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

535 Old Knoxville Highway

^$ 2,999,900

Back to search

535 Old Knoxville Highway

Newport, TN, 37821

^$ 2,999,900

Bedrooms40 Baths21.18 Sq 19,392

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

535 Old Knoxville Highway, Newport, TN 37821 - Image 4

535 Old Knoxville Highway, Newport, TN 37821 - Image 5

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

535 Old Knoxville Highway, Newport, TN 37821 - Image 14

535 Old Knoxville Highway, Newport, TN 37821 - Image 15

535 Old Knoxville Highway, Newport, TN 37821 - Image 16

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

Multi-Family Home for sale in Newport, TN

for $2,999,900 with 40 bedrooms and 21 full baths, 18 half baths. This 19,392 square foot 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 /mBillboard 150 /m$28,350 MONTHLYProfessionally 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.

Multi-Family Active

Price

^$ 2,999,900

Bedrooms

Full Bath

Half Bath

Property Type

Multi-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 Refrigerator Microwave Electric Oven

County Cocke

Property Type B

Property Condition New Construction Updated/Remodeled

Tax Year 2024

Occupant Type Tenant

Status Active

Auction Y/N No

Acres 4.2300

# of Buildings 7

Sub Type Multi Family

Year Built 2024

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

City Newport

Structure Type Multi Family

Street Name Old Knoxville

Public Remarks 19 units & 2 Billboard's 6 new triplexes (18 units) that avg $1427 monthly 1 single family home leased at 2500 /mBillboard 150 /m$28 350 MONTHLYProfessionally self managed these are accurate numbers

Exterior

Other Structures Other

Water Source Public

Interior

Total Units 19

* 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: --

Set your offer price

Down Payment

Loan Term

Interest Rate

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.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW! What's my home worth?

Nearby

Trends
Schools

Multi-family listings in Newport, TN

Average List Price ^$1,147,060

Percent of Sale Price 62%

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

Map

More homes like this one

homes for you

See all

535 Old Knoxville Highway, Newport, TN, 37821 is a Multi-Family Home for sale at $2,999,900 with 19,392 sqft and 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 2/2/2026.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

535 Old Knoxville Highway

Multi-Family Home for sale in Newport, TN

Affordability Calculator

Map

More homes like this one

Get more info about this home