USATNMorristown311 E 4Th North St
311 E 4 Th North St, Home with 0 bedrooms, 0 bathrooms and null parking in Morristown TN | Image 1
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$199,900

311 E 4 Th North St, Morristown, TN

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 4
Lot Size 
Approx. Age 1949
MLS® Number 9986151

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

Investor Alert in Downtown Morristown! Seize the chance to own a fully leased, cash-flowing duplex in the heart of Morristown. With a gross annual income of $22, 800, low operating expenses, and a strong net income of $20, 700, this property currently delivers an impressive 10.4% cap rate. Both units are secured with leases in place through August & September 2026, providing stable, long-term income for the next owner. Tenants enjoy off-street parking and a central location just minutes from shopping, dining, medical facilities, and all that downtown Morristown has to offer. Whether you're searching for your first investment property or looking to expand your portfolio, this duplex offers an affordable entry point with reliable returns. Opportunities like this don't last!Show Description
MLS® Number9986151
Laundry LevelElectric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.23
Exterior
GarageNo
Approx. Age1949
BasementCrawl Space, Exterior Entry, Unfinished
DrivewayGravel
Garage Spaces
HeatElectric, Heat Pump
A/CHeat Pump
Heating Fuel

Extras

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