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127 Patrick Lane, Gray, TN 37615

Local realty services provided by:CENTURY 21 Legacy
127 Patrick Lane,Gray, TN 37615
$625,000
  • 8 Beds
  • 4 Baths
  • 3,750 sq. ft.
  • Single family
  • Active
Listed by: garrett addington
Office: the addington agency bristol
MLS#:9990235
Source:TNVA_MLS

Price summary

  • Price:$625,000
  • Price per sq. ft.:$166.67

About this home

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

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Home facts

  • Year built:1950
  • Listing ID #:9990235
  • Added:1 day(s) ago
  • Updated:January 18, 2026 at 04:34 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Full bathrooms:4
  • Living area:3,750 sq. ft.

Heating and cooling

  • Cooling:Heat Pump
  • Heating:Heat Pump

Structure and exterior

  • Year built:1950
  • Building area:3,750 sq. ft.

Schools

  • High school:Daniel Boone
  • Middle school:Gray
  • Elementary school:Gray

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$625,000
  • Price per sq. ft.:$166.67

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