2309 Clancy Avenue, Morristown, TN 37814
- $229,900
- 4
- BD
- 2
- BA
- List Price
- $229,900
- MLS#
- 712856
- Status
- ACTIVE
- Type
- Multifamily
- City
- Morristown
- County
- Hamblen
- Bedrooms
- 4
- Bathrooms
- 2
- Lot Size
- 19,166
- Year Built
- 1970
Property Description
Turnkey income property at 2309 Clancy Ave! This side-by-side duplex offers two units, each with 2 bedrooms and 1 bath, all on one convenient level -- no stairs, easy maintenance, and appealing to a wide range of tenants. Currently performing at a strong 7 CAP, with upside potential to push into the 10-11 CAP range with strategic rent adjustments or minor improvements. A great addition for investors looking to grow their portfolio with immediate cash flow and room to increase returns. Ideally located on the east end of Morristown with easy access to the middle of town, this property puts tenants close to shopping, dining, and everyday amenities -- a location that supports strong occupancy and tenant retention. Whether you're expanding your rental portfolio or looking for a solid income-producing property with built-in upside, this duplex checks the boxes. Contact us today for financials and to schedule a showing!
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Additional Information
- Acres
- 0.44
- Appliances
- Electric Cooktop, Electric Oven, Refrigerator
- Cooling
- Central Air, Heat Pump
- Exterior Features
- Rain Gutters
- Lot Description
- City Lot
- Style
- Ranch
- Year Built
- 1970
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Agent: Steve Carpenter |
Office: RE/MAX Real Estate Ten Midtown |