713-719 Jaybird Road Road, Morristown TN 37814

$799,000

713-719 Jaybird Road Road, Morristown, TN 37814

bedrooms

bathrooms

square feet

Acreage

0.68

Open Houses

year built

1970

Full Baths

Half Baths

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Two Duplexes! Discover the perfect investment opportunity with 2 recently updated duplexes in Morristown, TN! Each building has 2596 sq. ft. of living space. These units have recent updates. The exterior of the left building has been beautifully refreshed with a new coat of paint and covered entrances, adding curb appeal and convenience.This spacious duplex is an excellent income-generating opportunity. The units have 1298 square feet of living space and have been updated with fresh paint and new flooring. The left unit features new luxury vinyl plank (LVP) flooring throughout, while the right has newer LVP and carpet. All four units contain 3 bedrooms, 1 full bath, and 1 half bath. The kitchens are equipped with essential appliances, including a refrigerator, microwave, dishwasher, and an electric range with an oven. The ground floor of each unit includes the kitchen, dining room, and living room, and laundry room with bedrooms and a full bath located on the upper level. 713 is additionally equipped with a new washer and dryer that conveys while 719 has a brand new hvac installed. Currently, all units are occupied, with a gross income of $6550 a month and net income of 72,204 a year. Together, they generate a strong cap rate of 8.97%, making this an appealing investment for those looking to enter or expand their real estate portfolio.

Location
Subdivision	-
County	Hamblen
Elementary School	-
Middle School	-
High School	-

Driving directions

Open houses

None scheduled.

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MLS number: 706142

Listing agent: Corbin Norton #363246

Listing broker: Crye-Leike Lakeway West (423) 586-4115

Copyright © 2025 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Tuesday, March 11 2025 at 8:16 p.m. EDT

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