4840 Ray Street

Morristown TN 37814

1128 sq. ft.

0.33 ac.

Single-Family

Last sold for $160,000

Cory King, last sold this property on 09 June 2026 after -2 days on market.

Overview

Discover this charming 3 bedroom, 1 bathroom home for sale in Morristown TN offering comfort, convenience, and excellent investment potential in the heart of Hamblen County. Situated on a spacious 0.34-acre lot, this East Tennessee property features 1,128 square feet of living space with hardwood floors, ceiling fans throughout, and a functional kitchen with attractive wood cabinetry. Perfect for first-time homebuyers, downsizers, or investors seeking a rental property in Morristown, this home combines affordability with long-term value in one of the area's growing housing markets. Conveniently located near shopping, restaurants, schools, healthcare facilities, and major highways, the property also offers quick access to Cherokee Lake, downtown Morristown, and local employers. The large yard provides space for outdoor living, gardening, pets, or future improvements, while the established neighborhood setting adds to the home's appeal. Schedule your tour today.

Features

3 bedrooms

2 bathrooms

1128 sq. ft. floor area

0.33 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Morristown over the last 12 months, the estimated median property value of 4840 Ray Street is $296.73k.

Median value

$296.73k

Estimated value range

$160k - $800k

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Morristown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4840 Ray Street

2026

Sold

$160,000

09 Jun 2026 by Cory King

Happy sellers in Morristown

We have insufficient information to provide an overview of customer satisfaction for Morristown. Viewing the agent profiles, reviews and sales for Morristown can provide insights for this location.