$2,900,000
PENDING $300K PRICE DROP

118 E 3rd St N Morristown, TN 37814

Estimated payment $15,849/month

Total Views 1,599
-- Bed
-- Bath
23,266 Sq Ft
$125 Price per Sq Ft

Highlights

  • Wood Flooring
  • Efficiency Studio
  • Central Heating and Cooling System
  • Furnished
  • 1 Car Detached Garage

About This Home

30 apartments all brick 4 buildings in total ,16 one bedrooms 14 two bedrooms 10 of the two bedroom have garages under them a lot of heating and air updates and flooring updates laundromat on site. very good location new roof within the past 13months.

Listing Agent

Jonathan Minerick

Homecoin.com License #357494 Listed on: 06/06/2025

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $4,775

Year Built

  • Built in 1962

Lot Details

  • Lot Dimensions are 267.48x209.66

Parking

  • 1 Car Detached Garage
  • Carport
  • Basement Garage

Home Design

  • Brick Exterior Construction
  • Rubber Roof

Interior Spaces

  • 23,266 Sq Ft Home
  • Furnished
  • Vinyl Clad Windows
  • Efficiency Studio
  • Range
  • Fire and Smoke Detector

Flooring

  • Wood
  • Carpet
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • The owner pays for sewer, roof maintenance, lawn maintenance, HVAC maintenance, exterior maintenance, electricity, common area maintenance, advertising, supplies, taxes, insurance
  • Assessor Parcel Number 034I B 012.00

Community Details

Overview

  • 30 Units

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$4,775

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Directions: Beside first United Methodist Church turn on North Hill St
  • Prop. Type: Multi-Family
  • Year Built: 1962
  • Lot Size: 267.48X209.66
  • Cooling:Central Cooling: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Floors:Vinyl: Yes
  • Fuel:Electric: Yes
  • Heat:Central: Yes
  • Appliances Refrigerators: Yes
  • Siding:Brick2: Yes
  • Heat:Heat Pump3: Yes
  • General Property Description:Driveway: NA
  • Property Sub-Type:Apartment: Yes
  • Type of Units:Efficiency Unit: Yes
  • Sale Includes:All Furnishings: Yes
  • Type of Units:Townhouse: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Owner Pays: Sewer, Roof Maintenance, Lawn Maintenance, HVAC Maintenance, Exterior Maintenance, Electricity, Common Area Maintenance, Advertising, Supplies, Taxes, Insurance
  • Flooring: Hardwood, Carpet, Vinyl
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Other27: Yes

Exterior Features

  • Exterior Features: Windows - Vinyl
  • Construction Type: Brick
  • Roof: Rubber
  • Construction:Frame - Brick: Yes
  • Exterior Features:Windows - Vinyl: Yes

Garage/Parking

  • GarageParkingGarageSpaces: 1.0
  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Individual Garages, Carport, Basement, Detached
  • GarageParking:Basement4: Yes
  • GarageParking:Detached2: Yes
  • GarageParking:Carport: Yes
  • GarageParking:Individual Garages: Yes

Utilities

  • Cooling: Central Cooling
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Heat Pump, Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Pets Allowed: No

Lot Info

  • Parcel #: 034I B 012.00

Rental Info

  • Tenant Pays: Water, Sewer, Telephone, Tenant Pays All Util, Cooling, Heating, Electricity

Multi Family

  • Number Of Units Total: 30

Tax Info

  • Tax Annual Amount: 4775.39

Map

Range of Values:

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Average Value
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2025 07/15/25 Pending -- -- --
06/14/2025 06/14/25 Price Changed $2,900,000 -9.4% $125 / Sq Ft
06/06/2025 06/06/25 For Sale $3,200,000 -- $138 / Sq Ft
Source: East Tennessee REALTORS® MLS

Source: East Tennessee REALTORS® MLS

MLS Number: 1303733

East Tennessee REALTORS® MLS
Tennessee Hamblen County Morristown 37814

118 E 3rd St N, Morristown, TN

This home is located at 118 E 3rd St N, Morristown, TN 37814 and is currently priced at $2,900,000, approximately $124 per square foot. This property was built in 1962. 118 E 3rd St N is a home located in Hamblen County with nearby schools including Hillcrest Elementary School, Meadowview Middle School, and Morristown East High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

East Tennessee REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.

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Jonathan Minerick
Listing Agent
Jonathan Minerick
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