Don't miss this exceptional chance to acquire prime investment properties bundled together in a highly desirable Johnson City location with deeded Boone Lake access. This unique offering includes multiple income-generating properties on a combined 1.15 acres of mostly flat, developable land. 473 Rockingham Rd: Renovated 3BR/2BA doublewide mobile home (1,620 sq ft) on 0.53 acres. Features new appliances, updated floors, and remodeled bathrooms. Currently rents for $1,650/month. 457, 459, 463, 465 Rockingham Rd: A 4-space mobile home park. Units at 457 & 459 are rented singlewides generating $425/month each. Lots at 463 & 465 are vacant and ready for additional homes or development. 136 Snyder Dr: Charming 744 sq ft home on 0.16 acres with lake access, currently rented for $850/month. All properties are adjacent and overlook scenic Boone Lake. A private dock could easily be added, enhancing recreational appeal and long-term value. With strong rental income, development potential, and lake views, this versatile property is perfect for investors, developers, or anyone seeking a unique multi-use asset. Consider building townhomes, apartments, vacation rentals, or even a lakeside campground. The possibilities are endless!
For sale
$539,000
473 Rockingham Rd, Gray, TN 37615
--beds
--baths
1,620sqft
Multi Family
Built in 1993
-- sqft lot
$-- Zestimate®
$333/sqft
$-- HOA
What's special
Scenic boone lakeLake viewsDeeded boone lake accessUpdated floorsNew appliancesRemodeled bathrooms
- 268 days |
- 168 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Shaunna Collins 276-791-6867,
Holston Realty, Inc 423-793-8109
Source: SWVAR,MLS#: 103429
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Facts & features
Interior
Basement
- Area: 0
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Range, Electric Water Heater
- Laundry: Main Level
Features
- Windows: Single Pane
- Basement: Crawl Space
- Fireplace features: None
Interior area
- Total structure area: 1,620
- Total interior livable area: 1,620 sqft
- Finished area above ground: 1,620
- Finished area below ground: 0
Video & virtual tour
Property
Features
- Fencing: Fenced
- Water view: None
- Waterfront features: Lake, None
Details
- Parcel number: 013GA01600000
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Metal
Condition
- Year built: 1993
Utilities & green energy
- Electric: Separate Meters
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Location
- Region: Gray
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $180,900
- Annual tax amount: $773
- Date on market: 9/17/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Listed for sale | $539,000+259.3%$333/sqft |
Source:  SWVAR #103429 Report a problem | ||
| 10/30/2020 | Sold | $150,000+172.7%$93/sqft |
Source: Public Record Report a problem | ||
| 6/11/2020 | Sold | $55,000+266.7%$34/sqft |
Source: Public Record Report a problem | ||
| 2/13/1995 | Sold | $15,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $773 | $45,225 |
| 2024 | $773 +81.2% | $45,225 +127.8% |
| 2023 | $427 | $19,850 |
| 2022 | $427 | $19,850 |
| 2021 | $427 | $19,850 |
| 2020 | $427 | $19,850 |
| 2019 | $427 | $19,850 +51.5% |
| 2018 | -- | $13,100 |
| 2017 | $312 | $13,100 |
| 2016 | $312 +20.2% | $13,100 |
| 2015 | $259 | $13,100 |
| 2014 | $259 | $13,100 |
| 2013 | -- | $13,100 -36.3% |
| 2011 | $394 | $20,575 |
| 2010 | $394 | $20,575 |
| 2009 | $394 | $20,575 |
| 2008 | -- | $20,575 +40.2% |
| 2007 | $345 +17.5% | $14,675 |
| 2006 | $294 +7% | $14,675 |
| 2005 | $274 | $14,675 |
| 2004 | $274 -17.1% | $14,675 -14.4% |
| 2003 | $331 | $17,150 0% |
| 2001 | -- | $17,155 -75% |
| 2000 | -- | $68,618 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Oak Grove
Nearby schools
GreatSchools rating
- 7/10Boones Creek Elementary SchoolGrades: PK-8Distance: 5 mi
- 6/10Daniel Boone High SchoolGrades: 9-12Distance: 5.7 mi
- 2/10Washington County Adult High SchoolGrades: 9-12Distance: 6.9 mi
Schools provided by the listing agent
- Elementary: Boones Creek Elementary
- Middle: Boones Creek Middle School
- High: Daniel Boone
Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Tennessee
- Washington County
- Johnson City
- 37615
- Oak Grove
- 473 Rockingham Rd
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