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Sold for $535,000
  • $535,000

    206 Gay St, Erwin, TN 37650

    4beds
    2baths
    8,792sqft
    Multi Family
    Built in 1910
    -- sqft lot
    $540,900 Zestimate®
    $61/sqft
    $1,772 Estimated rent

    Home value

    $540,900

    Estimated sales range

    Not available

    $1,772/mo

    Zestimate® history
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    $1,772/mo

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    $1,772/mo

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    $3,073/mo

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    $3,073/mo

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    What's special

    Own a Piece of Erwin's History - A Fully Renovated, Income-Producing Gem. Step into the past while embracing the future with this historic property in the heart of downtown Erwin. This beautifully restored building has been transformed into a multi-use space. The newly renovated interiors preserve the charm of its 1910 origins while offering modern conveniences. The first floor currently operates as an event venue, complete with a caterer's kitchen, making it an ideal setting for weddings, corporate events, pop-up markets, or even a unique restaurant concept. But the possibilities don't stop there—this space is a blank canvas waiting for your business dream to come to life! From a brewery or coffee shop to a retail storefront, art gallery, or co-working hub, this property has many possibilities. Two fully renovated apartments upstairs, one of which is a successful Airbnb, this property is not only a turnkey income generator but also a perfect space for short-term or long-term rentals. An additional private office space offers flexibility for remote work, creative endeavors, or even a boutique business suite. What a great opportunity to be a part of Erwin's history.

    Zillow last checked: 7 hours ago

    Listing updated: November 20, 2025 at 06:49pm

    Listed by:

    Bryan Sangid 423-656-0333,

    The Elite Team Agency,

    Joe Wilson 423-656-0333,

    The Elite Team Agency

    Bought with:

    Dylan Holly, 334258

    The Elite Team Agency

    Source: TVRMLS,MLS#: 9977982

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Central
    Cooling
    • Central Air
    Interior area
    • Total structure area: 8,792
    • Total interior livable area: 8,792 sqft

    Property

    Features
    • Stories: 2
    Lot
    • Size: 4,791 sqft
    • Dimensions: */- .11 acres
    • Topography: See Remarks
    Details
    • Parcel number: 023n W 002.03
    • Zoning: Commercial

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    • Roof: Other
    Condition
    • Year built: 1910

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: See Remarks

    Community & neighborhood

    Location
    • Region: Erwin

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    11/19/2025Sold$535,000-10.7%$61/sqft
    Source: TVRMLS #9977982 Report a problem
    10/2/2025Pending sale$599,000$68/sqft
    Source: TVRMLS #9977982 Report a problem
    9/3/2025Listed for sale$599,000$68/sqft
    Source: TVRMLS #9977982 Report a problem
    7/25/2025Pending sale$599,000$68/sqft
    Source: TVRMLS #9977982 Report a problem
    7/8/2025Price change$599,000-7.7%$68/sqft
    Source: TVRMLS #9977982 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 37650

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Rock Creek
    • Middle: Unicoi Co
    • High: Unicoi Co

    Source: TVRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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