Two-Unit Duplex with Hardwood
For Sale
$219,900
Pending
309 W 7th North St, Morristown, TN 37814
Income-producing duplex with matching two-bedroom layouts, one bath per unit, original hardwood flooring, and fireplaces.
Property SizeContact for details
Days on Market10
Property Features for 309 W 7th North St
General Information
Standard status
Pending
Property subtype
Multi-Family
Units
Unit Mix
2 x 2BR/1BA
Multifamily Units
2
Additional Details
Cap Rate
7%
Amenities
hardwood floors
cozy fireplace
Building Details
Year Built
1965
Listing Agency:
RE/MAX Real Estate Ten Midtown
Listed By:
Steve Carpenter
(423) 307-7542
Source:
Greaterknoxvillehomeguide
Added: Sep 3
Changed: Sep 11
Last Checked: Sep 11 at 10:48AM
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 RE/MAX Real Estate Ten Midtown
Investment Insights
Based on property information with market context.
This 1965 duplex contains two residential units, each arranged with two bedrooms and one bathroom. Hardwood floors and a fireplace in each unit add period character to the interiors. The property is currently producing a 7 CAP, with the source information identifying additional upside through improvements and rent optimization.
The duplex is located at 309 W 7th North St in Morristown, near the hospital, downtown Morristown, mall shopping, and other amenities. Its two-unit configuration provides a straightforward multifamily layout for an income-producing property.
The duplex is located at 309 W 7th North St in Morristown, near the hospital, downtown Morristown, mall shopping, and other amenities. Its two-unit configuration provides a straightforward multifamily layout for an income-producing property.
Key Highlights
- Two‑unit duplex with 2 bedrooms and 1 bath in each unit
- Built in 1965
- Hardwood floors and fireplaces in both units
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,159
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?
Duplex - Income-producing duplex with matching two-bedroom layouts, one bath per unit, original hardwood flooring, and fireplaces.
Where is this duplex located?
The property is located at 309 W 7th North St Morristown, TN.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Two‑unit duplex with 2 bedrooms and 1 bath in each unit; Built in 1965; Hardwood floors and fireplaces in both units
