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Pending
  • $249,900

    926 E Main St, Morristown, TN 37814

    4beds
    --sqft
    : 
    Triplex, Multi Family
    Built in 1900
    -- sqft lot
    $237,100 Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Basement efficiencySide-by-side main-level unitsOff-street parking spaces
    **Investor OPEN HOUSE - POSTPONED! This is a rare opportunity to view all three occupied units during a one-time showing window. Don't miss your chance to walk through and evaluate this income-producing property in person! Please be respectful during the tour and direct any questions to the hosting agent.** 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 $23,165 and an 10.8% 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. Don't let this investment slip away—schedule your showing today!
    91 days
    on Zillow
    |
    520
    |
    26
    |

    Zillow last checked: 7 hours ago

    Listing updated: June 11, 2025 at 12:43pm

    Listed by:

    Heather Walker 423-231-9766,

    RE/MAX Real Estate Ten Midtown 423-581-8881

    Source: Lakeway Area AOR,MLS#: 706891MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Heat Pump
    Cooling
    • Electric, Heat Pump, Wall/Window Unit(s)
    Appliances
    • Included: Electric Oven, Electric Range, Refrigerator
    • Laundry: Electric Dryer Hookup, Multiple Locations, Washer Hookup
    Features
    • Basement: Apartment,Exterior Entry,Finished,Walk-Out Access
    Interior area
    • Finished area above ground: 1,680
    • Finished area below ground: 672

    Property

    Lot
    • Size: 10,018.8 Square Feet
    • Features: City Lot
    Details
    • Parcel number: 008.00

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Victorian
    • Property subtype: Triplex, Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Block
    • Roof: Shingle
    Condition
    • Year built: 1900

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Morristown

    Financial & listing details

    • Tax assessed value: $80,500
    • Annual tax amount: $1,017
    • Date on market: 5/23/2025
    • Inclusions: Stove and Refrigerator in each unit
    • Tenant pays: Electricity
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