bedrooms
6
bathrooms
4
square feet
0
Acreage
0.34
Open Houses
-
year built
1970
Full Baths
2
Half Baths
2
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 at 1700 a month. Together, they generate a strong cap rate of 9.45%, making this an appealing investment for those looking to enter or expand their real estate portfolio.
Location | |
Subdivision | - |
County | Hamblen |
Elementary School | - |
Middle School | - |
High School | - |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 706137
Listing agent:
Corbin Norton
#363246
Listing broker:
Crye-Leike Lakeway West
(423) 586-4115
Copyright © 2025 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
[source]
Last update: Wednesday, April 2 2025 at 1:24 p.m. EDT
Kotohomes National
Other listings you might be interested in
$384,900
8 Bed •
4 Bath •
0 ft²
1878 HWY 92
Jefferson City, TN 37760
$384,900
8 Bed •
4 Bath •
0 ft²
1874 HWY 92
Jefferson City, TN 37760
$384,900
8 Bed •
4 Bath •
3,472 ft²
1874 HWY 92 17-20 17-21
Jefferson City, TN 37760
$384,900
8 Bed •
4 Bath •
3,472 ft²
1878 HWY 92 21-24 21-24
Jefferson City, TN 37760
$1,275,000
5 Bed •
6 Bath •
3,136 ft²
111/113 Little Round Top Lane
Sevierville, TN 37876
$879,900
6 Bed •
4 Bath •
4,048 ft²
4031 Chamberlain Lane
Sevierville, TN 37862
$1,045,000
6 Bed •
4 Bath •
2,931 ft²
2220 Headrick Lead
Sevierville, TN 37862
$1,045,000
6 Bed •
4 Bath •
2,931 ft²
2220 Headrick Lead
Sevierville, TN 37862
$450,000
5 Bed •
4 Bath •
2,741 ft²
359 Lakeshore Road
Talbott, TN 37877
$465,000
5 Bed •
4 Bath •
2,640 ft²
624 Pee Dee Drive
Pigeon Forge, TN 37863
$465,000
5 Bed •
4 Bath •
2,640 ft²
624 Pee Dee Dr
Pigeon Forge, TN 37863
$414,900
5 Bed •
4 Bath •
3,226 ft²
4230 Ventura Drive
Knoxville, TN 37938