BEDS4
BATHS2 full
SQUARE FEET1,803
MLS#711306
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONNorthbrook
Property Description
Investment Opportunity in Morristown, TN - Duplex with Strong Cash Flow!Don't miss this solid income-producing duplex located just outside the Morristown city limits, offering the benefit of county-only taxes while still being just minutes from the Morristown Mall, grocery stores, dining, and everyday conveniences.Both units are fully occupied, providing immediate and consistent rental income from day one. With current rents, this property is performing at approximately a 10% cap rate relative to the list price, making it an attractive option for both seasoned investors and those looking to get started in real estate investing.Each unit offers comfortable living spaces with functional layouts, spacious living areas, and well-maintained interiors. The property features a low-maintenance exterior, ample parking, and a convenient location that continues to attract long-term tenants.Whether you're looking to expand your portfolio or secure a reliable, cash-flowing asset, this duplex checks all the boxes with strong returns, stable occupancy, and a prime location.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Central
Lot Size: 0.39 Acres
Roof Type: Shingle
Year Built: 1974
Units
Unit Type 1:
Bedrooms: 2
Full Baths: 1
Rent: $1500.00
Square Footage: 900.00
Unit Type 2:
Bedrooms: 2
Full Baths: 1
Rent: $1500.00
Square Footage: 900.00
Feature Descriptions
Appliances: Dishwasher, Refrigerator, Microwave, Electric Water Heater, Electric Oven
Days on Site: 7
HOA Y/N: No
Laundry: Laundry Closet
Parcel #: 024F B 02300 000
Sewer: Septic Tank
Water: Public
Listed By / Shown By
Listed By
Agency Name: RE/MAX Real Estate Ten Midtown
Agency Phone: (423) 581-8881
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Lakeway MLS
Estimate Your Payment
Estimated Payment
$ 855.61 per month $756.47 Principal & Interest $0.00 Property Tax (data not provided by mls) $99.14 Homeowner's InsuranceChange Payment Information
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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2748 Northview Drive | MLS# 711306
This multi-family property located at 2748 Northview Drive, Morristown, TN 37814 is currently listed for sale with an asking price of $339,900. Search Morristown real estate on www.clhomes.com today.