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311 East 4th North Street, 
Morristown, TN 37814

$199,900


Bed


Bath


1,696

Sq Ft


Multi-Family

Active

Listed by

Heather Walker

Remax Real Estate Ten Of Morristown

423-581-8881

Last updated:

October 16, 2025, 04:10 PM

MLS#

9986151

Source:

TNVA MLS

About This Home

311 East 4th North Street

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!

Home Facts

Multi-Family

Built in 1949

Price Summary

199,900

$117 per Sq. Ft.

MLS #:

9986151

Last Updated:

October 16, 2025, 04:10 PM

Added:

25 day(s) ago


Structure

Structure

Architectural Style:

Duplex

Building Area:

1,696 Sq. Ft.

Year Built:

1949


Lot

Lot Size (Sq. Ft):

10,018


Finances & Disclosures

Finances

Price:

$199,900

Price per Sq. Ft:

$117 per Sq. Ft.

Source:TNVA MLS
The information being provided by Tennessee Virginia Regional Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Tennessee Virginia Regional Mls All rights reserved.

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.