926 E Main St, Morristown, TN 37814

Local realty services provided by:Better Homes and Gardens Real Estate Gwin Realty
926 E Main St,Morristown, TN 37814
$249,900
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by:heather walker
Office:remax real estate ten
MLS#:1316330
Source:TN_KAAR

Price summary

  • Price:$249,900

About this home

Turn-Key Triplex in the Heart of Morristown—Fully Leased & Cash-Flowing Expand your portfolio with this income-producing triplex offering three rentable spaces: two side-by-side main-level units plus a basement efficiency—each occupied on annual leases. Current figures show approx. $29,400 gross annual income, $24,965 estimated net income, and an approx. 10% cap rate based on present leases and expenses. Recent improvements include a newly renovated bathroom in Unit B and an improved crawl space for peace of mind. Tenants enjoy 1-2 off-street parking spaces per unit and a convenient location close to shopping, dining, and major thoroughfares. If you're seeking steady cash flow in a prime Morristown setting, this property checks the boxes!

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Home facts

  • Year built:1900
  • Listing ID #:1316330
  • Added:188 day(s) ago
  • Updated:September 27, 2025 at 04:08 PM

Heating and cooling

  • Cooling:Central Cooling
  • Heating:Electric, Heat Pump

Structure and exterior

  • Year built:1900

Schools

  • High school:Morristown East
  • Middle school:Meadowview
  • Elementary school:Hillcrest

Finances and disclosures

  • Price:$249,900