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1215 Shields Ferry Rd Morristown TN 37814US4 Bed, 8.00 Bath (8 Full Bath), 1317448
1215 Shields Ferry Rd MorristownTN37814
775000.0000 1/1/1900 12:00:00 AM
Realty Executives East Tennessee Realtors
1332 Tusculum BlvdGreenevilleTN37745
423-639-3465
1 /

Courtesy of: Solange Velas, Goldman Partners Realty, LLC, svelas@gprknoxville.com

1215 Shields Ferry Rd
Morristown TN 37814 US

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1 /

Courtesy of: Solange Velas, Goldman Partners Realty, LLC, svelas@gprknoxville.com

Realty Executives East Tennessee Realtors
1332 Tusculum Blvd
Greeneville, TN, US 37745
423-639-3465

Get more info about this property

1215 Shields Ferry Rd
Morristown TN 37814 US

$775,000

Pending Listing ID 1317448
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4 bed
bath icon
8.00 Bath (8 Full)
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Lot: 0.41 Acres
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Other

$775,000

Pending Listing ID 1317448
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1215 Shields Ferry Rd RARE EIGHT PLEX IN MORRISTOWN - FULLY RENTED - NEW ROOF - 7.2 CAP RATE!!! This fully rented 8 unit complex offers a strong investment opportunity in a prime location, just minutes away from Walmart and other essential amenities that tenants desire. Built in 1976, the property has been well maintained and is ready for its next owner. This property has undergone recent updates including a new roof with 6 inch gutters, new windows, fresh appliances and unit flooring. Two units have ductless mini splits and the rest have PTAC systems and all units come with washer/dryer connections, stoves and refrigerators. Tenants pay a flat fee for Seller provided WiFi and water and additionally tenants pay their own electric and trash. With its location near major retail and dining options, and access to highways and public services, this 8 unit is an ideal addition to your portfolio. No sign on property and we respectively request that you do not disturb the tenants.

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Property Features

  • Facts
  • Lot Size: 0.41 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 8
  • Cooling System: Zoned, Wall Unit(s)
  • Floor Covering: Vinyl, Laminate
  • Roof Type: Composition
  • Heating Fuels: Zoned, Electric (Heating)
  • Additional Features
  • Patio

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 775000
  • unparsedaddress: 1215 Shields Ferry Rd
  • postalcity: Morristown
  • stateorprovince: TN
  • country: US
  • postalcode: 37814
  • bathroomsfull: 8
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.41
  • lotsizeunits: Acres
  • lotsizearea: 0.41
  • livingarea: 5360
  • livingareaunits: Square Feet
  • latitude: 36.227084
  • longitude: -83.295219
  • listagentfullname: Solange Velas
  • listagentemail: svelas@gprknoxville.com
  • listagentkey: 3yd-KAARMLSTN-7920
  • listagentmlsid: 7920
  • listagentpreferredphone: (865) 444-3241
  • listagentofficephone: 8653682787
  • listofficekey: 3yd-KAARMLSTN-2120
  • listofficemlsid: 2120
  • disclaimer: Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: KAARMLSTN
  • yearbuilt: 1976
  • listingcontractdate: 2025-10-03
  • listagentfax: 8655880721
  • listagenturl: http://www.gprknoxville.com
  • countyorparish: Hamblen County - 38
  • parcelnumber: 033D I 011.02
  • appliances: Range, Refrigerator
  • cooling: Zoned, Wall Unit(s)
  • constructionmaterials: Brick, Block
  • flooring: Vinyl, Laminate
  • heating: Zoned, Electric (Heating)
  • numberofunitstotal: 8
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: None
  • rooms: Bathroom 8, Bathroom 6, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 1, Bathroom 5, Bedroom 2, Bathroom 2, Bathroom 7, Bathroom 4, Bedroom 4
  • patioandporchfeatures: Patio
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -83.29522, 36.227085
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Goldman Partners Realty, LLC", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"svelas@gprknoxville.com", "ListBrokerageCity":"Knoxville", "ListBrokerageCountry":"US", "ListBrokerageEmail":"sgoldman@gprknoxville.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/KAARMLSTN/db2f15c259cd11e28ee7123139309ba3/20201112200223938.png", "ListBrokerageName":"Goldman Partners Realty, LLC", "ListBrokeragePhone":"(865) 444-3241", "ListBrokeragePostalCode":"37919", "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"109 Circle Ln", "ListBrokerageWebsiteUrl":"http://www.gprknoxville.com", "ListOfficeAddress1":"109 Circle Lane ", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"2120", "ListOfficeCity":"Knoxville", "ListOfficeCountry":"USA", "ListOfficeEmail":"sgoldman@gprknoxville.com", "ListOfficePostalCode":"37919", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - Morristown, TN", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/1215-Shields-Ferry-Rd_Morristown_TN_37814_M90567-26091?f=listhub&s=KAARMLSTN&m=1317448&c=rexren", "MLSModificationTimestamp":"2025-10-19 15:39:51", "Neighborhoods":[{"Description":null, "Name":"Hall Ray D Prop"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":1971, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/19/2025 3:51:13 PM GMT
Source Updated Date: 12/6/2025 6:41:39 AM GMT

Courtesy of: Solange Velas, Goldman Partners Realty, LLC, svelas@gprknoxville.com

Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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