Brand New Construction Multi-Family Investment Property - 12 Fully Leased Units in Morristown, TN
Introducing an outstanding investment opportunity with three newly built 4-unit apartment buildings in the thriving market of Morristown, Tennessee. Completed in 2024, this brand new construction multi-family asset features 12 spacious, tenant-occupied units offering immediate income and long-term growth potential.
Each unit boasts a well-designed 3-bedroom, 2-bathroom floor plan with 1,054 square feet of living space, offering modern interiors, open layouts, and durable finishes. Every building includes one ADA-compliant, handicap-accessible unit, enhancing accessibility and broadening tenant appeal.
Property Highlights:
- Total of 12 units (3 buildings with 4 units each)
- Each unit: 3 bedrooms / 2 bathrooms / 1,054 sq. ft.
- One handicap-accessible unit per building (3 total)
- Fully leased - stabilized with immediate rental income
- Completed in 2024 - low-maintenance, turnkey investment
- Located in a strong rental market with continued growth
Pro forma available upon request. Whether you're a seasoned investor or entering the multifamily space, this property offers a unique chance to own high-quality, newly constructed units with strong occupancy in a desirable location.
Seize this opportunity to add a stable, income-producing asset to your portfolio in one of East Tennessee's most promising rental markets.
Information contained in this listing is deemed reliable. Buyer to independently verify and perform due diligence to confirm information is accurate.
For sale
$2,500,000
305-365 Barkley Landing Dr, Morristown, TN 37813
--beds
0baths
12,801sqft
Est.:
Multi Family
Built in 2024
-- sqft lot
$-- Zestimate®
$195/sqft
$-- HOA
What's special
Open layoutsSpacious tenant-occupied unitsDurable finishesModern interiors
- 10 days
- on Zillow |
- 262 |
- 17 |
Zillow last checked: 7 hours ago
Listing updated: June 13, 2025 at 07:53pm
Listed by:
Alyssa Renee Champagne 865-228-9309,
Prime Mountain Properties 865-453-4049
Source: East Tennessee Realtors,MLS#: 1304724

Travel times
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Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
Features
- Pantry
- Flooring: Other
Interior area
- Total structure area: 12,801
- Total interior livable area: 12,801 sqft
Property
Parking
- Parking features: On Premise Parking
Accessibility
- Accessibility features: Handicap Accessible
Features
- Exterior features: Balcony
Lot
- Size: 1.03 Acres
- Dimensions: 300 x 150
Details
- Parcel number: 042J C 010.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding, Frame
Condition
- Year built: 2024
Utilities & green energy
- Utilities for property: Cable Available
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: BARKLEY LANDING APTS REV LOTS 9,10,11,12
Location
- Region: Morristown
Financial & listing details
- Price per square foot: $195/sqft
- Date on market: 6/14/2025
- Listing terms: Call Listing Agent,Cash,Conventional
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