1215 Shields Ferry Rd, Morristown, TN, 37814

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$775,000
19 Days On Site

1215 Shields Ferry Rd
Morristown, TN 37814

For Sale|Multi Family|Pending
0
Beds
0
Total Baths
5,360
SqFt
$145
/SqFt
1976
Built
Subdivision:
Hall Ray D Prop
County:
Hamblen County - 38
Call Now: 865-850-2117
Is this the listing for you? We can help make it yours.
865-850-2117
1215 Shields Ferry Rd1215 Shields Ferry Rd1215 Shields Ferry Rd1215 Shields Ferry Rd
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Monthly Payment (Est.)

$3,536
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RARE EIGHT PLEX IN MORRISTOWN - FULLY RENTED - NEW ROOF - 7.2 CAP RATE!!! This fully rented 8 unit complex offers a strong investment opportunity in a prime location, just minutes away from Walmart and other essential amenities that tenants desire. Built in 1976, the property has been well maintained and is ready for its next owner. This property has undergone recent updates including a new roof with 6 inch gutters, new windows, fresh appliances and unit flooring. Two units have ductless mini splits and the rest have PTAC systems and all units come with washer/dryer connections, stoves and refrigerators. Tenants pay a flat fee for Seller provided WiFi and water and additionally tenants pay their own electric and trash. With its location near major retail and dining options, and access to highways and public services, this 8 unit is an ideal addition to your portfolio. No sign on property and we respectively request that you do not disturb the tenants.

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Listing Snapshot
Price 
$775,000
Days On Site 
19 Days
Bedrooms 
N/A
Inside Area (SqFt) 
5,360 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.41 Acres
Year Built 
1976
MLS® Number 
1317448
Status 
Pending
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 days agoListing updated with changes from the MLS®
3 days agoStatus changed to Pending
3 weeks agoListing first seen on site
General Features
Acres 
0.41
Parking 
On Site
Property Sub Type 
Multi Family
SqFt Total 
5360
Interior Features
Appliances 
RangeRefrigerator
Cooling 
ZonedWall Unit(s)
Flooring 
LaminateVinyl
Heating 
ZonedOtherElectric
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Exterior Features
Construction Details 
BrickBlockOther
Patio And Porch 
Patio
Roof 
Composition
Community Features
Financing Terms Available 
Cash
MLS Area 
Hamblen County - 38
Listing courtesy of Solange Velas of Goldman Partners Realty, LLC

Copyright © 2025 Knoxville Area Association of Realtors. 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. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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