For sale

$268,000

1987 Joe Stephens Rd, Morristown, TN 37814

3beds

--sqft

Est.:

Duplex, Multi Family

Built in 1952

-- sqft lot

$-- Zestimate^®

$--/sqft

$-- HOA

What's special

Patio behind the home

This home is situated only minutes from downtown Morristown, but offers the peace and quiet that comes with living away from the city. Furthermore, this home is currently split into two apartments and can be left as a multi-family duplex, or could even be turned into a single-family residential home with a mother-in-law suite! Finally, this property comes with a fenced in area in the backyard, and a patio behind the home. Currently, the total monthly income for both apartments combined is $1,950. Please contact Listing Agent when requesting to show this property.

207 days

581

26

Tour with a local agent

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 2

Heating

Central, Varies by Unit

Cooling

Ceiling Fan(s), Central Air, Wall Unit(s)

Appliances

Included: Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room

Features

Flooring: Combination, Luxury Vinyl, Wood
Common walls with other units/homes: 1 Common Wall

Interior area

Finished area above ground: 1,736
Finished area below ground: 0

Property

Features

Levels: One
Stories: 1
Patio & porch: Covered, Patio
Exterior features: Balcony, Rain Gutters
Fencing: Back Yard

Lot

Size: 0.87 Acres

Details

Parcel number: 032

Construction

Type & style

Home type: MultiFamily
Property subtype: Duplex, Multi Family

Materials

Vinyl Siding
Foundation: Slab
Roof: Shingle

Condition

New construction: No
Year built: 1952

Utilities & green energy

Electric: Circuit Breakers
Sewer: Septic Tank
Water: Public
Utilities for property: Electricity Connected, Water Connected

Community & HOA

Location

Region: Morristown

Financial & listing details

Tax assessed value: $221,400
Annual tax amount: $503
Date on market: 3/12/2026
Inclusions: Kitchen Appliances: Refrigerator and stove Other: Washer and dryer
Tenant pays: All Utilities, Trash Collection
Electric utility on property: Yes
Road surface type: Paved

Estimated market value

Not available

Estimated sales range

Not available

$1,452/mo

Price history

Date	Event	Price
10/29/2025	Price change	$268,000-2.5%
Source: Lakeway Area AOR #708974 Report a problem
9/11/2025	Listed for sale	$275,000
Source: Lakeway Area AOR #708974 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,302 +158.4%	$88,560 +246.3%
2024	$504	$25,575
2023	$504	$25,575
2022	$504	$25,575
2021	$504	$25,575
2020	$504 +6.2%	$25,575 +14.8%
2019	$474	$22,275
2018	$474 +0.1%	$22,275
2017	$474	$22,275
2016	$474 +15%	$22,275
2015	$412	$22,275
2014	--	$22,275 -7.7%
2013	--	$24,125
2011	$446	$24,125
2010	$446	$24,125
2009	--	$24,125 +13.4%
2008	$468	$21,275
2007	$468 +4.8%	$21,275
2006	$447	$21,275
2005	$447 -11%	$21,275
2004	$502 +42.1%	$21,275 +42.1%
2003	$353	$14,975 +2.5%
2001	--	$14,614 -75%
2000	--	$58,457

Find assessor info on the county website

BuyAbility℠ payment

Est. payment

$1,398/mo

Principal & interest

$1311

Property taxes

$87

More affordability tools

Climate risks

Neighborhood: 37814

Getting around

0 / 100

Car-Dependent

Nearby schools

GreatSchools rating

6/10
Manley Elementary School
Grades: PK-5Distance: 1.8 mi
7/10
West View Middle School
Grades: 6-8Distance: 3.6 mi
5/10
Morristown West High School
Grades: 9-12Distance: 4.1 mi

Schools provided by the listing agent

Elementary: Manley
Middle: Westview
High: West

Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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