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2215 Buffalo Tr, 
Morristown, TN 37814

$1,200,000

—

Bed

—

Bath

9,503

Sq Ft

Multi-Family

Active

Listed by

Solange Velas

, 

Sakaylea Sanders

Goldman Partners Realty, LLC.

865-444-3240

Last updated:

November 4, 2026, 05:53 PM

MLS#

1360218

Source:

TN KAAR

About This Home

2215 Buffalo Tr

VALUE ADD OPPORTUNITY - 17 UNITS - 8.3 CAP RATE - $1.2 MILLION - MORRISTOWN TN Buffalo Trail Apts are well located on a 2 acre corner lot offering plenty of on-site parking and great road signage with a traffic count of nearly 10,000 cars per day. Additionally, all units are separately metered for water and electric with tenants paying all charges. Buffalo Trail is conveniently located just steps from Walmart, local shops, popular restaurants, Cherokee Lake, US-11E, and I-81. Current ownership has invested over $60,000 in capital improvements over the past 36 months, with additional upside available through interior upgrades, enhanced amenities, and increased rents. With a manageable 17-unit size, established local demand, and opportunities to improve rents, Buffalo Trail Apartments presents an attractive value-add investment in East Tennessee. All showings by appointment only.

Home Facts

Multi-Family

Built in 1935

Price Summary

1,200,000

$126 per Sq. Ft.

MLS #:

1360218

Last Updated:

November 4, 2026, 05:53 PM

Added:

9 day(s) ago

Rooms & Interior

Interior

Living Area:

9,503 Sq. Ft.

Structure

Structure

Building Area:

9,503 Sq. Ft.

Year Built:

1935

Lot

Lot Size (Sq. Ft):

84,942

Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$126 per Sq. Ft.

Source:TN KAAR
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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.