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
1074 Hickory View Drive Morristown, TN Located in the sought-after Hickory Shadow subdivision, this spacious two-story home sits ...	3 beds \| 3 baths \| 2,324 sq.ft.	$405,000	Airbnb cash on cash: 1.6% Traditional cash on cash: 4.6% Airbnb Rental Income: $1662 Traditional Rental Income: $2335 Airbnb ROI: 1.6% Traditional ROI: 4.6%
506 Katerina Drive Morristown, TN Excellent brick rancher with living all on the main level. Split bedroom design with prima...	3 beds \| 2 baths \| 1,510 sq.ft.	$424,900	Airbnb cash on cash: 1.35% Traditional cash on cash: 4.08% Airbnb Rental Income: $1662 Traditional Rental Income: $2284 Airbnb ROI: 1.35% Traditional ROI: 4.08%
1372 E Jackson Circle Morristown, TN Beautifully Updated 3BR/2BA Home with Bonus Room in the Heart of Morristown! Tucked away o...	3 beds \| 2 baths \| 1,546 sq.ft.	$304,900	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.18% Airbnb Rental Income: $1662 Traditional Rental Income: $1964 Airbnb ROI: 2.5% Traditional ROI: 5.18%
235 Gilbert Street Morristown, TN Quaint home with convenient location right in the middle of town. With a maintenance free ...	3 beds \| 2 baths \| 1,128 sq.ft.	$229,900	Airbnb cash on cash: 3.78% Traditional cash on cash: 7.6% Airbnb Rental Income: $1662 Traditional Rental Income: $2026 Airbnb ROI: 3.78% Traditional ROI: 7.6%
3721 Meadowland Drive Morristown, TN Back on market with no fault of the sellers! Price improvement! Motivated sellers! Welcome...	3 beds \| 2 baths \| 2,100 sq.ft.	$349,900	Airbnb cash on cash: 2.12% Traditional cash on cash: 5.58% Airbnb Rental Income: $1662 Traditional Rental Income: $2333 Airbnb ROI: 2.12% Traditional ROI: 5.58%
137 Morton Street Morristown, TN This charming 3 bedroom home in-town has been fully renovated, and is move-in ready. Hurry...	3 beds \| 1 baths \| 1,248 sq.ft.	$229,900	Airbnb cash on cash: 3.75% Traditional cash on cash: 4.65% Airbnb Rental Income: $1662 Traditional Rental Income: $1390 Airbnb ROI: 3.75% Traditional ROI: 4.65%
5715 Academy Drive Morristown, TN Beautiful 3 bedroom, 2.5 bath split level home on over a half acre lot in Panther Lake Sub...	3 beds \| 3 baths \| 2,005 sq.ft.	$350,000	Airbnb cash on cash: 2.14% Traditional cash on cash: 5.38% Airbnb Rental Income: $1662 Traditional Rental Income: $2261 Airbnb ROI: 2.14% Traditional ROI: 5.38%
426 Willow Tree Lane Morristown, TN Motivated Seller! Welcome to this newly renovated home located right off Andrew Johnson Pk...	4 beds \| 3 baths \| 2,160 sq.ft.	$295,000	Airbnb cash on cash: 1.15% Traditional cash on cash: 6.17% Airbnb Rental Income: $1180 Traditional Rental Income: $2188 Airbnb ROI: 1.15% Traditional ROI: 6.17%
3182 Bridgewater Blvd Morristown, TN This 3-bedroom, 2-bathroom home offers approximately 1,983 square feet of well-designed li...	3 beds \| 2 baths \| 1,983 sq.ft.	$452,124	Airbnb cash on cash: 1.08% Traditional cash on cash: 3.9% Airbnb Rental Income: $1662 Traditional Rental Income: $2392 Airbnb ROI: 1.08% Traditional ROI: 3.9%
458 Laurel Street Morristown, TN Location! Location! Location! Welcome to your realty dream come true with this meticulous,...	3 beds \| 2 baths \| 1,375 sq.ft.	$395,000	Airbnb cash on cash: 1.65% Traditional cash on cash: 3.32% Airbnb Rental Income: $1662 Traditional Rental Income: $1815 Airbnb ROI: 1.65% Traditional ROI: 3.32%
1701 Old Oak Lane Morristown, TN Welcome to a picturesque 5+ acre gentleman's farm, where rustic charm meets modern conveni...	3 beds \| 1 baths \| 1,546 sq.ft.	$549,900	Airbnb cash on cash: 1.02% Traditional cash on cash: 1.72% Airbnb Rental Income: $1662 Traditional Rental Income: $1554 Airbnb ROI: 1.02% Traditional ROI: 1.72%
3409 Copper Ridge Road Morristown, TN 2000 Doublewide, 1792 heated square feet on main level, Split Bedroom Design, NO CARPET, 3...	3 beds \| 2 baths \| 1,792 sq.ft.	$299,900	Airbnb cash on cash: 2.68% Traditional cash on cash: 5.7% Airbnb Rental Income: $1662 Traditional Rental Income: $2047 Airbnb ROI: 2.68% Traditional ROI: 5.7%
1406 Dandelion Circle Morristown, TN Welcome to your next home, Dandelion Circle! This home is an outdoor enthusiast's dream at...	3 beds \| 2 baths \| 1,000 sq.ft.	$249,000	Airbnb cash on cash: 3.48% Traditional cash on cash: 4.45% Airbnb Rental Income: $1662 Traditional Rental Income: $1425 Airbnb ROI: 3.48% Traditional ROI: 4.45%
828 Overlook Drive Morristown, TN Completely remodeled 3 BR 2 BA home with nice private level back yard. Improvements includ...	3 beds \| 2 baths \| 1,363 sq.ft.	$269,900	Airbnb cash on cash: 2.93% Traditional cash on cash: 5.04% Airbnb Rental Income: $1662 Traditional Rental Income: $1733 Airbnb ROI: 2.93% Traditional ROI: 5.04%
3844 Isaac Ave Morristown, TN 5 minutes to a boat launch! Welcome to 3844 Isaac Ave in Morristown, TN, your private retr...	3 beds \| 2 baths \| 1,288 sq.ft.	$315,000	Airbnb cash on cash: 2.49% Traditional cash on cash: 4.45% Airbnb Rental Income: $1662 Traditional Rental Income: $1775 Airbnb ROI: 2.49% Traditional ROI: 4.45%
3054 Bridgewater Boulevard Morristown, TN Prestigious Lakefront Living at Its FinestWelcome to a rare opportunity in one of the lake...	3 beds \| 3 baths \| 1,927 sq.ft.	$435,000	Airbnb cash on cash: 1.02% Traditional cash on cash: 3.29% Airbnb Rental Income: $1662 Traditional Rental Income: $2120 Airbnb ROI: 1.02% Traditional ROI: 3.29%
400 E 4th N Street Morristown, TN Beautifully Restored 1900 Historic Home Near Downtown Morristown This stunning 4-bedroom, ...	4 beds \| N/A baths \| 2,410 sq.ft.	$475,000	Airbnb cash on cash: 0.5% Traditional cash on cash: 4.37% Airbnb Rental Income: $1180 Traditional Rental Income: $2516 Airbnb ROI: 0.5% Traditional ROI: 4.37%
1033 WALTERS DR. Morristown, TN ELEGANT 5 BR. 4 1/2 BATH HOME WITH GOLF COURSE VIEWS WELCOME TO YOUR DREAM HOME A BEAUTIFU...	5 beds \| 5 baths \| 3,747 sq.ft.	$589,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.24% Airbnb Rental Income: $null Traditional Rental Income: $4786 Airbnb ROI: N/A Traditional ROI: 7.24%
1504 Tyler Circle Morristown, TN Imagine waking up here in this amazing town in this cute home and having every convenience...	3 beds \| 1 baths \| 951 sq.ft.	$223,700	Airbnb cash on cash: 3.97% Traditional cash on cash: 5.05% Airbnb Rental Income: $1662 Traditional Rental Income: $1425 Airbnb ROI: 3.97% Traditional ROI: 5.05%
1829 Eastern Ave Morristown, TN Charming Renovated Home in Prime Morristown Location! Looking for the perfect blend of cou...	3 beds \| N/A baths \| 1,325 sq.ft.	$270,000	Airbnb cash on cash: 2.97% Traditional cash on cash: 4.72% Airbnb Rental Income: $1662 Traditional Rental Income: $1642 Airbnb ROI: 2.97% Traditional ROI: 4.72%
2165 Brights Pike Morristown, TN Your Home Sold Guaranteed or I'll Buy It!* This property comes with $22,000+ in savings, g...	3 beds \| 2 baths \| 1,176 sq.ft.	$329,900	Airbnb cash on cash: 2.28% Traditional cash on cash: 4.81% Airbnb Rental Income: $1662 Traditional Rental Income: $1981 Airbnb ROI: 2.28% Traditional ROI: 4.81%
460 Ash Street Morristown, TN Perfect for a growing family! This 3-bedroom, 1 1/2-bath home offers a spacious layout, la...	3 beds \| 2 baths \| 1,788 sq.ft.	$309,999	Airbnb cash on cash: 2.5% Traditional cash on cash: 5.3% Airbnb Rental Income: $1662 Traditional Rental Income: $2013 Airbnb ROI: 2.5% Traditional ROI: 5.3%
6262 Wintergreen Road Morristown, TN Meticulously maintained 3-bedroom, 3-bath home located in the desirable Alpha area of Morr...	3 beds \| 3 baths \| 2,662 sq.ft.	$385,000	Airbnb cash on cash: 1.68% Traditional cash on cash: 5.34% Airbnb Rental Income: $1662 Traditional Rental Income: $2518 Airbnb ROI: 1.68% Traditional ROI: 5.34%
5254 Rolling Springs Drive Morristown, TN Spacious Rancher in Brookfield Subdivision - 4BR/2.5BA + Bonus Large Storage Room2 Car Gar...	4 beds \| 3 baths \| 2,700 sq.ft.	$395,000	Airbnb cash on cash: 0.44% Traditional cash on cash: 5.09% Airbnb Rental Income: $1180 Traditional Rental Income: $2516 Airbnb ROI: 0.44% Traditional ROI: 5.09%
1230 McFarland Street Morristown, TN Motivated Sellers @ 161 sq ft with a full unfinished basement and 4 parkings spaces!Welcom...	3 beds \| 3 baths \| 1,796 sq.ft.	$289,000	Airbnb cash on cash: 1.94% Traditional cash on cash: 5.5% Airbnb Rental Income: $1662 Traditional Rental Income: $2166 Airbnb ROI: 1.94% Traditional ROI: 5.5%
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.	$449,900	Airbnb cash on cash: 0.92% Traditional cash on cash: 3.23% Airbnb Rental Income: $1662 Traditional Rental Income: $2169 Airbnb ROI: 0.92% Traditional ROI: 3.23%
1323 Goodson Avenue Morristown, TN located inside City limits, shopping, schools and employment all in the vicinity.Large mos...	2 beds \| 1 baths \| 725 sq.ft.	$189,900	Airbnb cash on cash: 0.81% Traditional cash on cash: 6.31% Airbnb Rental Income: $779 Traditional Rental Income: $1453 Airbnb ROI: 0.81% Traditional ROI: 6.31%
819 Choctaw Street Morristown, TN Price Improvement! Freshly Updated & Move-In Ready, Make An Offer!!Welcome home to this c...	2 beds \| 1 baths \| 768 sq.ft.	$179,900	Airbnb cash on cash: 0.82% Traditional cash on cash: 5.86% Airbnb Rental Income: $779 Traditional Rental Income: $1323 Airbnb ROI: 0.82% Traditional ROI: 5.86%
2579 Shoreline Vista Morristown, TN Experience lakeside living at its finest in this beautifully updated 3-bedroom, 2-bath hom...	3 beds \| 2 baths \| 1,985 sq.ft.	$575,000	Airbnb cash on cash: 0.71% Traditional cash on cash: 2.92% Airbnb Rental Income: $1662 Traditional Rental Income: $2384 Airbnb ROI: 0.71% Traditional ROI: 2.92%
4959 Brights Pike Morristown, TN SELLERS ARE MOTIVATED!!! Welcome to your dream home at 4959 Brights Pike! This beautifully...	3 beds \| 3 baths \| 3,132 sq.ft.	$559,900	Airbnb cash on cash: 0.87% Traditional cash on cash: 3.41% Airbnb Rental Income: $1662 Traditional Rental Income: $2528 Airbnb ROI: 0.87% Traditional ROI: 3.41%
1068 Mimosa Drive Morristown, TN Beautifully Remodeled Home in a Peaceful Country Setting This stunning 4-bedroom, 4-bath h...	4 beds \| 4 baths \| 2,737 sq.ft.	$445,000	Airbnb cash on cash: 0.55% Traditional cash on cash: 3.89% Airbnb Rental Income: $1180 Traditional Rental Income: $2186 Airbnb ROI: 0.55% Traditional ROI: 3.89%
2137 Highview Drive Morristown, TN Endless Potential in a Prime Location - 2137 Highview Drive, Morristown, TN Welcome to 213...	3 beds \| 3 baths \| 1,758 sq.ft.	$209,900	Airbnb cash on cash: 4.26% Traditional cash on cash: 7.91% Airbnb Rental Income: $1662 Traditional Rental Income: $1923 Airbnb ROI: 4.26% Traditional ROI: 7.91%
403 Cummings Court Morristown, TN This property has a 48 hr first right of refusal offer buyer has to sell their home.Welcom...	4 beds \| 4 baths \| 2,961 sq.ft.	$679,000	Airbnb cash on cash: -0.13% Traditional cash on cash: 4.04% Airbnb Rental Income: $1180 Traditional Rental Income: $3434 Airbnb ROI: -0.13% Traditional ROI: 4.04%
2993 Nicole Circle Morristown, TN If you've been looking for a home that blends modern finishes with everyday convenience, t...	3 beds \| N/A baths \| 1,424 sq.ft.	$300,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 6.71% Airbnb Rental Income: $1662 Traditional Rental Income: $2308 Airbnb ROI: 2.77% Traditional ROI: 6.71%
1031 Hickory View Drive Morristown, TN Spacious Brick Rancher with No State or City Taxes! If you've been searching for space and...	5 beds \| 3 baths \| 5,168 sq.ft.	$599,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.99% Airbnb Rental Income: $null Traditional Rental Income: $3034 Airbnb ROI: N/A Traditional ROI: 3.99%
1540 Kidwell Ridge Road Morristown, TN Welcome to this inviting 4-bedroom, 2 1/2 bath log home, perfectly situated on nearly 2 ac...	4 beds \| 3 baths \| 3,312 sq.ft.	$455,000	Airbnb cash on cash: 0.39% Traditional cash on cash: 4.31% Airbnb Rental Income: $1180 Traditional Rental Income: $2466 Airbnb ROI: 0.39% Traditional ROI: 4.31%
2998 Nicole Circle Morristown, TN Welcome to the Darwin floor plan, a delightful two-story home with open concept, spacious ...	3 beds \| N/A baths \| 1,790 sq.ft.	$310,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 6.93% Airbnb Rental Income: $1662 Traditional Rental Income: $2468 Airbnb ROI: 2.57% Traditional ROI: 6.93%
3004 Nicole Circle Morristown, TN Main Level Living in a Prime East Morristown Location!Conveniently located just off Highwa...	4 beds \| 2 baths \| 1,392 sq.ft.	$274,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 7.26% Airbnb Rental Income: $1180 Traditional Rental Income: $2289 Airbnb ROI: 1.5% Traditional ROI: 7.26%
472 Lochmere Drive Drive Morristown, TN Immaculate is the best word to describe this property! This gorgeous well-maintained condo...	4 beds \| 3 baths \| 2,526 sq.ft.	$439,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 4.92% Airbnb Rental Income: $1180 Traditional Rental Income: $2803 Airbnb ROI: 0.04% Traditional ROI: 4.92%
816 W 2nd North Street Morristown, TN In the heart of the city just minutes from historic downtown Morristown, restaurants, shop...	4 beds \| 2 baths \| 2,350 sq.ft.	$382,900	Airbnb cash on cash: 0.67% Traditional cash on cash: 5.09% Airbnb Rental Income: $1180 Traditional Rental Income: $2382 Airbnb ROI: 0.67% Traditional ROI: 5.09%

Real Estate investment in Morristown, TN

There are 237 properties for sale in the city of Morristown . The median list price in Morristown is $349,900 and the average price per square foot is $158. In October 2025, the average monthly cash on cash return in Morristown is 5.00%. The average monthly rental income in Morristown is $2,154.

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

There are 237 investment properties available for sale in Morristown.

In 2025, the best neighborhood to buy investment property is Morristown.

The ROI for Long-Term is higher than the Short-Term in Morristown with average rental income of $2,154.

Your search for investment property begins and ends here

Investment Property for Sale in Morristown, TN

1074 Hickory View Drive

Morristown, TN

3 beds | 3 baths | 2,324 sq.ft.

$405,000

Airbnb cash on cash: 1.6%

Traditional cash on cash: 4.6%

Airbnb Rental Income: $1662

Traditional Rental Income: $2335

Airbnb ROI: 1.6%

Traditional ROI: 4.6%

506 Katerina Drive

Morristown, TN

3 beds | 2 baths | 1,510 sq.ft.

$424,900

Airbnb cash on cash: 1.35%

Traditional cash on cash: 4.08%

Airbnb Rental Income: $1662

Traditional Rental Income: $2284

Airbnb ROI: 1.35%

Traditional ROI: 4.08%

1372 E Jackson Circle

Morristown, TN

3 beds | 2 baths | 1,546 sq.ft.

$304,900

Airbnb cash on cash: 2.5%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $1662

Traditional Rental Income: $1964

Airbnb ROI: 2.5%

Traditional ROI: 5.18%

235 Gilbert Street

Morristown, TN

3 beds | 2 baths | 1,128 sq.ft.

$229,900

Airbnb cash on cash: 3.78%

Traditional cash on cash: 7.6%

Airbnb Rental Income: $1662

Traditional Rental Income: $2026

Airbnb ROI: 3.78%

Traditional ROI: 7.6%

3721 Meadowland Drive

Morristown, TN

3 beds | 2 baths | 2,100 sq.ft.

$349,900

Airbnb cash on cash: 2.12%

Traditional cash on cash: 5.58%

Airbnb Rental Income: $1662

Traditional Rental Income: $2333

Airbnb ROI: 2.12%

Traditional ROI: 5.58%

137 Morton Street

Morristown, TN

3 beds | 1 baths | 1,248 sq.ft.

$229,900

Airbnb cash on cash: 3.75%

Traditional cash on cash: 4.65%

Airbnb Rental Income: $1662

Traditional Rental Income: $1390

Airbnb ROI: 3.75%

Traditional ROI: 4.65%

5715 Academy Drive

Morristown, TN

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

$350,000

Airbnb cash on cash: 2.14%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $1662

Traditional Rental Income: $2261

Airbnb ROI: 2.14%

Traditional ROI: 5.38%

426 Willow Tree Lane

Morristown, TN

4 beds | 3 baths | 2,160 sq.ft.

$295,000

Airbnb cash on cash: 1.15%

Traditional cash on cash: 6.17%

Airbnb Rental Income: $1180

Traditional Rental Income: $2188

Airbnb ROI: 1.15%