Pending

$229,900

2309 Clancy Ave, Morristown, TN 37814

4beds

--sqft

$1,559/mo

Get pre-qualified

Duplex, Multi Family

Built in 1970

-- sqft lot

$219,200 Zestimate^®

$--/sqft

$-- HOA

What's special

Turnkey income property at 2309 Clancy Ave! This side-by-side duplex offers two units, each with 2 bedrooms and 1 bath, all on one convenient level -- no stairs, easy maintenance, and appealing to a wide range of tenants. Currently performing at a strong 7 CAP, with upside potential to push into the 10-11 CAP range with strategic rent adjustments or minor improvements. A great addition for investors looking to grow their portfolio with immediate cash flow and room to increase returns. Ideally located on the east end of Morristown with easy access to the middle of town, this property puts tenants close to shopping, dining, and everyday amenities -- a location that supports strong occupancy and tenant retention. Whether you're expanding your rental portfolio or looking for a solid income-producing property with built-in upside, this duplex checks the boxes. Contact us today for financials and to schedule a showing!

39 days
153
15

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Heat Pump

Cooling

Central Air, Heat Pump

Appliances

Included: Electric Cooktop, Electric Oven, Refrigerator
Laundry: Electric Dryer Hookup, Washer Hookup

Features

Ceiling Fan(s)
Flooring: Carpet, Laminate, Linoleum
Windows: Metal Frames, Vinyl Frames
Common walls with other units/homes: 1 Common Wall

Interior area

Finished area above ground: 1,647
Finished area below ground: 0

Property

Accessibility

Accessibility features: Accessible Central Living Area, Accessible Common Area, Accessible Entrance, Accessible Full Bath, Accessible Kitchen, Central Living Area, Common Area

Features

Levels: One
Stories: 1
Exterior features: Rain Gutters
Fencing: Back Yard,Chain Link

Lot

Size: 0.44 Acres
Features: City Lot

Details

Parcel number: 025H G 00500 000
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Architectural style: Ranch
Property subtype: Duplex, Multi Family

Materials

Brick
Foundation: Block
Roof: Asphalt,Shingle

Condition

New construction: No
Year built: 1970
Major remodel year: 1970

Utilities & green energy

Electric: Circuit Breakers
Sewer: Public Sewer
Water: Public

Community & HOA

Location

Region: Morristown

Financial & listing details

Tax assessed value: $160,500
Annual tax amount: $1,446
Date on market: 9/3/2026
Tenant pays: All Utilities

Estimated market value

$219,200

$208,000 - $230,000

$1,367/mo

Price history

Date	Event	Price
9/18/2026	Pending sale	$229,900
Source: Lakeway Area AOR #712856 Report a problem
9/3/2026	Listed for sale	$229,900+192.1%
Source: Lakeway Area AOR #712856 Report a problem
9/22/2005	Sold	$78,700+26.9%
Source: Public Record Report a problem
1/24/2000	Sold	$62,000
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,446 +46.3%	$64,200 +105.2%
2024	$988	$31,280
2023	$988	$31,280
2022	$988	$31,280
2021	$988 +0.1%	$31,280
2020	$987 +6.9%	$31,280 +15.2%
2019	$923 +7.9%	$27,160
2018	$856 +65.8%	$27,160
2017	$516	$27,160
2016	$516 -31%	$27,160
2015	$748	$27,160
2014	--	$27,160 -15%
2013	--	$31,960
2011	$860	$31,960
2010	$860	$31,960
2009	--	$31,960 +4.7%
2008	$964 -4.5%	$30,520
2007	$1,010 +17.8%	$30,520
2006	$858	$30,520
2005	$858 -10.8%	$30,520
2004	$961 +12.2%	$30,520 +12.2%
2003	$857	$27,200 -0.1%
2001	--	$27,220 -60%
2000	--	$68,049