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. 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!
For sale
$249,900
926 E Main St, Morristown, TN 37814
4beds
--sqft
Est.:
Triplex, Multi Family
Built in 1900
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Basement efficiencySide-by-side main-level unitsOff-street parking spaces
- 33 days
- on Zillow |
- 665 |
- 26 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 12:25pm
Listed by:
Heather Walker 423-231-9766,
RE/MAX Real Estate Ten Midtown 423-581-8881
Source: Lakeway Area AOR,MLS#: 706891

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
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: 4/18/2025
- Inclusions: Stove and Refrigerator in each unit
- Tenant pays: Electricity
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