408 Prospect Avenue Newport, TN ^$ 255,000

408 Prospect Avenue

^$ 255,000

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408 Prospect Avenue

Newport, TN, 37821

^$ 255,000

Bedrooms2 Baths2.0 Sq 1,080

Monthly Estimate*

^$ 1,761

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Single Family Home for sale in Newport, TN

for $255,000 with 2 bedrooms and 2 full baths. This 1,080 square foot home was built in 1940 on a lot size of 0.07.

*Seller will contribute up to 3% of the purchase price toward buyer's closing costs with an acceptable offer.* Completely transformed 2BR/2BA cottage at 408 Prospect Ave! Reconfigured floor plan maximizes space alongside BRAND NEW updates throughout: new roof, siding, HVAC, electrical, plumbing, flooring, walls, cabinetry, appliances, and fixtures. Unbeatable central Newport location seconds from the hospital/pharmacy and minutes from shopping, dining, Walmart, and Lowe's. Ideal starter home, downsize, or turnkey investment. Schedule your showing today!

Single Family Active

Price

^$ 255,000

Bedrooms

Full Bath

Property Type

Single Family

Taxes

^$ 677

Style

Cottage

Lot Size

0.07

Year Built

1940

Town/City

Newport

County/Region

Cocke

MLS | Web ID

3591837

Features

General

Living Area 1080

Sewer Public Sewer

Heating Central

Cooling Central Air

Utilities Water Available

Possession Close Of Escrow

Roof Metal

Appliances Dishwasher Electric Range Microwave Refrigerator

Patio/Porch Features Porch Covered

Architectural Style Cottage

Security Features Smoke Detector(s)

Construction Materials Vinyl Siding Other

Year Built 1940

Stories Count 1

Topography Level

Levels One

Property Subtype Single Family Residence

County Cocke County TN

New Construction N

Property Type Residential

Attached Garage N

Energy Efficient Windows

Subdivision Name Other

Full Baths 2

Status Active

Buyer Financing Other Conventional FHA VA

Directions From Cosby Hwy turn Left onto Mulberry Street. Take Right onto Prospect. 2nd home on the Left. See sign

City Newport

Senior Community Y/N N

Lot Size Units Acres

Property Attached Y/N N

Year Built Details Renovated

Tax Annual Amount 677

Building Area Units Square Feet

Living Area Units Square Feet

Standard Status Active

Tax Lot PT4

Interior

Interior Amenities Ceiling Fan(s)

Basement None

Flooring Luxury Vinyl

Total Fireplaces 0

Air Conditioning Y/N Y

Heating Y/N Y

Fireplace Y/N N

Above Grade Finished Area 1080

Half Baths 0

Laundry Features Electric Dryer Hookup Washer Hookup

Total Bedrooms 2

Below Grade Finished Area Unit Type Square Feet

Below Grade Finished Area Source Assessor

Above Grade Finished Area Source Assessor

Above Grade Finished Area Unit Type Square Feet

Total Baths 2

Exterior

Lot Features Level

Water Source Public

Total Parking 0

Lot Size Area 0.07

Building Area Total 1080

Lot Dimensions 50.9X66.3 IRR

Lot Size Acres 0.07

Lot Size Source Assessor

Waterfront Y/N N

Internal Only

Street Number 1 408

* Excluded Features

List By

Live In The Smokys

Broker

mark@markmeade.com

Affordability Calculator

$1,818

Per Month

Monthly Principal & Interest: $1,761
Monthly Property Taxes: $56
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.375% 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 ^$453,117

Percent of Sale Price 78%

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.

245588 Elementary School

245705 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
9/15/2026	$255,000	-3.77%	Price Down
9/14/2026	$265,000		Listed Price

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408 Prospect Avenue, Newport, TN, 37821 is a Single Family Home for sale at $255,000 with 1,080 sqft and a lot size of 0.07. 408 Prospect Avenue has 2 bedrooms, 2.0 baths, and was built in 1940. 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 7.375% 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.

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of RealTracs Solutions. Real estate listings held by firms other than Weichert Realtors are marked with the Internet Data Exchange logo or thumbnail logo and detailed information about them includes the Listing Broker’s Firm Name.

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 10/16/2026.

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408 Prospect Avenue

Single Family Home for sale in Newport, TN

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