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For sale
  • $539,000

    473 Rockingham Rd, Gray, TN 37615

    --beds
    --baths
    1,620sqft
    : 
    Multi Family
    Built in 1993
    -- sqft lot
    $-- Zestimate®
    $333/sqft
    $-- HOA

    What's special

    Scenic boone lakeLake viewsDeeded boone lake accessUpdated floorsNew appliancesRemodeled bathrooms
    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!
    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#: 103429MLS Logo

    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
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    Estimated market value

    Not available

    Estimated sales range

    Not available

    Not available

    Price history

    Price history
    DateEventPrice
    9/17/2025Listed for sale$539,000+259.3%$333/sqft
    Source: SWVAR #103429 Report a problem
    10/30/2020Sold$150,000+172.7%$93/sqft
    Source: Public Record Report a problem
    6/11/2020Sold$55,000+266.7%$34/sqft
    Source: Public Record Report a problem
    2/13/1995Sold$15,000$9/sqft
    Source: Public Record Report a problem

    Public tax history

    Public tax history
    YearProperty taxesTax 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
      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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