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309 W 7th North Street, Morristown, TN 37814

Morristown
Local realty services provided by:CENTURY 21 Legacy
309 W 7th North Street,Morristown, TN 37814
$215,000
  • - Beds
  • 2 Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: steve carpenter
Office: re/max real estate ten midtown
MLS#:712869
Source:TN_LAMLS

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Price summary

  • Price:$215,000

About this home

Don't miss this income-producing duplex at 309 W 7th North St! Featuring two units, each with 2 bedrooms and 1 bath, this property combines classic charm with strong investment fundamentals -- including hardwood floors and a cozy fireplace in place, adding character tenants will love. Currently generating a solid 7 CAP, with the potential to reach up to 13 CAP through strategic improvements and rent optimization -- a compelling opportunity for value-add investors. The location is hard to beat: minutes from the hospital, close to downtown Morristown, and convenient to mall shopping and a wide range of other amenities. This combination of walkability, accessibility, and upside potential makes it a standout addition to any rental portfolio. Whether you're a seasoned investor or looking to add your first multi-family property, this duplex offers both immediate income and room to grow. Contact us today for financials and to schedule your showing!

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Home facts

  • Year built:1965
  • Listing ID #:712869
  • Added:43 day(s) ago
  • Updated:October 17, 2026 at 01:45 AM

Rooms and interior

  • Total bathrooms:2
  • Kitchen Description:Electric Cooktop, Electric Oven, Electric Range, Refrigerator

Heating and cooling

  • Cooling:Central Air, Heat Pump
  • Central air:Yes

Structure and exterior

  • Year built:1965
  • Levels:1 Story

Finances and disclosures

  • Price:$215,000
  • Tax amount:$1,811 (2025)

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