231 Gay St

Erwin TN 37650

1250 sq. ft.

0.19 ac.

Single-Family

Last sold for $120,000

Paulette Biggers, last sold this property on 24 August 2026 after -3 days on market.

Overview

Seller Incentives Available! Seller offering closing costs and/or a decorating allowance, making this an excellent opportunity for first-time homebuyers or investors. Located in downtown Erwin, this 1,250-square-foot home is ready for its next owner. With solid potential and room for improvements, it's ideal for buyers looking to build equity through updates and renovations while enjoying the benefits of homeownership. Whether you're a handy homeowner seeking a live-in project or an investor looking for your next rehab opportunity, this property offers tremendous upside. Its location and layout also make it a strong candidate for a short-term rental or income-producing investment. Don't miss this affordable opportunity to create value and make this property your own!

Features

3 bedrooms

1 bathroom

1250 sq. ft. floor area

0.19 ac. lot size

Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Erwin over the last 12 months, the estimated median property value of 231 Gay St is $252.5k.

Median value

$252.5k

Estimated value range

$67.5k - $700k

Median days on market

Estimated value trend

-12%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Erwin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 231 Gay St

2026

Sold

$120,000

24 Aug 2026 by Paulette Biggers, of simpliHOM

2026

Sold

$120,000

24 Aug 2026 by Paulette Biggers, of simpliHOM

Happy sellers in Erwin

We have insufficient information to provide an overview of customer satisfaction for Erwin. Viewing the agent profiles, reviews and sales for Erwin can provide insights for this location.