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.
Property Features
Cooling Information
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Other
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Other
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Public
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Water Available
Parking
Detached
Basement
Full
School Information
School Information for 5302 Gray Rd, Knoxville, TN 37938
Based on information submitted to the MLS GRID as of 2025-12-19 20:24:59 . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: 2025-12-19 20:24:59
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