13 days on rocket

2536 Newport Hwy, Sevierville, TN, 37876

$849,000

Home List Price

$10,000*

Closing Credit

0 Baths
6,076 SqFt
$140/SqFt
House
Schools Nearby

Location

Image provided by Mapbox

Get An Agent. Get A Mortgage.

Save BIG.

Rocket Homes logo

2536 Newport Hwy, Sevierville$849,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

Rocket Homes logo

Still Have Questions? Contact Us.

Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingOn Premise Parking
Year Built1977
HeatingCentral, Electric
CoolingCentral Air, Ceiling Fan(s)
MLS #1263469
Lot Size1.43 Acres
StatusActive

About 2536 Newport Hwy

**Investment Opportunity - Multi-Family Property in Sevierville, TN** Welcome to 2536 Newport Hwy, a promising multi-family residence situated in the scenic and vibrant community of Sevierville, Tennessee. This property offers a range of flexible living options with 6 units varying from 2 to 4 bedrooms and 1 to 3 bathrooms, catering to different family sizes and needs. Located mere minutes from the enchanting Dollywood, residents can enjoy easy access to one of Tennessee's most beloved attractions, along with other local amenities such as Sevier County High School, Tanger Outlets, and Food City. This proximity to major attractions and essential services enhances the appeal of the property, potentially increasing rental demand. For investors, this property does not just offer immediate rental income; it also holds excellent renovation potential. Whether you're looking to refresh the units for higher rent yields or to reconfigure the property to suit a changing market, the possibilities are substantial. The community features of Sevierville are an added allure with its picturesque landscapes, local parks, and a tight-knit community vibe that makes it a charming place to live. The area's growing popularity amongst tourists and locals alike suggests a steady appreciation of property values over time. This property represents a strategic investment opportunity that promises both short-term gains through rental income and long-term growth through capital appreciation. Whether you are an experienced investor looking to expand your portfolio or a newcomer to real estate investments, 2536 Newport Hwy offers a solid foundation to build upon. Schedule a viewing today to see firsthand the potential this multi-family residence has to offer. Embrace the opportunity to invest in a property where demand is as enduring as the scenic beauty of Sevierville.

Property Details

Property Features

Property Information:

  • Year Built: 1977
  • Living Area: 6,076 SqFt

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 342-4200

Interior Features

Interior Information:

  • Appliances: Refrigerator
  • Flooring Type: Laminate, Carpet, Vinyl, Slate

Exterior Features

Exterior Information:

  • Exterior: Windows - Vinyl, Windows - Aluminum

Parking Information:

  • Attached Garage: No
  • Parking: On Premise Parking

Lot Features

Lot Information:

  • Lot Size: 1.43 Acres

Utilities

Utilities Information:

  • Heating: Central, Electric
  • Cooling: Central Air, Ceiling Fan(s)

School Info

Assigned Schools Information:

  • Sevier County High School, Public District Grades 9-12
  • Pigeon Forge High School, Public District Grades 9-12
  • Gatlinburg Pittman High School, Public District Grades 9-12
  • New Center Elementary School, Public District Grades KG-8
  • Catons Chapel Elementary School, Public District Grades PK-8
  • Sevierville Middle School, Public District Grades 6-8
  • Sevierville Intermediate School, Public District Grades 3-5
  • Catlettsburg Elementary School, Public District Grades KG-6
  • Northview Elementary School, Public District Grades KG-3

Other

Directions Information:

  • Directions: 441 South, 4.8 miles past Sevier County HS, property will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $849,000
  • Price Per SqFt: $140/SqFt

Tax Information:

  • Annual Amount: $387
  • Tax Year: 2020
House and calculator

What can I afford?

Understand what home price range makes sense for your budget.

Housing Market Comparison

See how this home compares to others in Sevierville, TN.

Map thumbnail provided by MapBox

Sevierville, TN

City

Med. Sold Price

$483.8K

Med. Price/SqFt

$290

Avg. Days On Market

59

# of Sold Homes

52

2536 Newport Hwy vs Sevierville

13 DAYS ON ROCKET

-46 Days

$849,000

+$365.2K More

$140/SqFt

-$151 Less

KEY TAKEAWAY

This property is $365.2K more than the Median Sold Price and $151/SqFt less than other homes in Sevierville, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1263469

Listing Office:

  • Office Name: Wallace
  • Office Phone: (865) 342-4200

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively 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. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 12:50:39 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$387$27,775
2019$387$20,825
2018$387$20,825
2017$387$20,825

History based on county public records data.

Payment Calculator

$4,305

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,612

Powered By

Rocket Mortgage

Advertisement

NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7842333
2
/10

  • Sevierville Intermediate School

  • 416 High St

  • 6.17 miles

  • Public District Grades 3-5

school-card-donut-7842334
5
/10

  • Catlettsburg Elementary School

  • 1409 Catlettsburg Rd

  • 7.12 miles

  • Public District Grades KG-6

school-card-donut-7842335
3
/10

  • Northview Elementary School

  • 3293 Douglas Dam Rd

  • 10.48 miles

  • Public District Grades KG-3

Middle School

school-card-donut-7842336
4
/10

  • New Center Elementary School

  • 2701 Old Newport Hwy

  • 0.70 miles

  • Public District Grades KG-8

school-card-donut-7842337
5
/10

  • Catons Chapel Elementary School

  • 3135 Catons Chapel Rd

  • 5.80 miles

  • Public District Grades PK-8

school-card-donut-7842338
3
/10

  • Sevierville Middle School

  • 520 High St

  • 6.19 miles

  • Public District Grades 6-8

High School

school-card-donut-7842339
5
/10

  • Sevier County High School

  • 1200 Dolly Parton Pkwy

  • 4.56 miles

  • Public District Grades 9-12

school-card-donut-7842340
5
/10

  • Pigeon Forge High School

  • 414 Tiger Dr

  • 9.46 miles

  • Public District Grades 9-12

school-card-donut-7842341
7
/10

  • Gatlinburg Pittman High School

  • 150 Proffitt Rd

  • 10.49 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,750. The majority of Sevierville, TN residents have income between $35k-100k annually. Residents typically live in married, with kids family. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2536 Newport Hwy

What is the listing price of this property?

The listing price of 2536 Newport Hwy property is $849,000.

What type of property is this?

The property 2536 Newport Hwy is a house located in Sevierville, Tennessee, 37876.

Is this property for sale now?

Active Listing: 2536 Newport Hwy is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2536 Newport Hwy are:
Sevierville Intermediate School: GreatSchools Rating 2/10
Catlettsburg Elementary School: GreatSchools Rating 5/10
Northview Elementary School: GreatSchools Rating 3/10
New Center Elementary School: GreatSchools Rating 4/10
Catons Chapel Elementary School: GreatSchools Rating 5/10
Sevierville Middle School: GreatSchools Rating 3/10
Sevier County High School: GreatSchools Rating 5/10
Pigeon Forge High School: GreatSchools Rating 5/10
Gatlinburg Pittman High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $387 (source: MLS/based on county public records data).

What is the square footage of this property?

The property 2536 Newport Hwy is 6,076 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2536 Newport Hwy is 1977.

Rocket Homes›Tennessee›Sevier County›Sevierville›37876›2536 Newport Hwy

This home is located at 2536 Newport Hwy in Sevierville, TN and zip code 37876. This 6,076 square foot home, which was built in 1977, sits on a 1.43 acre lot. It has been listed on Rocket Homes since May 20, 2024 and is currently priced at $849,000.

Sevierville, TN housing market in May 2024 saw over 5 listings sold above listed price, more than 9 sold at listed price and over 37 sold below. In May 2024 in Sevierville, TN there were 12.3% more homes for sale than in April 2024. In May 2024, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $483,800.

From Rocket Homes Real Estate and based on county public records data.

More Resources