926 E Main St
Morristown, TN 37814
- – beds
- – baths
- 2,352 sqft
- $106 per sqft
- 1900 build
- – on site
Don't miss this fantastic opportunity to expand your investment portfolio with this fully leased, income-producing triplex in the heart of Morristown! This property features three rental units, including two side-by-side main-level units and a basement efficiency, all currently occupied under yearly lease agreements. With a gross income of $27,600 per year, an estimated net income of $20,980, and an 8% cap rate, this property offers a strong return on investment. Recent updates include a newly renovated bathroom in Unit B, completed within the last month. Each unit benefits from 1-2 off-street parking spaces, adding to tenant convenience. Situated in a prime location, this property provides easy access to shopping, dining, and major roadways. Additionally, the neighboring rental property at 1002/1004 E Main St is also available for purchase, presenting an incredible opportunity to acquire multiple income-producing units in one area. Don't let this investment slip away—schedule your showing today!
Last checked:
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Last updated Mar 24, 2025
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MLS# 1294417 —
The Building
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Year Built:1900
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New Construction:No
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Construction Materials:Vinyl Siding, Block
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Architectural Style:None
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Direction Faces:None
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Roof:Shingle
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Stories:None
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Stories Total:None
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Basement:None
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Basement:No
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Accessibility Features:None
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Building Area Total:2352.0
Interior
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Levels:None
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Rooms Total:None
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Flooring:Other
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Listing Terms:USDA Loan, VA Loan, FHA, Cash, Conventional
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Possession:None
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Lease Term:None
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Tenant Pays:Heating, Electricity
Location
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Directions:From Andrew Johnson Hwy turn onto Liberty Hill Rd, Turn Left onto E Main St, Property on Left
The Property
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Parcel Number:008.00
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Property Type:Multi-Family
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Property Subtype:None
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Lot Features:None
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Lot Size Dimensions:68'x149'
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Lot Size Source:None
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Zoning:None
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Zoning Description:None
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Current Use:None
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Possible Use:None
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Topography:None
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View:None
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Waterfront:No
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Water Body Name:None
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Frontage Type:None
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Road Frontage Type:None
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Property Attached:No
Listing Agent
- Contact info:
- Office phone:
- (423) 581-8881
Taxes
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Tax Annual Amount:1017.52
Beds
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Bedrooms Total:None
Baths
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Full Baths:None
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Three Quarter Baths:None
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Half Baths:None
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Heat Pump, Electric
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Heating:true
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Cooling:Central Cooling, Window Unit(s)
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Cooling:true
Utilities
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Electric:None
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Sewer:None
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Water Source:None
Appliances
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Appliances:Range, Refrigerator
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Refrigerator:true
Schools
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Elementary School:Hillcrest
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Elementary School District:None
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Middle Or Junior School:Meadowview
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Middle Or Junior School District:None
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High School:Morristown East
The Community
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Park Name:None
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Senior Community:No
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Community Features:None
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Pool Private:No
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Spa Features:None
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Association:No
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Association Fee:None
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Association Fee Includes:None
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Association Fee Frequency:None
Parking
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Attached Garage:false
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Carport Spaces:None
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Parking Features:Off-Street Parking
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Parking Total:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
3/24/25
Mar 24, 2025
|
Listed / Active | KAARMLS | $249,900 |
