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Brick Duplex with Drive-In Basement
New
For Sale
$329,900

1570 Elgin Drive, Morristown, TN 37814

Residential Income, Morristown, TN

Property SizeContact for details
Lot Size0.50 Acres
Days on Market2

Property Features for 1570 Elgin Drive

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Basement, Bathroom 2
Window features Double Pane Windows
Patio and Porch features Deck
Interior features Storage
Fireplace 1
Basement Concrete, Unfinished, Walk-Out Access
Appliances Dishwasher, Electric Range, Refrigerator
Lot features Cleared, Corner Lot
Directions 25E. left onto Morelock Rd, right onto Reeds Chapel, left on Elgin Drive, duplex is on the right.
Standard status Active
APN 025E B 00100 000
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1992

Utilities

Utilities Cable Available
Sewer type Septic Tank
Heating system Electric (Heating), Central
Cooling system Electric, Central Air, Separate Meters
Water source Public

Building Details

Year built 1997
Floors in Building 2
Number of units 2
Flooring type Vinyl, Linoleum
Building materials Brick
Roof type Asphalt
Architectural style Ranch
Additional Structures Storage
Listing Agency: Fox Trail Realty
Listed By: Andy Hall · License #287885
Added: Aug 28 Changed: Aug 29 Last Checked: Aug 29 at 7:06PM
MLS# 712774

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.

Investment Insights

Based on property information with market context.

Built in 1997, this brick ranch duplex offers two residential units with central heating and air conditioning supported by separate meters. The property includes a drive-in basement that adds substantial storage capacity, along with a deck, fireplace, vinyl and linoleum flooring, and a practical appliance package with dishwasher, electric range, and refrigerator. Public water and septic service support the property, which sits on 0.5 acres.

The duplex is located in Morristown near town and shopping. Additional features include electric heating and cooling, cable availability, and a layout containing four bedrooms, two bathrooms, and a basement. The combination of brick construction, central HVAC, separate metering, and basement utility provides a straightforward residential income configuration.

Key Highlights

  • Brick duplex built in 1997
  • Drive‑in basement with storage space
  • Central heating and air conditioning with separate meters

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Building Supply Restaurant Hair Salon Spa & Massage Center Pharmacy HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

40
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit ranch property with central HVAC, separate meters, and basement storage.
Where is this duplex located?
The property is located at 1570 Elgin Drive Morristown, TN.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: Brick duplex built in 1997; Drive‑in basement with storage space; Central heating and air conditioning with separate meters
More about this property
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