#706142, Corbin Norton, Listing Office: Crye-Leike Premier Real Estate LLC
713-715 Jaybird Rd Morristown, TN 37814
Property details
About 713-715 Jaybird Rd
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.
Highlights
Summary
- Partial Bathrooms: 2
- Full Bathrooms: 2
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Flooring Type: Carpet
- Fireplace: Metal
- Total Bedroom Count: 6
- Exterior: Gutters, Awnings, Porch/Covered
- Heating: Central, Heat Pump
- Cooling: Central Air, Electric, Multi Unit(s)
- List Price: $395,000
- Price/SqFt: $152
- Lot: Level
- Directions: From Morris Blvd Turn left onto Jaybird Rd 1.7mi, 713 will be on the left. No sign
- Year Built: 1970
- Living Area: 2,596 SqFt
- Lot Size: 0.34 Acres
- MLS Number: 706137
- MLS Name: Lakeway
- Office Name: Crye-Leike Premier Real Estate LLC
- Office Phone: (704) 602-5177
- Office Email: robert.gates@vylla.com
- Listing Agent: Corbin Norton
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: 5/6/2025, 7:15:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$395,000
713-715 Jaybird Rd
$4,691
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Price information
Property sales
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Nearby schools
5
John Hay Elementary School
Public District KG-5
0.8 mi
•501 Britton Ct
5
Russellville Elementary School
Public District PK-5
2.4 mi
•5655 Old Russellville Pike
4
Hillcrest Elementary School
Public District PK-5
2.5 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 $41,296. Typical income of Morristown, TN residents is between $35k-100k annually. Most families are married, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 713-715 Jaybird Rd in Morristown, TN and zip code 37814. This 2,596 square foot home, which was built in 1970, sits on a 0.34 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since January 7, 2025 and is currently priced at $395,000.
Morristown, TN housing market in April 2025 saw over 5 listings sold above listed price, more than 12 sold at listed price and over 16 sold below. The number of homes for sale in Morristown, TN increased by 8.7% between March and April 2025. Listings spent 74 days on the market in April 2025, and had a median list price of $285,000 during the same period.