2482 Elk Way Newport, TN $ 379,999
2482 Elk Way
$ 379,999
Share Save

2482 Elk Way

Newport, TN, 37821
$ 379,999
Baths0.0 Sq 3,561

Monthly Estimate*

$ 2,399

2482 Elk Way, Newport, TN 37821 - Image 1
2482 Elk Way, Newport, TN 37821 - Image 2
2482 Elk Way, Newport, TN 37821 - Image 3
2482 Elk Way, Newport, TN 37821 - Image 4
2482 Elk Way, Newport, TN 37821 - Image 5
2482 Elk Way, Newport, TN 37821 - Image 6
2482 Elk Way, Newport, TN 37821 - Image 7
2482 Elk Way, Newport, TN 37821 - Image 8
2482 Elk Way, Newport, TN 37821 - Image 9
2482 Elk Way, Newport, TN 37821 - Image 10
2482 Elk Way, Newport, TN 37821 - Image 11
2482 Elk Way, Newport, TN 37821 - Image 12
2482 Elk Way, Newport, TN 37821 - Image 13
2482 Elk Way, Newport, TN 37821 - Image 14
2482 Elk Way, Newport, TN 37821 - Image 15
2482 Elk Way, Newport, TN 37821 - Image 16
2482 Elk Way, Newport, TN 37821 - Image 17
2482 Elk Way, Newport, TN 37821 - Image 18
2482 Elk Way, Newport, TN 37821 - Image 19
2482 Elk Way, Newport, TN 37821 - Image 20
2482 Elk Way, Newport, TN 37821 - Image 21
2482 Elk Way, Newport, TN 37821 - Image 22
2482 Elk Way, Newport, TN 37821 - Image 23
2482 Elk Way, Newport, TN 37821 - Image 24
2482 Elk Way, Newport, TN 37821 - Image 25
2482 Elk Way, Newport, TN 37821 - Image 26
2482 Elk Way, Newport, TN 37821 - Image 27
2482 Elk Way, Newport, TN 37821 - Image 28
2482 Elk Way, Newport, TN 37821 - Image 29
2482 Elk Way, Newport, TN 37821 - Image 30
2482 Elk Way, Newport, TN 37821 - Image 31
2482 Elk Way, Newport, TN 37821 - Image 32
2482 Elk Way, Newport, TN 37821 - Image 33
2482 Elk Way, Newport, TN 37821 - Image 34
2482 Elk Way, Newport, TN 37821 - Image 35
2482 Elk Way, Newport, TN 37821 - Image 36
2482 Elk Way, Newport, TN 37821 - Image 37
2482 Elk Way, Newport, TN 37821 - Image 38
Studio

Multi-Family Home for sale in Newport, TN

for $379,999. This 3,561 square foot home was built in 2000 on a lot size of 0.78.

Turnkey Smoky Mountains Investment Opportunity - Income-Producing Tri-Plex with Mountain Views both front and rear. Discover a rare, cash-flowing multi-property asset in East Tennessee featuring a fully leased tri-plex ideally located near medical facilities, shopping, and dining. The tri-plex offers three 1-bedroom, 1.5-bath units (1,187 SF each), all currently producing income and well suited for either long-term or short-term rental strategies. Recent capital improvements include a brand-new roof and new HVAC systems on the tri-plex, significantly reducing near-term maintenance and capital expenditure for the next owner. Additional value comes from the open frontage land and a total of 0.78 of an acre Whether you're looking to expand a rental portfolio, capitalize on short-term rental demand near the Smokies, this property delivers: Immediate cash flow Multiple rental strategies, major system upgrades already completed desirable location Long-term appreciation potential A true turnkey investment with flexibility. This property is 53 minutes to Knoxville, 48 minutes to Pigeon Forge or Gatlinburg and only 45 minutes to Hot springs NC.

See more

Multi-Family Pending

Price

$ 379,999

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,154

Style

Ranch

Lot Size

0.78

Year Built

2000

Town/City

Newport

County/Region

Cocke

MLS | Web ID

9996552

Features
General
Sewer Septic Tank
Heating Central Heat Pump
Cooling Ceiling Fan(s) Central Air Heat Pump
Utilities Electricity Connected Water Connected Cable Connected
Roof Shingle
Appliances Cooktop Dishwasher Dryer Electric Range Range Refrigerator Washer
Zoning Residential
Patio/Porch Features Covered Rear Porch
Architectural Style Ranch
Construction Materials Vinyl Siding Wood Siding
Year Built 2000
View Mountain(s)
Topography Level
Property Subtype Multi Family
Gross Income 5900
County Cocke
New Construction false
Property Type Multi Family
HOA false
Attached Garage false
Status Pending
Directions From Newport US-321 towards Cosby turn left onto Old 32 continue to follow old 32. Turn left onto O'Neil Rd then turn left onto Elk Way. Stay on Elk way see sign. From Cosby take US-321 onto Old 32 then follow the remaining directions. Property is GPS friendly.
High School Cosby
City Newport
MLS Area 208 - Cocke County
Lot Size Units Acres
Lot Size Square Feet 33976.8
Elementary School Cosby
Middle/Junior High School None
Property Condition Average
MLS Area Minor 208 - Cocke County
Structure Type Triplex
Standard Status Pending
Conventional true
Wood siding true
Vinyl Siding true
Cash true
See more
Interior
Interior Amenities Eat-in Kitchen Laminate Counters Open Floorplan
Flooring Tile Carpet
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Laundry Features Electric Dryer Hookup Washer Hookup
Total Baths 0
See more
Exterior
Parking Features Unpaved Gravel
Water Source Public
Lot Size Area 0.78
Foundation Details Slab
Number of Buildings 1
Building Area Total 3561
Lot Dimensions 137x275x115x281
Lot Size Acres 0.78
See more
* Excluded Features
List By
Don Fabrikant

Listing Agent

Country Living Realty

Broker

donfabs@outlook.com

Email

Affordability Calculator

$2,579
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,399
Monthly Property Taxes
$180
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4754594 Elementary School
0 Middle School
Cosby High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2026$379,999 Listed Price

Map


See all

2482 Elk Way, Newport, TN, 37821 is a Multi-Family Home for sale at $379,999 with 3,561 sqft and a lot size of 0.78. 2482 Elk Way is a studio with 0.0 baths and was built in 2000. The property's zip code is 37821 which is in Newport, TN