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    Morristown Duplex Investment Opportunity Title is generated by Realmo AI

    1562-1564 Shields Ferry Road, Morristown, TN 37814

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    Pending
    $272,000

    MULTI_FAMILY - Morristown, TN

    Lot size:
    0.30 Acres
    Added:
    Sep 10, 2025
    Days on Market:
    277
    Last Refresh:
    Jun 13 at 12:06 pm

    Property Features for 1562-1564 Shields Ferry Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    4
    Rooms
    Bedroom 2, Bedroom 4, Bathroom 4, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
    Patio and Porch features
    Porch
    Exterior features
    Balcony, Rain Gutters
    Appliances
    Dishwasher, Electric Oven, Electric Range, Refrigerator
    Standard status
    Pending
    APN
    024M
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Year
    2024
    Tax Annual Amount
    1384

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air, Ceiling Fan(s)
    Water source
    Public

    Building Details

    Year built
    1995
    Floors in Building
    1
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Shingle

    We can help!

    Listing Contact
    Trey Cate

    Listing agent Trey Cate License #378622

    Listing office The Cate Group, Realty & Property Management LLC 303 Rocktown Road, Jefferson City, TN

    Listing date Sep 10, 2025

    MLS# 708973 Listing URL

    Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Fully occupied duplex with tenants in place and combined monthly rental income of $1,430
    • Separate electric and water meters for each apartment
    • Built in 1995 with central heating and central air conditioning
    • Units include modern kitchen appliances: dishwasher, electric oven, electric range, and refrigerator
    • Vinyl siding exterior with shingle roof and vinyl flooring
    • Covered porch and balcony; rain gutters included

    Overview

    This duplex in Morristown, Tennessee is fully occupied with tenants. It generates a combined monthly rental income of $1,430. The property features individual electric and water meters for each apartment. It is situated on a lot with a size of 0.3 acres. The neighboring duplex at 1542-1544 Shields Ferry Road is also available for purchase, presenting a unique opportunity for investors looking to acquire multiple income-producing properties in the same area. This property offers strong potential for consistent income and long-term appreciation in a growing market.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy Big Box & Wholesale Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Morristown
    County
    Hamblen
    State
    Tennessee
    Longitude
    -83.295636
    Latitude
    36.232084

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    FAQs

    What type of property is this?
    Duplex - Fully occupied duplex generating income in Morristown, Tennessee.
    Where is this duplex located?
    The property is located at 1562-1564 Shields Ferry Road Morristown, TN.
    What is the asking price?
    The asking price for this property is $272,000.
    What are key features of this property?
    This property features: Fully occupied duplex with tenants in place and combined monthly rental income of $1,430; Separate electric and water meters for each apartment; Built in 1995 with central heating and central air conditioning
    (865) 310-8786
    We can help!
    Listing Contact
    Trey Cate
    Real Estate License ID: 378622
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