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Sold for $395,000
  • $395,000

    713 Jaybird Rd, Morristown, TN 37814

    6beds
    2,596sqft
    Duplex, Multi Family
    Built in 1970
    -- sqft lot
    $395,300 Zestimate®
    $152/sqft
    $1,297 Estimated rent

    Home value

    $395,300

    $376,000 - $415,000

    $1,297/mo

    Zestimate® history
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    What's special

    New paintLuxury vinyl plank flooringCovered entrancesDining room
    Discover the perfect investment opportunity with this updated duplex in Morristown, TN! Boasting a combined 2,596 sq. ft. of livable space, this multi-family gem offers a fresh start with recent updates, including new paint and luxury vinyl plank flooring.The exterior has been beautifully refreshed with a new coat of paint and covered entrances, adding curb appeal and convenience. This spacious duplex is an excellent income-generating opportunity. Each of the updated units have 1298 square feet of living space and have been updated with fresh paint and new flooring. The left unit features new luxury vinyl plank (LVP) flooring throughout, while the right has newer LVP and carpet. Both units contain 3 bedrooms, 1 full bath, and 1 half bath. The kitchens are equipped with essential appliances, including a refrigerator, microwave, dishwasher, and an electric range with an oven. The ground floor of each unit includes the kitchen, dining room, and living room, with bedrooms and a full bath located on the upper level. The left unit is additionally equipped with a new washer and dryer, ensuring convenience for its occupants. This is an incredible, hands off income generator located in the growing Morristown market. This fully occupied duplex offers immediate cash flow. Both units are occupied at 1700 a month. Together, they generate a strong cap rate of 9.10%, making this an appealing investment for those looking to enter or expand their real estate portfolio.

    Zillow last checked:

    Listing updated:

    Listed by:

    Corbin Norton 423-748-0503,

    Crye-Leike Premier Real Estate LLC

    Bought with:

    Jessee Cook, 358637

    Cook & Company Realty

    Source: Lakeway Area AOR,MLS#: 711833MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    • Full bathrooms: 2
    • 1/2 bathrooms: 2
    Heating
    • Central, Ductless, Heat Pump
    Cooling
    • Central Air, Ductless, Electric, Multi Units, Separate Meters
    Appliances
    • Included: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
    • Laundry: Electric Dryer Hookup, Lower Level, Washer Hookup
    Features
    • Flooring: Carpet, Luxury Vinyl
    • Windows: Blinds, Double Pane Windows
    • Has fireplace: Yes
    • Fireplace features: Metal
    Interior area
    • Total structure area: 2,596
    • Total interior livable area: 2,596 sqft
    • Finished area above ground: 2,596
    • Finished area below ground: 0

    Property

    Features
    • Levels: Bi-Level
    • Patio & porch: Awning(s), Covered
    • Exterior features: Rain Gutters
    Lot
    • Size: 0.34 Acres
    • Dimensions: 100 x 100 x 150 x 150
    • Features: Back Yard, Level
    Details
    • Parcel number: 012.02

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Brick, Vinyl Siding
    • Roof: Asphalt
    Condition
    • New construction: No
    • Year built: 1970

    Utilities & green energy

    • Electric: 220 Volts in Laundry
    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Morristown

    Financial & listing details

    • Price per square foot: $152/sqft
    • Tax assessed value: $308,400
    • Annual tax amount: $2,778
    • Date on market: 6/12/2026
    • Tenant pays: All Utilities

    Price history

    DateEventPrice
    7/27/2026Sold$395,000-0.3%$152/sqft
    Source: Lakeway Area AOR #711833 Report a problem
    6/12/2026Pending sale$396,000$153/sqft
    Source: Lakeway Area AOR #711833 Report a problem
    6/12/2026Listed for sale$396,000+0.3%$153/sqft
    Source: Lakeway Area AOR #711833 Report a problem
    6/4/2025Listing removed$395,000$152/sqft
    Source: Lakeway Area AOR #706137 Report a problem
    1/6/2025Listed for sale$395,000-4.1%$152/sqft
    Source: Lakeway Area AOR #706137 Report a problem
    11/17/2024Listing removed$412,000$159/sqft
    Source: Lakeway Area AOR #705153 Report a problem
    11/4/2024Pending sale$412,000$159/sqft
    Source: Lakeway Area AOR #705153 Report a problem
    9/17/2024Listed for sale$412,000+7%$159/sqft
    Source: Lakeway Area AOR #705153 Report a problem
    6/14/2023Listing removed--
    Source: Lakeway Area AOR #610725 Report a problem
    4/8/2023Price change$385,000-50%$148/sqft
    Source: Lakeway Area AOR #610725 Report a problem
    4/8/2023Price change$770,000+100%$297/sqft
    Source: Lakeway Area AOR #610724 Report a problem
    3/23/2023Pending sale$385,000-50%$148/sqft
    Source: Lakeway Area AOR #610725 Report a problem
    2/18/2023Price change$770,000+100%$297/sqft
    Source: Lakeway Area AOR #610724 Report a problem
    2/18/2023Price change$385,000-51.9%$148/sqft
    Source: Lakeway Area AOR #610725 Report a problem
    12/2/2022Price change$799,900+100%$308/sqft
    Source: RE/MAX International #610724 Report a problem
    11/29/2022Price change$399,900-50%$154/sqft
    Source: Lakeway Area AOR #610725 Report a problem
    11/29/2022Listed for sale$799,900+28%$308/sqft
    Source: Lakeway Area AOR #610724 Report a problem
    8/6/2022Listing removed--
    Source: RE/MAX International Report a problem
    8/2/2022Price change$625,000-3.8%$241/sqft
    Source: Lakeway Area AOR #609045 Report a problem
    7/20/2022Listed for sale$650,000+103.1%$250/sqft
    Source: Lakeway Area AOR #609045 Report a problem
    2/11/2022Listing removed$320,000-1.5%$123/sqft
    Source: Lakeway Area AOR #600526 Report a problem
    4/16/2021Sold$325,000+1.6%$125/sqft
    Source: Lakeway Area AOR #601438 Report a problem
    2/23/2021Pending sale$320,000+238.5%$123/sqft
    Source: Lakeway Area AOR #600526 Report a problem
    8/31/2017Listing removed$675
    Source: Spectrum Management Group, LLC Report a problem
    8/23/2017Listed for rent$675
    Source: Spectrum Management Group, LLC Report a problem
    6/15/2017Listing removed$675
    Source: Spectrum Management Group, LLC Report a problem
    6/6/2017Listed for rent$675
    Source: Spectrum Management Group, LLC Report a problem
    8/15/1997Sold$94,543$36/sqft
    Source: Agent Provided Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,779 +112.8%$123,360 +198.5%
    2024$1,306 $41,320
    2023$1,306 $41,320
    2022$1,306 $41,320
    2021$1,306 +0.1%$41,320
    2020$1,304 +22.8%$41,320 +32.3%
    2019$1,062 +7.9%$31,240
    2018$984 +65.7%$31,240
    2017$594 $31,240
    2016$594 -31%$31,240
    2015$860 $31,240
    2014-- $31,240 -21.7%
    2013-- $39,920
    2010$1,074 $39,920
    2009-- $39,920 -11.4%
    2005$1,267 -10.8%$45,080
    2004$1,420 $45,080 +22.1%
    2001-- $36,913 -60%
    2000-- $92,282
    Find assessor info on the county website

    Neighborhood: 37814

    Nearby schools

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