1508-1514 Taft St, Morristown, TN 37814
New
$450,000
Property Type:
Multi-Family
Square Footage:
3,045
Lot Size (sq. ft.):
29,621
Status:
Active
Current Price:
$450,000
List Date:
3/23/2026
Last Modified:
3/23/2026
Overview
Description
ALL BRICK MORRISTOWN FOUR PLEX - INCOME PRODUCING
This fourplex presents a strong investment opportunity in a good location, just minutes from Walmart and other amenities. Built in 1971, each of the four units features a spacious and thoughtfully designed 2-bedroom, 1-bath layout. All units include laminate flooring, PTAC systems, and are equipped with a stove and refrigerator. Washer and dryer connections are also available in every unit. Tenants pay a flat fee for seller-provided Wi-Fi and are responsible for all utilities. With its proximity to major retail, dining options, highways, and public services, this fourplex is a strong addition to any investment portfolio. Current video tours of each unit have been provided for review. Unit 1508 has been left vacant for in-person showings. There is no sign on the property, and we respectfully request that residents not be disturbed.
Listing Details MLS# 1333721
Location Tax Legal Info
- House #
- 1508-1514
- Street Name
- Taft
- St Suffix
- St
- State/Province
- TN
- Zip Code
- 37814
- PIN #
- 025H A 019.00
- Subdivision
- Drinnon Hts 2
Contract Info
- Auction Y/N
- No
- Listing Price
- 450000
General Property Description
- SqFt - Total (Aprox)
- 3045
- Lot Dimensions
- 200x149
- Lot Size SqFt
- 29621
- Number of Units
- 4
- # Units Leased
- 3
- Year Built
- 1971
- Property Status
- N/A
- Driveway
- Paved
- Lease Information
- 4 - 2 BR +1 BA $999-$1150
- Utilities/Mo Avg
- 0
Status Change Info
- Status Change Date
- 2026-03-23
IncomeExpenses
- Net Operating Income
- 42751
Location, Tax & Legal Info
- Area
- Hamblen County - 38
- City/County Code
- City Limits
- Total Tax
- 2138.88
More Information
Remarks & Misc
- Directions
- From I-40 East take Exit 421 North towards Bristol. Take exit 8 to Morristown, .5 miles turn right onto Davy Crockett Pkwy to Cumberland Gap Park, in 6.4 miles veer left onto N Davy Crockett Pkwy, in 2.8 miles turn left onto Cherokee Park Rd. 900 ft turn left again onto Buffalo Trail, in .9 turn right onto Wagon Wheel Dr, 600 ft ahead turn left onto Shady Ln. In half a mile turn right onto Lakeview Dr and Taft st is just ahead on your left. The fourplex will be on your left.
- Public Remarks
- ALL BRICK MORRISTOWN FOUR PLEX - INCOME PRODUCING This fourplex presents a strong investment opportunity in a good location, just minutes from Walmart and other amenities. Built in 1971, each of the four units features a spacious and thoughtfully designed 2-bedroom, 1-bath layout. All units include laminate flooring, PTAC systems, and are equipped with a stove and refrigerator. Washer and dryer connections are also available in every unit. Tenants pay a flat fee for seller-provided Wi-Fi and are responsible for all utilities. With its proximity to major retail, dining options, highways, and public services, this fourplex is a strong addition to any investment portfolio. Current video tours of each unit have been provided for review. Unit 1508 has been left vacant for in-person showings. There is no sign on the property, and we respectfully request that residents not be disturbed.
Income/Expenses
- Gross Annual Income
- 51696
- Annual Oper Expenses
- 8945
Property Sub-Type
- Four Plex
- Yes
Construction
- Frame - Brick
- Yes
Type of Units
- 2 Bedroom Unit
- Yes
- Garden
- Yes
Siding
- Brick
- Yes
Sale Includes
- Building and Land
- Yes
Miscellaneous
- Porch
- Yes
- Washer/Dryer Cnctns
- Yes
Cooling
- Wall Cooling
- Yes
Floors
- Laminate
- Yes
- Vinyl
- Yes
Garage/Parking
- On Premise Parking
- Yes
Tenant Expenses
- Tenant Pays All Util
- Yes
Owner Expenses
- Exterior Maintenance
- Yes
- Insurance
- Yes
- Lawn Maintenance
- Yes
- Roof Maintenance
- Yes
- Taxes
- Yes
Fuel
- Electric
- Yes
Heat
- Zoned
- Yes
Appliances
- Range
- Yes
- Refrigerator
- Yes
Other Rooms
- Mstr Bdrm Main Level
- Yes
Roof
- Metal
- Yes
Exterior Features
- Patio
- Yes
Misc Features
- Washer/Dryer Connect
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- New Loan
- Yes
- VA Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Four Plex
Type of Units:
2 Bedroom Unit; Garden
Sale Includes:
Building and Land
Floors:
Laminate; Vinyl
Tenant Expenses:
Tenant Pays All Util
Owner Expenses:
Exterior Maintenance; Insurance; Lawn Maintenance; Roof Maintenance; Taxes
Fuel:
Electric
Heat:
Zoned
Cooling:
Wall Cooling
Appliances:
Range; Refrigerator
Construction:
Frame - Brick
Roof:
Metal
Siding:
Brick
Exterior Features:
Patio
Misc Features:
Washer/Dryer Connect
Other Rooms:
Mstr Bdrm Main Level
Miscellaneous:
Porch; Washer/Dryer Cnctns
New Financing:
Cash; Conventional; FHA; New Loan; VA Loan
Showing:
See Agent Instructns
Documents
Property Financials ›
Listing Office:
Goldman Partners Realty, LLC
IDX
Office Phone: 865-444-3240
Last Updated: March - 23 - 2026
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