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 Farm style house with amazing views within minutes to everything. Four bedrooms 3.5 bath h...	4 beds \| 4 baths \| 2,694 sq.ft.	$624,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.84% Airbnb Rental Income: $null Traditional Rental Income: $3034 Airbnb ROI: N/A Traditional ROI: 3.84%
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.	$224,900	Airbnb cash on cash: 7.78% Traditional cash on cash: 5.4% Airbnb Rental Income: $2662 Traditional Rental Income: $1522 Airbnb ROI: 7.78% Traditional ROI: 5.4%
2180 Brights Pike Morristown, TN Welcome home to this charming 2 bedroom, 1 bathroom gem in Morristown, TN! Conveniently lo...	2 beds \| 1 baths \| 720 sq.ft.	$189,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 5.71% Airbnb Rental Income: $1493 Traditional Rental Income: $1325 Airbnb ROI: 4.21% Traditional ROI: 5.71%
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%
228 LOCHMERE DR Morristown, TN Stunning Home in Lochmere Subdivision. Lochmere Subdivision has many amenities to include ...	4 beds \| 3 baths \| 4,671 sq.ft.	$729,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.13% Airbnb Rental Income: $null Traditional Rental Income: $2521 Airbnb ROI: N/A Traditional ROI: 2.13%
1508 Goodson Ave Morristown, TN A Lovely home is ready for you right behind downtown Morristown that is evergrowing! It is...	3 beds \| 2 baths \| 1,843 sq.ft.	$295,900	Airbnb cash on cash: 5.51% Traditional cash on cash: 5.99% Airbnb Rental Income: $2662 Traditional Rental Income: $2163 Airbnb ROI: 5.51% Traditional ROI: 5.99%
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: 8.93% Traditional cash on cash: 5.46% Airbnb Rental Income: $2662 Traditional Rental Income: $1374 Airbnb ROI: 8.93% Traditional ROI: 5.46%
5715 Academy Drive Morristown, TN Welcome to this enchanting property where nature and comfort meet! This charming home sits...	3 beds \| 3 baths \| 2,005 sq.ft.	$389,500	Airbnb cash on cash: 4.11% Traditional cash on cash: 4.86% Airbnb Rental Income: $2662 Traditional Rental Income: $2306 Airbnb ROI: 4.11% Traditional ROI: 4.86%
315 Virginia Ave Morristown, TN Built in 2019, this stunning 4-bedroom, 3.5-bathroom home is perfectly situated on almost ...	4 beds \| 4 baths \| 2,850 sq.ft.	$450,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.67% Airbnb Rental Income: $null Traditional Rental Income: $3058 Airbnb ROI: N/A Traditional ROI: 5.67%
3480 Lampkin Drive Morristown, TN BUY THIS HOME AND GET $22,000+ in savings GUARANTEED! Buy this awesome home with $0 Down a...	3 beds \| 1 baths \| 2,080 sq.ft.	$234,909	Airbnb cash on cash: 7.49% Traditional cash on cash: 5.72% Airbnb Rental Income: $2662 Traditional Rental Income: $1635 Airbnb ROI: 7.49% Traditional ROI: 5.72%
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 \| 1,891 sq.ft.	$454,999	Airbnb cash on cash: 3.23% Traditional cash on cash: 3.86% Airbnb Rental Income: $2662 Traditional Rental Income: $2298 Airbnb ROI: 3.23% Traditional ROI: 3.86%
5248 St Paul Road Morristown, TN This spacious ranch home has 3 bedrooms and 2 full baths. The Open Floor plan is a great f...	3 beds \| 2 baths \| 1,400 sq.ft.	$295,000	Airbnb cash on cash: 5.71% Traditional cash on cash: 4.95% Airbnb Rental Income: $2662 Traditional Rental Income: $1817 Airbnb ROI: 5.71% Traditional ROI: 4.95%
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.	$699,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $3329 Airbnb ROI: N/A Traditional ROI: 3.68%
911 Lennie Avenue Morristown, TN Cozy cottage-style living awaits in this centrally located 2-bedroom, 1-bathroom home. Min...	2 beds \| 1 baths \| 810 sq.ft.	$169,900	Airbnb cash on cash: 4.64% Traditional cash on cash: 6.24% Airbnb Rental Income: $1493 Traditional Rental Income: $1315 Airbnb ROI: 4.64% Traditional ROI: 6.24%
2593 Shoreline Vista Morristown, TN Breathtaking views of Cherokee Lake. This is the next best thing to lakefront without the ...	3 beds \| 2 baths \| 2,649 sq.ft.	$489,900	Airbnb cash on cash: 2.59% Traditional cash on cash: 3.03% Airbnb Rental Income: $2662 Traditional Rental Income: $2230 Airbnb ROI: 2.59% Traditional ROI: 3.03%
3815 High Oak Drive Morristown, TN Discover your new home conveniently located in Morristown, TN! This newly renovated proper...	5 beds \| 3 baths \| 4,769 sq.ft.	$575,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.4% Airbnb Rental Income: $null Traditional Rental Income: $2560 Airbnb ROI: N/A Traditional ROI: 3.4%
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.	$354,900	Airbnb cash on cash: 4.47% Traditional cash on cash: 5.33% Airbnb Rental Income: $2662 Traditional Rental Income: $2318 Airbnb ROI: 4.47% Traditional ROI: 5.33%
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: 5.41% Traditional cash on cash: 5.76% Airbnb Rental Income: $2662 Traditional Rental Income: $2128 Airbnb ROI: 5.41% Traditional ROI: 5.76%
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: 5.69% Airbnb Rental Income: $null Traditional Rental Income: $2631 Airbnb ROI: N/A Traditional ROI: 5.69%
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.	$222,900	Airbnb cash on cash: 7.91% Traditional cash on cash: 8.38% Airbnb Rental Income: $2662 Traditional Rental Income: $2129 Airbnb ROI: 7.91% Traditional ROI: 8.38%
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.	$260,000	Airbnb cash on cash: 6.63% Traditional cash on cash: 5.42% Airbnb Rental Income: $2662 Traditional Rental Income: $1732 Airbnb ROI: 6.63% Traditional ROI: 5.42%
3844 Lake Point Drive Morristown, TN This home is situated at the end of a private cul-de-sac and offers a lot of privacy. Enj...	3 beds \| 2 baths \| 1,696 sq.ft.	$599,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 2.27% Airbnb Rental Income: $2662 Traditional Rental Income: $1994 Airbnb ROI: 2.33% Traditional ROI: 2.27%
2444 N Economy Road Morristown, TN Lovely custom cape cod directly on hole 11 of the Morristown Country Club golf course. Bra...	4 beds \| 3 baths \| 4,620 sq.ft.	$459,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.92% Airbnb Rental Income: $null Traditional Rental Income: $2813 Airbnb ROI: N/A Traditional ROI: 4.92%
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.	$299,900	Airbnb cash on cash: 5.64% Traditional cash on cash: 4.43% Airbnb Rental Income: $2662 Traditional Rental Income: $1690 Airbnb ROI: 5.64% Traditional ROI: 4.43%
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: 5.06% Traditional cash on cash: 5.57% Airbnb Rental Income: $2662 Traditional Rental Income: $2184 Airbnb ROI: 5.06% Traditional ROI: 5.57%
2020 N Economy Road Morristown, TN This home is a Golfer's dream. The property is located just steps away from the Morristown...	3 beds \| 3 baths \| 2,620 sq.ft.	$349,000	Airbnb cash on cash: 4.47% Traditional cash on cash: 5.91% Airbnb Rental Income: $2662 Traditional Rental Income: $2501 Airbnb ROI: 4.47% Traditional ROI: 5.91%
3243 Cherokee Drive Morristown, TN Welcome to 3243 Cherokee Drive! A completely and meticulously renovated 3 bedroom, 2 full ...	3 beds \| 2 baths \| 1,401 sq.ft.	$279,900	Airbnb cash on cash: 6.18% Traditional cash on cash: 5.38% Airbnb Rental Income: $2662 Traditional Rental Income: $1820 Airbnb ROI: 6.18% Traditional ROI: 5.38%
1230 Dougherty Drive Morristown, TN Country Club West. Spacious home with over 6000 sq feet living area! Beautiful seasonal vi...	4 beds \| 5 baths \| 6,002 sq.ft.	$499,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.15% Airbnb Rental Income: $null Traditional Rental Income: $3704 Airbnb ROI: N/A Traditional ROI: 6.15%
1484 Windfield Drive Drive Morristown, TN the seller has just installed new LVP flooring over 1500 sqft in the basement, new carpet ...	5 beds \| 4 baths \| 5,000 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.74% Airbnb Rental Income: $null Traditional Rental Income: $3401 Airbnb ROI: N/A Traditional ROI: 2.74%
1484 Windfield Drive Morristown, TN the seller has just installed new LVP flooring over 1500 sqft in the basement, new carpet ...	5 beds \| 4 baths \| 5,000 sq.ft.	$899,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.68% Airbnb Rental Income: $null Traditional Rental Income: $3355 Airbnb ROI: N/A Traditional ROI: 2.68%
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: 6.57% Traditional cash on cash: 5.86% Airbnb Rental Income: $2662 Traditional Rental Income: $1847 Airbnb ROI: 6.57% Traditional ROI: 5.86%
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: N/A Traditional cash on cash: 6.59% Airbnb Rental Income: $null Traditional Rental Income: $2654 Airbnb ROI: N/A Traditional ROI: 6.59%
1030 Old Witt Road Morristown, TN This great 2 bedroom home has been completely remodeled interior and exterior. All NEW: fl...	2 beds \| 1 baths \| 900 sq.ft.	$249,000	Airbnb cash on cash: 2.75% Traditional cash on cash: 4.43% Airbnb Rental Income: $1493 Traditional Rental Income: $1452 Airbnb ROI: 2.75% Traditional ROI: 4.43%
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: 5.28% Airbnb Rental Income: $null Traditional Rental Income: $2794 Airbnb ROI: N/A Traditional ROI: 5.28%
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: N/A Traditional cash on cash: 3.15% Airbnb Rental Income: $null Traditional Rental Income: $2540 Airbnb ROI: N/A Traditional ROI: 3.15%
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: N/A Traditional cash on cash: 4.54% Airbnb Rental Income: $null Traditional Rental Income: $3698 Airbnb ROI: N/A Traditional ROI: 4.54%
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.	$659,900	Airbnb cash on cash: 1.97% Traditional cash on cash: 2.97% Airbnb Rental Income: $2662 Traditional Rental Income: $2643 Airbnb ROI: 1.97% Traditional ROI: 2.97%

Real Estate investment in Morristown, TN

There are 141 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 $156. In November 2024, the average monthly cash on cash return in Morristown is 5.00%. The average monthly rental income in Morristown is $2,110.

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

There are 141 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 $2,662.

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.

$624,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.84%

Airbnb Rental Income: $null

Traditional Rental Income: $3034

Airbnb ROI: N/A

Traditional ROI: 3.84%

1321 Urban Drive

Morristown, TN

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

$224,900

Airbnb cash on cash: 7.78%

Traditional cash on cash: 5.4%

Airbnb Rental Income: $2662

Traditional Rental Income: $1522

Airbnb ROI: 7.78%

Traditional ROI: 5.4%

2180 Brights Pike

Morristown, TN

2 beds | 1 baths | 720 sq.ft.

$189,000

Airbnb cash on cash: 4.21%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $1493

Traditional Rental Income: $1325

Airbnb ROI: 4.21%

Traditional ROI: 5.71%

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%

228 LOCHMERE DR

Morristown, TN

4 beds | 3 baths | 4,671 sq.ft.

$729,900

Airbnb cash on cash: N/A

Traditional cash on cash: 2.13%

Airbnb Rental Income: $null

Traditional Rental Income: $2521

Airbnb ROI: N/A

Traditional ROI: 2.13%

1508 Goodson Ave

Morristown, TN

3 beds | 2 baths | 1,843 sq.ft.

$295,900

Airbnb cash on cash: 5.51%

Traditional cash on cash: 5.99%

Airbnb Rental Income: $2662

Traditional Rental Income: $2163

Airbnb ROI: 5.51%

Traditional ROI: 5.99%

1841 Holston Valley Road

Morristown, TN

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

$199,000

Airbnb cash on cash: 8.93%

Traditional cash on cash: 5.46%

Airbnb Rental Income: $2662

Traditional Rental Income: $1374

Airbnb ROI: 8.93%

Traditional ROI: 5.46%

5715 Academy Drive

Morristown, TN

3 beds | 3 baths | 2,005 sq.ft.

$389,500

Airbnb cash on cash: 4.11%

Traditional cash on cash: 4.86%

Airbnb Rental Income: $2662

Traditional Rental Income: $2306

Airbnb ROI: 4.11%