2480-2482 Elk Way Newport, TN 37821
Property details
About 2480-2482 Elk Way
If you are looking for a great investment opportunity with amazing Smoky Mountain views, look no further! This listing includes 3 bedroom 4 bathrooms home PLUS three 1-bedroom townhomes which are currently fully rented. This listing also includes nearly 2 acres of land You could live in the Main house while managing your rentals right next door or make the Main House a rental as well! ****THE ''Main'' HOUSE: The home has fenced in yard for your pets. Built in 1984 with approx.. 2350 sq. ft. 3 bedrooms/4 baths. 2 car attached garage. Has a brand-new rear deck and roof. Plenty of yard space for group activities. Property taxes-$858.00 No problem here with cell coverage. A tower is just a hop, skip and a jump away. TRI-PLEX: All Townhomes have new HVAC units and new roofs. All Units (Home and each Townhome) have separate water and electric meters. Each unit in the Tri-plex is 1136 square feet. The Triplex was built in 2000. Property taxes-$2,139.00
Highlights
Summary
- MLS Number: 9975697
- MLS Name: Tennessee/Virginia Regional MLS
- Office Name: Century 21 Legacy - Greeneville
- Office Phone: (423) 639-6781
- Office Email: brianc21legacy@gmail.com
- Listing Agent: George Francisco
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively 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. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/10/2025, 12:50:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$760,000
2480-2482 Elk Way
$9,025
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
5
Catons Chapel Elementary School
Public District PK-6
14.6 mi
•3135 Catons Chapel Rd
5
Pittman Center Elementary School
Public District PK-6
14.6 mi
•2455 E Parkway
6
Dandridge Elementary School
Public District PK-5
15.3 mi
•780 Highway 92 S
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,657. The majority of Newport, TN residents have income less than $<35k annually. Most families are married, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NASCAR
Monster Trucks
Hunting
Where do the neighbors shop?
Dollar General
Wal-Mart
Bass Pro Shops
Where do the neighbors go to eat?
Hardee's
Jimmy Johns
Applebees
What do the neighbors drive?
GMC
Chevrolet
Ram
What do the neighbors listen to?
Classic Country- Country
New Country
Frequently asked questions
About 2480-2482 Elk Way
This home is located at 2480-2482 Elk Way in Newport, TN and zip code 37821. This 5,758 square foot home, which was built in 1984, sits on a 1.93 acre lot. Features: 6 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since February 4, 2025 and is currently priced at $760,000.
Newport, TN housing market in February 2025 saw over 1 listings sold above listed price, more than 2 sold at listed price and over 6 sold below. The inventory of homes for sale in Newport, TN between January and February 2025 increased by 20.6%. In February 2025 median list price was $249,950 and the average listing age was 166 days.