1403 Moyer LN, Morristown, TN 37814
1403 Moyer LN, Morristown, TN 37814
1403 Moyer LN, Morristown, TN 37814
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Listed by Steve Carpenter • RE/MAX Real Estate Ten Midtown
$329,900
Est. payment /mo
4 Beds
19,166 SqFt
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 19,166 sqft

Price per Sqft $17

MLS Listing ID 713335

Style Traditional

Bedrooms 4

Year Built 1979

Annual Tax Amount $1,260

Lot Size 0.440 Acres

Acres 0.44

Lot Dimensions 0.44

Property Sub-Type Duplex

Source Lakeway Area Association of REALTORS®

Property Description

Here's a rare chance to pick up a income-producing duplex in one of Morristown's most convenient locations. Both sides are currently leased, and at the asking price this property delivers a 7% cap rate from day one.

Each side offers 2 bedrooms, 1 bath, and 1,164 sq ft of living space, plus a private attached garage and in-unit laundry on the lower level. The downstairs also features an extra finished room that works well as a spare bedroom, home office, or hobby space, giving tenants more usable space than a typical duplex and helping keep long-term renters happy.

Location is a big part of the appeal. Situated on the west end of Morristown, you're minutes from the hospital, local restaurants, shopping, and everyday amenities. Quick access to the interstate puts Knoxville and Sevierville within 30 to 45 minutes, which broadens your tenant pool to commuters and healthcare workers alike.

With both units leased, strong rental demand in the area, and the added value of garages and flex space, this is a hands-off addition to any investor's portfolio.

Contact us today to schedule a showing or request the rent roll and financials.

Location

State TN

County Hamblen

Direction Heading West on Andrew Johnson Hwy, take a right onto Kidwell Ridge Rd. Go 1.7 miles and turn left onto Cameron Rd. After that, drive .3 miles and turn left onto Murrell Rd and then turn right after 800ft onto Moyer Ln. The property is on your left.

Interior

Heating Central, Heat Pump

Cooling Central Air, Heat Pump

Window Features Double Pane Windows

Exterior

Utilities Available Electricity Connected, Water Connected

Roof Type Asphalt,Shingle

Accessibility Accessible Bedroom, Accessible Central Living Area, Accessible Common Area, Accessible Entrance, Central Living Area

Building

Lot Description Rolling Slope

Foundation Block

Water Public

Architectural Style Traditional

Structure Type Vinyl Siding

Others

Senior Community No

Tax ID 040A A 00800 000

Special Listing Condition Standard


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Dena Brown

Dena Brown

+1(423) 327-9634

Principal Broker License ID: 341422

Principal Broker License ID: 341422

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