2480 Elk Way, Newport, TN 37821

Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
2480 Elk Way,Newport, TN 37821
$388,800
  • 3 Beds
  • 4 Baths
  • 2,569 sq. ft.
  • Single family
  • Active
Listed by: donald fabrikant
Office: country living realty
MLS#:1327739
Source:TN_KAAR

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 #:1327739
  • Added:3 day(s) ago
  • Updated:January 30, 2026 at 04:56 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:2,569 sq. ft.

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Electric, Heat Pump

Structure and exterior

  • Year built:1984
  • Building area:2,569 sq. ft.
  • Lot area:1.15 Acres

Schools

  • High school:Cosby
  • Elementary school:Cosby

Utilities

  • Sewer:Septic Tank

Finances and disclosures

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

New listings near 2480 Elk Way