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Side-by-Side Duplex With Income

1020 E Main St Morristown, TN 37814

1020 E Main St, Morristown, TN, 37814
Contact for pricing
For Sale
Contact for pricing
Pending

Two side-by-side units each feature main-level living, kitchen/dining, and separate utilities with leased occupancy.

Days on Market102

Property Features for 1020 E Main St

General Information

Standard status
Pending
Property subtype
Multifamily
Listing agency United Real Estate Solutions Knoxville
Listed by Shawn Wilmoth · License #354366
Source Crexi
Added: Apr 11 Updated: Jul 20 at 6:01PM Checked: Jul 20 at 6:01PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of United Real Estate Solutions Knoxville


Investment Insights

Based on property information with market context.

This side-by-side duplex offers two units, each with a bedroom, bath, living room, and kitchen/dining area all on the main level. The property includes a shared front porch and entry hall, along with individual side porches and entrances for each unit. Recent improvements include new flooring in both kitchens, fresh paint on the porches, and new ceiling fans and lighting. Unit 2 also has a new refrigerator. Both units are equipped with new window unit air conditioners and wall-mounted gas heaters, with additional insulation added this year and some exterior and interior updates.

The duplex uses separate gas and electric meters and a master water meter. Leases are in place through spring 2023, and the property is described as having an excellent rental history. Fireplaces are not functional.

Operationally, each unit has its own heating and cooling equipment installed, supporting straightforward, unit-by-unit utility management under the separate metering configuration.

Key Highlights

  • Side‑by‑side duplex with 2 units; each has main‑level bedroom, bath, living room, and kitchen/dining area
  • Leases are in place through spring 2023 and the property reports $13,200 annual income
  • Separate gas and electric meters plus a master water meter for the two units

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Building Supply Parking Lot & Garage Skin Care Clinic HVAC Service Big Box & Wholesale Store Electrical Service Restaurant Kitchen & Bath Showroom Furniture & Home Goods

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

FAQs

What type of property is this?
Duplex - Two side-by-side units each feature main-level living, kitchen/dining, and separate utilities with leased occupancy.
Where is this duplex located?
The property is located at 1020 E Main St Morristown, TN.
What are key features of this property?
This property features: Side‑by‑side duplex with 2 units; each has main‑level bedroom, bath, living room, and kitchen/dining area; Leases are in place through spring 2023 and the property reports $13,200 annual income; Separate gas and electric meters plus a master water meter for the two units
Contact an agent
(865) 205-9353 Call to check price and availability
More about this property
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