926 E Main St Morristown, TN 37814
Property details
About 926 E Main St
Don't miss this fantastic opportunity to expand your investment portfolio with this fully leased, income-producing triplex in the heart of Morristown! This property features three rental units, including two side-by-side main-level units and a basement efficiency, all currently occupied under yearly lease agreements. With a gross income of $27,600 per year, an estimated net income of $23,165 and an 10.8% cap rate, this property offers a strong return on investment. Recent updates include a newly renovated bathroom in Unit B, completed within the last month. Each unit benefits from 1-2 off-street parking spaces, adding to tenant convenience. Situated in a prime location, this property provides easy access to shopping, dining, and major roadways. Additionally, the neighboring rental property at 1002/1004 E Main St is also available for purchase, presenting an incredible opportunity to acquire multiple income-producing units in one area. Don't let this investment slip away—schedule your showing today!
Highlights
(Active Under Contract)
Summary
- MLS Number: 9977716
- MLS Name: Tennessee/Virginia Regional MLS
- Office Name: REMAX Real Estate Ten of Morristown
- Office Phone: (423) 581-8881
- Office Email: travisearls@remax.net
- Listing Agent: Heather Walker
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. 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: 4/12/2025, 12:50:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$249,900
926 E Main St
$2,968
closing credit¹
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0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $32,200 | $- |
| 2022 | $34,880 | $1,102 |
| 2021 | $34,880 | $1,102 |
| 2020 | $34,880 | $1,102 |
| 2019 | $30,160 | $950 |
| 2018 | $30,160 | $950 |
| 2017 | $30,160 | $892 |
History based on county public records data.
Nearby schools
4
Hillcrest Elementary School
Public District PK-5
0.3 mi
•407 S Liberty Hill Rd
6
Lincoln Heights Elementary School
Public District PK-5
1.1 mi
•215 Lincoln Ave
5
West Elementary School
Public District PK-5
1.3 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 $45,435. The most common annual income of people living in Morristown, TN is less than $<35k. The most common type of family is single, no kids. The most common level of education of people living in this area is post secondary degree.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
NHRA Drag Racing
Horse Races
Pro Boxing
Where do the neighbors shop?
Big Lots
Stein Mart
Family Dollar
Where do the neighbors go to eat?
Golden Corral
LongHorn Steakhouse
White Castle
What do the neighbors drive?
Kia
Buick
Chevrolet
What do the neighbors listen to?
Adult Standards
Contemporary Inspirational
Rock
This home is located at 926 E Main St in Morristown, TN and zip code 37814. Features: 0 bathroom. It has been listed on Rocket Homes since March 24, 2025 and is currently priced at $249,900.
In March 2025, from all listings sold in Morristown, TN there were more than 6 sold above asking price, over 21 sold below and more than 7 were sold right at the asked price. The inventory of homes for sale in Morristown, TN between February and March 2025 increased by 9.6%. The median list price of listings available in March 2025 was $285,000, while the average time on the real estate market was 55 days.