Spacious Duplex with Strong Returns - Prime Morristown Location
Opportunity knocks with this large, income-producing duplex offering a total of 2,822 square feet in a highly convenient Morristown location just minutes from the highway for easy access to town and surrounding areas.
This unique property features two sizable units:
One unit offers an impressive 5 bedrooms and 3 bathrooms, ideal for maximizing rental potential
The second unit includes 2 bedrooms and 2 bathrooms, providing a comfortable and desirable layout for tenants
Both units are currently occupied, delivering immediate cash flow with current rents supporting approximately a 9% cap rate relative to the list price.
With its generous size, flexible layout, and strong income performance, this property stands out as a great addition to any investment portfolio. The convenient location near major roadways and everyday amenities helps support long-term tenant demand and consistent occupancy.
If you're looking for a larger duplex with solid returns and built-in income, this one is worth a closer look.
For sale
Price increase: $805K (4/29)
$444,900
1405 Taft St, Morristown, TN 37814
7beds
2,822sqft
Duplex, Multi Family
Built in 1981
-- sqft lot
$426,800 Zestimate®
$158/sqft
$-- HOA
What's special
Flexible layout
- 69 days |
- 246 |
- 24 |
Zillow last checked:
Listing updated:
Listed by:
Ronald Bledsoe 423-273-7568,
RE/MAX Real Estate Ten Midtown 423-581-8881
Source: Lakeway Area AOR,MLS#: 711305
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 4
- 1/2 bathrooms: 1
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
- Laundry: Laundry Closet
Features
- Has basement: No
- Has fireplace: Yes
- Fireplace features: Metal
Interior area
- Total structure area: 2,822
- Total interior livable area: 2,822 sqft
- Finished area above ground: 2,822
- Finished area below ground: 0
Property
Features
- Levels: Multi/Split
Lot
- Size: 10,018 Square Feet
Details
- Parcel number: 025H A 05900 000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Foundation: Block
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Morristown
Financial & listing details
- Price per square foot: $158/sqft
- Tax assessed value: $362,700
- Annual tax amount: $3,267
- Date on market: 4/29/2026
- Tenant pays: All Utilities
Estimated market value
$426,800
$405,000 - $448,000
$1,309/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/29/2026 | Price change | $1,249,900+180.9%$443/sqft |
Source:  Lakeway Area AOR #711309 Report a problem | ||
| 4/29/2026 | Listed for sale | $444,900+18.6%$158/sqft |
Source: Lakeway Area AOR #711305 Report a problem | ||
| 5/8/2024 | Sold | $375,000-6.2%$133/sqft |
Source: Lakeway Area AOR #702995 Report a problem | ||
| 3/21/2024 | Pending sale | $399,999$142/sqft |
Source: Lakeway Area AOR #702995 Report a problem | ||
| 3/18/2024 | Listed for sale | $399,999$142/sqft |
Source: Lakeway Area AOR #702995 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,268 +114.9% | $145,080 +201.5% |
| 2024 | $1,521 | $48,120 |
| 2023 | $1,521 +161.5% | $48,120 +161.5% |
| 2022 | $581 | $18,400 |
| 2021 | $581 +0.1% | $18,400 |
| 2020 | $581 -15.5% | $18,400 -8.9% |
| 2019 | $687 +7.9% | $20,200 |
| 2018 | $636 +65.7% | $20,200 |
| 2017 | $384 | $20,200 |
| 2016 | $384 -31% | $20,200 |
| 2015 | $556 | $20,200 |
| 2014 | -- | $20,200 -21.9% |
| 2013 | -- | $25,880 |
| 2011 | $696 | $25,880 |
| 2010 | $696 | $25,880 |
| 2009 | -- | $25,880 +16.4% |
| 2008 | $703 -4.5% | $22,240 |
| 2007 | $736 +17.8% | $22,240 |
| 2006 | $625 | $22,240 |
| 2005 | $625 -10.8% | $22,240 |
| 2004 | $701 -12.7% | $22,240 -12.7% |
| 2003 | $803 | $25,480 -0.1% |
| 2001 | -- | $25,498 -60% |
| 2000 | -- | $63,745 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 37814
Nearby schools
GreatSchools rating
- 3/10Fairview MargueriteGrades: PK-5Distance: 0.5 mi
- 4/10Meadowview Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Morristown East High SchoolGrades: 9-12Distance: 2.2 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Hamblen County
- Morristown
- 37814
- 1405 Taft St
Nearby cities
Nearby zip codes
Other Morristown Topics
