Morristown, TN Multifamily Homes & Duplexes for Sale

/55
$749,999
- 5 Beds
- 4 Baths
- 2,682 Sq Ft
2840-2830 Robinson Creek Rd, Morristown, TN 37813

What a rare opportunity to own a true piece of Tennessee heaven with over 31 acres of rolling pastureland, mountain views, and a flowing creek. This beautiful property includes not one, but two homes—a 1991 singlewide 924 sq ft of living space with 2 bedrooms and 2 baths, and a 2018 Norris doublewide 1758 sq ft of living space offering 3 bedrooms, 2 baths, and an open-concept floor plan. Three

Burlin Allen Re/Max Between the Lakes Jeff City

2840-2830 Robinson Creek Rd, Morristown, TN 37813
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/24
$379,900
- 6 Beds
- 3 Baths
- 1,537 Sq Ft
5954 Hiawatha Rd, Morristown, TN 37814

Investment Opportunity in West End Morristown - 9% Cap Rate Triplex on Nearly 1 AcreLocated in a desirable area of West End Morristown, this well-positioned triplex sits on a spacious 0.94-acre lot and offers immediate cash flow with a current cap rate of approximately 9%. Each unit is separately metered and fully occupied, providing stable rental income with room for future

RONALD BLEDSOE Re/Max Real Estate Ten Midtown

5954 Hiawatha Rd, Morristown, TN 37814
/51
$520,000
- 4 Beds
- 4 Baths
- 2,074 Sq Ft
711 Panther Creek Ct, Morristown, TN 37814

Rare Investment Opportunity in Prime West Morristown Location!This all-brick and siding duplex in the heart of West Morristown is a true gem—offering two mirror units, each with 2 bedrooms, 2 full baths, and over 1,030 sq ft of living space per side. Properties like this rarely come available in such a desirable area.Each unit features a 1-car garage, large bedrooms with spacious

Corbin Norton Crye-Leike Lakeway West

711 Panther Creek Ct, Morristown, TN 37814
/21
$350,000
- 2,272 Sq Ft
1637 Jefferson St, Morristown, TN 37814

JUST REDUCED - BRICK MORRISTOWN TRIPLEX - FULLY RENTED - NEW ROOF!!This fully rented, triplex offers a fantastic investment opportunity in a prime location, just 2 miles to Cherokee Park on Cherokee Lake and convenient to the local neighborhood Wal-Mart. Built in 1978, the property has been meticulously maintained and is ready for its next owner. Two of the three units have been completely

Solange Velas Goldman Partners Realty, LLC

1637 Jefferson St, Morristown, TN 37814
/5
$2,700,000
- 12,801 Sq Ft
305-365 Barkley Landing Dr, Morristown, TN 37813

Brand New Construction Multi-Family Investment Property - 12 Fully Leased Units in Morristown, TNIntroducing an outstanding investment opportunity with three newly built 4-unit apartment buildings in the thriving market of Morristown, Tennessee. Completed in 2024, this brand new construction multi-family asset features 12 spacious, tenant-occupied units offering immediate income and

Alyssa Champagne Prime Mountain Properties

305-365 Barkley Landing Dr, Morristown, TN 37813
/12
$525,000
- 560 Sq Ft
1418 Mae Collins Rd, Morristown, TN 37813

An excellent investment opportunity for the entrepreneur seeking a cash flow property! Situated on 1.7 acres in Morristown, this property features 11 available lots, currently housing 7 single-wide mobile homes, with all homes conveying with the purchase.Home Details:2 bedrooms, 1 bathroomApproximate size: 14x40 (buyer should confirm exact dimensions)Some units have washer/dryer hookupsWindow

Jim Griffin LPT Realty - Griffin Home Group

1418 Mae Collins Rd, Morristown, TN 37813
/12
$525,000
- 8 Beds
- 4 Baths
- 560 Sq Ft
1418 Mae Collins Rd, Morristown, TN 37813

An excellent investment opportunity for the entrepreneur seeking a cash flow property! Situated on 1.7 acres in Morristown, this property features 11 available lots, currently housing 7 single-wide mobile homes, with all homes conveying with the purchase. Home Details: 2 bedrooms, 1 bathroom Approximate size: 14x40 (buyer should confirm exact dimensions) Some units have washer/dryer hookups

Jim Griffin Griffin Home Group

1418 Mae Collins Rd, Morristown, TN 37813

Tennessee Hamblen County Morristown

Why Live in Morristown

Morristown, Tennessee, the largest city in Hamblen County, is steeped in Civil War history, notably the Battle of Morristown in 1864. The city blends historical preservation with modern amenities, highlighted by The Longstreet Museum and the revitalized downtown 'Skymart' district. Housing options span from early 20th-century bungalows and American Foursquares to midcentury brick homes and post-2000s New Traditionals. Morristown offers numerous attractions, including Cherokee Reservoir and Douglas Lake for fishing, skiing, and camping, and over a dozen public parks like Frank Lorino Park and Jolley Park. The Talley Ward Recreation Center and The Country Club provide indoor and golfing activities. Shopping ranges from boutiques on Historic Main Street to big-box stores along U.S. Route 11 East, and cultural diversity is reflected in the local food scene. The Rose Center and Crockett Tavern Museum offer cultural and historical experiences. Morristown is conveniently located near Knoxville and Gatlinburg, both about 50 miles away, with access to major employers and healthcare facilities. The Hamblen County School District serves over 10,000 students, and Walters State Community College offers higher education opportunities.

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Home Trends in Morristown, TN

On average, homes in Morristown, TN sell after 32 days on the market compared to the national average of 70 days. The median sale price for homes in Morristown, TN over the last 12 months is $313,000, up 3% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price

$313,000

Median Single Family Sale Price

$326,662

Average Price Per Sq Ft

$200

Number of Homes for Sale

Last 12 months Home Sales

288

Months of Supply

1.50

Median List Price

$349,000

Median Change From 1st List Price

Median Home Sale Price YoY Change

How to Buy a Home How to Finance a Home How to Sell a Home

In Morristown, there are currently 7 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $350,000 to $2,700,000, there's a range to accomodate every budget. As of August, 2025 the median home price in Morristown is $349,000, while the average sale price is $330,310, offering insights into the local housing market. On average, multi-family homes spend 32 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Morristown, TN.

Morristown Types of Homes for Sale

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