926 E Main St Morristown, TN 37814
Estimated payment $1,404/month
Highlights
- Victorian Architecture
- Laundry in multiple locations
- 1-Story Property
- Cooling System Mounted To A Wall/Window
- Heat Pump System
About This Home
Turn-Key Triplex in the Heart of Morristown—Fully Leased & Cash-Flowing
Expand 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 and expenses. Recent improvements include a newly renovated bathroom in Unit B and an improved crawl space for peace of mind. Tenants enjoy 1-2 off-street parking spaces per unit and a convenient location close to shopping, dining, and major thoroughfares. If you're seeking steady cash flow in a prime Morristown setting, this property checks the boxes—schedule your showing today.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,018
Year Built
- Built in 1900
Home Design
- Triplex
- Victorian Architecture
- Block Foundation
- Shingle Roof
- Vinyl Siding
Interior Spaces
- 1-Story Property
- Electric Range
Bedrooms and Bathrooms
- 4 Bedrooms
Laundry
- Laundry in multiple locations
- Washer and Electric Dryer Hookup
Finished Basement
- Walk-Out Basement
- Exterior Basement Entry
- Apartment Living Space in Basement
Schools
- Hillcrest Elementary School
- Meadowview Middle School
- East High School
Utilities
- Cooling System Mounted To A Wall/Window
- Heat Pump System
Additional Features
- 10,019 Sq Ft Lot
- City Lot
Listing and Financial Details
- Exclusions: Tenants' Personal Property
- Assessor Parcel Number 008.00
Community Details
Overview
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 1 Separate Water Meter
- Insurance Expense $283
- Pest Control $100
- Net Operating Income $24,965
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $567 | $32,200 | $11,240 | $20,960 |
| 2023 | $567 | $32,200 | $0 | $0 |
| 2022 | $1,102 | $34,880 | $11,240 | $23,640 |
| 2021 | $1,102 | $34,880 | $11,240 | $23,640 |
| 2020 | $1,101 | $34,880 | $11,240 | $23,640 |
| 2019 | $1,025 | $30,160 | $7,720 | $22,440 |
| 2018 | $950 | $30,160 | $7,720 | $22,440 |
| 2017 | $935 | $30,160 | $7,720 | $22,440 |
| 2016 | $893 | $30,160 | $7,720 | $22,440 |
| 2015 | $831 | $30,160 | $7,720 | $22,440 |
| 2014 | -- | $30,160 | $7,720 | $22,440 |
| 2013 | -- | $31,280 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | For Sale | $249,900 | -- | $149 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $22,900 | -- | |
| Deed | -- | -- | |
| Warranty Deed | $15,000 | -- |
Source: Lakeway Area Association of REALTORS®
MLS Number: 709107
APN: 034J-A-008.00
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.
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.
- 1126 E 2nd St N
- 106 King Ave
- 721 E 1st St N
- 0 S Liberty Hill Rd Unit 703697
- 518 W Hillcrest Dr
- 525 S Liberty Hill Rd
- 400 E 4th St N
- 411 Ash St
- 1604 Morningside Dr
- 311 E 4th St N
- 207 E 2nd St N
- 460 Ash St
- 712 Williams St
- 219 Inman St
- 1710 Morningside Dr
- 118 E 3rd St N
- 417 Cain Ave
- 215 E 5th St N
- 1829 Eastern Ave
- 1670 Oak St
- 270 Keswick Dr
- 450 Barkley Landing Dr Unit 205-10
- 1332 W Andrew Johnson Hwy
- 2749 River Rock Dr
- 2215 Buffalo Trail
- 133 Guzman Ct
- 3166 Bridgewater Blvd
- 2862 Scenic Lake Cir
- 711 Panther Creek Ct Unit 715 Panther Creek Ct
- 5055 Cottonseed Way
- 1120 Hoppers Bluff
- 418-420 Cir H Dr Unit 420
- 2103 Creekside Way
- 930-940 E Ellis St
- 814 W King St
- 1246 Jessica Loop Unit 3
- 2130 Pottertown Rd Unit Pottertown 3
- 2150 Pottertown Rd
- 2150 Pottertown Rd
- 2150 Pottertown Rd