SOLD JAN 15, 2026

Off market jan 2026 for $748K

—

Est. refi paymentEst. refi $4,623/mo

•

— ba

•

5,360

sq ft

1215 Shields Ferry Rd, Morristown, TN 37814

About this home

RARE EIGHT PLEX IN MORRISTOWN - FULLY RENTED - NEW ROOF - 7.2 CAP RATE!!! This fully rented 8 unit complex offers a strong investment opportunity in a prime location, just minutes away from Walmart and other essential amenities that tenants desire. Built in 1976, the property has been well maintained and is ready for its next owner. This property has undergone recent updates including a new roof with 6 inch gutters, new windows, fresh appliances and unit flooring. Two units have ductless mini splits and the rest have PTAC systems and all units come with washer/dryer connections, stoves and refrigerators. Tenants pay a flat fee for Seller provided WiFi and water and additionally tenants pay their own electric and trash. With its location near major retail and dining options, and access to highways and public services, this 8 unit is an ideal addition to your portfolio. No sign on property and we respectively request that you do not disturb the tenants.

Multi-familyProperty Type

1976Year Built

0.41 acresLot Size

$140Price/Sq.Ft.

Listed by Solange Velas • Goldman Partners Realty, LLC

•865-368-2787 (agent)

•svelas@gprknoxville.com (agent)

•865-444-3240 (broker)

•sgoldman@gprknoxville.com (broker)

Listed by Sakaylea Sanders • Goldman Partners Realty, LLC

•865-444-3240 (broker)

•sgoldman@gprknoxville.com (broker)

Bought with Alex Rodriguez • eXp Realty, LLC

•888-519-5113 (broker)

•tn.broker@exprealty.net (broker)

Redfin checked: 2 minutes ago

•Source:Knoxville MLS #1317448

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 37814, TN

Last updated October 2026

Buyer's Market

Seller's Market

Balanced market

Sale-to-list price

97.0%

0.4% MoM

Median sale price

$330K

$7K MoM

Avg. days on market

54d

8 days MoM

Recently sold homes

113

12 MoM

New listings for sale

NEW 13 HRS AGO
$179,000
2 beds1 bath696 sq ft
1505 Old Oak Ln, Morristown, TN 37814
3D WALKTHROUGH
$385,000
3 beds2.5 baths3,016 sq ft
660 Brentwood Dr, Morristown, TN 37814
$350,000
4 beds2 baths1,740 sq ft
509 Barton Dr, Morristown, TN 37814
$365,000
4 beds2.5 baths2,322 sq ft
504 Mccrary Dr, Morristown, TN 37814
$479,900
4 beds3 baths3,669 sq ft
4333 Dublin Ln, Morristown, TN 37814
$229,900
2 beds1 bath1,276 sq ft
401 White Ave, Morristown, TN 37814
3D WALKTHROUGH
$385,000
4 beds3 baths2,523 sq ft
1530 Maple Leaf Dr, Morristown, TN 37814
$415,000
3 beds2.5 baths2,002 sq ft
3459 Beaver Rd, Morristown, TN 37814
$348,900
4 beds2.5 baths2,140 sq ft
2499 Stream View Ln, Morristown, TN 37814
$209,900
3 beds2 baths1,056 sq ft
1143 N Henry St, Morristown, TN 37814
See all

Provided by Redfin

Sale history for 1215 Shields Ferry Rd

Date

Event

Price

Knoxville MLS #1317448

Jan 15, 2026

Sold

$748,700

$140/sq ft

Oct 19, 2025

Contingent

—

Oct 3, 2025

Listed

$775,000

$145/sq ft

SHOWMOJO #3

Oct 20, 2024

Rental Removed

$725

$0/sq ft

Oct 17, 2024

Listed for Rent

$725

$0/sq ft

Oct 12, 2024

Rental Removed

$725

$0/sq ft

Sep 10, 2024

Listed for Rent

$725

$0/sq ft

APPFOLIO #2

Mar 14, 2024

Rental Removed

$925

$0/sq ft

Feb 4, 2024

Listed for Rent

$925

$0/sq ft

WALKSCORE #1

Sep 24, 2023

Rental Removed

$725

$0/sq ft

Sep 14, 2023

Listed for Rent

$725

$0/sq ft

Sep 9, 2023

Rental Removed

$725

$0/sq ft

Aug 30, 2023

Listed for Rent

$725

$0/sq ft

Aug 23, 2023

Rental Removed

$725

$0/sq ft

Aug 15, 2023

Listed for Rent

$725

$0/sq ft

Public Records

Nov 15, 2019

Sold

$725,000

$135/sq ft

Public Records

Oct 16, 2000

Sold

$10

$0/sq ft

Tax history for 1215 Shields Ferry Rd

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning

Beds

—

Baths

Stories

Lot width

153 ft.

Lot depth

119 ft.

Lot size

0.34 Acres

Year renovated

1989

Sq. Ft.

5,360

Year built

1976

Style

Multi-Family (5+ Unit)

County

Hamblen County

APN

033D I 01102 000

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Oct 21, 2026.

Medium Density Residential District

This is a residential district to provide for medium population density. The principal uses of land may range from single-family to medium density multi-family apartment uses. Certain uses which are more compatible functionally with intensive residential uses than with commercial uses are permitted. The recreational, religious, educational facilities, and other related uses in keeping with the residential character of the district may be permitted on Review by the Board of Zoning Appeals.

Permitted uses

Include but are not limited to:

Housing-Group
Housing-Single unit
Housing-Multiple units
Agriculture-Cropland

Property details

Parking

Garage Information
Parking Features: On Premise Parking

Interior

Interior Features
Appliances: Refrigerator
Flooring: Laminate, Vinyl

Multi-Family Information
# Of Units Total: 8
Gross Income: $79,788
Operating Expense: $16,144
Net OperatingIncome: $55,644
Owner Pays: Taxes, Insurance

Unit Type 1 Information
Beds Total: 1
Furnished: Unfurnished

Unit Type 2 Information
Beds Total: 1
Furnished: Unfurnished

Unit Type 3 Information
Beds Total: 1
Furnished: Unfurnished

Unit Type 4 Information
Beds Total: 1
Furnished: Unfurnished

Unit Type 5 Information
Furnished: Unfurnished

Unit Type 6 Information
Furnished: Unfurnished

Unit Type 7 Information
Furnished: Unfurnished

Unit Type 8 Information
Furnished: Unfurnished

Exterior

Exterior Features
Construction Materials: Brick, Block, Other

Property Information
Living Area Source: Tax Records
Building Area Total: 5,360
Building Area Source: Tax Records

Lot Information
Lot Size Acres: 0.41
Lot Size Square Feet: 17,860
Lot Size Dimensions: 125X119

Financial

Tax Information
City Taxes: $1,971
County Taxes: $1,098
Total Tax: $1,971

Utilities

Heating & Cooling
Heating YN: Yes
Heating: Zoned, Other, Electric
Cooling YN: Yes
Cooling: Wall Cooling, Zoned

Location

Location Information
Directions: Take I-40 East To Exit 421 North to Bristol. Take exit 8 to Morristown, 0.5 miles turn right onto Davy Crockett Pkwy to Cumberland Gap Park, in 2 miles turn left onto Old Highway 25E, in 5 miles turn left onto Shields Ferry Rd and keep left. In 150 ft the eight-plex will be on your left.
Unparsed Address: 1215 Shields Ferry Rd, Morristown, TN 37814

Public facts

Beds: —
Baths: 8.0
Sq. Ft.: 5,360
Stories: 1.0
Lot Size: 0.34 acres
Style: Multi-Family (5+ Unit)
Year Built: 1976
Year Renovated: 1989
County: Hamblen County
APN: 033D I 01102 000

Home facts updated by county records on Oct 21, 2026

Around this home

Schools

K - 12
Preschool & daycare

Fairview Marguerite

Public PreK-5 • Assigned • 0.7mi

3/10

Meadowview Middle School

Public 6-8 • Assigned • 1.3mi

4/10

Morristown East High School

Public 9-12 • Assigned • 1.1mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

10/10 Flood Factor

Estimated 80%+ chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 101° expected this year, 20 days in 30 years

2/10 Wind Factor

0% chance of strong winds in next 30 years

5/10 Air Factor

8 unhealthy days expected this year, 9 days in 30 years

Provided by First Street

Historical weather

Morristown, TN • 37814

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9 hours in June and 4.2 hours in December, placing it below the U.S. average for solar exposure.

9 hrs

4.2 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 37814

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Home values near 1215 Shields Ferry Rd

Data from public records.

Address	Redfin Estimate
1327 Shields Ferry Road, Morristown, TN 2 Beds \| 1 Baths \| 832 Sq. Ft.	$158,644
1343 Shields Ferry Road, Morristown, TN - Beds \| 1 Baths \| 1173 Sq. Ft.	$136,838
1158 Buffalo Trail, Morristown, TN - Beds \| 1 Baths \| 1368 Sq. Ft.	$228,206
1123 Buffalo Trail, Morristown, TN - Beds \| 1 Baths \| 1444 Sq. Ft.	$205,019
1231 Davis Avenue, Morristown, TN - Beds \| 1 Baths \| 676 Sq. Ft.	$139,760
1302 Garretson Street, Morristown, TN - Beds \| 1 Baths \| 1152 Sq. Ft.	$261,396
1209 Romar Street, Morristown, TN - Beds \| 2 Baths \| 1234 Sq. Ft.	$175,082

Address	Redfin Estimate
1331 Shields Ferry Road, Morristown, TN 2 Beds \| 1 Baths \| 832 Sq. Ft.	$138,080
1306 Shields Ferry Road, Morristown, TN - Beds \| 1 Baths \| 800 Sq. Ft.	—
424 MacArthur Street, Morristown, TN - Beds \| 1 Baths \| 432 Sq. Ft.	$168,732
1235 Davis Avenue, Morristown, TN - Beds \| 1 Baths \| 672 Sq. Ft.	$147,917
1114 Davis Avenue, Morristown, TN - Beds \| 1 Baths \| 748 Sq. Ft.	$124,174
1144 Buffalo Trail, Morristown, TN - Beds \| 1 Baths \| 985 Sq. Ft.	$182,154

Address	Redfin Estimate
1309 Shields Ferry Road, Morristown, TN 3 Beds \| 1 Baths \| 1040 Sq. Ft.	$93,080
614 Garretson Street, Morristown, TN - Beds \| 1 Baths \| 920 Sq. Ft.	$159,177
429 MacArthur Street, Morristown, TN - Beds \| 1 Baths \| 720 Sq. Ft.	$143,749
411 Carriger Street, Morristown, TN - Beds \| 1 Baths \| 1048 Sq. Ft.	$188,617
1138 Buffalo Trail, Morristown, TN 2 Beds \| 2 Baths \| 918 Sq. Ft.	$186,047
1210 Buffalo Trail, Morristown, TN - Beds \| 1 Baths \| 1508 Sq. Ft.	$135,181

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About this home

Redfin Estimate

Market trends in 37814, TN

Sale history for 1215 Shields Ferry Rd

Tax history for 1215 Shields Ferry Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 37814

Home values near 1215 Shields Ferry Rd

More real estate resources