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5954 Hiawatha Road, Morristown, TN 37814

Local realty services provided by:CENTURY 21 Legacy
5954 Hiawatha Road,Morristown, TN 37814
$359,900
  • - Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: ronald bledsoe
Office: re/max real estate ten midtown
MLS#:708381
Source:TN_LAMLS

Price summary

  • Price:$359,900

About this home

Investment Opportunity in West End Morristown - 9% Cap Rate Triplex on Nearly 1 Acre Located in a desirable area of West End Morristown, this well-positioned triplex sits on a spacious 0.94-acre lot and offers immediate cash flow with a current cap rate of approximately 9%. Each unit is separately metered and fully occupied, providing stable rental income with room for future growth. The property features ample parking, a large shared yard, and potential for expansion or value-add improvements. Whether you're a seasoned investor or looking to start your portfolio, this triplex presents a rare opportunity in a sought-after area close to schools, shopping, and major roadways.

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Home facts

  • Year built:1979
  • Listing ID #:708381
  • Added:192 day(s) ago
  • Updated:January 23, 2026 at 03:07 PM

Rooms and interior

  • Total bathrooms:3

Structure and exterior

  • Year built:1979
  • Lot area:0.94 Acres

Finances and disclosures

  • Price:$359,900
  • Tax amount:$1,141 (2024)

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