Real Estate Investment Properties for Sale in Morristown, TN

Looking for investment property in Morristown, TN with high ROI ?

Explore a variety of short-term homes & houses in Morristown, TN. Invest wisely with VRBO & Morristown, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Morristown, TN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
1011 ashley Court Morristown, TN Nestled in the scenic heart of Morristown, TN, this exquisite farm-style home offers some ...	4 beds \| 4 baths \| 2,694 sq.ft.	$599,000	Airbnb cash on cash: 2.93% Traditional cash on cash: 4.01% Airbnb Rental Income: $3117 Traditional Rental Income: $3015 Airbnb ROI: 2.93% Traditional ROI: 4.01%
1321 Urban Drive Morristown, TN Charming 3 bed/ 1 bath ranch home located in the heart of Morristown. A split-bedroom floo...	3 beds \| 1 baths \| 1,296 sq.ft.	$199,900	Airbnb cash on cash: 8.63% Traditional cash on cash: 5.68% Airbnb Rental Income: $2611 Traditional Rental Income: $1427 Airbnb ROI: 8.63% Traditional ROI: 5.68%
4981 Jay Street Morristown, TN Wonderful starter home with in highly desirable West End Morristown neighborhood.New roof,...	3 beds \| 1 baths \| 1,956 sq.ft.	$242,400	Airbnb cash on cash: 7.23% Traditional cash on cash: 5.85% Airbnb Rental Income: $2611 Traditional Rental Income: $1670 Airbnb ROI: 7.23% Traditional ROI: 5.85%
2637 Valley Home Road Morristown, TN Stunning east TN home boasts 3 spacious bedrooms and 2 beautifully updated bathrooms. The ...	3 beds \| 2 baths \| 2,798 sq.ft.	$450,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 4.16% Airbnb Rental Income: $2611 Traditional Rental Income: $2381 Airbnb ROI: 3.22% Traditional ROI: 4.16%
1755 Pembrook Drive Morristown, TN Charming One-Level Brick Rancher in Morristown, TNWelcome to this delightful all-brick, on...	3 beds \| 2 baths \| 1,479 sq.ft.	$214,900	Airbnb cash on cash: 8.03% Traditional cash on cash: 7% Airbnb Rental Income: $2611 Traditional Rental Income: $1777 Airbnb ROI: 8.03% Traditional ROI: 7%
312 Lochmere Greene Drive Morristown, TN Are you ready to live your best life? This gorgeous property offers everything you need! F...	3 beds \| 3 baths \| 2,947 sq.ft.	$494,900	Airbnb cash on cash: 2.6% Traditional cash on cash: 3.82% Airbnb Rental Income: $2611 Traditional Rental Income: $2552 Airbnb ROI: 2.6% Traditional ROI: 3.82%
3016 Valley Home Road Morristown, TN Very nice updated duplex in country setting located between Morristown & Dandridge on Vall...	4 beds \| 5 baths \| 2,016 sq.ft.	$379,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.6% Airbnb Rental Income: $null Traditional Rental Income: $2873 Airbnb ROI: N/A Traditional ROI: 6.6%
1841 Holston Valley Road Morristown, TN Great starter home, retirement home or an investors dream! Seemingly quiet street. Home ha...	3 beds \| 1 baths \| 1,000 sq.ft.	$199,000	Airbnb cash on cash: 8.7% Traditional cash on cash: 4.81% Airbnb Rental Income: $2611 Traditional Rental Income: $1252 Airbnb ROI: 8.7% Traditional ROI: 4.81%
5715 Academy Drive Morristown, TN Open House-This Sunday- November 17th 2-4, come check it out! Welcome to this enchanting p...	3 beds \| 3 baths \| 2,005 sq.ft.	$389,500	Airbnb cash on cash: 3.99% Traditional cash on cash: 4.74% Airbnb Rental Income: $2611 Traditional Rental Income: $2261 Airbnb ROI: 3.99% Traditional ROI: 4.74%
2465 Locust Grove Court Morristown, TN Looking for your first home or forever home, then look no further! This 3BR 2 BA has had m...	3 beds \| 2 baths \| 1,120 sq.ft.	$179,000	Airbnb cash on cash: 9.91% Traditional cash on cash: 6.99% Airbnb Rental Income: $2611 Traditional Rental Income: $1490 Airbnb ROI: 9.91% Traditional ROI: 6.99%
905 Pinewood Circle Morristown, TN Charming is the only word that comes to mind for this home. Spacious home with all 3 bedro...	3 beds \| 2 baths \| 2,360 sq.ft.	$425,000	Airbnb cash on cash: 3.56% Traditional cash on cash: 4.4% Airbnb Rental Income: $2611 Traditional Rental Income: $2321 Airbnb ROI: 3.56% Traditional ROI: 4.4%
1212 W 6th North Street Morristown, TN PRICE REDUCTION! You will love ''Whispering Oak''! Beautiful stately house that has been c...	3 beds \| 2 baths \| 3,782 sq.ft.	$454,999	Airbnb cash on cash: 3.13% Traditional cash on cash: 3.86% Airbnb Rental Income: $2611 Traditional Rental Income: $2298 Airbnb ROI: 3.13% Traditional ROI: 3.86%
1323 Prado Drive Morristown, TN Nice brick home on corner of Prado and Fairmont Ave. Interior updates in 2021 included la...	3 beds \| 2 baths \| 1,400 sq.ft.	$232,900	Airbnb cash on cash: 7.15% Traditional cash on cash: 6.11% Airbnb Rental Income: $2611 Traditional Rental Income: $1758 Airbnb ROI: 7.15% Traditional ROI: 6.11%
1100 Clarence Lane Morristown, TN Beautiful brick basement rancher looking for new owners! A natural gas heated garage lead...	3 beds \| 3 baths \| 3,642 sq.ft.	$499,900	Airbnb cash on cash: 2.88% Traditional cash on cash: 3.31% Airbnb Rental Income: $2611 Traditional Rental Income: $2190 Airbnb ROI: 2.88% Traditional ROI: 3.31%
1645 Cordell Hull Drive Morristown, TN Back on the market at no fault of the seller. Enjoy spectacular mountain views from this b...	4 beds \| 4 baths \| 4,566 sq.ft.	$689,900	Airbnb cash on cash: 2.31% Traditional cash on cash: 3.8% Airbnb Rental Income: $3117 Traditional Rental Income: $3366 Airbnb ROI: 2.31% Traditional ROI: 3.8%
2593 Shoreline Vista Morristown, TN This 2023-built ranch home at 2593 Shoreline Vista offers a rare combination of luxurious ...	3 beds \| 2 baths \| 2,649 sq.ft.	$500,000	Airbnb cash on cash: 2.74% Traditional cash on cash: 3.13% Airbnb Rental Income: $2611 Traditional Rental Income: $2169 Airbnb ROI: 2.74% Traditional ROI: 3.13%
5130 Aspen Ave Morristown, TN Gorgeous 4 Bedroom, / 3 Bath like new home! Step into this stunning home built in 2021 loc...	4 beds \| 3 baths \| 2,529 sq.ft.	$569,900	Airbnb cash on cash: 2.8% Traditional cash on cash: 3.24% Airbnb Rental Income: $3117 Traditional Rental Income: $2643 Airbnb ROI: 2.8% Traditional ROI: 3.24%
524 Cliff Street Morristown, TN Better than new! Sellers took an already awesome house and made several upgrades making th...	3 beds \| 3 baths \| 2,164 sq.ft.	$334,900	Airbnb cash on cash: 4.66% Traditional cash on cash: 5.88% Airbnb Rental Income: $2611 Traditional Rental Income: $2373 Airbnb ROI: 4.66% Traditional ROI: 5.88%
539 Cliff Street Morristown, TN Well maintained home with 3 bedrooms and 2.5 baths. Open concept with living room, kitche...	3 beds \| 3 baths \| 1,424 sq.ft.	$299,900	Airbnb cash on cash: 5.26% Traditional cash on cash: 4.67% Airbnb Rental Income: $2611 Traditional Rental Income: $1818 Airbnb ROI: 5.26% Traditional ROI: 4.67%
1816 Riverstone Crescent Morristown, TN Welcome to this amazing two-story home nestled on a cul-de-sac lot in one of Morristown's ...	5 beds \| 3 baths \| 2,613 sq.ft.	$365,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.99% Airbnb Rental Income: $null Traditional Rental Income: $2733 Airbnb ROI: N/A Traditional ROI: 5.99%
2137 Highview Drive Morristown, TN Welcome to your next family home at 2037 Highview Drive, Morristown, TN, 37813! This charm...	3 beds \| 3 baths \| 1,758 sq.ft.	$219,900	Airbnb cash on cash: 7.82% Traditional cash on cash: 7.51% Airbnb Rental Income: $2611 Traditional Rental Income: $1923 Airbnb ROI: 7.82% Traditional ROI: 7.51%
1295 Celeste Avenue Morristown, TN Very nice rancher, well maintained. 3 bedrooms, 2 full baths. Laundry has it's own room on...	3 beds \| 2 baths \| 1,260 sq.ft.	$269,900	Airbnb cash on cash: 6.19% Traditional cash on cash: 4.51% Airbnb Rental Income: $2611 Traditional Rental Income: $1560 Airbnb ROI: 6.19% Traditional ROI: 4.51%
2040 Eagle Trail Morristown, TN Welcome to 2040 Eagle Trail in Morristown, TN! Built in 2022, this charming 3-bedroom, 2-b...	3 beds \| 2 baths \| 1,120 sq.ft.	$279,900	Airbnb cash on cash: 5.94% Traditional cash on cash: 4.41% Airbnb Rental Income: $2611 Traditional Rental Income: $1584 Airbnb ROI: 5.94% Traditional ROI: 4.41%
800 Pinewood Circle Morristown, TN Lovely brick home nestled in nice neighborhood close to Panther Creek State Park. Large l...	3 beds \| 2 baths \| 2,041 sq.ft.	$324,900	Airbnb cash on cash: 4.92% Traditional cash on cash: 5.12% Airbnb Rental Income: $2611 Traditional Rental Income: $2048 Airbnb ROI: 4.92% Traditional ROI: 5.12%
3243 Cherokee Drive Morristown, TN Welcome to 3243 Cherokee Drive!This beautifully renovated 3-bedroom, 2-bathroom ranch offe...	3 beds \| 2 baths \| 1,401 sq.ft.	$274,900	Airbnb cash on cash: 6.14% Traditional cash on cash: 5.01% Airbnb Rental Income: $2611 Traditional Rental Income: $1693 Airbnb ROI: 6.14% Traditional ROI: 5.01%
1528 River Path Morristown, TN New home almost complete in the up and coming Spencer on the river subdivision in Hamblen ...	3 beds \| 2 baths \| 1,475 sq.ft.	$269,900	Airbnb cash on cash: 6.41% Traditional cash on cash: 5.41% Airbnb Rental Income: $2611 Traditional Rental Income: $1734 Airbnb ROI: 6.41% Traditional ROI: 5.41%
717 Masengill Avenue Morristown, TN 4 spacious bedrooms and 2 1/2 bathrooms conveniently located so that you are minutes from ...	4 beds \| 3 baths \| 2,264 sq.ft.	$339,900	Airbnb cash on cash: 5.82% Traditional cash on cash: 6.59% Airbnb Rental Income: $3117 Traditional Rental Income: $2654 Airbnb ROI: 5.82% Traditional ROI: 6.59%
1304 Bales Drive Morristown, TN Open House Sunday 11/10/ 24 2pm to 4pm. Rare opportunity to own your dream home situated o...	5 beds \| 3 baths \| 4,200 sq.ft.	$425,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.17% Airbnb Rental Income: $null Traditional Rental Income: $2751 Airbnb ROI: N/A Traditional ROI: 5.17%
1097 Hickory View Drive Morristown, TN Here it is! This elegant, move-in ready home is in a great neighborhood. just minutes away...	4 beds \| 3 baths \| 3,375 sq.ft.	$599,900	Airbnb cash on cash: 2.91% Traditional cash on cash: 3.3% Airbnb Rental Income: $3117 Traditional Rental Income: $2624 Airbnb ROI: 2.91% Traditional ROI: 3.3%
4085 Wellington Boulevard Morristown, TN The epitome of luxury living at 4085 Wellington Blvd in the prestigious Wellington Place s...	4 beds \| 5 baths \| 4,658 sq.ft.	$615,000	Airbnb cash on cash: 2.3% Traditional cash on cash: 5.68% Airbnb Rental Income: $3117 Traditional Rental Income: $4354 Airbnb ROI: 2.3% Traditional ROI: 5.68%
3675 Ida Moyers Road Morristown, TN UPDATE! This home is back on the market at no fault of the sellers!This beautifully renov...	3 beds \| 3 baths \| 2,846 sq.ft.	$649,900	Airbnb cash on cash: 1.95% Traditional cash on cash: 2.89% Airbnb Rental Income: $2611 Traditional Rental Income: $2556 Airbnb ROI: 1.95% Traditional ROI: 2.89%
224 Scenic Drive Morristown, TN Beautiful 3 bedroom, 1 bath, living,dining, room combination, orginal hardwood floors tha...	3 beds \| 1 baths \| 1,560 sq.ft.	$274,900	Airbnb cash on cash: 5.97% Traditional cash on cash: 4.54% Airbnb Rental Income: $2611 Traditional Rental Income: $1616 Airbnb ROI: 5.97% Traditional ROI: 4.54%
1767 Old Liberty Hill Road Morristown, TN Welcome to this charming 3-bedroom, 1-bath home, nestled on a generous .42-acre lot. Spann...	3 beds \| 1 baths \| 1,120 sq.ft.	$249,900	Airbnb cash on cash: 6.71% Traditional cash on cash: 3.82% Airbnb Rental Income: $2611 Traditional Rental Income: $1306 Airbnb ROI: 6.71% Traditional ROI: 3.82%
716 White Oak Circle Morristown, TN Floor Plans are available in the photos. Wonderful opportunity to own a beautiful home in ...	5 beds \| 2 baths \| 2,796 sq.ft.	$399,999	Airbnb cash on cash: N/A Traditional cash on cash: 5.33% Airbnb Rental Income: $null Traditional Rental Income: $2614 Airbnb ROI: N/A Traditional ROI: 5.33%
523 WALTERS DRIVE Morristown, TN Great investment opportunity or chance to own a home centrally located in the heart of Mor...	2 beds \| 1 baths \| 768 sq.ft.	$158,400	Airbnb cash on cash: 6.71% Traditional cash on cash: 5.59% Airbnb Rental Income: $1800 Traditional Rental Income: $1142 Airbnb ROI: 6.71% Traditional ROI: 5.59%
1876 Rosa Circle Morristown, TN I'm 1876 Rosa Circle, and I'm thrilled to finally introduce myself! For the first time eve...	3 beds \| 3 baths \| 3,494 sq.ft.	$325,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 5.07% Airbnb Rental Income: $2611 Traditional Rental Income: $2164 Airbnb ROI: 4.49% Traditional ROI: 5.07%
509 West Louise Avenue Morristown, TN Welcome to this beautifully remodeled bungalow, situated on a spacious double lot within M...	3 beds \| 3 baths \| 2,330 sq.ft.	$344,900	Airbnb cash on cash: 4.72% Traditional cash on cash: 6.95% Airbnb Rental Income: $2611 Traditional Rental Income: $2711 Airbnb ROI: 4.72% Traditional ROI: 6.95%
202 Bushong Avenue Morristown, TN Nestled on a level half-acre lot at the corner of Magnolia and Bushong Avenue, this deligh...	3 beds \| 2 baths \| 1,493 sq.ft.	$269,900	Airbnb cash on cash: 6.15% Traditional cash on cash: 6.12% Airbnb Rental Income: $2611 Traditional Rental Income: $1978 Airbnb ROI: 6.15% Traditional ROI: 6.12%
2018 Southwood Circle Morristown, TN Welcome to the Robie floorplan in Southwood in Morristown. This two-story home features an...	5 beds \| 3 baths \| 2,361 sq.ft.	$326,125	Airbnb cash on cash: N/A Traditional cash on cash: 7.25% Airbnb Rental Income: $null Traditional Rental Income: $2863 Airbnb ROI: N/A Traditional ROI: 7.25%

Real Estate investment in Morristown, TN

There are 124 properties for sale in the city of Morristown . The median list price in Morristown is $310,480 and the average price per square foot is $152. In December 2024, the average monthly cash on cash return in Morristown is 5.00%. The average monthly rental income in Morristown is $2,079.

Morristown, TN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 124 investment properties available for sale in Morristown.

In 2024, the best neighborhood to buy investment property is Morristown.

The ROI for Short-Term is higher than the Long-Term in Morristown with average rental income of $2,611.

Your search for investment property begins and ends here

Investment Property for Sale in Morristown, TN

1011 ashley Court

Morristown, TN

4 beds | 4 baths | 2,694 sq.ft.

$599,000

Airbnb cash on cash: 2.93%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $3117

Traditional Rental Income: $3015

Airbnb ROI: 2.93%

Traditional ROI: 4.01%

1321 Urban Drive

Morristown, TN

3 beds | 1 baths | 1,296 sq.ft.

$199,900

Airbnb cash on cash: 8.63%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $2611

Traditional Rental Income: $1427

Airbnb ROI: 8.63%

Traditional ROI: 5.68%

4981 Jay Street

Morristown, TN

3 beds | 1 baths | 1,956 sq.ft.

$242,400

Airbnb cash on cash: 7.23%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $2611

Traditional Rental Income: $1670

Airbnb ROI: 7.23%

Traditional ROI: 5.85%

2637 Valley Home Road

Morristown, TN

3 beds | 2 baths | 2,798 sq.ft.

$450,000

Airbnb cash on cash: 3.22%

Traditional cash on cash: 4.16%

Airbnb Rental Income: $2611

Traditional Rental Income: $2381

Airbnb ROI: 3.22%

Traditional ROI: 4.16%

1755 Pembrook Drive

Morristown, TN

3 beds | 2 baths | 1,479 sq.ft.

$214,900

Airbnb cash on cash: 8.03%

Traditional cash on cash: 7%

Airbnb Rental Income: $2611

Traditional Rental Income: $1777

Airbnb ROI: 8.03%

Traditional ROI: 7%

312 Lochmere Greene Drive

Morristown, TN

3 beds | 3 baths | 2,947 sq.ft.

$494,900

Airbnb cash on cash: 2.6%

Traditional cash on cash: 3.82%

Airbnb Rental Income: $2611

Traditional Rental Income: $2552

Airbnb ROI: 2.6%

Traditional ROI: 3.82%

3016 Valley Home Road

Morristown, TN

4 beds | 5 baths | 2,016 sq.ft.

$379,000

Airbnb cash on cash: N/A

Traditional cash on cash: 6.6%

Airbnb Rental Income: $null

Traditional Rental Income: $2873

Airbnb ROI: N/A

Traditional ROI: 6.6%

1841 Holston Valley Road

Morristown, TN

3 beds | 1 baths | 1,000 sq.ft.

$199,000

Airbnb cash on cash: 8.7%

Traditional cash on cash: 4.81%

Airbnb Rental Income: $2611

Traditional Rental Income: $1252

Airbnb ROI: 8.7%