Side-by-Side Duplex With
For Sale
Contact for pricing
Pending
1020 E Main St, Morristown, TN 37814
Two side-by-side units each feature main-level living, kitchen/dining, and separate utilities with leased occupancy.
Property SizeContact for details
Days on Market147
Property Features for 1020 E Main St
General Information
Standard status
Pending
Property subtype
Multifamily
Additional Details
Business Included
Yes
Multifamily Units
2
Listing Agency:
United Real Estate Solutions Knoxville
Listed By:
Shawn Wilmoth · License #354366
(865) 205-9353
Source:
Crexi
Added: Apr 11
Changed: Aug 26
Last Checked: Sep 2 at 10:34AM
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.
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
Property Profile
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
481
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
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Frequently Asked Questions
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
