$193,700
- 4 Beds
- 2 Baths
311 E 4th St, Morristown, TN 37814
Est. Refi. Payment $1,119/mo*
Refinance Your HomeCurrently Off Market - Sold Nov 24, 2025 for $185,000 (7% below list price)
Home Value
Trulia Estimate
$194KSince last month
Decreased$2K (-1.1%)Since last year
Decreased$300 (-0.2%)Since last sale
Increased$9K (+4.8%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $194K |
| July 2026 | $196K |
| June 2026 | $195K |
| May 2026 | $192K |
| April 2026 | $190K |
| March 2026 | $188K |
| February 2026 | $188K |
| January 2026 | $185K |
2025 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.00 | Multi-Family Home | $185,000 | 11/24/25 | 4 | 2 | 1,696 | |
0.94 | Multi-Family Home | $257,000 | 11/21/25 | 4 | 2 | 1,740 | |
0.95 | Multi-Family Home | $245,000 | 06/23/26 | 4 | 4 | - | |
0.96 | Multi-Family Home | $245,000 | 06/23/26 | 4 | 4 | - | |
0.77 | Multi-Family Home | $419,000 | 08/07/26 | 6 | 5 | 3,360 | |
0.62 | Multi-Family Home | $748,700 | 01/15/26 | 4 | 8 | 5,360 | |
0.73 | Multi-Family Home | $1,050,000 | 05/22/26 | 4 | 4 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | $185,000 | 4 | 2 | 1,696 | Recently Sold | |
0.08 | $349,500 | 4 | 4 | 4,800 | Off Market | |
0.07 | $218,700 | 3 | 2 | 1,379 | Off Market | |
0.06 | $439,000 | 4 | 2.5 | 2,524 | For Sale | |
0.10 | $217,500 | 3 | 1 | 1,350 | Off Market | |
0.08 | $23,000 | - | - | - | Recently Sold | |
0.12 | - | - | - | - | Off Market | |
0.08 | $379,500 | 4 | 2.5 | 3,410 | Off Market | |
0.11 | $218,700 | 3 | 2 | 1,726 | Off Market | |
0.12 | $210,000 | 4 | 2 | 1,475 | Recently Sold |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1949
About this House
Investor Alert in Downtown Morristown! Seize the chance to own a fully leased, cash-flowing duplex in the heart of Morristown. With a gross annual income of $22,800, low operating expenses, and a strong net income of $20,700, this property currently delivers an impressive 10.4% cap rate. Both units are secured with leases in place through August & September 2026, providing stable, long-term income for the next owner. Tenants enjoy off-street parking and a central location just minutes from shopping, dining, medical facilities, and all that downtown Morristown has to offer. Whether you're searching for your first investment property or looking to expand your portfolio, this duplex offers an affordable entry point with reliable returns. Opportunities like this don't last!
311 E 4th St, Morristown, TN 37814 is a 4 bedroom, 2 bathroom multi-family built in 1949. It last sold for $185,000 on Nov 24, 2025 (7% below the $199,900 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $193,700, with a rent estimate of $1,350/month.
Last check for updates: about 2 hours ago
Listed by Heather Walker, (423) 231-9766
RE/MAX Real Estate Ten Midtown
Bought with: Non Member, Non Member - Sales
Source: Lakeway Area AOR, MLS#709106

Home Details for 311 E 4th St
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Beds & Baths Number of Bedrooms: 4Number of Bathrooms: 2Number of Bathrooms (full): 2 |
Appliances & Utilities Utilities: Electricity Connected, Sewer Connected, Water ConnectedAppliances: Electric Oven, RefrigeratorLaundry: Electric Dryer Hookup,Washer HookupRefrigerator |
Heating & Cooling Heating: Electric,Heat PumpHas CoolingAir Conditioning: Electric,Heat PumpHas HeatingHeating Fuel: Electric |
Fireplace & Spa Fireplace: MetalHas a Fireplace |
Gas & Electric Has Electric on Property |
Windows, Doors, Floors & Walls Common Walls: 1 Common Wall |
Levels, Entrance, & Accessibility Stories: 1Levels: One |
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Frontage Road Frontage: City Street |
Water & Sewer Sewer: Public Sewer |
Finished Area Finished Area (above surface): 1696 Square Feet |
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Year Built Year Built: 1949 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Duplex, Multi FamilyStructure Type: DuplexArchitecture: Duplex |
Building Construction Materials: Vinyl SidingNot a New Construction |
Property Information Parcel Number: 027.00 |
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Price List Price: $199,900 |
Status Change & Dates Off Market Date: Tue Oct 28 2025Possession Timing: Close Of Escrow |
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MLS Status: Closed |
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Direction & Address City: Morristown |
School Information Elementary School: HillcrestJr High / Middle School: MeadowviewHigh School: East |
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Lot Area: 10018.8 sqft |
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Expense Tenant Pays: All Utilities |
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Owner Pays: Exterior Maintenance, HVAC Maintenance, Insurance, Repairs, Roof Maintenance, Taxes |
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Mls Number: 709106Above Grade Unfinished Area: 1696 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Nov 24, 2025 Source: Lakeway Area AOR #709106 | Sold | $185,000 |
Oct 28, 2025 Source: Lakeway Area AOR #709106 | Pending | $199,900 |
Sep 23, 2025 Source: Lakeway Area AOR #709106 | Listed For Sale | $199,900 |
Market trends in Morristown
Last updated July 2026
Avg. sale price
$284K
$2.18KMoM
Sale-to-List Price
98.9%
Price per sq ft
$176
$10MoM
Available listings
225
17MoM
Around this home
What Locals Say about Morristown
At least 273 Trulia users voted on each feature.
88 % Say car is needed
82 % Say parking is easy
81 % Say yards are well-kept
79 % Say there's holiday spirit
62 % Say it's dog friendly
61 % Say kids play outside
54 % Say it's quiet
53 % Say there's wildlife
52 % Say they plan to stay for at least 5 years
51 % Say neighbors are friendly
46 % Say people would walk alone at night
42 % Say streets are well-lit
34 % Say it's walkable to grocery stores
30 % Say there are sidewalks
25 % Say it's walkable to restaurants
21 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Frequently asked questions about 311 E 4th St
- What is 311 E 4th St estimated to be worth?Trulia's estimated value for 311 E 4th St in Morristown, TN is $193,700.
- What is the price history for 311 E 4th St?311 E 4th St in Morristown, TN last sold for $185,000 in November 2025.
- Is Morristown a buyer's or seller's market?Morristown is currently a buyer's market, based on recent for-sale activity.
- What's the median sale price in Morristown?The median sale price in Morristown is $284K. That is up $2.18K from the prior month.
- Does 311 E 4th St have air conditioning?Yes, 311 E 4th St in Morristown, TN has air conditioning.
- Does 311 E 4th St have laundry facilities?Yes, 311 E 4th St in Morristown, TN has laundry facilities.

