166-178 Gray Station Road
Johnson City, TN 37615
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Bed
0
Bath
3.70Acres(Lot)
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 quickl
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Roofing Information
See Remarks -
Interior Features
Roof: See Remarks Laundry Features: Electric Dryer Hookup, Washer Hookup -
Heating & Cooling
Has Heating: Yes Heating: See Remarks
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Building Information
Year Built: 1935 Construction Materials: Other, See Remarks Patio And Porch Features: See Remarks Private Pool: No View: Mountain(s)
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Lot Information
Lot Dimensions: 150642 sq ft Main Square Feet: 3.7 Acres Lot Size Acres: 3.7 Lot Size Square Feet: 161172Property Information
Subdivision: Not In Subdivision Source Property Type: Residential Income Levels: One Property Age: 91
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Listing Price Information
Listing Price: $599000
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Tax Information
Parcel Number: 005j F 003.00
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Parking Information
See Remarks
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School Information
Elementary School: GrayJunior High School: Gray MiddleSenior High School: Daniel Boone -
Location Information
Direction: From 6547 Kingsport Hwy, Johnson City, TN 37615 Head northwest on Kingsport Hwy / TN-36 toward Ben Jenkins Rd Turn left onto Gray Station Rd Turn left to stay on Gray Station Rd Keep right to stay on Gray Station Rd Arrive at Gray Station Rd on the right WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 473 Rockingham Road, Johnson City, TN, 37615 | $539,000 | -- | -- | -- |
Similar Multifamily To 166-178 Gray Station Road
Nearby For Sale
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than ByOwner, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. Copyright © 2026 Tennessee Virginia Regional MLS. All Rights Reserved.
ByOwner last updated this listing 06/20/2026 @ 03:38
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