$199,900

FOR SALE

311 E 4th Street, Morristown, TN 37814

Morristown, Tn, 37814

MLS #709106

Subdivision: -

Building: 311 E 4th Street

4 Beds

2/- Baths

10018.8 sqft

$ 19.95 /sqft

Property Details

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!

Property Features

-

Property Type
Condo/Co-Op/Villa/Townhouse
HOA Fee/Monthly
-
HOPA
-
Membership Fees
-
Appliances
-
Restrictions
-
Furnished
-
Flooring
-
No. of Floor
-
Terms Considered
-
Year Built
1949
Cooling
-
Pets Allowed
-
Amenities
-
Interior
-
Maintenance Fee Includes
-
Governing Bodies
-
Construction
-
Security
-
Heating
-
Garage/Carport
-
Dining Area
-
Exterior
-
Pet Restrictions
-
Parking
-
Application Fee
-
Water Access
-
Pool
No
Gated Community
********
Status
A
Listing Office
REMAX Real Estate Ten Midtown

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Listing Courtesy of: REMAX Real Estate Ten Midtown