Don't miss this exceptional chance to acquire prime investment properties bundled together in a highly desirable Johnson City location with deeded Boone Lake access. This unique offering includes multiple income-generating properties on a combined 1.15 acres of mostly flat, developable land. 473 Rockingham Rd: Renovated 3BR/2BA doublewide mobile home (1,620 sq ft) on 0.53 acres. Features new appliances, updated floors, and remodeled bathrooms. Currently rents for $1,650/month. 457, 459, 463, 465 Rockingham Rd: A 4-space mobile home park. Units at 457 & 459 are rented singlewides generating $425/month each. Lots at 463 & 465 are vacant and ready for additional homes or development. 136 Snyder Dr: Charming 744 sq ft home on 0.16 acres with lake access, currently rented for $850/month. All properties are adjacent and overlook scenic Boone Lake. A private dock could easily be added, enhancing recreational appeal and long-term value. With strong rental income, development potential, and lake views, this versatile property is perfect for investors, developers, or anyone seeking a unique multi-use asset. Consider building townhomes, apartments, vacation rentals, or even a lakeside campground. The possibilities are endless!
For sale
$539,000
473 Rockingham Rd, Gray, TN 37615
--beds
--baths
1,620sqft
Est.:
Multi Family
Built in 1993
-- sqft lot
$-- Zestimate®
$333/sqft
$-- HOA
What's special
Scenic boone lakeLake viewsDeeded boone lake accessUpdated floorsNew appliancesRemodeled bathrooms
- 84 days |
- 204 |
- 8 |
Zillow last checked: 8 hours ago
Listing updated: September 17, 2025 at 08:55am
Listed by:
Shaunna Collins 276-791-6867,
Holston Realty, Inc 423-793-8109
Source: SWVAR,MLS#: 103429
Tour with a local agent
Facts & features
Interior
Basement
- Area: 0
Heating
- Heat Pump
Cooling
- Central Air
Appliances
- Included: Range/Oven, Electric Water Heater
- Laundry: Main Level
Features
- Windows: Single Pane
- Basement: Crawl Space
- Fireplace features: None
Interior area
- Total structure area: 1,620
- Total interior livable area: 1,620 sqft
- Finished area above ground: 1,620
- Finished area below ground: 0
Property
Features
- Fencing: Fenced
- Water view: None
- Waterfront features: Lake, None
Details
- Parcel number: 013GA01600000
- Zoning: R
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Vinyl Siding
- Roof: Metal
Condition
- Year built: 1993
Utilities & green energy
- Electric: Separate Meters
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Cable Connected
Community & HOA
Location
- Region: Gray
Financial & listing details
- Price per square foot: $333/sqft
- Tax assessed value: $180,900
- Annual tax amount: $773
- Date on market: 9/17/2025
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 9/17/2025 | Listed for sale | $539,000+259.3%$333/sqft |
Source: | ||
| 10/30/2020 | Sold | $150,000+172.7%$93/sqft |
Source: Public Record Report a problem | ||
| 6/11/2020 | Sold | $55,000+266.7%$34/sqft |
Source: Public Record Report a problem | ||
| 2/13/1995 | Sold | $15,000$9/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $773 +81.2% | $45,225 +127.8% |
| 2023 | $427 | $19,850 |
| 2022 | $427 | $19,850 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$3,032/mo
Principal & interest
$2627
Property taxes
$216
Home insurance
$189
Climate risks
Neighborhood: Oak Grove
Nearby schools
GreatSchools rating
- 9/10University SchoolGrades: K-12Distance: 8.4 mi
- 6/10Daniel Boone High SchoolGrades: 9-12Distance: 5.7 mi
- 2/10Washington County Adult High SchoolGrades: 9-12Distance: 6.9 mi
Schools provided by the listing agent
- Elementary: Boones Creek Elementary
- Middle: Boones Creek Middle School
- High: Daniel Boone
Source: SWVAR. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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