$249,900

926 East Main Street, Morristown, TN 37814

  • 2,352 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1900
  • Property Lot Size Icon10,019sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $106/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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!

Listing Status:
Active
Date Added:
October 16, 2025 at 05:00AM
Listing Office:
REMAX Real Estate Ten of Morristown : 423-581-8881
Listing Agent:
Heather Walker : 423-231-9766
MLS ID:
9986152
  • Appliances: RangeRefrigerator
  • Laundry: Electric Dryer HookupWasher Hookup
  • Basement: FinishedWalk-Out AccessExterior Entry
  • A/C: Heat PumpWindow Unit(s)
  • Heating: ElectricHeat PumpOther
  • Style: Victorian
  • Parking: See Remarks
  • Roofing: Shingle
  • General: Vinyl Siding1Block
  • Originating MLS: Tennessee/Virginia Regional MLS
  • County: Hamblen
  • Zoning: LI008.00
  • Utilities: Electricity ConnectedSewer ConnectedWater Connected
  • Water: Public
  • Sewer: Public Sewer
  • Source: Tennessee/Virginia Regional MLS

This listing courtesy of Heather Walker, REMAX Real Estate Ten of Morristown

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Hillcrest Elementary School

407 S Liberty Hill Rd, Morristown, TN, 37813

Grades PK-5

0.35 miles away

M

Meadowview Middle School

1623 Meadowview Ln, Morristown, TN, 37814

Grades 6-8

0.84 miles away

M

Morristown East High School

1 Hurricane Ln, Morristown, TN, 37813

Grades 9-12

0.33 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.