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    Morristown, TN Multifamily Properties for Sale

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    White Pine, TN Newport, TN Bybee, TN
    7 results
    Updated Duplex Investment Opportunity
    $319,000
    0.44 Acres

    Updated Duplex Investment Opportunity

    114 Sequoyah Drive, Morristown, TN 37813

    Well-maintained duplex with updates, income potential, and convenient location.

    • Immediate income potential with one unit currently rented.
    • Major updates include a new roof (2023) and a new HVAC system in Unit 116.
    • Both units feature new flooring, updated kitchen cabinetry with countertops, modern fixtures, and updated lighting.
    • Convenient location just off Davy Crockett Parkway (Hwy 25E) with quick access to shopping, dining, and Interstate 81.
    • Each unit has a newly constructed rear deck.
    Updated: Apr 8
    View details
    Morristown Duplex with Income Potential
    $255,000
    0.87 Acres

    Morristown Duplex with Income Potential

    1987 Joe Stephens Road, Morristown, TN 37814

    Income-producing duplex in Morristown, TN with conversion potential.

    • Potential for rental income: Currently generating $1,950 per month.
    • Convertible property: Use as a multi‑family duplex or single‑family home with a mother‑in‑law suite.
    • Convenient location: Minutes from downtown Morristown.
    • Features a fenced backyard and a patio.
    • Includes essential appliances: Dryer, dishwasher, electric oven, electric range, refrigerator, and washer.
    Updated: Sep 10, 2025
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    Morristown Turnkey Investment Opportunity
    $324,900
    0.40 Acres

    Morristown Turnkey Investment Opportunity

    Turnkey duplex in Morristown with recent updates and reliable income.

    262 & 266 Bradford Drive, Morristown, TN 37814
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    Multifamily Investment Opportunity in Morristown
    $795,000
    4,500 SF

    Multifamily Investment Opportunity in Morristown

    Five-unit multifamily property with recent capital improvements and diverse unit mix.

    106 King Ave, Morristown, TN 37814
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    Income-Producing Duplex Near Downtown
    $272,000
    0.30 Acres

    Income-Producing Duplex Near Downtown

    Duplex in Morristown, TN, generating $1,875 monthly income.

    1542-1544 Shields Ferry Road, Morristown, TN 37814
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    Morristown Duplex Investment Opportunity
    $272,000
    0.30 Acres

    Morristown Duplex Investment Opportunity

    Fully occupied duplex generating income in Morristown, Tennessee.

    1562-1564 Shields Ferry Road, Morristown, TN 37814
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    Morristown Multifamily Investment Opportunity
    $725,000
    4,983 SF

    Morristown Multifamily Investment Opportunity

    Nine-unit apartment building with Housing Assistance Payments contract in place.

    825 Donna Street, Morristown, TN 37814
    View details
    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Morristown, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 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.

    Jefferson City Four-Plex Investment Opportunity
    $999,000
    4,722 SF

    Jefferson City Four-Plex Investment Opportunity

    Almost-new four-plex near Carson-Newman University with strong rental income potential.

    1532 Meadow Spring Drive, Jefferson City, TN 37760
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    Jefferson City Triplex Near University
    $315,000
    2,480 SF

    Jefferson City Triplex Near University

    Two-story triplex near Carson-Newman University, Jefferson City, Tennessee.

    510 E Old Andrew Johnson Highway, Jefferson City, TN 37760
    View details
    Whitesburg Multi-Family Investment Opportunity
    $165,000
    0.25 Acres

    Whitesburg Multi-Family Investment Opportunity

    Four-unit property with rental upside in Whitesburg, Tennessee.

    6563 E Andrew Johnson Hwy, Whitesburg, TN 37891
    View details
    Whitesburg Multi-Family Investment Opportunity
    $165,000
    0.25 Acres

    Whitesburg Multi-Family Investment Opportunity

    Four-unit property with rental upside in Whitesburg, Tennessee.

    6563 E Andrew Johnson Highway, Whitesburg, TN 37891
    View details

    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.

    Morristown Land For Sale
    $125,900
    6.07 Acres

    Morristown Land For Sale

    6.07 acre lot zoned R-2 near amenities.

    Devault Street, Morristown, TN 37814
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    Land Near Cherokee Lake
    $105,000
    2.14 Acres

    Land Near Cherokee Lake

    Residential land with utilities near Cherokee Lake in Bean Station.

    221 Hurst Hollow Road, Bean Station, TN 37708
    View details
    Tennessee Mountain Retreat Land
    $99,900
    414,255 SF

    Tennessee Mountain Retreat Land

    9.51 acres with camper, utilities, and mountain views.

    409 Dean Road, Unit 14, Mooresburg, TN 37811
    View details
    Residential Land in Rutledge, TN
    $55,000
    1.71 Acres

    Residential Land in Rutledge, TN

    1.71 acre residential land parcel with owner financing.

    04 Rocky Branch, Rutledge, TN 37861
    View details

    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)
    8,995 SF Lot: 0.75 Acres
    Estimated value
    $1,000,000

    106 Hamilton Ave, Morristown, TN 37814-4624

    View details
    200 Barkley Lndg Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    10,690 SF Lot: 9.15 Acres
    Estimated value
    $7,755,000

    200 Barkley Lndg Dr, Morristown, TN 37813-6305

    View details
    432 Barkley Lndg Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    11,706 SF Lot: 12.54 Acres
    Estimated value
    $7,780,000

    432 Barkley Lndg Dr, Morristown, TN 37813-5297

    View details
    1440 Cherokee Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,520 SF Lot: 0.33 Acres
    Value Estimation by Request

    1440 Cherokee Dr, Morristown, TN 37814-3502

    View details
    350 New Line Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 10.34 Acres
    Value Estimation by Request

    350 New Line Rd, Morristown, TN 37813-2840

    View details
    432 Liberty Hl Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    6,090 SF Lot: 1.82 Acres
    Value Estimation by Request

    432 Liberty Hl Rd, Morristown, TN 37814-4947

    View details
    1397 Dandelion Cir
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,074 SF Lot: 0.36 Acres
    Value Estimation by Request

    1397 Dandelion Cir, Morristown, TN 37814-1705

    View details
    113 3rd N St
    APARTMENT HOUSE (UNDER 5 UNITS)
    7,144 SF Lot: 0.45 Acres
    Value Estimation by Request

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

    View details
    1393 Shannons Little Mtn Rd
    MOBILE HOME PARK, TRAILER PARK
    Lot: 0.70 Acres
    Value Estimation by Request

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

    View details
    106 King Ave
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,056 SF Lot: 0.39 Acres

    106 King Ave, Morristown, TN 37814-6668

    View details
    315 Algonquin Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    4,246 SF Lot: 1.26 Acres
    Value Estimation by Request

    315 Algonquin Dr, Morristown, TN 37813-4764

    View details
    552 Cumberland St
    APARTMENT HOUSE (UNDER 5 UNITS)
    2,866 SF Lot: 0.62 Acres
    Value Estimation by Request

    552 Cumberland St, Morristown, TN 37813-2307

    View details
    800 Church St
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,074 SF Lot: 0.35 Acres
    Value Estimation by Request

    800 Church St, Morristown, TN 37814-3563

    View details
    1616 Morningside Dr
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,180 SF Lot: 1.49 Acres
    Value Estimation by Request

    1616 Morningside Dr, Morristown, TN 37814-5451

    View details
    2100 New Cut Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    8,640 SF Lot: 0.73 Acres
    Value Estimation by Request

    2100 New Cut Rd, Morristown, TN 37814-4322

    View details
    514 Liberty Hl Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    3,815 SF Lot: 5.94 Acres
    Estimated value
    $2,310,000

    514 Liberty Hl Rd, Morristown, TN 37813-5763

    View details
    868 Panther Crk Rd
    APARTMENT HOUSE (UNDER 5 UNITS)
    5,760 SF Lot: 1.15 Acres
    Value Estimation by Request

    868 Panther Crk Rd, Morristown, TN 37814-1247

    View details

    Morristown, TN Multifamily Properties Investment Opportunities Market Analysis

    Explore 72 multifamily properties for sale in Morristown, TN, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 9,483 square feet of properties for sale, with an estimated market value of $1,520,000.

    Sale prices for multifamily properties in Morristown, TN start at $725,000, averaging $760,000, and reaching up to $795,000 — 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

    Duplexes 5
    Apartment buildings 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    37813 $319K
    37814 $440.7K

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