5302 Gray Rd

Knoxville TN 37938

1600 sq. ft.

16.5 ac.

Single-Family

Currently for sale - view listing

Overview

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.

Features

3 bedrooms

2 bathrooms

1 carspace

1 garage space

1600 sq. ft. floor area

16.5 ac. lot size

Single-Family

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