Courtesy: eXp Realty, LLC
888-519-5113
Attention: Investor-ready duplex in Morristown! Each unit at 1110-1112 Joe Hall Rd features 2 bedrooms, 1 bathroom, a bonus room used as a bedroom, and a large laundry closet for tenant convenience. Fully rented, this property offers immediate income potential in a growing market. Act now—contact me today for details or to schedule a showing!
Investor-ready duplex in Morristown! Each unit at 1110-1112 Joe Hall Rd features 2 bedrooms, 1 bathroom, a bonus room used as a bedroom, and a large laundry closet for tenant convenience. Fully rented, this property offers immediate income potential in a growing market. Act now—contact me today for details or to schedule a showing!
Two Duplexes! Discover the perfect investment opportunity with 2 recently updated duplexes in Morristown, TN! Each building has 2596 sq. ft. of living space. These units have recent updates. The exterior of the left building has been beautifully refreshed with a new coat of paint and covered entrances, adding curb appeal and convenience. This spacious duplex is an excellent income-generating opportunity. The units have 1298 square feet of living space and have been updated with fresh paint and new flooring. The left unit features new luxury vinyl plank (LVP) flooring throughout, while the right has newer LVP and carpet. All four units contain 3 bedrooms, 1 full bath, and 1 half bath. The kitchens are equipped with essential appliances, including a refrigerator, microwave, dishwasher, and an electric range with an oven. The ground floor of each unit includes the kitchen, dining room, and living room, and laundry room with bedrooms and a full bath located on the upper level. 713 is additionally equipped with a new washer and dryer that conveys while 719 has a brand new hvac installed. Currently, all units are occupied, with a gross income of $6550 a month and net income of 72,204 a year. Together, they generate a strong cap rate of 8.97%, making this an appealing investment for those looking to enter or expand their real estate portfolio.
Discover the perfect investment opportunity with this updated duplex in Morristown, TN! Boasting a combined 2,596 sq. ft. of livable space, this multi-family gem offers a fresh start with recent updates, including new paint and luxury vinyl plank flooring.The exterior has been beautifully refreshed with a new coat of paint and covered entrances, adding curb appeal and convenience. This spacious duplex is an excellent income-generating opportunity. Each of the updated units have 1298 square feet of living space and have been updated with fresh paint and new flooring. The left unit features new luxury vinyl plank (LVP) flooring throughout, while the right has newer LVP and carpet. Both units contain 3 bedrooms, 1 full bath, and 1 half bath. The kitchens are equipped with essential appliances, including a refrigerator, microwave, dishwasher, and an electric range with an oven. The ground floor of each unit includes the kitchen, dining room, and living room, with bedrooms and a full bath located on the upper level. The left unit is additionally equipped with a new washer and dryer, ensuring convenience for its occupants. Currently, both units are occupied, with the left unit rented at $1700 per month and the right unit at $1500 per month. Together, they generate a strong cap rate of 8.84%, making this an appealing investment for those looking to enter or expand their real estate portfolio.
Courtesy: Twin Lakes Realty & Auction
865-397-3540
Very nice duplex in country setting situated between Morristown and Dandridge, close to stores/81/Merchants Greene/Lakeway Academy. Both sides have been updated with newer appliances and granite counters in kitchens and baths. Left side is a 2BR 2BA with living room & dining combo, small kitchen with eating counter, laundry room and garage. Right side is a 3BR 3BA, living room & dining combo, small kitchen with eating counter, laundrey room. Both sides have very nice front porches to enjoy the outside, back yard is fenced, parking in front. Rent both sides or live in one and rent other. Small storage building in back of duplex. Owner lives in the right side.
Courtesy: LPT Realty - Griffin Home Group
423-482-0743
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 Window heat/air units Rental Income: Current rent per home: $725/month Total current rent for 7 homes: $5,075/month Utility Information: Property owner covers water for all homes Tenants pay for individual electric service Each of the 11 spaces has electric and septic hookups available Additional Details: 1 home is undergoing a remodel, offering the potential for increased rent Significant upside potential for development of the remaining 4 lots This property is a promising investment with consistent rental income and the opportunity to add value through future development. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Courtesy: Century 21 Masengill-McCrary
423-586-6653
Courtesy: Century 21 Masengill-McCrary Realtors
423-586-6653
12 one-bedroom units. Insurance is $3,000 annually & mowing is $200 per month. Close to a market, elementary school, and town.
 |
| Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2025 Knoxville Area Association of Realtors. All rights reserved. |
Morristown is located in Tennessee. Morristown, Tennessee has a population of 30,387. Morristown is less family-centric than the surrounding county with 27.21% of the households containing married families with children. The county average for households married with children is 28.71%.
The median household income in Morristown, Tennessee is $36,495. The median household income for the surrounding county is $45,275 compared to the national median of $69,021. The median age of people living in Morristown is 37.2 years.
The average high temperature in July is 86.4 degrees, with an average low temperature in January of 25.7 degrees. The average rainfall is approximately 44.9 inches per year, with 9.8 inches of snow per year.
