106 King Ave Ave, Morristown, TN 37814
(MLS # 1317688)
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This multifamily investment at 106-114 King Avenue in Morristown, TN features five units with a diverse mix of floor plans and a total projected annual income of $75,600. The unit breakdown includes two 2 bed / 1 bath units, two 1 bed / 1 bath units, and one large 4 bed / 2 bath unit, appealing to a wide range of renters. The property has undergone over $150,000 in recent capital improvements, including a new roof, updated HVAC systems, electrical and plumbing upgrades, and new windows and doors throughout"”offering investors a truly turnkey asset. A detached garage provides an additional $150/month in income, further enhancing returns. Situated in a growing submarket with strong rental demand, this property presents a compelling opportunity for investors looking for immediate cash flow with long-term upside.
| LAST UPDATED | 10/7/2025 | YEAR BUILT | 1974 |
|---|---|---|---|
| COMMUNITY | Hamblen County - 38 | COUNTY | Hamblen County - 38 |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | Hamblen County - 38 |
| CONSTRUCTION | Frame |
| HEAT | Central |
| LOT DIMENSIONS | n/a |
| PARKING | On Site |
| TAXES | 1738 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listed with SVN I Wood Properties
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