1320/103 N Henry Street, Morristown, TN 37814

Local realty services provided by:CENTURY 21 Legacy
1320/103 N Henry Street,Morristown, TN 37814
$1,175,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: steve carpenter
Office: re/max real estate ten midtown
MLS#:710345
Source:TN_LAMLS

Price summary

  • Price:$1,175,000

About this home

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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Home facts

  • Year built:1979
  • Listing ID #:710345
  • Added:4 day(s) ago
  • Updated:February 10, 2026 at 03:24 PM

Rooms and interior

  • Total bathrooms:4

Heating and cooling

  • Cooling:Window Unit(s)

Structure and exterior

  • Year built:1979
  • Lot area:0.45 Acres

Finances and disclosures

  • Price:$1,175,000
  • Tax amount:$3,477 (2025)