12-Unit Apartment
For Sale
$3,000,000
3304 W Andrew Johnson Highway, Morristown, TN 37814
Commercial Sale, Morristown, TN
Property SizeContact for details
Lot Size4.50 Acres
Days on Market74
Property Features for 3304 W Andrew Johnson Highway
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
3304 W Andrew Johnson Hwy. Centrally located.
Standard status
Active
APN
041A A 02300 000
Lot size
4.50 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17950
Utilities
Cooling system
Heat Pump
Building Details
Year built
2000
Floors in Building
1
Listing Agency:
The Realty House, Inc
(423) 581-9300
Listed By:
Adren Greene · License #6281
(423) 231-1400
Added: Jun 23
Changed: Sep 3
Last Checked: Sep 4 at 6:06AM
MLS# 711972
Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This apartment property includes 12 rental units, all currently occupied, across a 4.5-acre tract. Constructed in 2000, the property is served by city utilities and uses heat pump cooling. Additional out parcels are included, and the seller will subdivide the property.
Located at 3304 W Andrew Johnson Highway in Morristown, Tennessee, the site also has stated potential for restaurant and medical retail uses. The combination of existing residential income improvements, available land, and utility service supports a range of property considerations.
Located at 3304 W Andrew Johnson Highway in Morristown, Tennessee, the site also has stated potential for restaurant and medical retail uses. The combination of existing residential income improvements, available land, and utility service supports a range of property considerations.
Key Highlights
- 12 apartment rentals with no vacancies
- 4.5‑acre property in Morristown, TN
- Additional out parcels included
Property Analytics
Property Profile
Current Use
Lease Details
12
Residential units
100%
Occupancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
366
Businesses Nearby
Explore this area
Business Placement
Demographics for 37814, TN
34,130
Population
15,287
Households
2.2
Avg Household Size
41
Median Age
22%
College-Educated
88%
High-School Grad
43.9 sq mi
ZIP Area
777
Density / Sq Mi
$51,083
Median Household Income
$35,062
Median Earnings
$859
Median Rent
$192,200
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied apartments with city utilities serving a multi-acre property and additional out parcels.
Where is this apartment building located?
The property is located at 3304 W Andrew Johnson Highway Morristown, TN.
What is the asking price?
The asking price for this property is $3,000,000.
What are key features of this property?
This property features: 12 apartment rentals with no vacancies; 4.5‑acre property in Morristown, TN; Additional out parcels included
