1320/103 N Henry Street Morristown, TN $ 1,175,000
1320/103 N Henry Street
$ 1,175,000
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1320/103 N Henry Street

Morristown, TN, 37814
$ 1,175,000
Bedrooms4 Baths4.0

Monthly Estimate*

$ 7,235

1320/103 N Henry Street, Morristown, TN 37814 - Image 1
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1320/103 N Henry Street, Morristown, TN 37814 - Image 3
1320/103 N Henry Street, Morristown, TN 37814 - Image 4
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1320/103 N Henry Street, Morristown, TN 37814 - Image 6
1320/103 N Henry Street, Morristown, TN 37814 - Image 7
1320/103 N Henry Street, Morristown, TN 37814 - Image 8

Single Family Home for sale in Morristown, TN

for $1,175,000 with 4 bedrooms and 4 full baths. This home was built in 1979 on a lot size of 0.45.

Take advantage of this stabilized, income-producing multifamily portfolio featuring two apartment buildings totaling 12 units, ideally positioned on two separate streets while still conveniently close to local amenities, shopping, dining, and everyday necessities. Each of the twelve units is a 1 bedroom, 1 bathroom layout and the property is 100% occupied. Two units have already been renovated, offering immediate upside and a clear value-add path for a new owner looking to continue strategic improvements over time. The current owner covers property taxes, insurance, pest control, and landscaping, helping maintain the asset and curb appeal, while tenants are responsible for all utilities, keeping operating expenses more efficient. With steady in-place cash flow and room to enhance returns through additional renovations and future rent growth, this is a strong opportunity for investors seeking a well-performing multifamily asset in a convenient location.

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Single Family Pending

Price

$ 1,175,000

Bedrooms

4

Full Bath

4

Property Type

Single Family

Taxes

$ 3,477

Style

Multi Family

Lot Size

0.45

Year Built

1979

Town/City

Morristown

County/Region

Hamblen

MLS | Web ID

710345

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Window Unit(s)
Utilities Electricity Connected Water Connected
Possession Close Of Escrow
Roof Asphalt Shingle
Appliances Electric Oven Microwave Refrigerator
Construction Materials Brick
Year Built 1979
Electric Circuit Breakers
Tenant Pays All Utilities Electricity Water
Levels One
Property Subtype Multi Family
Tax Year 2025
Parcel Number 033D E 00300 000
Accessibility Accessible Doors Accessible Entrance Accessible Kitchen Central Living Area Common Area Visitable
County Hamblen
Property Type Residential Income
HOA N
Contingency Active Contingent
Full Baths 4
Status Active Contingent
Directions Heading E on Andrew Johnson Hwy take a left onto Walters Dr. Follow it all the way to the end take a right and then take the 4th street on the right which is W Converse St. The apartments will be on
City Morristown
Senior Community Y/N N
Number Of Units Total 12
Lot Size Units Acres
Lot Size Square Feet 19602.0
Carport Y/N N
Number of Units Leased 2
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 3477.71
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Structure Type Multi Family
Lease Type Gross
Standard Status Pending
Occupancy Type Call Agent
New Construction None
Year Built Effective 1979
Water Body Access Y/N None
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Exterior
Exterior Amenities Rain Gutters
Lot Features City Lot
Water Source Public
Lot Size Area 0.45
Foundation Details Slab
Spa N
Lot Dimensions 140'/109'/150'/156'
Lot Size Acres 0.45
Number of Separate Water Meters 12
Number of Separate Electric Meters 12
Road Frontage Type City Street
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Ceramic Tile Concrete Laminate Linoleum
Total Stories 1
Common Walls 1 Common Wall 2+ Common Walls End Unit
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Window Features Aluminum Frames Vinyl Frames
Fireplace Y/N N
Above Grade Finished Area 3628.0
Half Baths 0
Laundry Features In Unit
Total Bedrooms 4
Below Grade Finished Area 0.0
Total Baths 4
Heating-Baseboard True
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Internal Only
Street Number 1 1320103
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* Excluded Features
List By
Re/Max Real Estate Ten Midtown

Broker

scarpenter338@gmail.com

Email

Affordability Calculator

$7,524
Per Month
96%
4%
0%
Monthly Principal & Interest
$7,235
Monthly Property Taxes
$290
Monthly 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
2484365 Elementary School
2484217 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
2/13/2026$1,175,000 Listed Price

Map


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1320/103 N Henry Street, Morristown, TN, 37814 is a Single Family Home for sale at $1,175,000 with a lot size of 0.45. 1320/103 N Henry Street has 4 bedrooms, 4.0 baths, and was built in 1979. The property's zip code is 37814 which is in Morristown, TN