Multifamily

Morristown, TN Multifamily Properties for Sale

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11 properties
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Brick Quadplex with Metal Roof
Updated: Sep 20
Brick Quadplex with Metal Roof

1617 Jefferson St, Morristown, TN 37814

$435,000
2,656 sqft 0.52 AC lot
Four‑unit property with two 2‑bedroom, 1‑bath units and two 1‑bedroom, 1‑bath units
2,656 square feet on 0.52 acres
3 of 4 units currently leased
Metal roof approximately 3 years old
Brick construction dating to 1968
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Renovated Duplex with Separate Entrances
Updated: Sep 8
Renovated Duplex with Separate Entrances

2860 Blue Ridge Drive, Morristown, TN 37814

$319,900
0.37 AC lot
Two separate 2‑bedroom, 1‑bath units
0.37‑acre lot in Morristown, TN
Private entrance and separate driveway for each unit
Updated kitchens, bathrooms, flooring, windows, and paint
New siding, gutters, decks, and heating and cooling systems
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12-Unit Apartment Property
12-Unit Apartment Property

3304 W Andrew Johnson Highway, Morristown, TN 37814

$3,000,000
4.50 AC lot

Fully occupied apartments with city utilities serving a multi-acre property and additional out parcels.

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Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
Renovated Duplex with Private Entrances
Renovated Duplex with Private Entrances

2860 Blue Ridge Dr, Morristown, TN 37814

$319,900
1,986 sqft 0.37 AC lot

Two updated residential units offer separate access, driveways, and refreshed interiors for rental use.

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Mobile Home Park With 11 Lots
Mobile Home Park With 11 Lots

1418 Mae Collins Road, Morristown, TN 37813

$495,000
1.70 AC lot

A-1-zoned property with mobile homes, vacant pads, and electric and septic hookups.

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Residential Income
Residential Income

3473 Windsor Rd, Morristown, TN 37813

$449,900
2,894 sqft

Duplexes · 2,894 SF

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Single-Level Duplex
Single-Level Duplex

2309 Clancy Ave, Morristown, TN 37814

$229,900
1,647 sqft

Two side-by-side rental units offer practical single-level layouts near shopping, dining, and everyday services.

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4-Unit Quadplex
4-Unit Quadplex

1617 Jefferson St, Morristown, TN 37814

$435,000

The property includes a range and refrigerator.

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Multifamily Development Site
Multifamily Development Site

3304 W Andrew Johnson Hwy, Morristown, TN 37814

Contact for pricing
4.50 AC lot

Multifamily property with roughly four usable acres, two access points, and a proposed signalized commercial entrance.

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Two-Unit Duplex with Hardwood Floors
Two-Unit Duplex with Hardwood Floors

309 W 7th North St, Morristown, TN 37814

$219,900

Income-producing duplex with matching two-bedroom layouts, one bath per unit, original hardwood flooring, and fireplaces.

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Updated Duplex with Leased Units
Updated Duplex with Leased Units

1002/1004 E Main St, Morristown, TN 37814

$199,900

Two leased units offer distinct layouts and individual laundry hookups.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Morristown, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Lakefront Duplex with Separate Quarters
Lakefront Duplex with Separate Quarters

122 Circle Drive, Bean Station, TN 37708

$550,000
3,000 sqft 0.50 AC lot

Two-level configuration supports distinct living arrangements with an existing month-to-month rental component.

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Income Producing Storage and Apartments
Income Producing Storage and Apartments

175 Lakeshore Drive, Bean Station, TN 37708

$1,200,000
1.60 AC lot

Property includes 45 storage units, six apartments, and additional dwelling and RV space near Cherokee Lake.

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Four-Unit Quadplex
Four-Unit Quadplex

6563 E Andrew Johnson Hwy, Whitesburg, TN 37891

$150,000
2,964 sqft

Multifamily property with a flexible unit mix and paved parking in Whitesburg, Tennessee.

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Four-Unit Frame Quadplex
Four-Unit Frame Quadplex

6563 E Andrew Johnson Hwy, Whitesburg, TN 37891

$150,000
0.25 AC lot

Four residential units include three one-bedroom layouts and one two-bedroom layout with off-street parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Unrestricted Recreation Land with Utilities
Unrestricted Recreation Land with Utilities

1020 Rhodes Rd, Bybee, TN 37713

$145,000
5.39 AC lot

Unrestricted 5.39-acre parcel with well, septic, power, storage building, and flat areas for flexible recreational use.

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Unrestricted Land Near Douglas Lake
Unrestricted Land Near Douglas Lake

Mayflower Lane lot: 43,44, Dandridge, TN 37725

Contact for pricing
0.29 AC lot

Unrestricted land near Douglas Lake, ideal for recreation or residence.

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Unrestricted Land Near Douglas Lake
Unrestricted Land Near Douglas Lake

Mayflower Lane lot: 43A, Dandridge, TN 37725

Contact for pricing
0.29 AC lot

Unrestricted land near Douglas Lake, ideal for recreation or residence.

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Cleared Riverside Agricultural Land
Cleared Riverside Agricultural Land

565 Highway 160, Newport, TN 37821

$699,000
12.19 AC lot

Cleared acreage with over 540 feet of French Broad River frontage in A-1 agricultural-forestry zoning.

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Off-Market Properties in Morristown, TN

Consider similar Off-Market properties in Morristown, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

106 Hamilton Ave
APARTMENT HOUSE (UNDER 5 UNITS)

106 Hamilton Ave, Morristown, TN 37814-4624

Estimated value:
$1,000,000
8,995 sqft 0.75 AC lot
View details
200 Barkley Lndg Dr
APARTMENT HOUSE (UNDER 5 UNITS)

200 Barkley Lndg Dr, Morristown, TN 37813-6305

Estimated value:
$7,705,000
10,690 sqft 9.15 AC lot
View details
432 Barkley Lndg Dr
APARTMENT HOUSE (UNDER 5 UNITS)

432 Barkley Lndg Dr, Morristown, TN 37813-5297

Estimated value:
$7,705,000
11,706 sqft 12.54 AC lot
View details
1440 Cherokee Dr
APARTMENT HOUSE (UNDER 5 UNITS)

1440 Cherokee Dr, Morristown, TN 37814-3502

Estimated value:
$70,000
3,520 sqft 0.33 AC lot
View details
350 New Line Rd
MOBILE HOME PARK, TRAILER PARK

350 New Line Rd, Morristown, TN 37813-2840

Estimated value:
$270,000
10.34 AC lot
View details
432 Liberty Hl Rd
APARTMENT HOUSE (UNDER 5 UNITS)

432 Liberty Hl Rd, Morristown, TN 37814-4947

Estimated value:
$335,000
6,090 sqft 1.82 AC lot
View details
1397 Dandelion Cir
APARTMENT HOUSE (UNDER 5 UNITS)

1397 Dandelion Cir, Morristown, TN 37814-1705

Estimated value:
$90,000
3,074 sqft 0.36 AC lot
View details
113 3rd N St
APARTMENT HOUSE (UNDER 5 UNITS)

113 3rd N St, Morristown, TN 37814-4570

Estimated value:
$295,000
7,144 sqft 0.45 AC lot
View details
1393 Shannons Little Mtn Rd
MOBILE HOME PARK, TRAILER PARK

1393 Shannons Little Mtn Rd, Morristown, TN 37814-7601

Estimated value:
$190,000
0.70 AC lot
View details
106 King Ave
APARTMENT HOUSE (UNDER 5 UNITS)

106 King Ave, Morristown, TN 37814-6668

Estimated value:
$215,000
3,056 sqft 0.39 AC lot
View details
315 Algonquin Dr
APARTMENT HOUSE (UNDER 5 UNITS)

315 Algonquin Dr, Morristown, TN 37813-4764

Estimated value:
$340,000
4,246 sqft 1.26 AC lot
View details
552 Cumberland St
APARTMENT HOUSE (UNDER 5 UNITS)

552 Cumberland St, Morristown, TN 37813-2307

Estimated value:
$150,000
2,866 sqft 0.62 AC lot
View details
800 Church St
APARTMENT HOUSE (UNDER 5 UNITS)

800 Church St, Morristown, TN 37814-3563

Estimated value:
$100,000
3,074 sqft 0.35 AC lot
View details

Morristown, TN Multifamily Properties Market Trends and Statistics

Explore 72 multifamily properties for sale in Morristown, TN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 9,183 square feet of properties for sale, with an estimated market value of $6,104,400.

Sale prices for multifamily properties in Morristown, TN start at $199,900, averaging $610,440, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 6
Apartment buildings 2
Quadplexes 2
Mobile home & RV parks 1

Demographics Overview

Population 52K
Population Growth (5Y) +0.7%
Median Household Income $49,981
College Educated 13.0%

High-Yield Neighborhoods for Investment

Identify Morristown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
37813 $477.5K
37814 $583.2K

Listings Trend

New vs delisted commercial listings in Hamblen County

New Delisted

Total CRE Inventory on Market (SF)

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