1987 Joe Stephens Road
1987 Joe Stephens Road, Morristown, TN 37814
$218,000
MLS# 708974
Listing courtesy of The Cate Group, Realty & Property Management LLC · Trey Cate
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Talk to a licensed Spring Mountain agent about 1987 Joe Stephens Road, Morristown, TN 37814 — price, condition, and whether it is still available.
About this property
This income-producing property generates a combined monthly rental income of $1,950, delivering immediate cash flow for investors from day one. Currently configured as a duplex with both apartments sharing electric and water meters, the setup supports efficient operation while maintaining strong rental performance. Offering both convenience and long-term flexibility, this property presents a solid opportunity for steady income and future upside. The versatile layout allows investors to continue operating the home as a multi-family rental or convert the property into a single-family residence with a private mother-in-law suite for added value. Additional features include a fenced backyard area and rear patio, enhancing tenant desirability and outdoor living space. With strong rental functionality and multiple possibilities for future use, this property presents an attractive opportunity for both seasoned investors and owner-occupants seeking supplemental income. Please contact the listing agent to schedule all showings.
MLS #708974 · Lakeway Area Association of REALTORS®
Property facts
- Status
- Active
- Property type
- Duplex
- Bedrooms
- 3
- Bathrooms
- 2
- Living area
- 1,736 sq ft
- Lot size
- 0.87 acres
- Year built
- 1,952
- County
- Hamblen
- Price / sq ft
- $126/sq ft
- Days on market
- 11
- MLS number
- 708974
- Listing office
- The Cate Group, Realty & Property Management LLC
Features
- Balcony
- Rain Gutters
Location
1987 Joe Stephens Road, Morristown, TN, 37814
Listing data courtesy of Lakeway Area Association of REALTORS®
Listing content is provided 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Spring Mountain Realty PLLC. All measurements, acreage, room counts, and permitted uses are approximate and should be independently verified by the buyer.
Properties marketed by brokerages other than Spring Mountain Realty PLLC are identified with the listing office name. Listings that a seller has excluded from internet display are not shown, and addresses are withheld where the seller has requested it.
Spring Mountain Realty PLLC is an Equal Housing Opportunity brokerage. We do not provide guidance on schools, demographics, or the composition of any area. Buyers are encouraged to research those subjects using independent public sources.
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