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106 King Ave Morristown, TN 37814

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For Sale
$795,000

Five-unit multifamily property with recent capital improvements and diverse unit mix.

Type:Multifamily
Property size:
4,500 SF
Added:
Feb 24, 2026
Days on Market:
36
Last Refresh:
Mar 17 at 1:17 pm

Property Features for 106 King Ave

General Information

Standard status
Active
Size
4,500 SF
Property subtype
Multifamily

Building Details

Year Built
1974

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Listing Contact
Cohl Morgan
Cohl Morgan

Listing agent Cohl Morgan License #351465

Listing office PWA Properties

Listing date Feb 24, 2026

Source Crexi

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 PWA Properties


Overview

Multifamily Investment Opportunity in Morristown

Located in Morristown, Tennessee, the property at 106 King Avenue presents a five-unit multifamily investment opportunity. The building contains a diverse unit mix, including two 2-bedroom, 1-bath units, two 1-bedroom, 1-bath units, and one 4-bedroom, 2-bath unit. The property has undergone over $150,000 in recent capital improvements, including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors. The building has a total size of 4,500 square feet. The property is centrally located in Morristown, providing convenient access to I-81 and various employers and retailers. The property supports a projected annual income of $75,600.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

  • Map
  • Local Demand
City
Morristown
County
Hamblen
State
Tennessee
Longitude
-83.279619
Latitude
36.220302

FAQs

What type of property is this?
Apartment building - Five-unit multifamily property with recent capital improvements and diverse unit mix.
Where is this apartment building located?
The property is located at 106 King Ave Morristown, TN.
What is the asking price?
The asking price for this property is $795,000.
What are key features of this property?
This property features: Substantial recent capital improvements (over $150,000) including **new roof, updated HVAC, electrical and plumbing upgrades, and new windows/doors.**; Projected annual income of $75,600.; Diverse unit mix (two 2/1s, two 1/1s, and one 4/2) appealing to a broad tenant base.
More about this property
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