2480 Elk Way, Newport, TN 37821

Newport
Local realty services provided by:Better Homes and Gardens Real Estate Ben Bray & Associates
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#:3117059
Source:NASHVILLE

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1984
  • Listing ID #:3117059
  • Added:61 day(s) ago
  • Updated:March 30, 2026 at 11:38 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Full bathrooms:4
  • Flooring:Carpet, Tile
  • Kitchen Description:Dishwasher, Refrigerator
  • Basement:Yes
  • Living area:2,569 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Central Air
  • Heating:Electric, Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1984
  • Building area:2,569 sq. ft.
  • Lot area:1.15 Acres
  • Lot Features:Level, Rolling Slope
  • Construction Materials:Frame
  • Exterior Features:Deck, Porch
  • Levels:2 Story

Schools

  • High school:Cosby High School
  • Elementary school:Cosby Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$388,800
  • Price per sq. ft.:$151.34
  • Tax amount:$1,246

Features and amenities

  • Appliances:Dishwasher, Refrigerator, Washer
  • Laundry features:Dryer, Washer
  • Amenities:Ceiling Fan(s)

Parking

  • Total parking spaces:2
  • Garage:Yes
  • Garage spaces:2
MLS LogoCopyright 2026 Realtracs Mls. All rights reserved. Realtracs Mls provides content displayed here (“provided content”) on an “as is” basis and makes no representations or warranties regarding the provided content, including, but not limited to those of non-infringement, timeliness, accuracy, or completeness. Individuals and companies using information presented are responsible for verification and validation of information they utilize and present to their customers and clients. Realtracs Mls will not be liable for any damage or loss resulting from use of the provided content or the products available through Portals, IDX, VOW, and/or Syndication. Recipients of this information shall not resell, redistribute, reproduce, modify, or otherwise copy any portion thereof without the expressed written consent of Realtracs Mls.

New listings near 2480 Elk Way