- – beds
- – baths
- 12,801 sqft
- $195 per sqft
- 2024 build
- – on site
Brand New Construction Multi-Family Investment Property - 12 Fully Leased Units in Morristown, TN Introducing an outstanding investment opportunity with three newly built 4-unit apartment buildings in the thriving market of Morristown, Tennessee. Completed in 2024, this brand new construction multi-family asset features 12 spacious, tenant-occupied units offering immediate income and long-term growth potential. Each unit boasts a well-designed 3-bedroom, 2-bathroom floor plan with 1,054 square feet of living space, offering modern interiors, open layouts, and durable finishes. Every building includes one ADA-compliant, handicap-accessible unit, enhancing accessibility and broadening tenant appeal. Property Highlights: - Total of 12 units (3 buildings with 4 units each) - Each unit: 3 bedrooms / 2 bathrooms / 1,054 sq. ft. - One handicap-accessible unit per building (3 total) - Fully leased - stabilized with immediate rental income - Completed in 2024 - low-maintenance, turnkey investment - Located in a strong rental market with continued growth Pro forma available upon request. Whether you're a seasoned investor or entering the multifamily space, this property offers a unique chance to own high-quality, newly constructed units with strong occupancy in a desirable location. Seize this opportunity to add a stable, income-producing asset to your portfolio in one of East Tennessee's most promising rental markets. Information contained in this listing is deemed reliable. Buyer to independently verify and perform due diligence to confirm information is accurate.
Last checked:
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Last updated Jun 14, 2025
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MLS# 1304724 —
The Building
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Year Built:2024
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New Construction:No
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Construction Materials:Vinyl Siding, Frame
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Architectural Style:None
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Direction Faces:None
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Roof:Shingle
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Stories:None
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Stories Total:None
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Basement:None
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Basement:No
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Exterior Features:Handicap Accessible, Balcony
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Patio And Porch Features:Patio
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Security Features:Smoke Detector
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Accessibility Features:None
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Building Area Total:12801.0
Interior
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Interior Features:Pantry
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Levels:None
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Rooms Total:None
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Flooring:Other
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Fireplace:No
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Fireplaces Total:None
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Fireplace Features:None
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Laundry Features:None
Room Dimensions
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Living Area:None
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Living Area Units:None
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Living Area Source:None
Financial & Terms
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Listing Terms:Call Listing Agent, Cash, Conventional
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Possession:None
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Lease Term:None
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Tenant Pays:Water, Sewer, Trash Collection, Tenant Pays All Util, Cooling, Heating, Electricity
Location
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Directions:GPS-friendly and easy to access. Once on Barkley Landing Drive, continue straight up the hill. A newly built complex will be on your left. Buildings are black and white in color.
The Property
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Parcel Number:042J C 010.00
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Property Type:Multi-Family
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Property Subtype:None
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Lot Features:None
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Lot Size Dimensions:300x150
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Lot Size Source:None
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Zoning:None
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Zoning Description:None
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Current Use:None
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Possible Use:None
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Topography:None
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View:None
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Fencing:None
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Waterfront:No
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Water Body Name:None
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Frontage Type:None
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Road Frontage Type:None
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Property Attached:No
Listing Agent
- Contact info:
- Office phone:
- (865) 453-4049
Beds
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Bedrooms Total:None
Baths
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Full Baths:None
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Three Quarter Baths:None
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Half Baths:None
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Partial Baths:None
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Quarter Baths:None
The Listing
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Virtual Tour URL Branded:None
Heating & Cooling
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Heating:Central, Electric
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Heating:true
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Cooling:Central Cooling, Ceiling Fan(s)
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Cooling:true
Utilities
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Utilities:Cable Available (TV Only)
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Electric:None
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Sewer:None
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Water Source:None
Appliances
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Appliances:Dishwasher, Microwave, Range, Refrigerator, Self Cleaning Oven
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Microwave:true
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Dishwasher:true
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Refrigerator:true
Schools
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Elementary School District:None
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Middle Or Junior School District:None
The Community
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Subdivision Name:BARKLEY LANDING APTS REV LOTS 9,10,11,12
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Park Name:None
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Senior Community:No
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Community Features:None
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Pool Private:No
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Spa Features:None
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Association:No
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Association Fee:None
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Association Fee Includes:None
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Association Fee Frequency:None
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Association Amenities:None
Parking
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Attached Garage:false
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Carport Spaces:None
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Parking Features:On Premise Parking
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Parking Total:None
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
6/13/25
Jun 13, 2025
|
Listed / Active | KAARMLS | $2,500,000 |