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$775,000
-- Bed
-- Bath
5,360sqft
1215 Shields Ferry Rd, Morristown, TN 37814
$775,000
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Multi Family
Built in 1976
$-- HOA
17,860 sqft lot
$145/sq.ft
Description
RARE EIGHT PLEX IN MORRISTOWN - FULLY RENTED - NEW ROOF - 7.2 CAP RATE!!!
This fully rented 8 unit complex offers a strong investment opportunity in a prime location, just minutes away from Walmart and other essential amenities that tenants desire. Built in 1976, the property has been well maintained and is ready for its next owner. This property has undergone recent updates including a new roof with 6 inch gutters, new windows, fresh appliances and unit flooring. Two units have ductless mini splits and the rest have PTAC systems and all units come with washer/dryer connections, stoves and refrigerators. Tenants pay a flat fee for Seller provided WiFi and water and addi...
- Houzeo last checked: 39 Minutes ago
- Listing updated: October 19, 2025 at 3:39 pm
- Listing Provided by: Solange Velas , Sakaylea Sanders | Goldman Partners Realty, LLC (865) 705-8675
- Source: East Tennessee REALTORS® MLS-TN | MLS#: 1317448
Property Details
Status
Pending
Type
Multi Family
No. of Stories
-
County
City
Neighborhood
--
Year Built
1976
HOA Fees
-
Finished Area
5,360 sqft
Lot Size
17,860 sqft lot
Basement Area
- sqft
MLS Name
East Tennessee REALTORS® MLS
MLS Number
1317448
MLS Status
Pending - Continue to Show - Inspection
Days on Market
64
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Houzeo Corp. holds real estate brokerage licenses in Alabama (License No. 000157023 - 0) and Texas (License No. 9013396)
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