$1,149,800

5302 Gray RD, Knoxville, TN 37938

  • 3 beds |
  • 2 baths |
  • 1,600 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon16.5acre lot
  • Property Parking Icon 1 car garage
  • Property Price Per Square Feet Icon $719/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

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.

Listing Status:
Active
Date Added:
December 18, 2025
Data Last Updated:
February 14, 2026 at 7:20AM
Listing Office:
Beycome Brokerage Realty, LLC : 8046565007
Listing Agent:
Steve Koleno : 8046565007
MLS ID:
3066450
  • General: Ceiling Fan(s)
  • Appliances: Dryer
  • Basement: Full
  • Flooring: Other
  • A/C: Other
  • Heating: Other
  • Parking: DetachedParking spaces: 1
  • General: One
  • Originating MLS: realtrac
  • County: Knox CountyTN
  • Zoning: 019 21301
  • Utilities: Water Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: realtrac

This listing courtesy of Steve Koleno , Beycome Brokerage Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Halls Elementary School

7502 Andersonville Pike, Knoxville, TN, 37938

Grades PK-5

2.07 miles away

H

Halls Middle School

4317 E Emory Rd, Knoxville, TN, 37938

Grades 6-8

2.03 miles away

H

Halls High School

4321 E Emory Rd, Knoxville, TN, 37938

Grades 9-12

1.92 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.