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

$799,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Brian Parlier

, 

Melody Hughes

Hurd Realty, LLC.

423-491-8335

Last updated:

May 2, 2025, 02:53 PM

MLS#

9979565

Source:

TNVA MLS

About This Home

166-178 Gray Station Road

Looking for an investment opportunity? Look no further!! OWNER FINANCING AVAILABLE 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! OWNER FINANCING OPTION: - 25% down - 6% interest rate - 30-year amortization - 5-year balloon Realtors - Please READ private remarks

Home Facts

Multi-Family

Built in 1935

Price Summary

799,000

MLS #:

9979565

Last Updated:

May 2, 2025, 02:53 PM

Added:

20 day(s) ago

Structure

Structure

Architectural Style:

Traditional

Year Built:

1935

Lot

Lot Size (Sq. Ft):

161,172

Finances & Disclosures

Finances

Price:

$799,000

Source:TNVA MLS
The information being provided by Tennessee Virginia Regional MLS is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2025 Tennessee Virginia Regional MLS All rights reserved.

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Contact an Agent

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By clicking Contact I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means and prerecorded messages about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Notice.