106 King Ave, Morristown, TN 37814
New
$795,000
Property Type:
Multi-Family
Square Footage:
4,500
Status:
Active
Current Price:
$795,000
List Date:
2/25/2026
Last Modified:
2/25/2026
Description
106 King Avenue is a five-unit multifamily investment opportunity located in Morristown, Tennessee. The property features a diverse unit mix, including two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one 4 bed / 2 bath unit, appealing to a broad tenant base and supporting a projected annual income of $75,600. Over $150,000 in recent capital improvements have been completed including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors. This property is located centrally in Morristown with convenient access to I-81 and numerous employers and retailers.
More Information MLS# 1330487
Location, Tax & Legal Info
Area: Hamblen County - 38
City/County Code: City Limits
Elementary School: Hillcrest
Middle School: Meadowview
Total Tax: 2853.3
High School: Morristown East
Contract Info
Auction Y/N: No
Listing Price: 795000
Current Price: $795,000
Status: Active
Listing Date: 2026-02-25
General Property Description
Lot Dimensions: n/a
# Units Leased: 5
Utilities/Mo Avg: 0
Property Status: N/A
Driveway: Paved
SqFt - Total (Aprox): 4500
Number of Units: 5
Year Built: 1974
Remarks & Misc
Directions: From E Morris Blvd turn left onto S Liberty Hill Road. Then turn left onto E Main St. Turn right onto King Ave. The property is on the right.
Public Remarks: 106 King Avenue is a five-unit multifamily investment opportunity located in Morristown, Tennessee. The property features a diverse unit mix, including two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one 4 bed / 2 bath unit, appealing to a broad tenant base and supporting a projected annual income of $75,600. Over $150,000 in recent capital improvements have been completed including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors. This property is located centrally in Morristown with convenient access to I-81 and numerous employers and retailers.
Property Sub-Type
Five or Six Plex: 1
Construction
Frame: 1
Type of Units
1 Bedroom Unit: 1
2 Bedroom Unit: 1
3 or more Bdrm Units: 1
Sale Includes
Building and Land: 1
Miscellaneous
Washer/Dryer Cnctns: 1
Cooling
Central Cooling: 1
Floors
Carpet: 1
Vinyl: 1
Garage/Parking
On Premise Parking: 1
Fuel
Other Fuel: 1
Heat
Central: 1
Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Other Rooms
Bedroom Main Level: 1
Roof
Shingle: 1
Misc Features
Washer/Dryer Connect: 1
New Financing
Cash: 1
Conventional: 1
New Loan: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 106
Street Name: King
St Suffix: Ave
State/Province: TN
Zip Code: 37814
PIN #: 034G A 001.02
Geo Lat: 36.219599
Geo Lon: -83.27948
Status Change Info
Status Change Date: 2026-02-25
Property Features
Property Sub-Type: Five or Six Plex
Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units
Sale Includes: Building and Land
Floors: Carpet; Vinyl
Fuel: Other Fuel
Heat: Central
Cooling: Central Cooling
Appliances: Microwave; Range; Refrigerator
Construction: Frame
Roof: Shingle
Misc Features: Washer/Dryer Connect
Other Rooms: Bedroom Main Level
Miscellaneous: Washer/Dryer Cnctns
New Financing: Cash; Conventional; New Loan
Showing: See Agent Instructns
Listing Office:
PWA Properties
IDX
Office Phone: 865-233-6441
Last Updated: February - 25 - 2026
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