Sold for $2,600,000

$2,600,000

118 E 3rd North St, Morristown, TN 37814

--beds

0baths

23,266sqft

Multi Family

Built in 1962

-- sqft lot

$-- Zestimate^®

$112/sqft

$1,153 Estimated rent

Home value

Not available

Estimated sales range

Not available

$1,153/mo

Zestimate^® history

Owner options

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$1,153/mo

Rent Zestimate^®

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$15,009/mo

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What's special

30 apartments all brick 4 buildings in total ,16 one bedrooms 14 two bedrooms 10 of the two bedroom have garages under them a lot of heating and air updates and flooring updates laundromat on site. very good location new roof within the past 13months.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Heat Pump, Central, Electric

Cooling

Central Air

Appliances

Included: Range, Refrigerator

Features

Flooring: Hardwood, Carpet, Vinyl
Windows: Windows - Vinyl

Interior area

Total structure area: 23,266
Total interior livable area: 23,266 sqft

Property

Parking

Total spaces: 1
Parking features: Individual Garages, Carport, Basement, Detached
Garage spaces: 1
Has carport: Yes

Lot

Size: 1.29 Acres
Dimensions: 267.48 x 209.66

Details

Parcel number: 034I B 012.00

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1962

Community & HOA

Community

Security: Smoke Detector(s)

Location

Region: Morristown

Financial & listing details

Price per square foot: $112/sqft
Tax assessed value: $381,400
Annual tax amount: $3,436
Date on market: 6/6/2025
Listing terms: Conventional

Price history

Date	Event	Price
6/12/2026	Listing removed	$950
Source: Zillow Rentals Report a problem
6/11/2026	Listed for rent	$950
Source: Zillow Rentals Report a problem
11/14/2025	Sold	$2,600,000-10.3%$112/sqft
Source: East Tennessee Realtors #1303733 Report a problem
7/15/2025	Pending sale	$2,900,000$125/sqft
Source: East Tennessee Realtors #1303733 Report a problem
6/14/2025	Price change	$2,900,000-9.4%$125/sqft
Source: East Tennessee Realtors #1303733 Report a problem
6/6/2025	Listed for sale	$3,200,000+226.5%$138/sqft
Source: East Tennessee Realtors #1303733 Report a problem
9/29/2006	Sold	$980,000+3820%$42/sqft
Source: Public Record Report a problem
4/19/2001	Sold	$25,000$1/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$3,436 -28%	$152,560 +1%
2024	$4,775	$151,120
2023	$4,775	$151,120
2022	$4,775	$151,120
2021	$4,775 +0.1%	$151,120
2020	$4,769 -16.2%	$151,120 -9.7%
2019	$5,693 +7.9%	$167,440
2018	$5,274 +65.8%	$167,440
2017	$3,181	$167,440
2016	$3,181 -31%	$167,440
2015	$4,611	$167,440
2014	--	$167,440 -27.2%
2013	--	$230,080
2011	$6,189	$230,080
2010	$6,189	$230,080
2009	--	$230,080 +18%
2008	$6,161 -4.5%	$194,960
2007	$6,453 +17.8%	$194,960
2006	$5,478	$194,960 -34.3%
2001	--	$296,555 -60%
2000	--	$741,387