305-365 Barkley Landing Drive, Morristown, TN 37813

$2,500,000

Property Type: Multi-Family Square Footage: 12,801 Status: Closed

Current Price: $2,500,000 List Date: 6/14/2025 Last Modified: 2/11/2026

Overview

Description

Brand New Construction Multi-Family Investment Property - 12 Fully Leased Units in Morristown, TN Introducing an outstanding investment opportunity with three newly built 4-unit apartment buildings in the thriving market of Morristown, Tennessee. Completed in 2024, this brand new construction multi-family asset features 12 spacious, tenant-occupied units offering immediate income and long-term growth potential. Each unit boasts a well-designed 3-bedroom, 2-bathroom floor plan with 1,054 square feet of living space, offering modern interiors, open layouts, and durable finishes. Every building includes one ADA-compliant, handicap-accessible unit, enhancing accessibility and broadening tenant appeal. Property Highlights: - Total of 12 units (3 buildings with 4 units each) - Each unit: 3 bedrooms / 2 bathrooms / 1,054 sq. ft. - One handicap-accessible unit per building (3 total) - Fully leased - stabilized with immediate rental income - Completed in 2024 - low-maintenance, ... (Read more)

Listing Details MLS# 1304724

Location Tax Legal Info

House #: 305-365
Street Name: Barkley Landing
St Suffix: Drive
State/Province: TN
Zip Code: 37813
PIN #: 042J C 010.00
Subdivision: BARKLEY LANDING APTS REV LOTS 9,10,11,12

Contract Info

Auction Y/N: No
Listing Price: 2700000

General Property Description

SqFt - Total (Aprox): 12801
Lot Dimensions: 300x150
Number of Units: 12
Utilities/Mo Avg: 180
Year Built: 2024
Property Status: N/A
Driveway: Yes

Status Change Info

Status Change Date: 2026-02-10
Under Contract Date: 2025-10-16
Sold Date: 2026-02-09

More Information

Property Features

Property Sub-Type: Apartment; Four Plex Type of Units: 3 or more Bdrm Units; Handicap; Unfurnished Sale Includes: Building and Land; No Furnishings Floors: Other Tenant Expenses: Electricity; Sewer; Tenant Pays All Util; Trash Collection; Water Owner Expenses: Electricity; HVAC Maintenance; Insurance; Lawn Maintenance; Leasing Fees; Taxes Fuel: Electric Heat: Central Cooling: Ceiling Fan(s); Central Cooling Appliances: Dishwasher; Microwave; Range; Refrigerator; Self Cleaning Oven; Smoke Detector Construction: Frame Roof: Shingle Siding: Vinyl Exterior Features: Balcony; Cable Available (TV Only); Deck; Handicap Accessible; Patio Misc Features: Internet Available; Pantry; Washer/Dryer Connect; Wired for DSL; Wired for Internet Other Rooms: Family Room Miscellaneous: Balcony; Patio; TV Cable Available; Utility Room; Washer/Dryer Cnctns New Financing: Call Listing Agent; Cash; Conventional; Exchange

IDX

Listing Office: Prime Mountain Properties

Last Updated: February - 11 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

305-365 Barkley Landing Drive, Morristown, TN 37813 (MLS# 1304724)