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1562-1564 Shields Ferry Road, Morristown, TN 37814

Morristown
Local realty services provided by:CENTURY 21 Legacy
1562-1564 Shields Ferry Road,Morristown, TN 37814
$272,000
  • - Beds
  • 4 Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: trey cate
Office: the cate group, realty & property management llc.
MLS#:708973
Source:TN_LAMLS

Price summary

  • Price:$272,000

About this home

This duplex is fully occupied with tenants currently in place, generating a combined monthly rental income of $1,430. With immediate cash flow, established occupancy, individual electric and water meters for each apartment, and the potential to achieve top-of-market rent, this property offers an excellent addition to any investment portfolio. The neighboring duplex at 1542-1544 Shields Ferry Road is also available for purchase, presenting a unique opportunity for investors looking to acquire multiple income-producing properties in the same area. Whether you are a seasoned investor or looking to enter the rental market, this property offers strong potential for consistent income and long-term appreciation in a growing market. Please contact the listing agent to schedule all showings.

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Home facts

  • Year built:1995
  • Listing ID #:708973
  • Added:274 day(s) ago
  • Updated:June 13, 2026 at 07:39 AM

Rooms and interior

  • Total bathrooms:4
  • Kitchen Description:Dishwasher, Electric Oven, Electric Range, Refrigerator

Heating and cooling

  • Cooling:Central Air
  • Central air:Yes

Structure and exterior

  • Year built:1995
  • Lot area:0.3 Acres

Schools

  • High school:East
  • Elementary school:Fairview-Marg

Finances and disclosures

  • Price:$272,000
  • Tax amount:$1,384 (2024)

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