1987 Joe Stephens Road Morristown, TN ^$ 268,000

1987 Joe Stephens Road

^$ 268,000

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1987 Joe Stephens Road

Morristown, TN, 37814

^$ 268,000

Bedrooms3 Baths2.0 Sq 1,736

Monthly Estimate*

^$ 1,650

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Multi-Family Home for sale in Morristown, TN

for $268,000 with 3 bedrooms and 2 full baths. This 1,736 square foot home was built in 1952 on a lot size of 0.87.

This home is situated only minutes from downtown Morristown, but offers the peace and quiet that comes with living away from the city. Furthermore, this home is currently split into two apartments and can be left as a multi-family duplex, or could even be turned into a single-family residential home with a mother-in-law suite! Finally, this property comes with a fenced in area in the backyard, and a patio behind the home. Currently, the total monthly income for both apartments combined is $1,950. Please contact Listing Agent when requesting to show this property.

Multi-Family Active

Price

^$ 268,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 503

Style

Duplex

Lot Size

0.87

Year Built

1952

Town/City

Morristown

County/Region

Hamblen

MLS | Web ID

708974

Features

General

Sewer Septic Tank

Heating Central Varies by Unit

Cooling Central Air Wall Unit(s) Ceiling Fan(s)

Utilities Electricity Connected Water Connected

Possession Close Of Escrow

Roof Shingle

Appliances Dryer Washer Refrigerator Electric Range Electric Oven Dishwasher

Electric Circuit Breakers

County Hamblen

Levels One

Property Type B

Tax Year 2024

Occupant Type Tenant

Status Active

Auction Y/N No

Acres 0.8700

Construction Materials Vinyl Siding

Sub Type Duplex

Year Built 1952

Directions Traveling East on 11E stay on the highway until you get to the red light in front of Ingles that allows you to turn on to Kidwell Ridge Rd. Take a left at the light and travel down the road until yo

City Morristown

High School West

Elementary School Manley

Middle/Junior School Westview

Structure Type Duplex

Street Name Joe Stephens Road

Public Remarks This home is situated only minutes from downtown Morristown but offers the peace and quiet that comes with living away from the city. Furthermore this home is currently split into two apartments and

Exterior

Exterior Features Balcony Rain Gutters

Fencing Back Yard

Inclusions Kitchen Appliances: Refrigerator and stove Other: Washer and dryer

Water Source Public

Foundation Slab

Interior

Flooring Combination Wood Luxury Vinyl

Total Units 2

Common Walls 1 Common Wall

* Excluded Features

List By

The Cate Group, Realty & Property Management Llc

Broker

trey@thecategroup.com

Affordability Calculator

$1,692

Per Month

Monthly Principal & Interest: $1,650
Monthly Property Taxes: $42
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in Morristown, TN

Average List Price ^$362,563

Percent of Sale Price 35%

About Morristown, TN

31,395 Population

11% Since 2002

^$32,989 Median Income

38 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

2484296 Elementary School

0 Middle School

West High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/31/2025	$268,000	-2.55%	Price Down
9/12/2025	$275,000		Listed Price

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1987 Joe Stephens Road, Morristown, TN, 37814 is a Multi-Family Home for sale at $268,000 with 1,736 sqft and a lot size of 0.87. 1987 Joe Stephens Road has 3 bedrooms, 2.0 baths, and was built in 1952. The property's zip code is 37814 which is in Morristown, TN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Lakeway Association of Realtors.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Lakeway Association of Realtors. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/12/2026.

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1987 Joe Stephens Road

Multi-Family Home for sale in Morristown, TN

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