Courtesy: Country Living Realty
423-430-9012
Turnkey Smoky Mountains Investment Opportunity - Income-Producing Tri-Plex + Single-Family Home with Mountain Views both front and rear. Total lease for the four units combined $5,900 monthly Income. Discover a rare, cash-flowing multi-property asset in East Tennessee featuring a fully leased tri-plex and a separate single-family residence also leased, ideally located near medical facilities, shopping, and dining. The tri-plex offers three 1-bedroom, 1.5-bath units (1,187 SF each), all currently producing income and well suited for either long-term or short-term rental strategies. Recent capital improvements include a brand-new roof on both the Tri-Plex and house and new HVAC systems on the tri-plex, significantly reducing near-term maintenance and capital expenditure for the next owner. Next door, the 3-bedroom, 4-bath single-family home adds another income stream or provides an excellent owner-occupant option. The home is 2,569 sq ft with a two-car garage and features a newly built deck, and a partially fenced yard. Additional value comes from the open frontage land and a total of 1.93 acres offering future development or expansion potential (subject to zoning), making this a compelling value-add opportunity. Whether you're looking to expand a rental portfolio, capitalize on short-term rental demand near the Smokies, or have a single-family residence while generating multiple income streams, this property delivers: Immediate cash flow Multiple rental strategies, major system upgrades already completed desirable location Long-term appreciation potential A true turnkey investment with flexibility. This property is 53 minutes to Knoxville, 48 minutes to Pigeon Forge or Gatlinburg and only 45 minutes to Hot springs NC.
17 top-of-the-mountain acres — a very large parcel for the area with amazing long-range mountain views and a creek at bottom of forest. Turnkey investment offering two rental units, both currently tenant-occupied. Save property taxes with Greenbelt status (#5932). End of paved road with no traffic. Private country living with room to grow! Nestled on a spacious, gently rolling tract in Newport, this sturdy brick home offers a peaceful rural setting surrounded by mature trees, open yard space and Mountain View's for miles. The main residence features solid brick construction, a metal roof, and an elevated rear deck ideal for relaxing or entertaining while enjoying the natural surroundings. Trails for walking are found through the property and a mountain stream at the border. The lower level provides exterior access and flexible space suitable for storage, workshop use, or future expansion. A covered parking area and additional outbuildings add functionality for equipment, recreational toys, or hobby use. Also included on the property is a separate manufactured home offering excellent potential for multi-generational living, guest accommodations, or rental income (currently rented). The land provides ample space for gardening, animals, or simply enjoying the privacy and quiet of country life. Conveniently located within a short drive to Newport amenities while maintaining a secluded feel, this property presents a unique opportunity for homeowners, investors, or those seeking a rural retreat with versatility. Sold as-is. Buyer to verify all information. Great Smoky Mountains National Park, Dinner shows, museums, world-class resorts and live entertainment nearby as Gatlinburg and Pigeon Forge is just 40 minutes away.
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.
Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067
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Newport is located in Tennessee. Newport, Tennessee has a population of 6,845. Newport is more family-centric than the surrounding county with 24.11% of the households containing married families with children. The county average for households married with children is 22.79%.
The median household income in Newport, Tennessee is $33,736. The median household income for the surrounding county is $41,558 compared to the national median of $69,021. The median age of people living in Newport is 38.6 years.
The average high temperature in July is 87 degrees, with an average low temperature in January of 25.9 degrees. The average rainfall is approximately 46.5 inches per year, with 4.4 inches of snow per year.
