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Morristown, TN Multifamily Homes & Duplexes for Sale

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  • /23

    $399,900

    • 2 Beds
    • 2 Baths
    • 2,280 Sq Ft

    510 S Liberty Hill Rd, Morristown, TN 37813

    Excellent Brick Duplex with over 2,000SF of living space. Several updates have been done inside. Each unit is 2Br/2BA. Separate electric/water meters. City sewer. Gas is also available. High speed internet. Large unfinished basement with garage spaces. Good parking areas, and level yard space. Tons of storage space. Great location in the heart of Morristown. This is a well taken care of duplex.

    Joey Bruce RE/MAX Between the Lakes, Inc.

    510 S Liberty Hill Rd, Morristown, TN 37813
  • /16

    $279,000

    • 4 Beds
    • 2 Baths
    • 1,456 Sq Ft

    1710 Collinson Ford Rd, Morristown, TN 37814

    Duplex investment property in West Morristown in a wonderful location. Each side has 2 Bedrooms and 1 Bathroom with a basement garage. Has been remodeled as needed inside and out. All appliances present on the property are included. One side is empty ready for a viewing with 24 hours notice and the other side is currently rented. Easy to rent and superb return on investment! TEXT listing agent

    Joe Patel RE/MAX Real Estate Ten Midtown

    1710 Collinson Ford Rd, Morristown, TN 37814
  • /7

    $249,900

    • 4 Beds
    • 3.5 Baths
    • 1,680 Sq Ft

    926 E Main St, Morristown, TN 37814

    Turn-Key Triplex in the Heart of Morristown—Fully Leased & Cash-FlowingExpand your portfolio with this income-producing triplex offering three rentable spaces: two side-by-side main-level units plus a basement efficiency—each occupied on annual leases. Current figures show approx. $29,400 gross annual income, $24,965 estimated net income, and an approx. 10% cap rate based on present leases

    Heather Walker RE/MAX Real Estate Ten Midtown

    926 E Main St, Morristown, TN 37814
  • /15

    $799,000

    106 King Ave, Morristown, TN 37814

    This multifamily investment at 106-114 King Avenue in Morristown, TN features five units with a diverse mix of floor plans and a total projected annual income of $75,600. The unit breakdown includes two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one large 4 bed / 2 bath unit, appealing to a wide range of renters. The property has undergone over $150,000 in recent capital improvements,

    Ford Collier SVN I Wood Properties

    106 King Ave, Morristown, TN 37814
  • /13

    $283,500

    • 4 Beds
    • 4 Baths
    • 1,800 Sq Ft

    1562 Shields Ferry Rd, Morristown, TN 37814

    Take a look at this duplex located just a few minutes from the middle of downtown Morristown! Both units are currently inhabited by tenants with a total monthly rent income of $1,430. This property and the neighboring duplex, 1542-1544 Shields Ferry Road, are being sold separately. Please contact Listing Agent when requesting to show this property.

    Trey Cate The Cate Group, Realty & Property Management LLC

    1562 Shields Ferry Rd, Morristown, TN 37814
  • /23

    $268,000

    • 3 Beds
    • 2 Baths
    • 1,736 Sq Ft

    1987 Joe Stephens Rd, Morristown, TN 37814

    This home is situated only minutes from downtown Morristown, but offers the peace and quiet that comes with living away from the city. Furthermore, this home is currently split into two apartments and can be left as a multi-family duplex, or could even be turned into a single-family residential home with a mother-in-law suite! Finally, this property comes with a fenced in area in the backyard,

    Trey Cate The Cate Group, Realty & Property Management LLC

    1987 Joe Stephens Rd, Morristown, TN 37814
  • /14

    $289,500

    • 4 Beds
    • 4 Baths
    • 1,800 Sq Ft

    1542 Shields Ferry Rd, Morristown, TN 37814

    Take a look at this duplex located just a few minutes from the middle of downtown Morristown! This duplex sports one newly renovated unit and both units are currently inhabited by tenants with a total monthly income of $1,875. This property and the neighboring duplex, 1562-1564 Shields Ferry Road, are being sold separately. Please contact Listing Agent when requesting to show this property.

    Trey Cate The Cate Group, Realty & Property Management LLC

    1542 Shields Ferry Rd, Morristown, TN 37814
  • /75

    $649,900

    • 5 Beds
    • 4 Baths
    • 2,682 Sq Ft

    2840-2830 Robinson Creek Rd, Morristown, TN 37813

    WATCH AN AERIAL VIDEO: COPY AND PASTE IN YOUR BROWSER: 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

    Burlin Allen Re/Max Between the Lakes Jeff City

    2840-2830 Robinson Creek Rd, Morristown, TN 37813
  • /24

    $359,900

    • 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 Acre Located 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 growth. The property

    RONALD BLEDSOE RE/MAX Real Estate Ten Midtown

    5954 Hiawatha Rd, Morristown, TN 37814

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.

Home Trends in Morristown, TN

Housing Trends

Median Sale Price
$315,000
Median Single Family Sale Price
$338,900
Median Townhouse Sale Price
$200,000
Median 2 Bedroom Sale Price
$283,000
Median 1 Bedroom Sale Price
$224,900
Average Price Per Sq Ft
$189
Number of Homes for Sale
207
Last 12 months Home Sales
720
Months of Supply
3.50
Median List Price
$346,705
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
13%
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