3

Newport, TN Multifamily Homes & Duplexes for Sale

Section Image
  • /89

    $1,750,000

    • 10 Beds
    • 9.5 Baths
    • 7,600 Sq Ft

    116 Circle Rd, Newport, TN 37821

    Unwind Acres - Turnkey Investment Opportunity in East TN with Multiple Income Streams!Investors, take note! Located at 104-116 Circle Rd in Newport, TN, Unwind Acres spans 4.1 unrestricted acres and includes a fully operational campground with 9 RV pads and eight income-producing rental units. Grossing over $150,000 in revenue over the past 12 months, this property is a cash-flowing

    Jamey Southerland Keller Williams Properties

    116 Circle Rd, Newport, TN 37821
  • /20

    $339,900

    • 4 Beds
    • 4 Baths
    • 1,800 Sq Ft

    2481 Elk Way, Newport, TN 37821

    Income-Producing 5-Unit multi-family property offers immediate rental income and room to grow. Each unit is a 1bed/1 bath, approximately 600 sq fteach, for a total of 3,000 sq ft.Three units are currently rented, with the center section offering flexibility for two more one bedroom units or a 2 bedroom unit-buyer's choice.Key Features:Mountain Views from every unitTwo septic tanks on siteNew

    Joe Shults MASON REALTY COMPANY

    2481 Elk Way, Newport, TN 37821
  • /23

    $3,550,000 New Construction

    • 19,392 Sq Ft

    535 Old Knoxville Hwy, Newport, TN 37821

    Prime Investment Opportunity: Modern 19 Unit Complex with High Growth PotentialPrime Investment Opportunity | New ConstructionCap Rate: 7.2%NOI: Solid and stable, with full occupancy across unitsThis is a recently completed new construction multifamily property featuring 19 units total, comprised of six triplexes, one single-family home, and two income-producing

    Abé Baah Realty Executives Associates

    535 Old Knoxville Hwy, Newport, TN 37821

Home Trends in Newport, TN

Housing Trends

Median Sale Price
$275,000
Median Single Family Sale Price
$289,000
Median 2 Bedroom Sale Price
$165,000
Average Price Per Sq Ft
$190
Number of Homes for Sale
78
Last 12 months Home Sales
275
Months of Supply
3.40
Median List Price
$299,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
18%
How to Buy a Home How to Finance a Home How to Sell a Home