About 926 East Main Street
Turn-Key Triplex in the Heart of Morristown—Fully Leased & Cash-Flowing Expand your portfolio with this income-producing triplex offering three rentable spaces: two side-by-side main-level units plus a basement efficiency—each occupied on annual leases. Current figures show approx. $29,400 gross annual income, $24,965 estimated net income, and an approx. 10% cap rate based on present leases and expenses. Recent improvements include a newly renovated bathroom in Unit B and an improved crawl space for peace of mind. Tenants enjoy 1-2 off-street parking spaces per unit and a convenient location close to shopping, dining, and major thoroughfares. If you're seeking steady cash flow in a prime Morristown setting, this property checks the boxes!
Features of 926 East Main Street
MLS® # | 9986152 |
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Price | $249,900 |
Square Footage | 2,352 |
Acres | 0.23 |
Year Built | 1900 |
Type | Multi Family |
Sub-Type | Multi Family |
Style | Victorian |
Status | Active |
Community Information
Address | 926 East Main Street |
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City | Morristown |
County | Hamblen |
State | TENNESSEE |
Zip Code | 37814 |
Amenities
Utilities | Electricity Connected, Sewer Connected, Water Connected |
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Garages | See Remarks |
Is Waterfront | No |
Interior
Appliances | Range, Refrigerator |
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Heating | Electric, Heat Pump, Other |
Cooling | Heat Pump, Window Unit(s) |
Fireplace | No |
# of Stories | 1 |
Stories | One |
Has Basement | Yes |
Basement | Exterior Entry, Finished, Walk-Out Access |
Exterior
Exterior | Vinyl Siding |
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Lot Description | Cleared |
Roof | Shingle |
Foundation | Block |
School Information
Elementary | Hillcrest |
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Middle | Meadowview |
High | East High |
Additional Information
Date Listed | September 23rd, 2025 |
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Days on Market | 6 |
Zoning | LI |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | REMAX Real Estate Ten of Morristown |
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