7900 Gray Heights Way

Knoxville, TN 37938

$1,100,000
Price
Beds
6,240 Sq. Ft.
$176 / Sq. Ft.
6,240
Sq. Ft.
$176
per Sq. Ft.

Description

Welcome to an investment opportunity in the growing Halls area of Knoxville. This well maintained property consists of three duplexes on one lot, offering a total of six units. Each unit has 2 bedrooms and 1.5 bathrooms with 1,040 square feet. Additionally, the units feature a covered porch with rear patio. Most units have been updated to achieve top market rental income. Each unit can be resold as individual units. Financials are available upon request.Welcome to an investment opportunity in the growing Halls area of Knoxville. This well maintained property consists of three duplexes on one lot, offering a total of six units. Each unit has 2 bedrooms and 1.5 bathrooms with 1,040 square feet. Additionally, the units feature a covered porch with rear patio. Most units have been updated to achieve top market rental income. Each unit can be resold as individual units. Financials are available upon request.
  1. Listed by Vincent Sprague • Honors Real Estate Services LLC

Amenities

  • Air Conditioning
  • Parking Included
  • Porch
  • Private Outdoor Space
  • Washer / Dryer in Unit

Location

Listing Courtesy of Honors Real Estate Services LLC, Vincent Sprague
Add your commute
LISTING UPDATED: 04/25/2024 03:03 PM

Property Details for 7900 Gray Heights Way

StatusActive
MLS #1257964
Days on Market33
Taxes$3,799 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1999
Lot Size0.00 AC / 0 SF
CountyKnox County

Location

Listing Courtesy of Honors Real Estate Services LLC, Vincent Sprague
Add your commute

Building Information for 7900 Gray Heights Way

Stories-Residences6Year Built1999Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$6,320 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,003

Property Taxes

$317

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7900 Gray Heights Way

Summary
Location and General Information
  • City: Knoxville
  • County Or Parish: Knox County - 1
  • Directions: GPS Friendly.
  • Latitude: 36.106459
  • Longitude: -83.922097
  • MLS Area Major: Knox County - 1
  • MLS Area Minor: Knox County - 1
  • Postal Code: 37938
  • State Or Province: TN
  • Location Tax Legal Info Area: Knox County - 1
  • Remarks Misc Directions: GPS Friendly.
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking, Off-Street Parking
  • General Property Description Driveway: Asphalt
  • Garage Parking Off-Street Parking: True
  • Garage Parking On Premise Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 028 25406
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 3798.6
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1999
  • Building Area Total: 6240.0
  • Living Area Source: Agent
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 136x300
  • General Property Description SqFt - Source: Agent
  • General Property Description Lot Dimensions: 136x300
Property and Assessments
  • Possession: At Closing
  • Sign On Property: No
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Electric: True
  • Misc Features Internet Available: True
  • Misc Features Wired for Internet: True
  • Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Vinyl, Porch - Covered, Patio
  • Construction Materials: Vinyl, Brick, Frame
  • Siding Brick: True
  • Siding Vinyl: True
  • Exterior Features Patio: True
  • Exterior Features Porch - Covered: True
  • Exterior Features Windows - Vinyl: True
  • Miscellaneous Patio: True
  • Miscellaneous Porch: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Smoke Detector, Refrigerator
  • Flooring: Laminate, Carpet, Vinyl
  • Heating: Yes
  • Cooling Ceiling Fan(s): True
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Laminate: True
  • Floors Vinyl: True
  • Heat Central: True
  • Heat Forced Air: True
  • Appliances Dishwasher: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Other Rooms Family Room: True
  • Roof Asphalt: True
  • Misc Features WasherDryer Connect: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 6
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Townhouse: True
  • Type of Units Unfurnished: True
Unit 1
  • Unit 1 Unit Number: 7900
  • Unit 1 Beds Total: 2
  • Unit 1 Rent: 950
  • Unit 1 Squarefeet: 1040.0
  • Unit 1 Furnished: Unfurnished
Unit 2
  • Unit 2 Unit Number: 7902
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 1400
  • Unit 2 Squarefeet: 1040.0
  • Unit 2 Furnished: Unfurnished
Unit 3
  • Unit 3 Unit Number: 7910
  • Unit 3 Beds Total: 2
  • Unit 3 Rent: 860
  • Unit 3 Squarefeet: 1040.0
  • Unit 3 Furnished: Unfurnished
Unit 4
  • Unit 4 Unit Number: 7912
  • Unit 4 Beds Total: 2
  • Unit 4 Rent: 1400
  • Unit 4 Squarefeet: 1040.0
  • Unit 4 Furnished: Unfurnished
Unit 5
  • Unit 5 Unit Number: 7918
  • Unit 5 Beds Total: 2
  • Unit 5 Rent: 1400
  • Unit 5 Squarefeet: 1040.0
  • Unit 5 Furnished: Unfurnished
Unit 6
  • Unit 6 Unit Number: 7920
  • Unit 6 Beds Total: 2
  • Unit 6 Rent: 1400
  • Unit 6 Squarefeet: 1040.0
  • Unit 6 Furnished: Unfurnished
Rental
Rent Information
  • General Property Description Lease Information: Financials available upon request
  • Tenant Expenses Cooling: True
  • Tenant Expenses Electricity: True
  • Tenant Expenses Gas: True
  • Tenant Expenses Heating: True
  • Tenant Expenses Tenant Pays All Utilities: True
  • Tenant Expenses Trash Collection: True
  • Tenant Expenses WaterSewer: True

Property History for 7900 Gray Heights Way

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7900 Gray Heights Way

Taxable ValueLand-Additions-Total-
Tax Record2023$3,799 ($317 / month)
Home Facts
Beds4Baths12Total Finished SqFt2,080 SqFtAbove Grade Finished SqFt2,080 SqFtStories2Lot Size43,560 SqFtStyleSingle Family ResidenceYear Built1998CountyKNOXAPN028 25406

Schools near 7900 Gray Heights Way

This home is within Knox County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Halls Elementary School
PublicPK to 5

Halls Middle School
Public6 to 8

Halls High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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7900 Gray Heights Way is a multi-family home for sale in Knoxville, TN 37938. This property was listed for sale on April 3, 2024 by Honors Real Estate Services LLC, it's currently listed at $1,100,000. This listing's school district is Knox County School District. Nearby schools include Halls Elementary School, Halls Middle School and Halls High School. 7900 Gray Heights Way is a 0-bed, 0-bath, 6,240 sqft multi-family home built in 1999.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Honors Real Estate Services LLC, Vincent Sprague

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 04/25/2024 03:03 PM