USATNGrayNot in Subdivision127 Patrick Lane

127 Patrick Lane, Gray, TN

Name: 127 Patrick Lane, For Sale in Gray - Zoocasa
Brand: The Addington Agency Bristol
SKU: 9990235
Price: 625000 USD

House

For Sale

Listed price in listed location currency (USD).

$625,000

840

MLS® 9990235

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 3750 sqft

Garage No

Taxes

Days Active 1

Lot Size

Approx. Age 1950

Avg. Price Per Sqft $166

MLS® Number 9990235

Property Address: 127 Patrick Lane, Gray, TN, 37615

Average square foot calculated using Size range provided by listing agent.

Description

Looking for a lucrative investment in the heart of the Tri-Cities? Don't miss this one—location, location, location! Boasting four units in true turnkey condition, this stacked-flat fourplex offers 3, 750+ sqft of finished living space and has been completely remodeled throughout. Currently generating a strong return, this like-new property has undergone extensive renovations throughout, including new flooring, sheetrock, mechanicals, roof, windows, kitchens, bathrooms, and more—making this a low-maintenance, plug-and-play investment. Individually metered and fully occupied, the property lends itself to a variety of investment strategies. Explore options such as long-term rentals, STRs, rent-by-the-room with PadSplit, or simply continue enjoying the solid cash flow from an already stabilized asset. Each unit features a spacious floor plan with 2 large bedrooms and 1 full bathroom, highlighted by durable LVP flooring, HVAC, laundry hookups, and dedicated outdoor space—all contributing to strong tenant appeal. Strategically positioned in the heart of everything, this property is located in an established neighborhood convenient to all nearby attractions that include local parks, retail, restaurants, grocery stores, while also being just a short drive away from nearly everything in the TriCities with easy access to I-81 & I-26! Whether you're a seasoned investor looking to strengthen your portfolio or an owner-occupant aiming to house hack and live for free, this property delivers exceptional versatility and tremendous upside. Opportunities like this don't come often—priced to sell at $625, 000. Don't miss your chance—call today! Information deemed reliable but collected from third-party sources and subject to buyer and buyer's agent verification.

MLS® Number9990235

Laundry LevelElectric Dryer Hookup, Washer Hookup

Central VacNo

FireplaceNo

Acreage0

Exterior

GarageNo

Approx. Age1950

BasementFinished, Walk-Out Access

Driveway

Garage Spaces

Heat

A/C

Heating Fuel

Extras

Similar Listings

Price History

-End Date

Not Sold YetSold Price

For Sale

Jan 16, 2026List Date

$625,000List Price

Commute

Commute

Starting Address

Destination Address

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