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3-Unit Multifamily Property
New
For Sale
$449,999

1010 E Main Street, Morristown, TN 37814

Residential Income, Morristown, TN

Property Size2,988 SF
Lot Size0.42 Acres
Price / SF$150.60
Days on Market2

Property Features for 1010 E Main Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description Residential
Bedrooms 5
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 2, Bedroom 5, Bedroom 3, Bathroom 1, Bedroom 4, Bathroom 2, Bedroom 1
Directions Near downtown Morristown, from East Main and South Cumberland, proceed east on East Main to 1010 E. Main St.
Standard status Active
APN 034J A 010.00
Size 2,988 SF
Lot size 0.42 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1934

Utilities

Heating system Electric (Heating)
Water source Public

Amenities

garage
large enclosed storage building

Building Details

Year built 1935
Floors in Building 2
Roof type Asphalt
Additional Structures Workshop
Listing Agency: Your Home Sold Guaranteed Realty TN
Listed By: Tannor Giles
Added: Nov 2 Last Checked: Nov 3 at 8:06AM
MLS# 12052524

Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This 2,988-square-foot multifamily property on 0.42 acres contains three residences. The renovated two-story main home is currently rented. A separate two-bedroom, one-bath residence with a garage and a detached one-bedroom, one-bath home provide additional residential space. The site also includes an enclosed storage building and parking area.

Located at 1010 E Main Street in Morristown, the property was rezoned for residential use, and a survey has been completed. Built in 1935, the property has electric heat, an asphalt roof, and public water.

Key Highlights

  • Three residences on a 0.42‑acre site
  • 2,988 square feet of property
  • Renovated two‑story main home is currently rented

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

481
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Three residences, including a renovated two-story home, share a site with a garage and enclosed storage building.
Where is this multifamily property located?
The property is located at 1010 E Main Street Morristown, TN.
What is the asking price?
The asking price for this property is $449,999.
What are key features of this property?
This property features: Three residences on a 0.42‑acre site; 2,988 square feet of property; Renovated two‑story main home is currently rented
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