#707631, Kim Roberts, Listing office: Elite Realty Group
Property details
About 305-365 Barkley Landing Dr
Brand New Construction Multi-Family Investment Property - 12 Fully Leased Units in Morristown, TN Introducing an outstanding investment opportunity with three newly built 4-unit apartment buildings in the thriving market of Morristown, Tennessee. Completed in 2024, this brand new construction multi-family asset features 12 spacious, tenant-occupied units offering immediate income and long-term growth potential. Each unit boasts a well-designed 3-bedroom, 2-bathroom floor plan with 1,054 square feet of living space, offering modern interiors, open layouts, and durable finishes. Every building includes one ADA-compliant, handicap-accessible unit, enhancing accessibility and broadening tenant appeal. Property Highlights: - Total of 12 units (3 buildings with 4 units each) - Each unit: 3 bedrooms / 2 bathrooms / 1,054 sq. ft. - One handicap-accessible unit per building (3 total) - Fully leased - stabilized with immediate rental income - Completed in 2024 - low-maintenance, turnkey investment - Located in a strong rental market with continued growth Pro forma available upon request. Whether you're a seasoned investor or entering the multifamily space, this property offers a unique chance to own high-quality, newly constructed units with strong occupancy in a desirable location. Seize this opportunity to add a stable, income-producing asset to your portfolio in one of East Tennessee's most promising rental markets. Information contained in this listing is deemed reliable. Buyer to independently verify and perform due diligence to confirm information is accurate.
Highlights
Summary
- Appliances: Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
- Flooring Type: Other
- Interior: Pantry
- Attached Garage: No
- Parking: On Premise Parking
- Exterior: Handicap Accessible, Balcony
- Heating: Central, Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $2,700,000
- Price/SqFt: $210
- Directions: GPS-friendly and easy to access. Once on Barkley Landing Drive, continue straight up the hill. A newly built complex will be on your left. Buildings are black and white in color.
- Year Built: 2024
- Living Area: 12,801 SqFt
- MLS Number: 1304724
- MLS Name: East Tennessee REALTORS® MLS
- Office Name: Prime Mountain Properties
- Office Phone: (865) 453-4049
- Office Email: virginiaalmy@sprintmail.com
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Price information
Property sales
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Tax history
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Nearby schools
6
Lincoln Heights Elementary School
Public District PK-5
0.5 mi
•215 Lincoln Ave
4
Hillcrest Elementary School
Public District PK-5
1.3 mi
•407 S Liberty Hill Rd
5
West Elementary School
Public District PK-5
2.3 mi
•235 W Converse St
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 $27,278. The majority of Morristown, TN residents have income less than $<35k annually. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 305-365 Barkley Landing Dr
The listing price of 305-365 Barkley Landing Dr property is $2,700,000.
The property 305-365 Barkley Landing Dr is a house located in Morristown, Tennessee, 37813.
Active Listing: 305-365 Barkley Landing Dr is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 305-365 Barkley Landing Dr are: Lincoln Heights Elementary School (GreatSchools Rating 6/10), Hillcrest Elementary School (GreatSchools Rating 4/10), West Elementary School (GreatSchools Rating 5/10), Lincoln Heights Middle School (GreatSchools Rating 5/10), Meadowview Middle School (GreatSchools Rating 5/10), West View Middle School (GreatSchools Rating 6/10), Morristown West High School (GreatSchools Rating 5/10), Morristown East High School (GreatSchools Rating 4/10), Hamblen County Alternative School (GreatSchools Rating 1/10).
The property at 305-365 Barkley Landing Dr has 0 bathroom.
The property 305-365 Barkley Landing Dr is 12,801 SqFt (source: MLS/tax record).
The year of construction for 305-365 Barkley Landing Dr is 2024.
This home is located at 305-365 Barkley Landing Dr in Morristown, TN and zip code 37813. This 12,801 square foot home was built in 2024. Features: 0 bathroom. It has been listed on Rocket Homes since June 14, 2025 and is currently priced at $2,700,000.
While more than 10 listings in Morristown, TN in June 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 32 were sold below. Between May and June 2025, Morristown, TN real estate market has seen increase in the number of listings 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.