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535 Old Knoxville Highway, Newport, TN 37821

Newport
Local realty services provided by:CENTURY 21 Legacy
535 Old Knoxville Highway,Newport, TN 37821
$2,999,900
  • - Beds
  • 39 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: bj kramps
Office: re/max real estate ten midtown
MLS#:709819
Source:TN_LAMLS

Price summary

  • Price:$2,999,900

About this home

19 units & 2 Billboard's 6 new triplexes (18 units) that avg $1427 monthly 1 single family home leased at 2500 /m Billboard 150 /m $28,350 MONTHLY Professionally self managed, these are accurate numbers, & current rent roll. Written leases with deposits & pet fees that transfer. This one produces cash immediately & is running on all 6 cylinders. Tenants are current & often all 19 units are fully occupied.

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Home facts

  • Year built:2024
  • Listing ID #:709819
  • Added:102 day(s) ago
  • Updated:March 19, 2026 at 02:16 PM

Rooms and interior

  • Total bathrooms:39
  • Half bathrooms:18
  • Kitchen Description:Dishwasher, Electric Oven, Microwave, Refrigerator

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:2024
  • Lot area:4.23 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$2,999,900
  • Tax amount:$26,100 (2024)

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