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535 Old Knoxville Highway, Newport, TN 37821

$2,999,900

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BEDS40 BATHS21 full 18 partial MLS#709819

STATUSActive PROPERTY TYPEMulti Unit - Multiple

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Property Description

19 units & 2 Billboard's 6 new triplexes (18 units) that avg $1427 monthly 1 single family home leased at 2500 /mBillboard 150 /m$28,350 MONTHLYProfessionally 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.

535 Old Knoxville Highway | MLS# 709819

This multi-family property located at 535 Old Knoxville Highway, Newport, TN 37821 is currently listed for sale with an asking price of $2,999,900. Search Newport real estate on ccutshaw.easttnliving.net today.

Property Features

Property Type: Multi Unit - Multiple

Cooling: Central Air

Heating: Central

Lot Size: 4.23 Acres

Roof Type: Shingle

Year Built: 2024

Units

Unit Type 1:

Bedrooms: 4

Full Baths: 3

Rent: $2500.00

Square Footage: 2884.00

Unit Type 2:

Bedrooms: 2

Full Baths: 1

Half Baths: 1

Rent: $1450.00

Square Footage: 1000.00

Unit Type 3:

Bedrooms: 2

Full Baths: 1

Half Baths: 1

Rent: $1475.00

Square Footage: 1000.00

Unit Type 4:

Bedrooms: 32

Full Baths: 16

Half Baths: 16

Rent: $22800.00

Square Footage: 16000.00

Feature Descriptions

Appliances: Dishwasher, Refrigerator, Microwave, Electric Oven

Days on Site: 134

Parcel #: 046 14700 000

Sewer: Public Sewer

Water: Public

Listed By / Shown By

Listed By

Agency Name: RE/MAX Real Estate Ten Midtown
Agency Phone: (423) 581-8881

Shown By

Agent Name: Chris Cutshaw
Agent Phone: (423) 312-0667
Agency Title: Crye-Leike Real Estate Services

Source: Lakeway MLS

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Estimated Payment

$ 7,551.45 per month $6,676.48 Principal & Interest $0.00 Property Tax (data not provided by mls) $874.97 Homeowner's Insurance

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535 Old Knoxville Highway, Newport, TN 37821

$2,999,900

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 04/20/2026. The listing information on this page last changed on 04/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/20/2026 5:49:22 AM EST) or GAMLS (last updated Sun 04/19/2026 11:15:02 PM EST) or CARMLS (last updated Mon 04/20/2026 3:35:22 AM EST) or RCAR MLS (last updated Mon 04/20/2026 2:07:07 AM EST) or MAAR MLS (last updated Mon 04/20/2026 1:57:07 AM EST) or FMLS (last updated Sun 04/19/2026 11:43:19 PM EST) or East Tennessee REALTORS (last updated Mon 04/20/2026 12:24:39 AM EST) or RealTracs (last updated Mon 04/20/2026 12:25:31 AM EST) or Arkansas CARMLS (last updated Sun 04/19/2026 11:26:50 PM EST) or GSMAR MLS (last updated Sun 04/19/2026 9:14:04 PM EST) or Baldwin County MLS (last updated Mon 04/20/2026 2:31:09 AM EST) or Tennesse Virginia MLS (last updated Sun 04/19/2026 11:54:31 PM EST) or Emerald Coast MLS (last updated Mon 04/20/2026 12:05:27 AM EST) or Northeast Oklahoma Real Estate (last updated Sun 04/19/2026 11:24:01 PM EST) or Southern Kentucky MLS (last updated Sun 04/19/2026 9:54:40 PM EST) or SOMO MLS (last updated Sun 04/19/2026 11:56:50 PM EST) or North Georgia MLS (last updated Sun 04/19/2026 10:47:18 PM EST) or Golden Triangle MLS (last updated Mon 04/20/2026 1:10:06 AM EST) or MLS United (last updated Mon 04/20/2026 2:06:10 AM EST) or Lakeway MLS (last updated Mon 04/20/2026 1:21:37 AM EST) or Batesville MLS (last updated Mon 04/20/2026 12:00:02 AM EST) or North Central Mississippi MLS (last updated Sun 04/19/2026 9:32:24 PM EST) or Hot Springs MLS (last updated Mon 04/20/2026 12:27:39 AM EST) or Huntsville/Valley MLS (last updated Sun 04/19/2026 10:58:00 PM EST) or Shoals MLS (last updated Mon 04/20/2026 12:31:35 AM EST) or Tupelo MLS (last updated Sun 04/19/2026 11:42:26 PM EST) or NEAKBOR MLS (last updated Sun 04/19/2026 11:10:12 PM EST) or EAKBOR MLS (last updated Mon 04/20/2026 2:43:04 AM EST) or CWTAR MLS (last updated Mon 04/20/2026 12:11:23 AM EST) or NWAKBOR MLS (last updated Mon 04/20/2026 2:39:13 AM EST) or Upper Cumberland MLS (last updated Sun 04/19/2026 11:59:41 PM EST) or Hattiesburg MLS (last updated Sun 04/19/2026 10:59:13 PM EST) or Puerto Rico MLS (last updated Mon 04/20/2026 1:35:07 AM EST). Real estate listings held by brokerage firms other than Crye-Leike Real Estate Services may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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535 Old Knoxville Highway, Newport, TN 37821

Property Description

535 Old Knoxville Highway | MLS# 709819

Property Features

Units

Feature Descriptions

Listed By / Shown By

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535 Old Knoxville Highway, Newport, TN 37821

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