leased 18

Property Attached Y/N N

Land Lease Y/N N

Tax Annual Amount 26100.0

Electric Expense 3760.0

Home Warranty Y/N N

Property Condition New Construction Updated/Remodeled

Trash Expense 1920.0

Lease Renewal Y/N N

Additional Parcels Y/N Y

Lease Considered Y/N N

Structure Type Multi Family

Standard Status Active

Occupancy Type Tenant

Taxes 26100.0

New Construction None

Water Body Access Y/N None

Exterior

Water Source Public

Lot Size Area 4.23

Number of Buildings 7

Spa N

Lot Size Acres 4.23

Number of Separate Water Meters 19

Number of Separate Electric Meters 19

Crops Included Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 19392.0

Half Baths 18

Total Bedrooms 40

Below Grade Finished Area 0.0

Total Baths 39

Internal Only

Street Number 1 535

* Excluded Features

List By

Re/Max Real Estate Ten Midtown

Broker

BJKRAMPS@REMAX.NET

Affordability Calculator

$20,646

Per Month

Monthly Principal & Interest: $18,471
Monthly Property Taxes: $2,175
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Newport, TN

Average List Price ^$417,618

Percent of Sale Price 86%

About Newport, TN

7,461 Population

5% Since 2002

^$22,588 Median Income

41.04 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2484365 Elementary School

2484217 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/12/2025	$2,999,900		Listed Price

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535 Old Knoxville Highway, Newport, TN, 37821 is a Single Family Home for sale at $2,999,900 with a lot size of 4.23. 535 Old Knoxville Highway has 40 bedrooms, 21.18 baths, and was built in 2024. The property's zip code is 37821 which is in Newport, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Lakeway Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lakeway Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 3/31/2026.

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535 Old Knoxville Highway

Single Family Home for sale in Newport, TN

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