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

separator

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.	$614,900	Airbnb cash on cash: 2.67% Traditional cash on cash: 3.88% Airbnb Rental Income: $3010 Traditional Rental Income: $3015 Airbnb ROI: 2.67% Traditional ROI: 3.88%
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.	$205,000	Airbnb cash on cash: 8.84% Traditional cash on cash: 5.52% Airbnb Rental Income: $2715 Traditional Rental Income: $1427 Airbnb ROI: 8.84% Traditional ROI: 5.52%
4981 Jay Street Morristown, TN Wonderful starter home with in highly desirable West End Morristown neighborhood. With 3 a...	3 beds \| 1 baths \| 1,956 sq.ft.	$244,900	Airbnb cash on cash: 7.53% Traditional cash on cash: 6.69% Airbnb Rental Income: $2715 Traditional Rental Income: $1880 Airbnb ROI: 7.53% Traditional ROI: 6.69%
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: 5.2% Traditional cash on cash: 5.71% Airbnb Rental Income: $1705 Traditional Rental Income: $1325 Airbnb ROI: 5.2% Traditional ROI: 5.71%
2637 Valley Home Road Morristown, TN Stunning E. TN home boasts 3 spacious bedrooms and 2 beautifully done bathrooms. The kitch...	3 beds \| 2 baths \| 2,798 sq.ft.	$450,000	Airbnb cash on cash: 3.43% Traditional cash on cash: 2.97% Airbnb Rental Income: $2715 Traditional Rental Income: $1880 Airbnb ROI: 3.43% Traditional ROI: 2.97%
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.	$229,900	Airbnb cash on cash: 7.85% Traditional cash on cash: 6.49% Airbnb Rental Income: $2715 Traditional Rental Income: $1777 Airbnb ROI: 7.85% Traditional ROI: 6.49%
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.	$499,900	Airbnb cash on cash: 2.75% Traditional cash on cash: 3.77% Airbnb Rental Income: $2715 Traditional Rental Income: $2552 Airbnb ROI: 2.75% Traditional ROI: 3.77%
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%
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.	$285,000	Airbnb cash on cash: 5.92% Traditional cash on cash: 6.29% Airbnb Rental Income: $2715 Traditional Rental Income: $2173 Airbnb ROI: 5.92% Traditional ROI: 6.29%
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: 9.16% Traditional cash on cash: 4.81% Airbnb Rental Income: $2715 Traditional Rental Income: $1252 Airbnb ROI: 9.16% 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: 4.23% Traditional cash on cash: 4.74% Airbnb Rental Income: $2715 Traditional Rental Income: $2261 Airbnb ROI: 4.23% Traditional ROI: 4.74%
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: 3.33% Traditional cash on cash: 3.86% Airbnb Rental Income: $2715 Traditional Rental Income: $2298 Airbnb ROI: 3.33% Traditional ROI: 3.86%
3583 Hardy Road Morristown, TN Come and see this newly remodeled double wide! Dreaming of country living , still close to...	3 beds \| 2 baths \| 1,404 sq.ft.	$394,990	Airbnb cash on cash: 4.22% Traditional cash on cash: 3.72% Airbnb Rental Income: $2715 Traditional Rental Income: $1886 Airbnb ROI: 4.22% Traditional ROI: 3.72%
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: 2.17% Traditional cash on cash: 3.8% Airbnb Rental Income: $3010 Traditional Rental Income: $3366 Airbnb ROI: 2.17% Traditional ROI: 3.8%
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: 2.68% Traditional cash on cash: 2.89% Airbnb Rental Income: $2715 Traditional Rental Income: $2169 Airbnb ROI: 2.68% Traditional ROI: 2.89%
1049 Greenway Drive Morristown, TN MOTIVATED SELLERS due to job transfer! Welcome to 1049 Greenway Dr in charming Morristown,...	3 beds \| 3 baths \| 2,243 sq.ft.	$329,900	Airbnb cash on cash: 4.69% Traditional cash on cash: 6.26% Airbnb Rental Income: $2715 Traditional Rental Income: $2562 Airbnb ROI: 4.69% Traditional ROI: 6.26%
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: 3.81% Airbnb Rental Income: $null Traditional Rental Income: $2781 Airbnb ROI: N/A Traditional ROI: 3.81%
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.	$354,400	Airbnb cash on cash: 4.61% Traditional cash on cash: 5.51% Airbnb Rental Income: $2715 Traditional Rental Income: $2373 Airbnb ROI: 4.61% Traditional ROI: 5.51%
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: 5.57% Traditional cash on cash: 4.67% Airbnb Rental Income: $2715 Traditional Rental Income: $1818 Airbnb ROI: 5.57% 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.	$222,900	Airbnb cash on cash: 8.12% Traditional cash on cash: 7.4% Airbnb Rental Income: $2715 Traditional Rental Income: $1923 Airbnb ROI: 8.12% Traditional ROI: 7.4%
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: 6.81% Traditional cash on cash: 4.72% Airbnb Rental Income: $2715 Traditional Rental Income: $1560 Airbnb ROI: 6.81% Traditional ROI: 4.72%
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: 3.77% Traditional cash on cash: 4.9% Airbnb Rental Income: $3010 Traditional Rental Income: $2807 Airbnb ROI: 3.77% Traditional ROI: 4.9%
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.	$289,900	Airbnb cash on cash: 6.02% Traditional cash on cash: 4.23% Airbnb Rental Income: $2715 Traditional Rental Income: $1584 Airbnb ROI: 6.02% Traditional ROI: 4.23%
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: 5.2% Traditional cash on cash: 5.12% Airbnb Rental Income: $2715 Traditional Rental Income: $2048 Airbnb ROI: 5.2% Traditional ROI: 5.12%
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: 4.6% Traditional cash on cash: 6.38% Airbnb Rental Income: $2715 Traditional Rental Income: $2656 Airbnb ROI: 4.6% Traditional ROI: 6.38%
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: 6.34% Traditional cash on cash: 4.9% Airbnb Rental Income: $2715 Traditional Rental Income: $1693 Airbnb ROI: 6.34% Traditional ROI: 4.9%
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: 3.18% Traditional cash on cash: 7.63% Airbnb Rental Income: $3010 Traditional Rental Income: $4397 Airbnb ROI: 3.18% Traditional ROI: 7.63%
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: 2.89% Airbnb Rental Income: $null Traditional Rental Income: $3534 Airbnb ROI: N/A Traditional ROI: 2.89%
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: 2.71% Airbnb Rental Income: $null Traditional Rental Income: $3380 Airbnb ROI: N/A Traditional ROI: 2.71%
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: 6.75% Traditional cash on cash: 5.41% Airbnb Rental Income: $2715 Traditional Rental Income: $1734 Airbnb ROI: 6.75% 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: 5.54% Traditional cash on cash: 6.59% Airbnb Rental Income: $3010 Traditional Rental Income: $2654 Airbnb ROI: 5.54% 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: 3.5% Traditional cash on cash: 4.43% Airbnb Rental Income: $1705 Traditional Rental Income: $1452 Airbnb ROI: 3.5% 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: 5.17% 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: 2.75% Traditional cash on cash: 3.3% Airbnb Rental Income: $3010 Traditional Rental Income: $2624 Airbnb ROI: 2.75% 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: 2.14% Traditional cash on cash: 5.68% Airbnb Rental Income: $3010 Traditional Rental Income: $4354 Airbnb ROI: 2.14% 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.	$659,900	Airbnb cash on cash: 2.05% Traditional cash on cash: 2.83% Airbnb Rental Income: $2715 Traditional Rental Income: $2556 Airbnb ROI: 2.05% Traditional ROI: 2.83%
2150 Joe Stephens Road Morristown, TN Escape to the tranquility of country living with this charming fully renovated two-bedroom...	2 beds \| 1 baths \| 948 sq.ft.	$607,500	Airbnb cash on cash: 0.84% Traditional cash on cash: 1.01% Airbnb Rental Income: $1705 Traditional Rental Income: $1324 Airbnb ROI: 0.84% Traditional ROI: 1.01%

Real Estate investment in Morristown, TN

There are 133 properties for sale in the city of Morristown . The median list price in Morristown is $320,070 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 $2,046.

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

There are 133 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 $2,715.

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.

$614,900

Airbnb cash on cash: 2.67%

Traditional cash on cash: 3.88%

Airbnb Rental Income: $3010

Traditional Rental Income: $3015

Airbnb ROI: 2.67%

Traditional ROI: 3.88%

1321 Urban Drive

Morristown, TN

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

$205,000

Airbnb cash on cash: 8.84%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $2715

Traditional Rental Income: $1427

Airbnb ROI: 8.84%

Traditional ROI: 5.52%

4981 Jay Street

Morristown, TN

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

$244,900

Airbnb cash on cash: 7.53%

Traditional cash on cash: 6.69%

Airbnb Rental Income: $2715

Traditional Rental Income: $1880

Airbnb ROI: 7.53%

Traditional ROI: 6.69%

2180 Brights Pike

Morristown, TN

2 beds | 1 baths | 720 sq.ft.

$189,000

Airbnb cash on cash: 5.2%

Traditional cash on cash: 5.71%

Airbnb Rental Income: $1705

Traditional Rental Income: $1325

Airbnb ROI: 5.2%

Traditional ROI: 5.71%

2637 Valley Home Road

Morristown, TN

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

$450,000

Airbnb cash on cash: 3.43%

Traditional cash on cash: 2.97%

Airbnb Rental Income: $2715

Traditional Rental Income: $1880

Airbnb ROI: 3.43%

Traditional ROI: 2.97%

1755 Pembrook Drive

Morristown, TN

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

$229,900

Airbnb cash on cash: 7.85%

Traditional cash on cash: 6.49%

Airbnb Rental Income: $2715

Traditional Rental Income: $1777

Airbnb ROI: 7.85%

Traditional ROI: 6.49%

312 Lochmere Greene Drive

Morristown, TN

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

$499,900

Airbnb cash on cash: 2.75%

Traditional cash on cash: 3.77%

Airbnb Rental Income: $2715

Traditional Rental Income: $2552

Airbnb ROI: 2.75%

Traditional ROI: 3.77%

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