Income-Producing Residential Investment
166-178 Gray Station Road Johnson City, TN 37615
For Sale
$599,000
COMMERCIAL - Johnson City, TN
Property Size99,999 SF
Lot Size3.70 Acres
Price / SF$5.99
Days on Market451
Property Features for 166-178 Gray Station Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- R
- Standard status
- Active
- APN
- 005j F 003.00
- Size
- 99,999 SF
- Lot size
- 3.70 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3354
Utilities
- Sewer type
- Public Sewer
- Water source
- Public
Building Details
- Year built
- 1935
Listing Agency:
Hurd Realty, LLC
(423) 491-8335
Listed By:
Brian Parlier · License #359767
(404) 931-4874
Added: May 1, 2025
Changed: May 22
Last Checked: Jul 25 at 7:06PM
MLS# 9979640
Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This investment opportunity features two separate parcels totaling approximately 3.7 acres. The property includes seven rental income-producing single-family homes, all connected to sewer, and two additional garages. Located off Gray Station Road, the property is situated minutes from Franklin Woods Medical Center, Boone Lake, local restaurants, and shopping. All properties are on month-to-month leases and annually gross approximately $73,000. Property taxes for 2024 were $3,354.17, and the approximate monthly water expense is $450. The property is being sold AS IS.
Key Highlights
- Investment opportunity with 7 income‑producing single‑family homes.
- Approximately 3.7 acres consisting of 2 separate parcels.
- Gross annual income of approximately $73,000.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Seven single-family homes on 3.7 acres near Gray Station Road.
Where is this single family property located?
The property is located at 166-178 Gray Station Road Johnson City, TN.
What is the asking price?
The asking price for this property is $599,000.
What are key features of this property?
This property features: Investment opportunity with **7 income‑producing single‑family homes**.; Approximately 3.7 acres consisting of 2 separate parcels.; Gross annual income of approximately $73,000.
