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1617 Jefferson St, Morristown, 37814
Priced At: $435,000
Property Details for ID: 1356141
SqFt: 2,656
Price SqFt: $164
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Inspection
Property Type: MultiFamily
On Market Date: 2026-10-07T20:59:04Z
Subdivision: Drinnon Hts
Public Remarks: NICE MORRISTOWN 4 PLEX - ALL BRICK - NEW ROOF -TENANTS PAY ALL UTILITIES nvestment opportunity conveniently located near Walmart, College Square Mall, and Walters State Community College. This 4-plex offers a desirable mix of two 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, with 3 of 4 units currently leased. Each unit features updated laminate flooring, washer/dryer hookups, stoves, and refrigerators. The property has three PTAC systems and one mini-split system. Tenants pay all utilities, including water. The metal roof is approximately 3 years old. Current unit videos are available for review. Please do not disturb residents; there is no sign on the property.
Schools Information
Sorry, school information is not available for this listing.Building Description
SqFt (Total): 2,656
Exterior Features
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Interior Features
Property Details
Utilities
Financing
Annual Operating Expenses: 12,892
Net Operating Income: 30,383
HOA Information
Heating & Cooling
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Up Coming Open Houses
Directions
Take I-40 East To Exit 421 North to Bristol. Take exit 8 to Morristown, Merge onto US-25E N, in 9.3 Miles turn left onto Cherokee Park Rd, in 0.2 miles turn left onto Buffalo Trail, 0.9 turn right onto Wagon Wheel Dr then turn left onto Shady Ln. 0.3 miles turn left onto Jefferson St. The fouplex will be on your right.
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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.
Four Reasons to Use BJ Swinehart
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!