x
Showing 1 of 0
X
Save

127 Patrick Lane
Gray TN 37615 US

$625,000

Active Listing ID 9990235
bed icon
8 bed
bath icon
4.00 Bath (4 Full)
home icon
Single Family Residence

$625,000

Active Listing ID 9990235
Save

127 Patrick Lane 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.

Collapse all

Property Features

  • Facts
  • Property Type: Residential
  • Property Sub-type: Single Family Residence
  • Features
  • Full Bathrooms: 4
  • Cooling System: Heat Pump
  • Floor Covering: Vinyl
  • Roof Type: Shingle
  • Heating Fuels: Heat Pump (Heating)
  • Additional Features
  • Basement
  • Patio

School Information

  • School
  • Gray(Elementary)
  • Gray(MiddleSchool)
  • Daniel Boone(HighSchool)

Property

  • propertytype: Residential
  • propertysubtype: Single Family Residence
  • listprice: 625000
  • unparsedaddress: 127 Patrick Lane
  • postalcity: Gray
  • stateorprovince: TN
  • country: US
  • postalcode: 37615
  • bathroomsfull: 4
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3750
  • livingareaunits: Square Feet
  • latitude: 36.437032
  • longitude: -82.455551
  • listagentfullname: Garrett Addington
  • listagentemail: Garrett@TheAddingtonAgency.com
  • listagentkey: 3yd-TVARMLS-32184
  • listagentmlsid: 32184
  • listagentpreferredphone: 4236461060
  • listagentofficephone: 4236461060
  • listofficekey: 3yd-TVARMLS-1251
  • listagentstatelicense: 337697
  • listofficemlsid: 1251
  • disclaimer: Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: TVARMLS
  • yearbuilt: 1950
  • listingcontractdate: 2026-01-16
  • listagenturl: http://GarrettAddington.com
  • countyorparish: Washington
  • parcelnumber: 005j E 024.00
  • elementaryschool: Gray
  • highschool: Daniel Boone
  • appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • cooling: Heat Pump
  • constructionmaterials: Brick
  • flooring: Vinyl
  • heating: Heat Pump (Heating)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 2
  • parkingtotal: 0
  • roof: Shingle
  • waterfrontyn: False
  • franchiseaffiliation: None
  • interiorfeatures: Remodeled
  • rooms: Bedroom 6, Bedroom 2, Basement, Bedroom 4, Bathroom 3, Bedroom 7, Bedroom 5, Bathroom 4, Bedroom 8, Bedroom 1, Bathroom 1, Bedroom 3, Bathroom 2
  • patioandporchfeatures: Deck, Patio
  • basement: Finished, Walk-Out Access
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -82.45555, 36.43703
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"The Addington Agency Bristol", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"Garrett@TheAddingtonAgency.com", "ListBrokerageCity":"Bristol", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"The Addington Agency Bristol", "ListBrokeragePhone":"(423) 845-5800", "ListBrokeragePostalCode":null, "ListBrokerageStateOrProvince":"TN", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"121 Bluff City Hwy", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"121 Bluff City Hwy ", "ListOfficeAddress2":"", "ListOfficeBrokerMlsId":"1251", "ListOfficeCity":"Bristol", "ListOfficeCountry":"USA", "ListOfficeEmail":"jenklusk@gmail.com", "ListOfficePostalCode":"37620", "ListOfficeStateOrProvince":"TN", "ListPriceCurrencyType":"USD", "ListingTitle":"SINGLE_FAMILY - Gray, TN", "ListingURL":null, "MLSModificationTimestamp":"2026-01-16 16:21:14", "Neighborhoods":[{"Description":null, "Name":"Not In Subdivision"}], "PostalCode":null, "RoomCount":24, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":849, "TaxDescription":null, "TaxYear":null}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/16/2026 4:22:07 PM GMT
Source Updated Date: 1/17/2026 6:46:27 PM GMT

Courtesy of: Garrett Addington, The Addington Agency Bristol, Garrett@TheAddingtonAgency.com

Copyright © 2026 Tennessee Virginia Regional Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.