3304 W Andrew Johnson Highway, Morristown, TN 37814

Building Details

Year built

2000

Floors in Building

1

Listing agent Adren Greene License #6281 Show Phone

Listing office The Realty House, Inc 6057 W Andrew Johnson Hwy Suite 2, MORRISTOWN, TN Show Phone

Listing date Jun 23, 2026

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MLS# 711972

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.

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Overview

This multifamily property currently includes 12 apartment rentals, all reported as occupied with no vacancies at the time of listing. The seller will subdivide the property, and the site includes out parcels, providing flexibility for future configuration. All city utilities are stated to be on the property, supporting continued residential use and potential redevelopment.

Located at 3304 W Andrew Johnson Highway in Morristown, Tennessee, the property sits on approximately 4.5 acres. The combination of existing apartments, out parcels, and available utilities may appeal to buyers evaluating both near-term income and phased site planning.

For investors or operators looking for a turnkey residential income component, the presence of 12 leased units offers an immediate operating base. For buyers pursuing mixed-use or commercial development, the seller notes possible uses including restaurant and medical retail, among other options, aligned with the planned subdivision and out-parcel layout.

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

• Map
• Local Demand

City

Morristown

County

Hamblen

State

Tennessee

Longitude

-83.339482

Latitude

36.201043

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FAQs

What type of property is this?

Apartment building - 12 currently leased apartment units on city utilities, with seller plans to subdivide for additional development options.

Where is this apartment building located?

The property is located at 3304 W Andrew Johnson Highway Morristown, TN.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: Currently operated as 12 apartment rentals with no vacancies; Seller will subdivide the property; All city utilities are on the property