Morristown, TN Investment Properties

80,800 results

Find, analyze, and compare Morristown, TN investment properties, including off-market opportunities and residential homes with value-add potential. Morristown offers a diverse housing market with single-family homes, and vacant properties. Investors can explore potential investment opportunities for long-term rentals (LTRs) throughout Tennessee. Explore housing market trends in Morristown, where up-and-coming neighborhoods may offer potential for passive rental income and other investment strategies. Property Intel by Whitepages makes it easy to analyze market trends, uncover off-market properties, compare neighborhood benchmarks, and access owner contact information to help you find the best investment properties in Morristown, TN for your real estate goals.

In Morristown, the median property value currently stands at $218,438, reflecting a 8.38% year-over-year increase based on recent sales. The 5-year appreciation forecast estimates values reaching $392,728 (a 0.03% gain). The housing market includes a total of 22,688 houses.The median home in Morristown has 1,568 square feet of living space, priced at a median of $145 per square foot with a median year built of 1975. For long-term rental properties in Morristown, the median annual gross rental income is $27,600 (or $2,300/month) with estimated operating expenses of $5,686, resulting in an approximate gross cap rate of 8.09%.

Property Intel by Whitepages helps investors and homeowners explore the Morristown area by offering market analysis tools, neighborhood benchmarks, owner contact information, and interactive maps. These tools support research into investment properties, including foreclosure data and off-market listings in Morristown, TN.

$373K - $392K

Est. Value

3 beds • 2.5 baths • 2,094 sq ft

Last Sold: $274K in 2018 • Built: 2014

$160K - $167K

Est. Value

2 beds • 2 baths • 1,024 sq ft

Last Sold: $55K in 2006 • Built: 1954

$370K - $392K

Est. Value

3 beds • 2.5 baths • 1,792 sq ft

Last Sold: $183K in 2013 • Built: 2013

$198K - $207K

Est. Value

3 beds • 2 baths • 2,432 sq ft

Last Sold: $15K in 2002 • Built: 2004

$243K - $255K

Est. Value

N/A bed • 2 baths • 1,364 sq ft

Last Sold: $125K in 2009 • Built: 1997

$246K - $259K

Est. Value

N/A bed • 1 bath • 1,608 sq ft

Last Sold: $151K in 2019 • Built: 1967

$280K - $290K

Est. Value

N/A bed • 2.5 baths • 2,140 sq ft

Last Sold: $175K in 2005 • Built: 1955

$304K - $316K

Est. Value

N/A bed • 2 baths • 1,802 sq ft

Last Sold: $147K in 2017 • Built: 1986

$169K - $178K

Est. Value

N/A bed • 1 bath • 1,323 sq ft

Last Sold: $170K in 2021 • Built: 1959

$219K - $229K

Est. Value

N/A bed • 2 baths • 1,876 sq ft

Last Sold: $160K in 2013 • Built: 1963

$77.8K - $80.5K

Est. Value

N/A bed • 1 bath • 804 sq ft

Last Sold: $59K in 2013 • Built: 1935

$442K - $468K

Est. Value

N/A bed • 2.5 baths • 1,667 sq ft

Last Sold: $202K in 2007 • Built: 2007

$124K - $131K

Est. Value

N/A bed • 1 bath • 1,152 sq ft

Last Sold: $160K in 2022 • Built: 1964

$276K - $292K

Est. Value

N/A bed • 2 baths • 1,736 sq ft

Last Sold: $45K in 2016 • Built: 2000

$184K - $200K

Est. Value

N/A bed • 1 bath • 1,084 sq ft

Last Sold: $78.5K in 2004 • Built: 1966

$176K - $184K

Est. Value

N/A bed • 1 bath • 1,092 sq ft

Last Sold: $120K in 2018 • Built: 1969

$86.5K - $90.6K

Est. Value

N/A bed • 1 bath • 930 sq ft

Last Sold: $74.9K in 2006 • Built: 1954

$103K - $109K

Est. Value

N/A bed • 1 bath • 960 sq ft

Last Sold: $90K in 2016 • Built: 1970

$332K - $359K

Est. Value

N/A bed • 3 baths • 2,002 sq ft

Last Sold: $168K in 2016 • Built: 1989

$340K - $357K

Est. Value

N/A bed • 3 baths • 2,694 sq ft

Last Sold: $196K in 2011 • Built: 1990

$375K - $401K

Est. Value

N/A bed • 2 baths • 3,105 sq ft

Last Sold: $371K in 2007 • Built: 2004

$216K - $223K

Est. Value

N/A bed • 1 bath • 1,215 sq ft

Last Sold: $104K in 2007 • Built: 1950

$222K - $235K

Est. Value

N/A bed • 2 baths • 1,670 sq ft

Last Sold: $189K in 2017 • Built: 2001

$219K - $231K

Est. Value

N/A bed • 1.5 baths • 1,566 sq ft

Last Sold: $175K in 2016 • Built: 1968

$197K - $211K

Est. Value

N/A bed • 2 baths • 1,300 sq ft

Last Sold: $270K in 2022 • Built: 1998

$245K - $268K

Est. Value

N/A bed • 2 baths • 1,620 sq ft

Last Sold: $146K in 2014 • Built: 1996

$184K - $193K

Est. Value

N/A bed • 1.5 baths • 1,569 sq ft

Last Sold: $168K in 2021 • Built: 1971

$160K - $168K

Est. Value

N/A bed • 2 baths • 1,848 sq ft

Last Sold: $113K in 2020 • Built: 1964

$355K - $372K

Est. Value

N/A bed • 3 baths • 2,778 sq ft

Last Sold: $425K in 2023 • Built: 1987

$188K - $203K

Est. Value

N/A bed • 2 baths • 1,100 sq ft

Last Sold: $88K in 2012 • Built: 1983

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Housing Market Trends & Statistics for Morristown, Tennessee

Median Property Value
$218,438
Total number of Properties
22,688
Median Living Space
1,568 sq ft
Median Year Built
1975 (50 years)
5-Year Appreciation Forecast
$392,728
Median Lot Size
21,344 sq ft
Average Ownership
9 months
for Morristown, TN
  • Est. Rental Income
    $27,600 ($2,300 per month)
  • Net Operating Income
    $21,915 ($1,826 per month)
  • Cap Rate
    8.09%

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