1987 Joe Stephens Road, Morristown, TN 37814

bedrooms 3
bathrooms 2
|Townhouse
NZD $388,638
USD $218,000
Published on: 12 Sep 2025
Last updated on: 09 Oct 2026
1987 Joe Stephens Road, Morristown, TN 37814
1987 Joe Stephens Road, Morristown, TN 37814
1987 Joe Stephens Road, Morristown, TN 37814
+26
1987 Joe Stephens Road, Morristown, TN 37814
  • 26
Property ID: 110102197857
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Residential Income, Morristown, TN

1987 Joe Stephens Road, Morristown, TN 37814
This income-producing property generates a combined monthly rental income of $1,950, delivering immediate cash flow for investors from day one. Currently configured as a duplex with both apartments sharing electric and water meters, the setup supports efficient operation while maintaining strong rental performance. Offering both convenience and long-term flexibility, this property presents a solid opportunity for steady income and future upside. The versatile layout allows investors to continue operating the home as a multi-family rental or convert the property into a single-family residence with a private mother-in-law suite for added value. Additional features include a fenced backyard area and rear patio, enhancing tenant desirability and outdoor living space. With strong rental functionality and multiple possibilities for future use, this property presents an attractive opportunity for both seasoned investors and owner-occupants seeking supplemental income. Please contact the listing agent to schedule all showings.

Property Details

Basic Info

Property Type
Townhouse
Listing Status
Active
Land Size
3,520.77 m2
Year Built
1952
Rooms
3 bedroom(s), 2 bathroom(s)
Num Floors
1
County
Hamblen
Parcel ID
032
Provider
Lakeway Area Association of Realtors
Brokerage Office Name
The Cate Group, Realty & Property Management LLC
Address
1987 Joe Stephens Road, Morristown, TN 37814

Nearby Schools

TypeSchool nameDistrict name
HighWestNot available
ElementaryManleyNot available
MiddleWestviewNot available
JuniorhighWestviewNot available

Tax History

YearTax amount
2024USD $504NZD $899*

*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.

Contact Agent
Trey Cate
The Cate Group, Realty & Property Management LLC
303 Rocktown Road , Jefferson City, TN 37760
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Trey Cate
303 Rocktown Road , Jefferson City, TN 37760
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      Property ID: 110102197857

      Original Property ID: 3yd-LAARTN-708974
      Data provided by Lakeway Area Association of Realtors, MLS #: 708974
      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.
      Copyright © 2026 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.