Morristown, TN 37814
New
$414,500
Property Type:
Multi-Family
Square Footage:
2,404
Status:
Active
Current Price:
$414,500
List Date:
3/23/2026
Last Modified:
3/23/2026
Overview
Description
Prime cash-flow investment opportunity in Morristown, TN. Fully remodeled duplex featuring two 3BR / 1.5BA units, offering strong tenant appeal and no upfront improvements. Property is turn-key and ready for immediate leasing. Estimated rental potential of $3,600 per month ($43,200 annually) makes this an attractive option for investors seeking strong returns. Spacious layouts, updated finishes, and solid rental demand in the area position this property for consistent income and long-term appreciation. Ideal for investors building a portfolio or buyers looking to house hack by living in one unit and renting the other. Rare opportunity to secure a fully renovated multi-unit with strong income potential. 1 unit is currently rented
Listing Details MLS# 1333771
Location Tax Legal Info
- State/Province
- TN
- Zip Code
- 37814
- PIN #
- 025H H 009.00
- Subdivision
- Drinnon Hts 2
Contract Info
- Auction Y/N
- No
- Listing Price
- 414500
General Property Description
- SqFt - Total (Aprox)
- 2404
- Lot Dimensions
- --
- Number of Units
- 5
- Year Built
- 1970
- Property Status
- N/A
- Driveway
- ---
Status Change Info
- Status Change Date
- 2026-03-23
Location, Tax & Legal Info
- Area
- Hamblen County - 38
- City/County Code
- City Limits
- Total Tax
- 1125.07
Remarks & Misc
- Directions
- From Knoxville take I-40 E / I-81 N toward Bristol. Take Exit 8 (US-25E) toward Morristown. Continue toward Morristown, left on W Morris Blvd, right on S Hill St, left on Clancy Ave. Property on right.
- Public Remarks
- Prime cash-flow investment opportunity in Morristown, TN. Fully remodeled duplex featuring two 3BR / 1.5BA units, offering strong tenant appeal and no upfront improvements. Property is turn-key and ready for immediate leasing. Estimated rental potential of $3,600 per month ($43,200 annually) makes this an attractive option for investors seeking strong returns. Spacious layouts, updated finishes, and solid rental demand in the area position this property for consistent income and long-term appreciation. Ideal for investors building a portfolio or buyers looking to house hack by living in one unit and renting the other. Rare opportunity to secure a fully renovated multi-unit with strong income potential. 1 unit is currently rented
More Information
Property Sub-Type
- Duplex
- Yes
Construction
- Other
- Yes
Type of Units
- 3 or more Bdrm Units
- Yes
Siding
- Brick
- Yes
Sale Includes
- Building and Land
- Yes
Cooling
- Central Cooling
- Yes
- Other
- Yes
Floors
- Vinyl
- Yes
Garage/Parking
- Garage Spaces
- 1
- Other
- Yes
Fuel
- Electric
- Yes
Heat
- Central
- Yes
- Heat Pump
- Yes
Appliances
- Other
- Yes
Other Rooms
- Other
- Yes
Roof
- Shingle
- Yes
Misc Features
- Internet Available
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
Duplex
Type of Units:
3 or more Bdrm Units
Sale Includes:
Building and Land
Floors:
Vinyl
Fuel:
Electric
Heat:
Central; Heat Pump
Cooling:
Central Cooling; Other
Appliances:
Other
Construction:
Other
Roof:
Shingle
Siding:
Brick
Misc Features:
Internet Available
Other Rooms:
Other
New Financing:
Cash; Conventional; FHA; VA Loan
Showing:
See Agent Instructns
Listing Office:
Your Home Sold Guaranteed Real
IDX
Office Phone: 865-365-2280
Last Updated: March - 23 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use,
it may not be used for any purpose other than to identify prospective properties
consumers may be interested in purchasing, and that the data is deemed reliable but
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