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    510 S Liberty Hill Rd Morristown, TN 37813

    For Sale
    $399,900

    MULTI_FAMILY - Morristown, TN

    Property size:
    2,280 SF
    Lot size:
    0.51 Acres
    Days on Market:
    19
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 510 S Liberty Hill Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-2
    Rooms
    Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1
    Bedrooms
    2
    Bathrooms
    2
    APN
    002.02
    Size
    2,280 SF
    Lot size
    0.51 Acres

    Utilities

    Cooling system
    Heat Pump, Electric, Central Air

    Building Details

    Year built
    2006
    Floors in Building
    1
    Number of units
    1

    RE/MAX BEtween the Lakes - Dandridge (865) 397-8990 [email protected]

    Listing agent Joey Bruce (865) 924-5205

    Listing date Nov 17, 2025

    MLS# 309137 Listing URL

    Copyright © 2025 Great Smoky Mountains 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.

    Overview

    Morristown Brick Duplex Investment Property

    This well-maintained brick duplex, situated in the heart of Morristown, Tennessee, offers over 2,000 square feet of living space. Each of the two units features two bedrooms and two bathrooms. The property includes separate electric and water meters for each unit, and city sewer services. Gas and high-speed internet are available. A large, unfinished basement provides garage spaces and ample storage. The property, zoned R-2, features good parking areas and a level yard on a 0.51-acre lot. The property offers an excellent investment opportunity.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.278129
    Latitude
    36.213488

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in the heart of Morristown, Tennessee.
    Where is this duplex located?
    The property is located at 510 S Liberty Hill Rd Morristown, TN.
    What is the asking price?
    The asking price for this property is $399,900.
    What are key features of this property?
    This property features: - Excellent location in the heart of Morristown; - Two separate units, each with 2 bedrooms and 2 bathrooms; - Separate electric and water meters for each unit
    (865) 924-5205
    Request Owner's contact information
    510 S Liberty Hill Rd Morristown, TN 37813
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    510 S Liberty Hill Rd Morristown, TN 37813
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