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Sold for $2,500,000
  • $2,500,000

    305-365 Barkley Landing Dr, Morristown, TN 37813

    --beds
    0baths
    12,801sqft
    Multi Family
    Built in 2024
    -- sqft lot
    $2,615,800 Zestimate®
    $195/sqft
    $1,574 Estimated rent

    Home value

    $2,615,800

    Estimated sales range

    Not available

    $1,574/mo

    Zestimate® history
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    What's special

    Open layoutsSpacious tenant-occupied unitsDurable finishesModern interiors
    Brand New Construction Multi-Family Investment Property - 12 Fully Leased Units in Morristown, TN Introducing an outstanding investment opportunity with three newly built 4-unit apartment buildings in the thriving market of Morristown, Tennessee. Completed in 2024, this brand new construction multi-family asset features 12 spacious, tenant-occupied units offering immediate income and long-term growth potential. Each unit boasts a well-designed 3-bedroom, 2-bathroom floor plan with 1,054 square feet of living space, offering modern interiors, open layouts, and durable finishes. Every building includes one ADA-compliant, handicap-accessible unit, enhancing accessibility and broadening tenant appeal. Property Highlights: - Total of 12 units (3 buildings with 4 units each) - Each unit: 3 bedrooms / 2 bathrooms / 1,054 sq. ft. - One handicap-accessible unit per building (3 total) - Fully leased - stabilized with immediate rental income - Completed in 2024 - low-maintenance, turnkey investment - Located in a strong rental market with continued growth Pro forma available upon request. Whether you're a seasoned investor or entering the multifamily space, this property offers a unique chance to own high-quality, newly constructed units with strong occupancy in a desirable location. Seize this opportunity to add a stable, income-producing asset to your portfolio in one of East Tennessee's most promising rental markets. Information contained in this listing is deemed reliable. Buyer to independently verify and perform due diligence to confirm information is accurate.

    Zillow last checked:

    Listing updated:

    Listed by:

    Alyssa Renee Champagne 865-228-9309,

    Prime Mountain Properties

    Bought with:

    Matt Reed, 334610

    Tailwater Properties, LLC

    Source: East Tennessee Realtors,MLS#: 1304724MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central, Electric
    Cooling
    • Central Air, Ceiling Fan(s)
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
    Features
    • Pantry
    • Flooring: Other
    Interior area
    • Total structure area: 12,801
    • Total interior livable area: 12,801 sqft

    Property

    Parking
    • Parking features: On Premise Parking
    Accessibility
    • Accessibility features: Handicap Accessible
    Features
    • Exterior features: Balcony
    Lot
    • Size: 1.03 Acres
    • Dimensions: 300 x 150
    Details
    • Parcel number: 042J C 010.00

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Frame
    Condition
    • Year built: 2024

    Utilities & green energy

    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Security: Smoke Detector(s)
    • Subdivision: BARKLEY LANDING APTS REV LOTS 9,10,11,12
    Location
    • Region: Morristown

    Financial & listing details

    • Price per square foot: $195/sqft
    • Date on market: 6/14/2025
    • Listing terms: Call Listing Agent,Cash,Conventional

    Price history

    DateEventPrice
    2/9/2026Sold$2,500,000-7.4%$195/sqft
    Source: East Tennessee Realtors #1304724 Report a problem
    10/16/2025Pending sale$2,700,000$211/sqft
    Source: East Tennessee Realtors #1304724 Report a problem
    6/27/2025Price change$2,700,000+8%$211/sqft
    Source: East Tennessee Realtors #1304724 Report a problem
    6/14/2025Listed for sale$2,500,000$195/sqft
    Source: East Tennessee Realtors #1304724 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37813

    Nearby schools

    GreatSchools rating