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.
Pending
$396,000
713 Jaybird Rd, Morristown, TN 37814
6beds
2,596sqft
Duplex, Multi Family
Built in 1970
-- sqft lot
$383,000 Zestimate®
$153/sqft
$-- HOA
What's special
New paintLuxury vinyl plank flooringCovered entrancesDining room
- 13 hours |
- 331 |
- 6 |
Zillow last checked:
Listing updated:
Listed by:
Corbin Norton 423-748-0503,
Crye-Leike Premier Real Estate LLC 423-586-4115
Source: Lakeway Area AOR,MLS#: 711833
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: $153/sqft
- Tax assessed value: $308,400
- Annual tax amount: $2,778
- Date on market: 6/12/2026
- Tenant pays: All Utilities
Estimated market value
$383,000
$364,000 - $402,000
$1,470/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2026 | Pending sale | $396,000$153/sqft |
Source:  Lakeway Area AOR #711833 Report a problem | ||
| 6/12/2026 | Listed for sale | $396,000+0.3%$153/sqft |
Source: Lakeway Area AOR #711833 Report a problem | ||
| 6/4/2025 | Listing removed | $395,000$152/sqft |
Source: Lakeway Area AOR #706137 Report a problem | ||
| 1/6/2025 | Listed for sale | $395,000-4.1%$152/sqft |
Source: Lakeway Area AOR #706137 Report a problem | ||
| 11/17/2024 | Listing removed | $412,000$159/sqft |
Source: Lakeway Area AOR #705153 Report a problem | ||
| 11/4/2024 | Pending sale | $412,000$159/sqft |
Source: Lakeway Area AOR #705153 Report a problem | ||
| 9/17/2024 | Listed for sale | $412,000+7%$159/sqft |
Source: Lakeway Area AOR #705153 Report a problem | ||
| 6/14/2023 | Listing removed | -- |
Source: Lakeway Area AOR #610725 Report a problem | ||
| 4/8/2023 | Price change | $385,000-50%$148/sqft |
Source: Lakeway Area AOR #610725 Report a problem | ||
| 4/8/2023 | Price change | $770,000+100%$297/sqft |
Source: Lakeway Area AOR #610724 Report a problem | ||
| 3/23/2023 | Pending sale | $385,000-50%$148/sqft |
Source: Lakeway Area AOR #610725 Report a problem | ||
| 2/18/2023 | Price change | $770,000+100%$297/sqft |
Source: Lakeway Area AOR #610724 Report a problem | ||
| 2/18/2023 | Price change | $385,000-51.9%$148/sqft |
Source: Lakeway Area AOR #610725 Report a problem | ||
| 12/2/2022 | Price change | $799,900+100%$308/sqft |
Source:  RE/MAX International #610724 Report a problem | ||
| 11/29/2022 | Price change | $399,900-50%$154/sqft |
Source: Lakeway Area AOR #610725 Report a problem | ||
| 11/29/2022 | Listed for sale | $799,900+28%$308/sqft |
Source: Lakeway Area AOR #610724 Report a problem | ||
| 8/6/2022 | Listing removed | -- |
Source: RE/MAX International Report a problem | ||
| 8/2/2022 | Price change | $625,000-3.8%$241/sqft |
Source: Lakeway Area AOR #609045 Report a problem | ||
| 7/20/2022 | Listed for sale | $650,000+103.1%$250/sqft |
Source: Lakeway Area AOR #609045 Report a problem | ||
| 2/11/2022 | Listing removed | $320,000-1.5%$123/sqft |
Source: Lakeway Area AOR #600526 Report a problem | ||
| 4/16/2021 | Sold | $325,000+1.6%$125/sqft |
Source: Lakeway Area AOR #601438 Report a problem | ||
| 2/23/2021 | Pending sale | $320,000+238.5%$123/sqft |
Source: Lakeway Area AOR #600526 Report a problem | ||
| 8/31/2017 | Listing removed | $675 |
Source: Spectrum Management Group, LLC Report a problem | ||
| 8/23/2017 | Listed for rent | $675 |
Source: Spectrum Management Group, LLC Report a problem | ||
| 6/15/2017 | Listing removed | $675 |
Source: Spectrum Management Group, LLC Report a problem | ||
| 6/6/2017 | Listed for rent | $675 |
Source: Spectrum Management Group, LLC Report a problem | ||
| 8/15/1997 | Sold | $94,543$36/sqft |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax 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 | -- | $92,282 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 37814
Nearby schools
GreatSchools rating
- 6/10John Hay Elementary SchoolGrades: K-5Distance: 0.8 mi
- 4/10Meadowview Middle SchoolGrades: 6-8Distance: 1.8 mi
- 5/10Morristown East High SchoolGrades: 9-12Distance: 3 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Hamblen County
- Morristown
- 37814
- 713 Jaybird Rd
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