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For sale
  • Price cut: $10K (6/11)
    $370,000

    125 Parsonage Rd, Elizabethton, TN 37643

    4beds
    2baths
    2,224sqft
    : 
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    Multi Family
    Built in 1988
    -- sqft lot
    $366,800 Zestimate®
    $166/sqft
    $-- HOA

    What's special

    Oversized detached garageCenter islandGas stoveAbove-ground poolLarge front yardSpacious kitchenHot tub
    Rare Multi-Generational & Income-Producing Opportunity on Nearly an Acre! Welcome to 125 Parsonage Drive, a unique property offering two separate single-level homes on a peaceful 0.87-acre lot in Elizabethton. Whether you're looking for a multi-generational living arrangement, an income-producing investment, or a private homestead with room for extended family, this property offers endless possibilities. The primary residence features 2 bedrooms, 1 full bath, beautiful hardwood floors, and an open-concept living area filled with natural light. The spacious kitchen boasts granite countertops, a center island, tiled flooring, and a gas stove. The bathroom has been tastefully updated with floor-to-ceiling tile and a stand-up shower. Outdoor living shines with a screened-in porch overlooking the above-ground pool, hot tub, and brick patio--creating the perfect setting for entertaining or relaxing. The second residence is a fully functional 2-bedroom, 1-bath home with its own kitchen, living area, washer and dryer hookups, and durable LVP flooring throughout. Currently tenant occupied, this home provides immediate income potential or could serve as an in-law suite, guest quarters, or private space for extended family. Additional features include an oversized detached garage, a large front yard, public water, and a desirable location just minutes from town while remaining outside city limits and city taxes. Properties offering this level of flexibility are hard to find. Live in one home and rent the other, accommodate multiple generations under one property, or add a valuable income stream to your portfolio. The opportunities at 125 Parsonage Drive are truly endless. Buyers/Buyers agent to verify all info.
    11 days
    |
    482
    |
    20
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Payton Spencer 828-387-0447,

    Hurd Realty, LLC 423-491-8335

    Source: TVRMLS,MLS#: 9996187

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Heat Pump
      Cooling
      • Heat Pump
      Appliances
      • Included: Dryer, Gas Range, Microwave, Refrigerator, Washer
      • Laundry: Electric Dryer Hookup, Washer Hookup
      Features
      • Eat-in Kitchen, Granite Counters, Kitchen Island, Kitchen/Dining Combo, Open Floorplan, Remodeled, Restored, Shower Only, Solid Surface Counters
      • Flooring: Ceramic Tile, Hardwood
      • Windows: Double Pane Windows
      • Basement: Crawl Space
      • Has fireplace: No
      Interior area
      • Total structure area: 2,224
      • Total interior livable area: 2,224 sqft

      Property

      Parking
      • Total spaces: 1
      • Parking features: Deeded, Asphalt, Detached
      • Garage spaces: 1
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Covered, Front Porch, Patio, Rear Patio, Screened
      • Pool features: Above Ground
      • Fencing: Back Yard,Front Yard
      Lot
      • Size: 0.87 Acres
      • Topography: Level
      Details
      • Additional structures: Guest House, Pool House, Storage
      • Parcel number: 023i D 00400 000
      • Zoning: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Ranch
      • Property subtype: Multi Family
      Materials
      • Masonite, Vinyl Siding, Other
      • Foundation: Block
      • Roof: Shingle
      Condition
      • Updated/Remodeled,Average
      • New construction: No
      • Year built: 1988

      Utilities & green energy

      • Sewer: Septic Tank
      • Water: Public
      • Utilities for property: Electricity Connected

      Community & HOA

      Community
      • Subdivision: Not In Subdivision
      HOA
      • Has HOA: No
      • Amenities included: Landscaping, Spa/Hot Tub
      Location
      • Region: Elizabethton

      Financial & listing details

      • Price per square foot: $166/sqft
      • Tax assessed value: $194,600
      • Annual tax amount: $1,061
      • Date on market: 6/1/2026
      • Listing terms: Cash,Conventional,FHA,VA Loan
      • Electric utility on property: Yes
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        Estimated market value

        $366,800

        $348,000 - $385,000

        $1,403/mo

        Price history

        DateEventPrice
        6/11/2026Price change$370,000-2.6%$166/sqft
        Source: TVRMLS #9995969 Report a problem
        5/27/2026Listed for sale$380,000+16.9%$171/sqft
        Source: TVRMLS #9995969 Report a problem
        11/3/2022Sold$325,000+0%$146/sqft
        Source: TVRMLS #9943409 Report a problem
        9/13/2022Listed for sale$324,900+622%$146/sqft
        Source: TVRMLS #9943409 Report a problem
        8/31/2009Sold$45,000$20/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$1,061 $48,650
        2024$1,061 $48,650
        2023$1,061 +7.4%$48,650
        2022$988 $48,650 +22.7%
        2021-- $39,650 +16%
        2020$844 $34,175
        2019$844 $34,175
        2018$844 +0%$34,175
        2017$844 +1.8%$34,175
        2016$829 +0%$34,175 +1%
        2015$829 +7%$33,825 +7%
        2014$775 +5.2%$31,625 +0%
        2013$737 +21.7%$31,624 +12.3%
        2012$605 -0.3%$28,162 -0.2%
        2011$607 -5.6%$28,212
        2010$643 +13.8%$28,212 +13.8%
        2009$565 +20.8%$24,800 +11.3%
        2007$468 -18%$22,287
        2005$571 +22.5%$22,287 +22.5%
        2004$466 +15.3%$18,200
        2002$404 $18,200
        2001-- $18,200 -76%
        2000-- $75,896

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

          Explore the cost of this home by adjusting the details. Changes won't be saved.
          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 37643

          Getting around

          3 / 100
          Car-Dependent
          20 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Unaka
          • Middle: Unaka
          • High: Unaka

          Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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