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1508-1514 Taft St, Morristown, 37814
Priced At: $450,000
Property Details for ID: 1333721
SqFt: 3,045
Price SqFt: $148
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Inspection
Property Type: MultiFamily
On Market Date: 2026-03-23T13:52:27Z
Subdivision: Drinnon Hts 2
Public Remarks: ALL BRICK MORRISTOWN FOUR PLEX - INCOME PRODUCING This fourplex presents a strong investment opportunity in a good location, just minutes from Walmart and other amenities. Built in 1971, each of the four units features a spacious and thoughtfully designed 2-bedroom, 1-bath layout. All units include laminate flooring, PTAC systems, and are equipped with a stove and refrigerator. Washer and dryer connections are also available in every unit. Tenants pay a flat fee for seller-provided Wi-Fi and are responsible for all utilities. With its proximity to major retail, dining options, highways, and public services, this fourplex is a strong addition to any investment portfolio. Current video tours of each unit have been provided for review. Unit 1508 has been left vacant for in-person showings. There is no sign on the property, and we respectfully request that residents not be disturbed.
Schools Information
Sorry, school information is not available for this listing.Building Description
SqFt (Total): 3,045
Exterior Features
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Property Details
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Financing
Annual Operating Expenses: 8,945
Net Operating Income: 42,751
HOA Information
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Up Coming Open Houses
Directions
From I-40 East take Exit 421 North towards Bristol. Take exit 8 to Morristown, .5 miles turn right onto Davy Crockett Pkwy to Cumberland Gap Park, in 6.4 miles veer left onto N Davy Crockett Pkwy, in 2.8 miles turn left onto Cherokee Park Rd. 900 ft turn left again onto Buffalo Trail, in .9 turn right onto Wagon Wheel Dr, 600 ft ahead turn left onto Shady Ln. In half a mile turn right onto Lakeview Dr and Taft st is just ahead on your left. The fourplex will be on your left.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
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Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!