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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 16,117 sqft
Price per Sqft $19
Subdivision Blue Ridge Hts
MLS Listing ID 712928
Style Ranch
Bedrooms 4
Full Baths 2
Year Built 1986
Annual Tax Amount $1,210
Lot Size 0.370 Acres
Acres 0.37
Lot Dimensions 0.37
Property Sub-Type Duplex
Source Lakeway Area Association of REALTORS®
Property Description
Excellent investment opportunity in West Hamblen County! This fully renovated duplex offers two separate 2-bedroom, 1-bath units situated on a 0.37-acre lot just off Central Church Road. One unit is currently available for rent, providing an opportunity for a new owner to establish rental income at current market rates.
Each unit has been extensively updated with new LVP flooring, kitchen cabinets, countertops, stainless steel appliances, updated bathrooms, new windows, and fresh interior and exterior paint. Exterior improvements include new siding, gutters, decks, and updated heating and cooling systems, along with an existing metal roof.
Designed with rental functionality in mind, each unit features its own private entrance and separate driveway, providing added privacy and convenience for tenants. The property offers comfortable outdoor space while remaining manageable for an investment property.
Based on anticipated market rents of approximately $1,000-$1,200 per unit, the property has the potential to generate approximately $2,000-$2,400 in gross monthly rental income when fully occupied, subject to market conditions and lease terms.
Whether you're adding to an existing rental portfolio or purchasing your first multifamily investment, this renovated Morristown duplex offers a strong combination of updated condition, rental potential, and low initial make-ready requirements.
Location
State TN
County Hamblen
Community Blue Ridge Hts
Direction Central Church Rd to right on Clearviw and then right on Blue Ridge Dr
Interior
Heating Electric
Cooling Wall Unit(s)
Fireplaces Type Metal
Fireplace No
Window Features Blinds,Vinyl Frames
Exterior
Utilities Available Cable Available, Electricity Connected, Water Connected
Roof Type Asphalt
Porch Deck, Porch
Building
Foundation Block
Water Public
Architectural Style Ranch
Structure Type Brick
Schools
High Schools West
Others
Senior Community No
Tax ID 032K A 01600 000
Nearby Locations
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