1405 Taft Street Morristown, TN $ 1,249,900
1405 Taft Street
$ 1,249,900
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1405 Taft Street

Morristown, TN, 37814
$ 1,249,900
Bedrooms15 Baths0.0 Sq 6,459

Monthly Estimate*

$ 7,696

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Single Family Home for sale in Morristown, TN

for $1,249,900 with 15 bedrooms. This 6,459 square foot home was built in 1981 on a lot size of 0.23.

Turnkey investment opportunity in Morristown featuring a 4-property portfolio with 6 total doors, including two duplexes. Addresses include 1405 Taft St, 2748 Northview Dr, 523 W Charles St, and 1037 McFarland St. All units are currently occupied with established tenants in place, providing immediate, stable cash flow from day one. Each property has been well maintained, and the portfolio performs at a strong 9% cap rate based on current rents and list price, making this an attractive addition to any investor's portfolio. Detailed descriptions, photos, and financial insight are available for each individual property, all of which are also listed separately--offering flexibility to purchase as a package or individually. Opportunities like this with solid returns, multiple doors, and consistent occupancy in a growing market are hard to come by.

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Single Family Active

Price

$ 1,249,900

Bedrooms

15

Property Type

Single Family

Taxes

$ 6,354

Style

Multi Family

Lot Size

0.23

Year Built

1981

Town/City

Morristown

County/Region

Hamblen

MLS | Web ID

711309

Features
General
Possession Close Of Escrow
Year Built 1981
Tenant Pays All Utilities
Property Subtype Multi Family
Tax Year 2025
Parcel Number 025H A 05900 000
Gross Income 9900.0
County Hamblen
Property Type Residential Income
HOA N
Full Baths 0
Status Active
Directions Directions are given on each individual listing within the portfolio. Please reference each individual listing for specific directions all properties are GPS friendly
City Morristown
Senior Community Y/N N
Number Of Units Total 6
Lot Size Units Acres
Lot Size Square Feet 10018.8
Carport Y/N N
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 6354.99
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Structure Type Mixed Use
Standard Status Active
Occupancy Type Tenant
New Construction None
Water Body Access Y/N None
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Exterior
Water Source Public
Lot Size Area 0.23
Spa N
Building Area Total 6459.0
Lot Size Acres 0.23
Number of Separate Water Meters 6
Number of Separate Electric Meters 6
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 1
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Above Grade Finished Area 6459.0
Half Baths 0
Total Bedrooms 15
Below Grade Finished Area 0.0
Total Baths 0
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Internal Only
Street Number 1 1405
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* Excluded Features
List By
Re/Max Real Estate Ten Midtown

Broker

Ronaldbledsoe12@outlook.com

Email

Affordability Calculator

$8,225
Per Month
94%
6%
0%
Monthly Principal & Interest
$7,696
Monthly Property Taxes
$530
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
4/29/2026$1,249,900 Listed Price

Map


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1405 Taft Street, Morristown, TN, 37814 is a Single Family Home for sale at $1,249,900 with 6,459 sqft and a lot size of 0.23. 1405 Taft Street has 15 bedrooms, 0.0 baths, and was built in 1981. The property's zip code is 37814 which is in Morristown, TN