# 1987 Joe Stephens Road, Morristown, TN 37814

> **TL;DR:** 3bd/2ba multi-family, $218,000, built 1952.
> A/C. Est. $1,166/mo. Listed 418 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $218,000 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Year Built | 1952 |
| Lot Size | 37,897 sqft (0.87 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Duplex) |
| Status | Active |
| Days on Market | 418 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,102 |
| Estimated Insurance | $64 |
| **Total** | **$1,166** |

## Nearby Schools

- **Elementary:** Manley
- **Middle:** Westview
- **High:** West

## Key Amenities

- A/C

## Property Highlights

- Built in 1952
- 0.87 acre lot

## Description

### Agent Description
This income-producing property generates a combined monthly rental income of $1,950, delivering immediate cash flow for investors from day one. Currently configured as a duplex with both apartments sharing electric and water meters, the setup supports efficient operation while maintaining strong rental performance. Offering both convenience and long-term flexibility, this property presents a solid opportunity for steady income and future upside. The versatile layout allows investors to continue operating the home as a multi-family rental or convert the property into a single-family residence with a private mother-in-law suite for added value. Additional features include a fenced backyard area and rear patio, enhancing tenant desirability and outdoor living space. With strong rental functionality and multiple possibilities for future use, this property presents an attractive opportunity for both seasoned investors and owner-occupants seeking supplemental income. Please contact the listing agent to schedule all showings.

## Location

- **Address:** 1987 Joe Stephens Road, Morristown, TN 37814
- **County:** Hamblen
- **Coordinates:** 36.221581, -83.366702
- **Google Maps:** https://www.google.com/maps?q=36.221581,-83.366702

## Listing Agent

- **Name:** Trey Cate
- **Brokerage:** The Cate Group, Realty & Property Management LLC
- **Broker Phone:** 8653506411
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1987-Joe-Stephens-Rd_Morristown_TN_37814_M83310-56013?f=listhub&s=LAARTN&m=708974&c=propsimple)

## Photos

![1987 Joe Stephens Road - Photo 1](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f511562046r.jpg)

![1987 Joe Stephens Road - Photo 2](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f563228419r.jpg)

![1987 Joe Stephens Road - Photo 3](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f167625176r.jpg)

![1987 Joe Stephens Road - Photo 4](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f3735294783r.jpg)

![1987 Joe Stephens Road - Photo 5](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2134313842r.jpg)

![1987 Joe Stephens Road - Photo 6](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2957829694r.jpg)

![1987 Joe Stephens Road - Photo 7](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2644734403r.jpg)

![1987 Joe Stephens Road - Photo 8](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f3626614461r.jpg)

![1987 Joe Stephens Road - Photo 9](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f857383630r.jpg)

![1987 Joe Stephens Road - Photo 10](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2165810129r.jpg)

![1987 Joe Stephens Road - Photo 11](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f954232363r.jpg)

![1987 Joe Stephens Road - Photo 12](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2434420127r.jpg)

![1987 Joe Stephens Road - Photo 13](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2008586840r.jpg)

![1987 Joe Stephens Road - Photo 14](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f1599677272r.jpg)

![1987 Joe Stephens Road - Photo 15](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f190515228r.jpg)

![1987 Joe Stephens Road - Photo 16](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2316932063r.jpg)

![1987 Joe Stephens Road - Photo 17](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2899222379r.jpg)

![1987 Joe Stephens Road - Photo 18](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f4092103024r.jpg)

![1987 Joe Stephens Road - Photo 19](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f3367635579r.jpg)

![1987 Joe Stephens Road - Photo 20](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2374515488r.jpg)

![1987 Joe Stephens Road - Photo 21](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f3608901475r.jpg)

![1987 Joe Stephens Road - Photo 22](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f2930705297r.jpg)

![1987 Joe Stephens Road - Photo 23](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f404428480r.jpg)

![1987 Joe Stephens Road - Photo 24](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f1623042782r.jpg)

![1987 Joe Stephens Road - Photo 25](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f347237393r.jpg)

![1987 Joe Stephens Road - Photo 26](http://lh.rdcpix.com/6db35d1a2f32d5182d65f53399571d60l-f1236846099r.jpg)

---

**MLS#:** 708974 | **Updated:** 2026-10-30
**Source:** listhub

*Copyright © 2026 Lakeway Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1987-joe-stephens-road-morristown-tn-37814-21ae56dec6af4a44b4b4543072939f88)

---

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