Brick
For Sale
$450,000
1508-1514 Taft Street, Morristown, TN 37814
Income-producing residential property with four two-bedroom units and individual utility responsibility for tenants.
Property Size3,045 SF
Price / SF$147.78
Days on Market161
Property Features for 1508-1514 Taft Street
General Information
Standard status
Active
Size
3,045 SF
Property subtype
Multi-Family
Net Operating Income
$42,751
Taxes and HOA fees
Annual Taxes
$2,139
Amenities
Wall Cooling
Yes
Laminate, Vinyl
True
Zoned, Electric
Range, Refrigerator
Brick
Building Details
Year Built
1971
Listing Agency:
Goldman Partners Realty, LLC
(865) 444-3241
Listed By:
Solange Velas · License #263596
Source:
Compass
Added: Mar 23
Changed: Aug 29
Last Checked: Aug 29 at 8:28PM
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 Goldman Partners Realty, LLC
Investment Insights
Based on property information with market context.
This all-brick fourplex at 1508-1514 Taft Street contains four residential units within 3,045 square feet. Each unit offers a two-bedroom, one-bath layout with laminate or vinyl flooring, PTAC cooling systems, a stove, refrigerator, and washer and dryer connections. The property was built in 1971.
Tenants pay a flat fee for seller-provided Wi-Fi and are responsible for all utilities. Unit 1508 is vacant for in-person showings, while video tours are available for the other units. The property is located near Walmart, additional retail and dining, highways, and public services in Morristown.
Tenants pay a flat fee for seller-provided Wi-Fi and are responsible for all utilities. Unit 1508 is vacant for in-person showings, while video tours are available for the other units. The property is located near Walmart, additional retail and dining, highways, and public services in Morristown.
Key Highlights
- Four‑unit residential property totaling 3,045 square feet
- Each unit has a 2‑bedroom, 1‑bath layout
- All‑brick construction; built in 1971
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
76
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Income-producing residential property with four two-bedroom units and individual utility responsibility for tenants.
Where is this quadplex located?
The property is located at 1508-1514 Taft Street Morristown, TN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: Four‑unit residential property totaling 3,045 square feet; Each unit has a 2‑bedroom, 1‑bath layout; All‑brick construction; built in 1971
