Data Source Brokerage:

    Continental Real Estate Group, Inc logo

    Continental Real Estate Group, Inc

    2482 Elk Way, Newport, TN 37821

    $748,800

    Active

    64 days ago

    1 beds
    5 baths
    3,408 sq ft
    Built in 2000

    Purchase price

    Down payment

    Estimated rent

    MLS Logo

    Listed By: Don Fabrikant, 300538, Country Living Realty

    Source: TennesseeVirginia Regional MLS, #9990572, last updated on 3/7/2026

    About this property

    Turnkey Smoky Mountains Investment Opportunity - Income-Producing Tri-Plex + Single-Family Home with Mountain Views both front and rear. Total lease for the four units combined $5,900 monthly Income. Discover a rare, cash-flowing multi-property asset in East Tennessee featuring a fully leased...

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    Neighborhood

    6 / 10

    Cosby Elementary School

    6 / 10

    Cosby Elementary School

    3 / 10

    Cosby High School

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    Property details
    Interior

    Heating

    • Heat Pump

    Cooling

    • Ceiling Fan(s), Heat Pump

    Features

    • Eat-in Kitchen, Kitchen Island, Laminate Counters, Open Floorplan
    • Flooring: Tile, Carpet, Laminate
    • Has fireplace: Yes
    • Fireplaces: 1
    • Laundry: Electric Dryer Hookup, Washer Hookup

    Interior area

    • Total structure area: 3,561

    Appliances

    • Included: Cooktop, Dishwasher, Dryer, Electric Range, Range, Refrigerator, Washer
    Property

    Parking

    • Parking features: Unpaved, Garage Door Opener, Gravel

    Features

    • Levels: Two, One and One Half
    • Stories: 2
    • Patio & porch: Covered, Deck, Rear Porch, Side Porch

    Lot

    • Size: 1.93 Acres
    • Lot Dimensions: 311x216x247x281 Acres

    Details

    • Parcel number: 083 039.09
    Construction

    Type & style

    • Home type: Residential Income
    • Architectural style: Ranch
    • Property subtype: Multi Family

    Materials

    • Vinyl Siding, Wood Siding
    • Foundation: Slab
    • Roof: Shingle

    Condition

    • Year built: 2000
    Utilities & green energy
    • Sewer: Septic Tank
    • Water: Public
    Community & HOA

    HOA

    • Has HOA: No

    Financial & listing details

    • Price per square foot: $220
    • Days on market: 42

    Neighborhood score

    3 / 5

    School score

    5 / 10

    Crime score

    1 / 10