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5302 Gray Rd, Knoxville, TN 37938

Knoxville
Local realty services provided by:CENTURY 21 Premier
5302 Gray Rd,Knoxville, TN 37938
$1,149,500
  • 3 Beds
  • 2 Baths
  • 1,600 sq. ft.
  • Single family
  • Active
Listed by: steve koleno
Office: beycome brokerage realty, llc.
MLS#:3066450
Source:NASHVILLE

Price summary

  • Price:$1,149,500
  • Price per sq. ft.:$718.44

About this home

Unique investment opportunity featuring three separate homes on one 16.5-acre parcel with excellent income and value-add potential. The main residence provides 3 bedrooms, 2 bathrooms, and a full basement, while the second home includes 2 bedrooms, 1 bathroom, a full basement, and a garage, and the third home features 2 bedrooms, 1 bathroom with a double-car garage—great for multi-generational living or multiple rental streams. The expansive acreage provides privacy, flexibility, and possible future development potential (buyer to verify). Conveniently located near shopping, dining, schools, healthcare, parks, and major road access, this property is well-suited for investors or owner-occupants seeking long-term upside and strong rental potential.

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Home facts

  • Year built:1988
  • Listing ID #:3066450
  • Added:90 day(s) ago
  • Updated:March 19, 2026 at 02:37 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Basement:Yes
  • Basement Description:Full
  • Living area:1,600 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fan(s), Cooling
  • Heating:Heating

Structure and exterior

  • Year built:1988
  • Building area:1,600 sq. ft.
  • Lot area:16.5 Acres
  • Levels:2 Story

Schools

  • High school:Halls High School
  • Middle school:Halls Middle School
  • Elementary school:Halls Elementary

Utilities

  • Water:Public, Water Available
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$1,149,500
  • Price per sq. ft.:$718.44
  • Tax amount:$1,669

Features and amenities

  • Laundry features:Dryer
  • Amenities:Ceiling Fan(s)

Parking

  • Total parking spaces:1
  • Parking description:Detached
  • Garage:Yes
  • Garage spaces:1
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