385 Gardenia Road Newport, TN $ 489,000
385 Gardenia Road
$ 489,000
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385 Gardenia Road

Newport, TN, 37821
$ 489,000
Bedrooms5 Baths0.0 Sq 1,260

Monthly Estimate*

$ 3,011

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Multi-Family Home for sale in Newport, TN

for $489,000 with 5 bedrooms. This 1,260 square foot home was built in 1974 on a lot size of 17.

17 top-of-the-mountain acres -- a very large parcel for the area with amazing long-range mountain views and a creek at bottom of forest. Turnkey investment offering two rental units, both currently tenant-occupied. Save property taxes with Greenbelt status (#5932). End of paved road with no traffic.Private country living with room to grow! Nestled on a spacious, gently rolling tract in Newport, this sturdy brick home offers a peaceful rural setting surrounded by mature trees, open yard space and Mountain View's for miles. The main residence features solid brick construction, a metal roof, and an elevated rear deck ideal for relaxing or entertaining while enjoying the natural surroundings. Trails for walking are found through the property and a mountain stream at the border.The lower level provides exterior access and flexible space suitable for storage, workshop use, or future expansion. A covered parking area and additional outbuildings add functionality for equipment, recreational toys, or hobby use.Also included on the property is a separate manufactured home offering excellent potential for multi-generational living, guest accommodations, or rental income (currently rented). The land provides ample space for gardening, animals, or simply enjoying the privacy and quiet of country life.Conveniently located within a short drive to Newport amenities while maintaining a secluded feel, this property presents a unique opportunity for homeowners, investors, or those seeking a rural retreat with versatility. Sold as-is. Buyer to verify all information. Great Smoky Mountains National Park, Dinner shows, museums, world-class resorts and live entertainment nearby as Gatlinburg and Pigeon Forge is just 40 minutes away.

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Multi-Family Active

Price

$ 489,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,311

Style

Duplex

Lot Size

17

Year Built

1974

Town/City

Newport

County/Region

Cocke

MLS | Web ID

710186

Features
General
Sewer Private Sewer Septic Tank
Heating Electric Wood Stove Wood Heat Pump Forced Air
Cooling Central Air Heat Pump Electric
Utilities Cable Available Water Connected Sewer Connected Natural Gas Not Available Electricity Connected
Possession Close Of Escrow
Roof Metal
Appliances Electric Range Refrigerator Electric Water Heater
Electric 150 Amp Service Circuit Breakers
Architctural Style Ranch Traditional
View Forest Trees/Woods Pasture Mountain(s)
County Cocke
Levels Two
Property Type B
Tax Year 2025
Occupant Type Tenant
Status Active
Auction Y/N No
Acres 17.0000
Construction Materials Brick Veneer Frame
MLS Area Southeast
# of Buildings 2
Sub Type Duplex
Year Built 1974
Directions From I-40 in Newport drive onto 25W South. In about 0.7 miles turn left onto Thinwood Drive. Drive 0.7 miles turn left onto Shag Rd. In about 0.2 miles turn left onto Gardenia Rd and drive to end
City Newport
List Price/SqFt 254.69
High School Cocke
Association? No
Elementary School Edgemont K-8
Structure Type House
Street Name Gardenia
Public Remarks 17 top-of-the-mountain acres -- a very large parcel for the area with amazing long-range mountain views and a creek at bottom of forest. Turnkey investment offering two rental units both currently te
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Exterior
Exterior Features None
Lot Features Cleared Wooded Views Steep Slope Sloped Down Secluded Rolling Slope Private Irregular Lot Gentle Sloping Greenbelt Front Yard
Fencing None
Other Structures Mobile Home
Water Source Public Well
Foundation Block Slab
Pool Features None
Lot Size Dimensions 627x20x1052x355x787x241x540x449
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Interior
Basement Block Walk-Out Access Unfinished Partially Finished Interior Entry Exterior Entry
Flooring Carpet Linoleum
Basement Y/N Yes
Total Units 2
Fireplace Yes
Common Walls No Common Walls
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* Excluded Features
List By
Daybreak Property Holdings

Broker

sscotski@gmail.com

Email

Affordability Calculator

$3,120
Per Month
96%
4%
0%
Monthly Principal & Interest
$3,011
Monthly Property Taxes
$109
Monthly 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
2484319 Elementary School
2484287 Middle School
Cocke High School High School
Pricing History
DatePricePrice ChangeDescription
1/23/2026$489,000 Listed Price

Map


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385 Gardenia Road, Newport, TN, 37821 is a Multi-Family Home for sale at $489,000 with 1,260 sqft and a lot size of 17. 385 Gardenia Road has 5 bedrooms, 0.0 baths, and was built in 1974. The property's zip code is 37821 which is in Newport, TN