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Sold for $185,000
  • $185,000

    311 E 4th St, Morristown, TN 37814

    4beds
    --sqft
    Duplex, Multi Family
    Built in 1949
    -- sqft lot
    $194,800 Zestimate®
    $--/sqft
    $1,285 Estimated rent

    Home value

    $194,800

    $154,000 - $247,000

    $1,285/mo

    Zestimate® history
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    $1,285/mo

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    $1,285/mo

    Rent Zestimate®

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    $1,132/mo

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    $1,132/mo

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    What's special

    Investor Alert in Downtown Morristown! Seize the chance to own a fully leased, cash-flowing duplex in the heart of Morristown. With a gross annual income of $22,800, low operating expenses, and a strong net income of $20,700, this property currently delivers an impressive 10.4% cap rate. Both units are secured with leases in place through August & September 2026, providing stable, long-term income for the next owner. Tenants enjoy off-street parking and a central location just minutes from shopping, dining, medical facilities, and all that downtown Morristown has to offer. Whether you're searching for your first investment property or looking to expand your portfolio, this duplex offers an affordable entry point with reliable returns. Opportunities like this don't last!

    Zillow last checked:

    Listing updated:

    Listed by:

    Heather Walker 423-231-9766,

    RE/MAX Real Estate Ten Midtown

    Bought with:

    Non Member

    Non Member - Sales

    Source: Lakeway Area AOR,MLS#: 709106MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Electric, Heat Pump
    Cooling
    • Electric, Heat Pump
    Appliances
    • Included: Electric Oven, Refrigerator
    • Laundry: Electric Dryer Hookup, Washer Hookup
    Features
    • Has fireplace: Yes
    • Fireplace features: Metal
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Finished area above ground: 1,696
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    Lot
    • Size: 10,018 sqft
    • Features: City Lot
    Details
    • Parcel number: 027.00

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1949

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Sewer Connected, Water Connected

    Community & neighborhood

    Location
    • Region: Morristown

    Price history

    DateEventPrice
    11/24/2025Sold$185,000-7.5%
    Source: Lakeway Area AOR #709106 Report a problem
    10/28/2025Pending sale$199,900
    Source: Lakeway Area AOR #709106 Report a problem
    9/23/2025Listed for sale$199,900
    Source: Lakeway Area AOR #709106 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37814

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Hillcrest
    • Middle: Meadowview
    • High: East

    Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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