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For sale
    • $599,000

    166-178 Gray Station Rd, Johnson City, TN 37615

    --beds
    0baths
    --sqft
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    Multi Family
    Built in 1935
    -- sqft lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    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
    423 days
    |
    196
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Brian Parlier 404-931-4874,

    Hurd Realty, LLC 423-491-8335,

    Melody Hughes 423-948-5888,

    Hurd Realty, LLC

    Source: TVRMLS,MLS#: 9979565

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      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

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,354/mo

        Price history

        DateEventPrice
        5/23/2026Listed for sale$599,000
        Source: TVRMLS #9979565 Report a problem
        4/30/2026Pending sale$599,000
        Source: TVRMLS #9979565 Report a problem
        3/27/2026Price change$599,000-25%
        Source: TVRMLS #9979565 Report a problem
        9/15/2025Pending sale$799,000
        Source: TVRMLS #9979565 Report a problem
        5/1/2025Listed for sale$799,000
        Source: TVRMLS #9979565 Report a problem

        Public tax history

        Tax history is unavailable.

        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: 37615

          Getting around

          9 / 100
          Car-Dependent
          8 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          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.

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