Residential Income

Morristown, TN Residential Income Properties for Sale

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Side-by-Side Duplex with Garages
Updated: Sep 3
Side-by-Side Duplex with Garages

711 Panther Creek Court, Morristown, TN 37814

$519,000
2,074 sqft 0.33 AC lot
Two townhouse‑style units totaling approximately 2,074 square feet
Each unit has 2 bedrooms, 2 full bathrooms, and a private 1‑car attached garage
Both units occupied by established tenants, including a recently executed 2‑year lease
Tenants pay electricity, water, sewer, and trash; units are separately metered
0.33 acres with a fenced backyard and a roof approximately 2 years old
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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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Side-by-Side Duplex with Garages
Side-by-Side Duplex with Garages

711 Panther Creek Ct, Morristown, TN 37814

$519,000
2,074 sqft

Occupied townhouse-style units offer private garages, fenced outdoor space, and separately metered utilities in West Morristown.

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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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Brick Duplex with Drive-In Basement
Brick Duplex with Drive-In Basement

1570 Elgin Drive, Morristown, TN 37814

$329,900
0.50 AC lot

Two-unit ranch property with central HVAC, separate meters, and basement storage.

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Duplex with Fenced Backyard
Duplex with Fenced Backyard

1987 Joe Stephens Road, Morristown, TN 37814

$218,000
0.87 AC lot

Two-unit residential property with shared utility meters, rear patio, and public water service.

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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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Brick Duplex with Drive-In Basement
Brick Duplex with Drive-In Basement

1570 Elgin Dr, Morristown, TN 37814

$329,900
1,860 sqft

Two-unit brick property with central heating and cooling, a metal roof, and basement storage access.

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17-Unit Apartment Building
17-Unit Apartment Building

2215 Buffalo Trail, Morristown, TN 37814

$1,200,000

Multifamily community with one- and two-bedroom layouts, individual utility metering, and established 1935 construction.

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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 13 Active listings in Morristown, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 59 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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Commercial Sale
Commercial Sale

8668 Lakeshore Dr, Rutledge, TN 37861

$699,000
1,248 sqft

Multifamily properties · 1,248 SF

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Commercial Sale, Rutledge, TN
Commercial Sale, Rutledge, TN

8668 Lakeshore Drive, Rutledge, TN 37861

$699,000
1,248 sqft 33.04 AC lot

Multifamily properties · 1,248 SF

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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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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.

Residential Land in Morristown, TN
Residential Land in Morristown, TN

McFarland Street, Morristown, TN 37814

$225,000
3.71 AC lot

3.71 acres of residential land, city utilities available.

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Waterfront Lot in Gated Community
Waterfront Lot in Gated Community

Inlet Cove lot: 289, Morristown, TN 37814

$48,000
0.60 AC lot

Beautiful 0.6-acre lot with lake and mountain views.

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Residential Lot in Gated Community
Residential Lot in Gated Community

Inlet Cove lot: 289, Morristown, TN 37814

$48,000
0.60 AC lot

Lot in Windswept on Cherokee Lake Subdivision with amenities.

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Residential Lot in Lochmere
Residential Lot in Lochmere

Lochmere Greene Drive lot: 35, Morristown, TN 37814

$35,000
0.15 AC lot

Corner lot with Lochmere amenities in Morristown, Tennessee.

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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
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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
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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
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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

Morristown, TN Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Morristown, TN, showcased through 13 active listings on our real estate platform. These investment opportunities span a total of 7,994 square feet of properties for sale, with an estimated market value of $7,670,400.

Sale prices for residential income properties in Morristown, TN start at $199,900, averaging $639,200, 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

Multifamily properties 13
Duplexes 9
Apartment buildings 3
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 $495K
37814 $1M

Listings Trend

New vs delisted commercial listings in Hamblen County

New Delisted

Total CRE Inventory on Market (SF)

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