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2014 Faulkner Rd, Morristown, TN 37814
2014 Faulkner Rd, Morristown, TN 37814
Sold for $318,000
2014 Faulkner Rd, Morristown, TN 37814
Sold for $318,000
2014 Faulkner Rd, Morristown, TN 37814
2014 Faulkner Rd, Morristown, TN 37814
2014 Faulkner Rd, Morristown, TN 37814
2014 Faulkner Rd, Morristown, TN 37814

2014 Faulkner Rd Morristown, TN 37814

$318,000

CLOSED
Beds
Baths
0
Sqft
2,592
Acres
0.37
Year
1966
Close Date
Sep 30, 2024
Property Type
Residential Income
Sub Type
Per Square Foot
$123
Date Listed
Jun 3, 2024

Description of 2014 Faulkner Rd, Morristown, TN 37814

Listing details for 2014 Faulkner Rd, Morristown, TN 37814 : Imagine buying a small apartment complex In the heart of Morristown, Tennessee where it will immediately bring in money from all THREE units. MAKE US AN OFFER! Feel free to drive by the triplex on Faulkner Rd. in Morristown. Please do not disturb the tenants. Rent rolls, pro forma numbers, leases, maintenance records, taxes, EVERYTHING can and will be provided after LOI or Purchase and Sale Agreement. 2,592 sq ft of the BUILDING taken from the tax records. 16,117 sq ft of PROPERTY taken from the tax records. Buyer to verify square footage. ALL utilities are in the tenants' name(s). Send us your offers ASAP! Type 2014 Faulkner Rd. Morristown, TN 37814 into your GPS to find the property. The units are 2014, 2016, and 2018. You will see 2018 first from the road. 3 units: 3 occupied Owner/ Agent representing herself/ partners Whitney Nicely East- Principal Broker 865 Investors, LLC Pro Forma Cap Rate: 5% Pro Forma NOI: $29,160 Current Cap Rate: 3.96% Current NOI: $17,820 2,592 sq ft of the BUILDING taken from the tax records. 16,117 sq ft of PROPERTY taken from the tax records. Buyer to verify square footage. Owner/ Agent representing herself/ partners Whitney Nicely East- Principal Broker 865 Investors, LLC
Listing Updated : 09-21-2026 at 8:14 AM CDT
Listing Provided By

Whitney East, 865 Investors, LLC

Properties displayed may be listed or sold by various participants in the MLS

Source

East Tennessee Realtors, MLS#: 1264979

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Property History

DateEventPrice
9/30/2024
Sold
$318,000 0%
$123/sqft
Source:Realtracs MLS #RTC3549707
9/30/2024
Sold
$318,000 -36.3%
$123/sqft
Source:East Tennessee Realtors #1264979
6/3/2024
Listed for sale
$499,000
$193/sqft
Source:Realtracs MLS #RTC3549707
6/3/2024
Listed for sale
—
Source:East Tennessee Realtors #1264979

Location of 2014 Faulkner Rd, Morristown, TN 37814

Streetview of 2014 Faulkner Rd, Morristown, TN 37814

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