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231 Gay St, Erwin, TN 37650

$120,000

Last sold 08/24/2026 after 115 Days

3
bed
1
bath
1,250
Sqft ($96/Sqft)

House not for sale

About 231 Gay St

Property type House

Neighborhood

Year built 1910

HOA fee $0/month

Lot size 8,276 Sqft

Property description

Seller Incentives Available! Seller offering closing costs and/or a decorating allowance, making this an excellent opportunity for first-time homebuyers or investors. Located in downtown Erwin, this 1,250-square-foot home is ready for its next owner. With solid potential and room for improvements, it's ideal for buyers looking to build equity through updates and renovations while enjoying the benefits of homeownership. Whether you're a handy homeowner seeking a live-in project or an investor looking for your next rehab opportunity, this property offers tremendous upside. Its location and layout also make it a strong candidate for a short-term rental or income-producing investment. Don't miss this affordable opportunity to create value and make this property your own!

Listed by

Listing Agent - Paulette Biggers

Listing Office - SimpliHOM

Source: East Tennessee REALTORS®

MLS#1339180 • last updated 1 month ago

Movoto checked East Tennessee REALTORS® for data 17 minutes ago

Overview
Cooling/AC	Central Cooling
Heating	Central, Heat Pump, Electric
Levels/Style	Traditional
Status	Closed
SubType	Single Family Residence
SqFt	1250
Lot Size (Sqft)	8276.4
Lot Size (Acres)	0.19
Year Built	1910

Interior
Total # of Bathrooms	1
# of Full Baths	1
Total # of Bedrooms	3
Total # of Rooms	5
Flooring	Hardwood, Vinyl
Fireplace	None

Exterior
Construction	Aluminum Siding, Frame
Parking	On-Street Parking
Lot Features	Level

Amenities / Utilities
Water Source	Public
Security Features	Smoke Detector

Location
Area	Unicoi County
APN	023N A 1300 0
Directions	N. Main Avenue To Downtown Erwin. Left On Gay Street. Home On Left At 231

We are not permitted to show value estimates for this property.

Lower your payment with the loan terms that fit you.

Aug 2026
MLS # 3527336
Aug 31, 2026 Sold
$120,000
Aug 27, 2026 Listed
$159,000 (+32.5%)
Jul 29, 2026 Active
—
Aug 2026
MLS # 1339180
Aug 31, 2026 Sold
$120,000 (-24.5%)
Jul 29, 2026 Pending
—
Jul 23, 2026 Listed
—
Jul 15, 2026 Pending
—
May 1, 2026 Listed
$159,000 (+78.7%)
Aug 2026
MLS # 3186302
Aug 27, 2026 Sold
$120,000 (-24.5%)
Jul 29, 2026 Active
—
Jul 22, 2026 Listed
—
Jul 13, 2026 Active
—
May 1, 2026 Listed
$159,000
Sep 2017
MLS # 393615
Sep 13, 2017 Price Change
$89,000 (-6.3%)
Jun 26, 2017 Listed
$95,000 (+85.9%)
Sep 2002
Public Records
Sep 12, 2002 Sold
$51,100

231 Gay St
$120K
Unicoi County
—
37650
$349K +27% y/y
Erwin
$349K +27% y/y

No chart available

Statistics calculated by Movoto

	Est. value	Bed/bath	Sqft	mi
103 N Elm Ave, Erwin, TN 37650	$255,000	—/1	1,771	0.01
229 Gay St, Erwin, TN 37650	$123,000	—/1	1,440	0.01
110 N Elm Ave, Erwin, TN 37650	$303,000	3/2	2,070	0.04
114 N Elm Ave, Erwin, TN 37650	$283,000	—/—	2,156	0.05
308 Gay St, Erwin, TN 37650	$222,000	—/2	1,318	0.05
232 Tucker St, Erwin, TN 37650	$325,000	3/2	1,488	0.05
236 Tucker St, Erwin, TN 37650	$198,000	—/1	984	0.06
118 N Elm Ave, Erwin, TN 37650	$272,000	4/2	1,875	0.06

Estimated values are based on public record data and automated valuation models. Values are not guaranteed and may not reflect current market conditions.