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Six-Unit Multifamily Property
For Sale
Contact for pricing
Pending

7900 Gray Heights Way, Knoxville, TN 37938

Three duplex buildings share one lot, with updated interiors and private outdoor areas serving each residence.

Property SizeContact for details
Days on Market142

Property Features for 7900 Gray Heights Way

General Information

Standard status Pending
Property subtype Multifamily

Units

Unit Mix 6 x 2BR/1.5BA
Multifamily Units 6

Amenities

covered porch with rear patio

Building Details

Buildings 3
Listing Agency: Honors Real Estate Services LLC
Listed By: Vincent Sprague · License #366113
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 5:37PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Honors Real Estate Services LLC

Investment Insights

Based on property information with market context.

This multifamily property comprises three duplex buildings on a single lot, creating six total residences. Each unit offers two bedrooms, 1.5 bathrooms, and 1,040 square feet, along with a covered porch and rear patio. Most units have received updates, and the property is described as well maintained.

Located at 7900 Gray Heights Way in Knoxville, Tennessee, the asset provides a compact six-unit configuration within one property. The individual duplex layout gives the site a clear residential income structure while preserving outdoor space for each unit.

Key Highlights

  • Three duplex buildings consolidated on one lot
  • Six total units, each with 2 bedrooms and 1.5 bathrooms
  • Each residence contains 1,040 square feet

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Restaurant Building Supply Hair Salon Auto Parts Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

6
Residential units

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 37938, TN

18,207
Population
7,208
Households
2.5
Avg Household Size
43
Median Age
33%
College-Educated
93%
High-School Grad
32.4 sq mi
ZIP Area
562
Density / Sq Mi
$80,868
Median Household Income
$46,806
Median Earnings
$1,091
Median Rent
$287,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Three duplex buildings share one lot, with updated interiors and private outdoor areas serving each residence.
Where is this multifamily property located?
The property is located at 7900 Gray Heights Way Knoxville, TN.
What are key features of this property?
This property features: Three duplex buildings consolidated on one lot; Six total units, each with 2 bedrooms and 1.5 bathrooms; Each residence contains 1,040 square feet
More about this property
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