1418 Mae Collins Rd Morristown, TN 37813
Property details
About 1418 Mae Collins Rd
An excellent investment opportunity for the entrepreneur seeking a cash flow property! Situated on 1.7 acres in Morristown, this property features 11 available lots, currently housing 7 single-wide mobile homes, with all homes conveying with the purchase. Home Details: 2 bedrooms, 1 bathroom Approximate size: 14x40 (buyer should confirm exact dimensions) Some units have washer/dryer hookups Window heat/air units Rental Income: Current rent per home: $725/month Total current rent for 7 homes: $5,075/month Utility Information: Property owner covers water for all homes Tenants pay for individual electric service Each of the 11 spaces has electric and septic hookups available Additional Details: 1 home is undergoing a remodel, offering the potential for increased rent Significant upside potential for development of the remaining 4 lots This property is a promising investment with consistent rental income and the opportunity to add value through future development. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Highlights
Summary
- Full Bathrooms: 4
- Total Bedroom Count: 8
- List Price: $525,000
- Price/SqFt: $937
- Annual Tax Amount: $45
- Tax Year: 2022
- Directions: Head south on US-25 E S toward Wilson Hale Rd Turn right onto Wilson Hale Rd Turn right onto TN-343 N Turn left onto Pinebrook Rd Turn right onto Sulphur Springs Rd Turn right onto Mae Collins Rd Turn left Destination will be on the right
- Year Built: 2020
- Living Area: 560 SqFt
- Lot Size: 1.7 Acres
- MLS Number: 706110
- MLS Name: Lakeway
- Office Name: Griffin Home Group
- Office Phone: (843) 339-1692
- Office Email: fitnessworldangiesuggs@gmail.com
- Listing Agent: James Griffin
Listing information provided in part by the Lakeway Area Association of Realtors for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. The information listed is from sources believed reliable but is not guaranteed, and is subject to change without notice.
Copyright © Lakeway Area Association of Realtors 2025. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/22/2025, 7:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Feb 06, 2020 | Home Sold | $45,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $2,300 | $- |
2022 | $2,300 | $45 |
2021 | $2,300 | $45 |
2020 | $2,300 | $45 |
2019 | $1,775 | $38 |
2018 | $1,775 | $38 |
2017 | $1,775 | $66 |
History based on county public records data.
Nearby schools
6
Lincoln Heights Elementary School
Public District PK-5
1.6 mi
•215 Lincoln Ave
6
Witt Elementary School
Public District PK-5
2.1 mi
•4650 S Davy Crockett Pkwy
4
Hillcrest Elementary School
Public District PK-5
2.6 mi
•407 S Liberty Hill Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,151. The majority of Morristown, TN residents have income less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
Frequently asked questions
About 1418 Mae Collins Rd
The listing price of 1418 Mae Collins Rd property is $525,000.
The property 1418 Mae Collins Rd is a multi located in Morristown, Tennessee, 37813.
Active Listing: 1418 Mae Collins Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1418 Mae Collins Rd are: Lincoln Heights Elementary School (GreatSchools Rating 6/10), Witt Elementary School (GreatSchools Rating 6/10), Hillcrest Elementary School (GreatSchools Rating 4/10), Lincoln Heights Middle School (GreatSchools Rating 5/10), West View Middle School (GreatSchools Rating 6/10), Meadowview Middle School (GreatSchools Rating 5/10), Morristown West High School (GreatSchools Rating 5/10), Morristown East High School (GreatSchools Rating 4/10), Hamblen County Alternative School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2022 is $45 (source: MLS/based on county public records data).
The last sale was on February 6, 2020 for $45,000 (source: MLS/tax record).
The property 1418 Mae Collins Rd is 560 SqFt (source: MLS/tax record).
The year of construction for 1418 Mae Collins Rd is 2020.
This home is located at 1418 Mae Collins Rd in Morristown, TN and zip code 37813. This 560 square foot home, which was built in 2020, sits on a 1.70 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $525,000.
Over 10 listings were sold over their listed price in June 2025 in Morristown, TN. In the same period over 32 listings were sold below the listed price and 11 listings were sold for the listed price. The inventory of homes for sale in Morristown, TN between May and June 2025 increased by 0.8%. In June 2025, listings were on the market for 31 days. During the same period, the median list price in this real estate market was $290,000.