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Morristown, TN Apartment Buildings for Sale

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Multifamily Property with Subdivision Potential
Updated: Jun 23
Multifamily Property with Subdivision Potential

3304 W Andrew Johnson Highway, Morristown, TN 37814

$3,000,000
4.50 AC lot
Currently operated as 12 apartment rentals with no vacancies
Seller will subdivide the property
All city utilities are on the property
Cooling system includes a heat pump
Year built: 2000
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Morristown Multifamily Investment Opportunity
Updated: May 22
Morristown Multifamily Investment Opportunity

825 Donna Street, Morristown, TN 37814

$725,000
4,983 sqft
Stable, contract‑backed income guaranteed by a Housing Assistance Payments (HAP) contract.
Professionally managed by a third‑party company in accordance with HAP regulations.
Located in the growing Lakeway Area market.
Convenient access to retail, employment centers, and major transportation corridors including I‑81.
Consists entirely of one‑bedroom / one‑bathroom units.
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Multifamily Investment Opportunity in Morristown
Multifamily Investment Opportunity in Morristown

106 King Ave, Morristown, TN 37814

$785,000
4,500 sqft

Five-unit multifamily property with recent capital improvements and diverse unit mix.

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Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 3 Active listings in Morristown, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Five-Unit Apartment Complex
Five-Unit Apartment Complex

1645 E Main Street, Rogersville, TN 37857

$375,000
1,500 sqft 0.30 AC lot

Well-maintained five-unit complex with washer and dryer hookups and an additional on-site storage unit.

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Strawberry Plains Multifamily Investment Opportunity
Strawberry Plains Multifamily Investment Opportunity

3229 Blue Springs Road, Strawberry Plains, TN 37871

$1,250,000
2,072 sqft 1.30 AC lot

Four duplexes on a single lot with income potential.

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5-Unit Apartment Complex
5-Unit Apartment Complex

1653 E Main Street, Rogersville, TN 37857

$375,000
4.20 AC lot

Five well-maintained units plus an on-site storage unit, offering two 1-bedroom and three 2-bedroom layouts.

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Turnkey Multifamily Investment Opportunity
Turnkey Multifamily Investment Opportunity

2810&2812 Daybreak Way, Strawberry Plains, TN 37871

$1,599,000
8,993 sqft 3.11 AC lot

Well-maintained 13-unit apartment complex near Knoxville and Sevierville.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Greenville Development Opportunity: 1.33 Acres
Greenville Development Opportunity: 1.33 Acres

71 Salters Road, Greenville, SC 29607

$699,900
1.33 AC lot

1.33 acre parcel suitable for multi-family development near downtown.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Off-Market Properties in Morristown, TN

Consider similar Off-Market properties in Morristown, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

106 Hamilton Ave
APARTMENT HOUSE (UNDER 5 UNITS)

106 Hamilton Ave, Morristown, TN 37814-4624

$1,000,000
Estimated value
8,995 sqft 0.75 AC lot
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200 Barkley Lndg Dr
APARTMENT HOUSE (UNDER 5 UNITS)

200 Barkley Lndg Dr, Morristown, TN 37813-6305

$7,755,000
Estimated value
10,690 sqft 9.15 AC lot
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432 Barkley Lndg Dr
APARTMENT HOUSE (UNDER 5 UNITS)

432 Barkley Lndg Dr, Morristown, TN 37813-5297

$7,780,000
Estimated value
11,706 sqft 12.54 AC lot
View details
1440 Cherokee Dr
APARTMENT HOUSE (UNDER 5 UNITS)

1440 Cherokee Dr, Morristown, TN 37814-3502

Value Estimation by Request
3,520 sqft 0.33 AC lot
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432 Liberty Hl Rd
APARTMENT HOUSE (UNDER 5 UNITS)

432 Liberty Hl Rd, Morristown, TN 37814-4947

Value Estimation by Request
6,090 sqft 1.82 AC lot
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1397 Dandelion Cir
APARTMENT HOUSE (UNDER 5 UNITS)

1397 Dandelion Cir, Morristown, TN 37814-1705

Value Estimation by Request
3,074 sqft 0.36 AC lot
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113 3rd N St
APARTMENT HOUSE (UNDER 5 UNITS)

113 3rd N St, Morristown, TN 37814-4570

Value Estimation by Request
7,144 sqft 0.45 AC lot
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106 King Ave
APARTMENT HOUSE (UNDER 5 UNITS)

106 King Ave, Morristown, TN 37814-6668

Value Estimation by Request
3,056 sqft 0.39 AC lot
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315 Algonquin Dr
APARTMENT HOUSE (UNDER 5 UNITS)

315 Algonquin Dr, Morristown, TN 37813-4764

Value Estimation by Request
4,246 sqft 1.26 AC lot
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552 Cumberland St
APARTMENT HOUSE (UNDER 5 UNITS)

552 Cumberland St, Morristown, TN 37813-2307

Value Estimation by Request
2,866 sqft 0.62 AC lot
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800 Church St
APARTMENT HOUSE (UNDER 5 UNITS)

800 Church St, Morristown, TN 37814-3563

Value Estimation by Request
3,074 sqft 0.35 AC lot
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1616 Morningside Dr
APARTMENT HOUSE (UNDER 5 UNITS)

1616 Morningside Dr, Morristown, TN 37814-5451

Value Estimation by Request
5,180 sqft 1.49 AC lot
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2100 New Cut Rd
APARTMENT HOUSE (UNDER 5 UNITS)

2100 New Cut Rd, Morristown, TN 37814-4322

Value Estimation by Request
8,640 sqft 0.73 AC lot
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514 Liberty Hl Rd
APARTMENT HOUSE (UNDER 5 UNITS)

514 Liberty Hl Rd, Morristown, TN 37813-5763

$2,310,000
Estimated value
3,815 sqft 5.94 AC lot
View details
868 Panther Crk Rd
APARTMENT HOUSE (UNDER 5 UNITS)

868 Panther Crk Rd, Morristown, TN 37814-1247

Value Estimation by Request
5,760 sqft 1.15 AC lot
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734 Panther Crk Rd
APARTMENT HOUSE (UNDER 5 UNITS)

734 Panther Crk Rd, Morristown, TN 37814-1546

Value Estimation by Request
6,264 sqft 1.14 AC lot
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2429 Buffalo Trl
APARTMENT HOUSE (UNDER 5 UNITS)

2429 Buffalo Trl, Morristown, TN 37814-5994

$510,000
Estimated value
7,136 sqft 0.78 AC lot
View details
600 Pleasant Ave
APARTMENT HOUSE (UNDER 5 UNITS)

600 Pleasant Ave, Morristown, TN 37813-2140

$1,215,000
Estimated value
16,893 sqft 0.68 AC lot
View details
650 Panther Crk Rd
APARTMENT HOUSE (UNDER 5 UNITS)

650 Panther Crk Rd, Morristown, TN 37814-1245

Value Estimation by Request
8,520 sqft 1.07 AC lot
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315 Henry St
APARTMENT HOUSE (UNDER 5 UNITS)

315 Henry St, Morristown, TN 37814-4053

Value Estimation by Request
5,546 sqft 0.16 AC lot
View details
430 Economy Rd
APARTMENT HOUSE (UNDER 5 UNITS)

430 Economy Rd, Morristown, TN 37814-3263

$2,085,000
Estimated value
2,652 sqft 3.93 AC lot
View details

Morristown, TN Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Morristown, TN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,483 square feet of properties for sale, with an estimated market value of $1,510,000.

Sale prices for two-family homes in Morristown, TN start at $725,000, averaging $755,000, and reaching up to $785,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 52K
Population Growth (5Y) +0.7%
Median Household Income $49,981
College Educated 13.0%

High-Yield Neighborhoods for Investment

Identify Morristown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37814 $1.5M

Listings Trend

New vs delisted commercial listings in Hamblen County

New Delisted

Total CRE Inventory on Market (SF)

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