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Listed price in listed location currency (USD).
$272,000

440

MLS® 708972

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 1800 sqft
Garage No
Taxes $1,374
Days Active 250
Lot Size 0.3 acres
Approx. Age 1995
Avg. Price Per Sqft $151
MLS® Number 708972

Property Address: 1544-1542-1544 Shields Ferry Rd, Morristown, TN, 37814-2946

Average square foot calculated using Size range provided by listing agent.

Description

Generating a strong combined monthly rental income of $1, 875, this income-producing duplex offers immediate cash flow from day one. Both units are currently occupied, providing stable tenancy, and each apartment is separately metered for water and electricity, supporting efficient management and reduced operating complexity. One of these units is newly renovated, further adding to overall value and tenant appeal. Located just minutes from downtown, the property presents an opportunity for investors seeking dependable income and long-term upside. The neighboring duplex at 1562-1564 Shields Ferry Road is also available for purchase, creating the potential to acquire multiple side-by-side rental properties in a desirable location. With current rental income, recent improvements, and high potential, this property is well-suited for investors looking to expand or strengthen their portfolio in the Morristown market. Please contact the listing agent to schedule all showings.
MLS® Number708972
Laundry LevelLaundry Closet, Electric Dryer Hookup, Washer Hookup
Central VacNo
FireplaceNo
Acreage0.3
Exterior
GarageNo
Approx. Age1995
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Kitchen Appliances: Refrigerator, stove, dishwasher

Price History

-End Date
Not Sold YetSold Price

For Sale

Sep 10, 2025List Date
$272,000List Price
  • Commute

Commute

Starting Address
Destination Address
1542-1544 Shields Ferry Rd, Morristown, TN

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