Sold for $1,200,000

$1,200,000

5305 W Andrew Johnson Hwy, Morristown, TN 37814

--beds

0baths

20,206sqft

Multi Family

Built in 1977

-- sqft lot

$1,582,200 Zestimate^®

$59/sqft

$1,523 Estimated rent

Home value

$1,582,200

$1.30M - $1.93M

$1,523/mo

Zestimate^® history

Owner options

List your home for rent

$1,523/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$1,523/mo

Rent Zestimate^®

Refinance and save

$5,463/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$5,463/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

6 bay auto repair shop building with 4 inground lifts, a sleeping room, office and bath with shower, a vacant commercial lot on West Andrew Johnson Highway and 13- 1 bedroom apartments and 1- 2 bedroom apartment with a full basement retained and used by the owner. Total current income is $166,800 annually. Pest Control Contract-$150.00 every 3 months. Water runs approximately $450-$475 per month. Laundry room brings in approximately $300.00 per month with an $80.00 expense for gas. Also, you could rent out the 7833 square foot basement.

Facts & features

Interior

Bedrooms & bathrooms

Bathrooms: 0

Heating

Central, Forced Air, Natural Gas, Electric

Cooling

Central Air

Features

Walk-In Closet(s)
Flooring: Carpet, Vinyl
Windows: Double Pane Windows, Aluminum Frames

Interior area

Total structure area: 20,206
Total interior livable area: 20,206 sqft

Property

Parking

Parking features: Off Street, On Premise Parking

Lot

Size: 3.05 Acres
Dimensions: 204 x 271

Details

Parcel number: 048 018.05

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Brick

Condition

Year built: 1977

Community & HOA

Community

Subdivision: Panther Village

Location

Region: Morristown

Financial & listing details

Price per square foot: $59/sqft
Date on market: 4/22/2024
Listing terms: New Loan,Cash

Price history

Date	Event	Price
9/30/2024	Sold	$1,200,000-52%$59/sqft
Source: East Tennessee Realtors #1260178 Report a problem
4/22/2024	Listed for sale	$2,500,000$124/sqft
Source: East Tennessee Realtors #1260178 Report a problem

Public tax history

Tax history is unavailable.

Neighborhood: 37814

Nearby homes

Nearby schools

GreatSchools rating

7/10
Alpha Elementary School
Grades: K-5Distance: 0.5 mi
7/10
West View Middle School
Grades: 6-8Distance: 1.9 mi
6/10
Morristown West High School
Grades: 9-12Distance: 4.7 mi

Schools provided by the listing agent

Elementary: Alpha
Middle: West View
High: Morristown West

Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.