Sold for $280,000

$280,000

1637 Jefferson St, Morristown, TN 37814

4beds

3baths

2,272sqft

Multi Family

Built in 1978

-- sqft lot

$298,900 Zestimate^®

$123/sqft

$1,432 Estimated rent

Home value

$298,900

$236,000 - $377,000

$1,432/mo

Zestimate^® history

Owner options

List your home for rent

$1,432/mo

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$1,432/mo

Rent Zestimate^®

Refinance and save

$1,603/mo

Est. payment

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$1,603/mo

Est. payment

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What's special

New kitchens

JUST REDUCED - BRICK MORRISTOWN TRIPLEX - FULLY RENTED - NEW ROOF!! This fully rented, triplex offers a fantastic investment opportunity in a prime location, just 2 miles to Cherokee Park on Cherokee Lake and convenient to the local neighborhood Wal-Mart. Built in 1978, the property has been meticulously maintained and is ready for its next owner. Two of the three units have been completely renovated with all new kitchens, flooring, and paint. This property is fully rented, ensuring a steady income stream. With its location near major retail and dining options, and access to highways and public services, this triplex is an ideal addition to your portfolio. As Jefferson is fully rented, we have included photos and videos of each unit for viewing. No sign on property and we respectively request that you do not disturb the residents.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 3

Heating

Central, Electric

Cooling

Other, Central Air, Zoned

Appliances

Included: Range, Refrigerator

Features

Flooring: Laminate

Interior area

Total structure area: 2,272
Total interior livable area: 2,272 sqft

Property

Parking

Parking features: On Premise Parking

Lot

Size: 0.46 Acres
Dimensions: 59.6 x 229.2 IRR

Details

Parcel number: 025H F 006.00

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1978

Community & neighborhood

Location

Region: Morristown
Subdivision: Drinnon Hts

Other

Other facts

Listing terms: VA Loan,FHA,Cash,Conventional

Price history

Date	Event	Price
9/19/2025	Sold	$280,000-20%$123/sqft
Source: East Tennessee Realtors #1306035 Report a problem
8/21/2025	Pending sale	$350,000$154/sqft
Source: East Tennessee Realtors #1306035 Report a problem
8/4/2025	Price change	$350,000-6.7%$154/sqft
Source: East Tennessee Realtors #1306035 Report a problem
6/25/2025	Listed for sale	$375,000+25%$165/sqft
Source: East Tennessee Realtors #1306035 Report a problem
4/30/2008	Sold	$300,000$132/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$2,115 +30.5%	$93,920 +83.2%
2024	$1,620 +23.9%	$51,280 +23.9%
2023	$1,308	$41,400
2022	$1,308 +10.9%	$41,400 +10.9%
2021	$1,179 +0.1%	$37,320
2020	$1,178 +27.4%	$37,320 +37.2%
2019	$925 +7.9%	$27,200
2018	$857 +65.7%	$27,200
2017	$517	$27,200
2016	$517 -31%	$27,200
2015	$749	$27,200
2014	--	$27,200 -18.1%
2013	--	$33,200
2011	$893	$33,200
2010	$893	$33,200
2009	--	$33,200 -1.1%
2008	$1,061 -4.5%	$33,560
2007	$1,111 +17.8%	$33,560
2006	$943	$33,560
2005	$943 -10.8%	$33,560
2004	$1,057 +13.4%	$33,560 +13.4%
2003	$932	$29,600 0%
2001	--	$29,605 -60%
2000	--	$74,013