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2480 Elk Way, Newport, TN 37821

Newport
Local realty services provided by:CENTURY 21 Legacy
2480 Elk Way,Newport, TN 37821
$388,800
  • 3 Beds
  • 4 Baths
  • 2,569 sq. ft.
  • Single family
  • Active
Listed by: don fabrikant
Office: country living realty
MLS#:9990558
Source:TNVA_MLS

Price summary

  • Price:$388,800
  • Price per sq. ft.:$151.34

About this home

Turnkey Smoky Mountains Investment Opportunity - Single-Family Home with Mountain Views. Discover a well-maintained, income-producing single-family home in East Tennessee, ideally located near medical facilities, shopping, and dining—an excellent option for both investors and owner-occupants. This 3-bedroom, 4-bath residence offers 2,569 square feet, a two-car garage, and sits on 1.15 acres, providing strong rental potential and long-term value. The property features mountain views from both the front and rear, a partially fenced yard, and a peaceful setting attractive to both long-term tenants and short-term rental guests. Recent capital improvements include a new roof and new deck, minimizing near-term maintenance costs and enhancing overall asset quality. The open frontage land also offers potential for future expansion or development (subject to zoning regulations). For investors, the adjacent income-producing tri-plex is also available and can be purchased as part of a package...

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Home facts

  • Year built:1884
  • Listing ID #:9990558
  • Added:70 day(s) ago
  • Updated:April 07, 2026 at 03:02 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Full bathrooms:4
  • Rooms Total:7
  • Flooring:Carpet, Tile
  • Kitchen Description:Cooktop, Dishwasher, Electric Range, Laminate Counters, Refrigerator
  • Living area:2,569 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Year built:1884
  • Building area:2,569 sq. ft.
  • Lot area:1.15 Acres
  • Architectural Style:Ranch
  • Construction Materials:Wood Siding
  • Exterior Features:Rear Porch, Side Porch

Schools

  • High school:Cosby
  • Middle school:Cosby
  • Elementary school:Cosby

Utilities

  • Water:Public
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$388,800
  • Price per sq. ft.:$151.34

Features and amenities

  • Appliances:Dishwasher, Electric Range, Refrigerator, Washer
  • Laundry features:Dryer, Electric Dryer Hookup, Washer
  • Amenities:Double Pane Windows, Open Floorplan

Parking

  • Parking description:Driveway, Garage Door Opener, Gravel Driveway
  • Garage spaces:2

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