$625,000
127 Patrick Lane
Gray, TN 37615
MLS# 9990235
8 beds  |  4 baths  |  3750 sqft


127 Patrick Lane, Gray, TN 37615
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127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615 127 Patrick Lane, Gray, TN 37615

Property 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.

Details
Maps
Location, Tax & Legal Info
City Taxes: 0
County Taxes: 848.59
Contract Info
List Price/SqFt: 166.66
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 625000
Current Price: $625,000
Listing Date: 2026-01-16
General Property Description
Lot Dimensions: IRR
Acres: 0
Zoning: Residential
Deed Book #: 1069
Deed Page #: 2244
Elementary School: Gray
Middle School: Gray
Parcel ID: 005j E 024.00
High School: Daniel Boone
Home Warranty: No
HOA Y/N: No
Baths - Full: 4
Total SqFt Finished: 3750
Total SqFt Unfinished: 0
Total Rooms: 24
Above Grade SqFt: 1875
Property Sub-Type: Single Family Residence
# Bedrooms: 8
Total Baths: 4
Year Built: 1950
Total SqFt: 3750
Remarks & Misc
Public Remarks: 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.
Directions: From I-26, Take exit 13 to merge onto TN-75 N/Bobby Hicks Hwy. Turn left onto Cox Rd. Sharp right onto Gray Station Rd.
Property Condition
Above Average: 1
SqFt Details
Finished SqFt Level 1: 1875
Basement Total SqFt: 1875
Basement Finished SqFt: 1875
Exterior Finish
Brick: 1
Style
Other: 1
See Remarks: 1
Roof
Shingle: 1
Levels
Two: 1
Interior Features
Remodeled: 1
Heating
Heat Pump: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Appliances
Dishwasher: 1
Electric Range: 1
Microwave: 1
Refrigerator: 1
Topography/Lot Description
Level: 1
Rolling Slope: 1
Laundry Features
Electric Dryer Hookup: 1
Washer Hookup: 1
Flooring
Luxury Vinyl: 1
Easements
Rec. Right of Way: 1
See Remarks: 1
Basement
Finished: 1
Walk-Out Access: 1
Financing
Cash: 1
Conventional: 1
Other Rooms
Laundry: 1
Porch/Patio/Deck
Deck: 1
Patio: 1
Walls
Drywall: 1
Structure Type
Quadruplex: 1
Location Tax Legal Info
Street #: 127
Street Name: Patrick
St Suffix: Lane
County: Washington
State/Province: TN
Zip Code: 37615
Area: 307 - Gray/Boones Creek
Subdivision: Not In Subdivision
Property Features
Property Condition: Above Average
Style: Other; See Remarks
Levels: Two
Exterior Finish: Brick
Interior Features: Remodeled
Appliances: Dishwasher; Electric Range; Microwave; Refrigerator
Laundry Features: Electric Dryer Hookup; Washer Hookup
Flooring: Luxury Vinyl
Roof: Shingle
Other Rooms: Laundry
Heating: Heat Pump
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Walls: Drywall
Basement: Finished; Walk-Out Access
Easements: Rec. Right of Way; See Remarks
Financing: Cash; Conventional
Structure Type: Quadruplex

Listing Office: The Addington Agency Bristol

Last Updated: January - 16 - 2026

Information deemed reliable but not guaranteed.


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