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Listed price in listed location currency (USD).
$359,900

630

MLS® 708381

  • Key Facts
  • Description
  • Map

Key Facts

Type Triplex
Levels Residential Income
Size 1537 sqft
Garage No
Taxes $1,141
Lot Size 0.94 acres
Approx. Age 1979
Avg. Price Per Sqft $234
MLS® Number 708381

Property Address: 5954 Hiawatha Rd, Morristown, TN, 37814-1456

Average square foot calculated using Size range provided by listing agent.

Description

Investment Opportunity in West End Morristown - 9% Cap Rate Triplex on Nearly 1 Acre Located in a desirable area of West End Morristown, this well-positioned triplex sits on a spacious 0.94-acre lot and offers immediate cash flow with a current cap rate of approximately 9%. Each unit is separately metered and fully occupied, providing stable rental income with room for future growth. The property features ample parking, a large shared yard, and potential for expansion or value-add improvements. Whether you're a seasoned investor or looking to start your portfolio, this triplex presents a rare opportunity in a sought-after area close to schools, shopping, and major roadways.
MLS® Number708381
Laundry LevelLaundry Closet
Central VacNo
FireplaceNo
Acreage0.94
Exterior
GarageNo
Approx. Age1979
Basement
Driveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Jul 21, 2025List Date
$359,900List Price
  • Commute

Commute

Starting Address
Destination Address
5954 Hiawatha Rd, Morristown, TN

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