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    926 E Main St Morristown, TN 37814

    For Sale
    $249,900

    MULTI_FAMILY - Victorian - Morristown, TN

    Property size:
    2,352 SF
    Lot size:
    0.23 Acres
    Days on Market:
    51
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 926 E Main St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    LI
    Rooms
    Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 4, Bedroom 2, Basement, Bathroom 2
    Bedrooms
    4
    APN
    008.00
    Basement
    Walk-Out Access, Exterior Entry, Finished
    Appliances
    Range, Refrigerator
    Size
    2,352 SF
    Lot size
    0.23 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating), Heat Pump (Heating)
    Cooling system
    Window Unit(s), Heat Pump
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    1
    Number of units
    3
    Building materials
    Vinyl Siding
    Roof type
    Shingle
    Architectural style
    Victorian

    REMAX REAL ESTATE TEN OF MORRISTOWN (423) 289-0030

    Listing agent Heather Walker (423) 231-9766 License #337402

    Listing date Oct 16, 2025

    Copyright © 2025 Tennessee Virginia Regional Multiple Listing Service. 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 Triplex: Turn-Key Investment

    This turn-key triplex is located in Morristown and offers three rentable spaces. The property includes two side-by-side main-level units plus a basement efficiency, each occupied on annual leases. The gross annual income is approximately $29,400, with an estimated net income of $24,965, and an approximate 10% cap rate based on present leases and expenses. Recent improvements include a newly renovated bathroom in Unit B and an improved crawl space. Tenants have access to one to two off-street parking spaces per unit. The property is conveniently located close to shopping, dining, and major thoroughfares. The lot size is 0.23 acres. The property size is 2352 square feet. The zoning is LI.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.282555
    Latitude
    36.217709

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    FAQs

    What type of property is this?
    Triplex - Fully leased, cash-flowing triplex in Morristown's heart. Great investment!
    Where is this triplex located?
    The property is located at 926 E Main St Morristown, TN.
    What is the asking price?
    The asking price for this property is $249,900.
    What are key features of this property?
    This property features: - Fully leased triplex generating approximately $29,400 gross annual income and $24,965 estimated net income.; - Approximate 10% cap rate based on current leases and expenses.; - Turn-key property with three rentable units: two main-level units and a basement efficiency.
    (423) 231-9766
    Request Owner's contact information
    926 E Main St Morristown, TN 37814
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    Morristown, TN 37814
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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
    926 E Main St Morristown, TN 37814
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