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For sale
  • Price cut: $7K (10/29)
    $268,000

    1987 Joe Stephens Rd, Morristown, TN 37814

    3beds
    --sqft
    : 
    Duplex, Multi Family
    Built in 1952
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Patio behind the home
    This home is situated only minutes from downtown Morristown, but offers the peace and quiet that comes with living away from the city. Furthermore, this home is currently split into two apartments and can be left as a multi-family duplex, or could even be turned into a single-family residential home with a mother-in-law suite! Finally, this property comes with a fenced in area in the backyard, and a patio behind the home. Currently, the total monthly income for both apartments combined is $1,950. Please contact Listing Agent when requesting to show this property.
    117 days
    |
    354
    |
    23
    |

    Zillow last checked: 8 hours ago

    Listing updated: November 07, 2025 at 08:08am

    Listed by:

    Trey Cate 865-310-8786,

    The Cate Group, Realty & Property Management LLC 865-350-6411

    Source: Lakeway Area AOR,MLS#: 708974MLS Logo

    Tour with a local agent

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Central, Varies by Unit
    Cooling
    • Ceiling Fan(s), Central Air, Wall Unit(s)
    Appliances
    • Included: Dishwasher, Dryer, Electric Oven, Electric Range, Refrigerator, Washer
    • Laundry: Common Area, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Room
    Features
    • Flooring: Combination, Luxury Vinyl, Wood
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Finished area above ground: 1,736
    • Finished area below ground: 0

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Exterior features: Balcony, Rain Gutters
    • Fencing: Back Yard
    Lot
    • Size: 0.87 Acres
    Details
    • Parcel number: 032

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex, Multi Family
    Materials
    • Vinyl Siding
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • New construction: No
    • Year built: 1952

    Utilities & green energy

    • Electric: Circuit Breakers
    • Sewer: Septic Tank
    • Water: Public
    • Utilities for property: Electricity Connected, Water Connected

    Community & HOA

    Location
    • Region: Morristown

    Financial & listing details

    • Tax assessed value: $102,300
    • Annual tax amount: $503
    • Date on market: 9/11/2025
    • Inclusions: Kitchen Appliances: Refrigerator and stove Other: Washer and dryer
    • Tenant pays: All Utilities, Trash Collection
    • Electric utility on property: Yes
    • Road surface type: Paved
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    $1,542/mo

    Price history

    Price history
    DateEventPrice
    10/29/2025Price change$268,000-2.5%
    Source: Lakeway Area AOR #708974 Report a problem
    9/11/2025Listed for sale$275,000
    Source: Lakeway Area AOR #708974 Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax assessment
    2024$504 $25,575
    2023$504 $25,575
    2022$504 $25,575

    Find assessor info on the county website

    BuyAbility℠ payment

    Est. payment
    $1,461/mo
    Principal & interest
    $1280
    Home insurance
    $94
    Property taxes
    $87

      Climate risks

      Neighborhood: 37814

      Nearby schools

      GreatSchools rating
      Schools provided by the listing agent
      • Elementary: Manley
      • Middle: Westview
      • High: West

      Source: Lakeway Area AOR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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