$414,500

Morristown, TN 37814

Estimated payment $2,309/month

-- Bed
-- Bath
2,404 Sq Ft
$172 Price per Sq Ft

About This Home

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 Agent

Kyra Caldwell

Your Home Sold Guaranteed Real License #351454 Listed on: 03/23/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,125

Year Built

  • Built in 1970

Parking

  • 1 Car Garage

Home Design

  • Duplex
  • Brick Exterior Construction
  • Shingle Roof

Interior Spaces

  • 2,404 Sq Ft Home
  • Vinyl Flooring

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Internet Available

Community Details

  • 5 Units
  • Drinnon Hts 2 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 025H H 009.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,125

Year Built

Built in 1970

Lot Details

0 Sq Ft Lot

Parking

1

Listing Details

  • 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.
  • Prop. Type: Residential Income
  • Year Built: 1970
  • Lot Size: --
  • Subdivision Name: Drinnon Hts 2
  • Contract Info:List PriceSqFt2: 172.42
  • General Property Description:Driveway: ---
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Other
  • Flooring: Vinyl

Exterior Features

  • Construction Type: Other, Brick
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.0
  • Parking Features: Other

Utilities

  • Cooling: Central Air, Other
  • Cooling Y N: Yes
  • Heating: Central, Heat Pump, Electric
  • Heating Yn: Yes

Lot Info

  • Parcel #: 025H H 009.00

Multi Family

  • Number Of Units Total: 5

Tax Info

  • Tax Annual Amount: 1125.07
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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 List to Sale Price per Sq Ft
03/23/2026 03/23/26 For Sale $414,500 -- $172 / Sq Ft
Source: East Tennessee REALTORS® MLS

Source: East Tennessee REALTORS® MLS

MLS Number: 1333771

East Tennessee REALTORS® MLS
Tennessee Hamblen County Morristown

37814

For Sale

MultiFamily

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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Kyra Caldwell
Listing Agent
Kyra Caldwell
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