713-715 Jaybird Road, Morristown, TN 37814

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$395,000

bedrooms

bathrooms

square feet

Acreage

0.34

Open Houses

year built

1970

Full Baths

Half Baths

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Discover the perfect investment opportunity with this updated duplex in Morristown, TN! Boasting a combined 2,596 sq. ft. of livable space, this multi-family gem offers a fresh start with recent updates, including new paint and luxury vinyl plank flooring.The exterior has been beautifully refreshed with a new coat of paint and covered entrances, adding curb appeal and convenience.This spacious duplex is an excellent income-generating opportunity. Each of the updated units have 1298 square feet of living space and have been updated with fresh paint and new flooring. The left unit features new luxury vinyl plank (LVP) flooring throughout, while the right has newer LVP and carpet. Both units contain 3 bedrooms, 1 full bath, and 1 half bath. The kitchens are equipped with essential appliances, including a refrigerator, microwave, dishwasher, and an electric range with an oven. The ground floor of each unit includes the kitchen, dining room, and living room, with bedrooms and a full bath located on the upper level. The left unit is additionally equipped with a new washer and dryer, ensuring convenience for its occupants.Currently, both units are occupied at 1700 a month. Together, they generate a strong cap rate of 9.45%, making this an appealing investment for those looking to enter or expand their real estate portfolio.

Location
Subdivision	-
County	Hamblen
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 706137

Listing agent: Corbin Norton #363246

Listing broker: Crye-Leike Lakeway West (423) 586-4115

Copyright © 2025 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, April 22 2025 at 3:23 p.m. EDT

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