Looking for an investment opportunity?
Look no further!!
This unique property consists of 2 separate parcels totaling approximate 3.7 acres with ''7'' rental income producing single family homes (all on sewer) and ''2'' additional garages located right off Gray Station Road, which is just minutes from Franklin Woods Medical Center, Boone Lake, and other local restaurants and shopping.
All properties are on month to month and annually grossing approximately $73,000
EXPENSES ARE:
- Property taxes for 2024 were $3,354.17
- Water is approx. $450 per month
All showing require a minimum of 24hr notice to notify tenants.
Listing agent can provide photos of ''most'' interior units upon request of pre-approved buyer.
This property is being sold AS IS and priced to sell quickly...
Contact your Realtor TODAY!
Realtors - Please READ private remarks
Sold for $373,337
$373,337
166-178 Gray Station Rd, Johnson City, TN 37615
--beds
0baths
--sqft
Multi Family
Built in 1935
-- sqft lot
$373,400 Zestimate®
$--/sqft
$1,091 Estimated rent
Home value
$373,400
$355,000 - $392,000
$1,091/mo
Zestimate® history
Owner options
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$1,091/mo
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$1,091/mo
Rent Zestimate®
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$2,264/mo
Est. payment
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$2,264/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Brian Parlier 404-931-4874,
Hurd Realty, LLC,
Melody Hughes 423-948-5888,
Hurd Realty, LLC
Bought with:
Emily Thomas, 367784
KW Kingsport
Source: TVRMLS,MLS#: 9979565
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- See Remarks
Cooling
- See Remarks
Appliances
- Laundry: Electric Dryer Hookup, Washer Hookup
Features
- Windows: Other
Interior area
- Total structure area: 0
Property
Parking
- Parking features: See Remarks
- Has garage: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: See Remarks
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 3.7 Acres
- Dimensions: 150642 sq ft
- Topography: Level
Details
- Additional structures: Garage(s), Storage, Workshop
- Parcel number: 005j F 003.00
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Multi Family
Materials
- Other, See Remarks
- Foundation: See Remarks
- Roof: See Remarks
Condition
- Average,Fixer
- New construction: No
- Year built: 1935
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Not In Subdivision
HOA
- Has HOA: No
Location
- Region: Johnson City
Financial & listing details
- Date on market: 5/23/2026
Price history
| Date | Event | Price |
|---|---|---|
| 8/28/2026 | Sold | $373,337-37.7% |
Source: TVRMLS #9979565 Report a problem | ||
| 8/5/2026 | Pending sale | $599,000 |
Source: TVRMLS #9979565 Report a problem | ||
| 5/23/2026 | Listed for sale | $599,000 |
Source: TVRMLS #9979565 Report a problem | ||
| 4/30/2026 | Pending sale | $599,000 |
Source: TVRMLS #9979565 Report a problem | ||
| 3/27/2026 | Price change | $599,000-25% |
Source: TVRMLS #9979565 Report a problem | ||
| 9/15/2025 | Pending sale | $799,000 |
Source: TVRMLS #9979565 Report a problem | ||
| 5/1/2025 | Listed for sale | $799,000 |
Source: TVRMLS #9979565 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 37615
Nearby homes
- $130,700-- bd2 ba-- sqft160 Gray Station Rd, Gray, TN 37615Off Market
- $160,800-- bd1 ba1k sqft152 Gray Station Rd APT 9, Johnson City, TN 37615Off Market
- $162,300-- bd1 ba1.1k sqft152 Gray Station Rd APT 47, Johnson City, TN 37615Off Market
- $160,300-- bd1 ba1.1k sqft152 Gray Station Rd APT 42, Gray, TN 37615Off Market
- $161,400-- bd1 ba1.1k sqft152 Gray Station Rd APT 1, Gray, TN 37615Off Market
- $158,700-- bd1 ba1.1k sqft152 Gray Station Rd APT 21, Gray, TN 37615Off Market
- $169,200-- bd1 ba1.1k sqft152 Gray Station Rd APT 43, Johnson City, TN 37615Off Market
- $160,000-- bd1 ba1.1k sqft152 Gray Station Rd APT 3, Gray, TN 37615Sold
Nearby schools
GreatSchools rating
- 7/10Gray Elementary SchoolGrades: PK-8Distance: 1.9 mi
- 6/10Daniel Boone High SchoolGrades: 9-12Distance: 4.7 mi
Schools provided by the listing agent
- Elementary: Gray
- Middle: Gray Middle
- High: Daniel Boone
Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
Get a cash offer in 3 minutes
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Estimated market value
$373,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$373,400
- Tennessee
- Washington County
- Johnson City
- 37615
- 166-178 Gray Station Rd
