125 Parsonage Road
Elizabethton, TN, 37643 $ 380,000
Baths0.0 Sq 2,224 Monthly Estimate*
$ 2,340
Studio for $380,000. This 2,224 square foot home was built in 1988 on a lot size of 0.87.
Rare Multi-Generational & Income-Producing Opportunity on Nearly an Acre! Welcome to 125 Parsonage Drive, a unique property offering two separate single-level homes on a peaceful 0.87-acre lot in Elizabethton. Whether you're looking for a multi-generational living arrangement, an income-producing investment, or a private homestead with room for extended family, this property offers endless possibilities. The primary residence features 2 bedrooms, 1 full bath, beautiful hardwood floors, and an open-concept living area filled with natural light. The spacious kitchen boasts granite countertops, a center island, tiled flooring, and a gas stove. The bathroom has been tastefully updated with floor-to-ceiling tile and a stand-up shower. Outdoor living shines with a screened-in porch overlooking the above-ground pool, hot tub, and brick patio--creating the perfect setting for entertaining or relaxing. The second residence is a fully functional 2-bedroom, 1-bath home with its own kitchen, living area, washer and dryer hookups, and durable LVP flooring throughout. Currently tenant occupied, this home provides immediate income potential or could serve as an in-law suite, guest quarters, or private space for extended family. Additional features include an oversized detached garage, a large front yard, public water, and a desirable location just minutes from town while remaining outside city limits and city taxes. Properties offering this level of flexibility are hard to find. Live in one home and rent the other, accommodate multiple generations under one property, or add a valuable income stream to your portfolio. The opportunities at 125 Parsonage Drive are truly endless. Buyers/Buyers agent to verify all info.
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FeaturesGeneralSewer Septic Tank
Heating Heat Pump
Cooling Heat Pump
Utilities Electricity Connected
Roof Shingle
Appliances Dryer Gas Range Microwave Refrigerator Washer
Zoning Residential
Garage Spaces 1
Patio/Porch Features Covered Front Porch Patio Rear Patio Screened
Architectural Style Ranch
Pool Features Above Ground
Construction Materials Masonite Vinyl Siding Other
Year Built 1988
Topography Level
Property Subtype Multi Family
County Carter
New Construction false
Property Type Multi Family
Association Amenities Landscaping Spa/Hot Tub
HOA false
Attached Garage false
Subdivision Name Not In Subdivision
Other Structures Guest House Pool House Storage
Status Active
Directions From US-19E in Elizabethton to 125 Parsonage Rd: Take the exit or turn for TN-91 / Stoney Creek Rd. Follow TN-91 (Stoney Creek Rd) for approximately 9 miles. Turn left onto Parsonage Rd. Continue a short distance -- 125 Parsonage Rd will be on the left.
High School Unaka
City Elizabethton
Lot Size Units Acres
Lot Size Square Feet 37897.2
Elementary School Unaka
Middle/Junior High School Unaka
Property Condition Average
Structure Type House
Standard Status Active
Conventional true
FHA true
Vinyl Siding true
Cash true
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InteriorInterior Amenities Eat-in Kitchen Granite Counters Kitchen Island Kitchen/Dining Combo Open Floorplan Remodeled Restored Shower Only Solid Surface Counters
Basement Crawl Space
Flooring Ceramic Tile Hardwood
Total Fireplaces 0
Air Conditioning Y/N true
Heating Y/N true
Window Features Double Pane Windows
Fireplace Y/N false
Laundry Features Electric Dryer Hookup Washer Hookup
Total Baths 0
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ExteriorFencing Back Yard Front Yard
Parking Features Deeded Asphalt Detached
Water Source Public
Lot Size Area 0.87
Foundation Details Block
Building Area Total 2224
Lot Dimensions See Acres
Lot Size Acres 0.87
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* Excluded FeaturesList ByPayton SpencerListing Agent
payton@hurdrealtytn.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,340
- Monthly Property Taxes
- $88
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Elizabethton, TN
Average List Price $314,950
Percent of Sale Price 17%
About Elizabethton, TN 14,750 Population
1% Since 2002
$ 30,936 Median Income
40.52 Median Age
21% Households with Children
Trends Information provided by ATTOM Data Solutions.
857603 Elementary School
857025 Middle School
Unaka High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 6/1/2026 | $380,000 | | Listed Price |