Welcome to an investment opportunity in the growing Halls area of Knoxville. This well maintained property consists of three duplexes on one lot, offering a total of six units. Each unit has 2 bedrooms and 1.5 bathrooms with 1,040 square feet. Additionally, the units feature a covered porch with rear patio. Most units have been updated to achieve top market rental income. Financials are available upon request.
Closed
$1,050,000
7900 Gray Heights Way, Knoxville, TN 37938
--beds
--baths
6,240sqft
Multi Family
Built in 1999
-- sqft lot
$1,062,500 Zestimate®
$168/sqft
$1,878 Estimated rent
Home value
$1,062,500
$988,000 - $1.15M
$1,878/mo
Zestimate® history
Owner options
List your home for rent
$1,878/mo
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$1,878/mo
Rent Zestimate®
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$5,988/mo
Est. payment
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$5,988/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Vincent Sprague 865-238-0002,
Honors Real Estate Services LLC
Bought with:
Brett Shoffner, 370066
BHHS Dean-Smith Realty
Source: RealTracs MLS as distributed by MLS GRID,MLS#: 2903376
Facts & features
Interior
Heating
- Central, Electric, Other
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Laundry: Washer Hookup, Electric Dryer Hookup
Features
- Flooring: Carpet, Laminate, Vinyl
- Has fireplace: No
Interior area
- Total structure area: 6,240
- Total interior livable area: 6,240 sqft
Property
Features
- Levels: Three Or More
Lot
- Size: 0.94 Acres
- Dimensions: 136 x 300
Details
- Parcel number: 028 25406
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Materials
- Frame, Vinyl Siding, Other, Brick
Condition
- New construction: No
- Year built: 1999
Community & HOA
Community
- Security: Smoke Detector(s)
Location
- Region: Knoxville
Financial & listing details
- Price per square foot: $168/sqft
- Tax assessed value: $611,100
- Annual tax amount: $3,799
- Date on market: 6/5/2025
- Total actual rent: 0
- Tenant pays: Gas, Electricity
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 3/25/2026 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 9/10/2025 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 9/8/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 9/7/2025 | Listing removed | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 8/12/2025 | Listed for rent | $1,400 |
Source: Zillow Rentals Report a problem | ||
| 2/10/2025 | Sold | $1,050,000-4.5%$168/sqft |
Source:  RealTracs MLS as distributed by MLS GRID #2903376 Report a problem | ||
| 9/30/2024 | Pending sale | $1,100,000$176/sqft |
Source:  East Tennessee Realtors #1257964 Report a problem | ||
| 5/20/2024 | Listed for sale | $1,100,000$176/sqft |
Source: East Tennessee Realtors #1257964 Report a problem | ||
| 5/7/2024 | Pending sale | $1,100,000$176/sqft |
Source: East Tennessee Realtors #1257964 Report a problem | ||
| 4/25/2024 | Price change | $1,100,000-2.2%$176/sqft |
Source: East Tennessee Realtors #1257964 Report a problem | ||
| 4/3/2024 | Listed for sale | $1,125,000+5525%$180/sqft |
Source: East Tennessee Realtors #1257964 Report a problem | ||
| 7/30/1997 | Sold | $20,000$3/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,799 | $244,440 |
| 2024 | $3,799 | $244,440 |
| 2023 | $3,799 | $244,440 |
| 2022 | $3,799 +2.2% | $244,440 +39.4% |
| 2021 | $3,718 | $175,400 -60% |
| 2020 | $3,718 | $438,500 |
| 2019 | $3,718 | $438,500 |
| 2018 | $3,718 | -- |
| 2017 | $3,718 -5.5% | $109,625 |
| 2016 | $3,935 | -- |
| 2015 | $3,935 | -- |
| 2014 | $3,935 +0% | -- |
| 2013 | $3,935 +16.7% | -- |
| 2012 | $3,371 | -- |
| 2011 | $3,371 | $142,840 |
| 2010 | $3,371 | $142,840 |
| 2009 | $3,371 -1.9% | $142,840 +11.8% |
| 2008 | $3,436 +60% | $127,720 +60% |
| 2007 | $2,147 | $79,825 |
| 2005 | $2,147 -16.1% | $79,825 -7.7% |
| 2003 | $2,560 | $86,475 |
| 2002 | -- | $86,475 |
| 2001 | -- | $86,475 +238.1% |
| 2000 | -- | $25,575 |
Find assessor info on the county website
Neighborhood: 37938
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Nearby schools
GreatSchools rating
- 7/10Halls Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 5/10Halls Middle SchoolGrades: 6-8Distance: 1.4 mi
- 5/10Halls High SchoolGrades: 9-12Distance: 1.3 mi
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- Tennessee
- Knox County
- Knoxville
- 37938
- 7900 Gray Heights Way
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