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Gray, TN Multifamily Properties for Sale

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Turnkey Fourplex in Gray, TN
$589,900
3,750 SF

Turnkey Fourplex in Gray, TN

127 Patrick Ln, Gray, TN 37615

Remodeled four-unit property with strong rental income potential.

  • Completely remodeled fourplex in turnkey condition, offering a low‑maintenance investment.
  • Strong income‑generating property with four fully occupied units, individually metered for utilities.
  • Each unit features 2 bedrooms, 1 bathroom, LVP flooring, HVAC, laundry hookups, and dedicated outdoor space.
  • Strategically located in the heart of the Tri‑Cities, with easy access to amenities, parks, retail, restaurants, grocery stores, and I‑81 & I‑26.
  • Versatile investment property suitable for long‑term rentals, STRs, rent‑by‑the‑room, or owner‑occupancy.
Updated: Mar 6
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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 1 Active listings in Gray, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 3 Off-Market properties to explore as potential leads

Explore Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Prime Johnson City Industrial Land
$275,000
1.00 Acre

Prime Johnson City Industrial Land

High-visibility lot, ideal for retail or office.

5700 Bobby Hicks Hwy, Johnson City, TN 37615
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Investment Properties with Boone Lake Access
$539,000
0.53 Acres

Investment Properties with Boone Lake Access

Multiple income-generating properties on 1.15 acres with lake access.

473 Rockingham Rd, Johnson City, TN 37615
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Highway 75 Commercial Opportunity
$975,000
5,000 SF

Highway 75 Commercial Opportunity

Two-parcel commercial property with income potential in Kingsport, Tennessee.

3460 Tn-75, Kingsport, TN 37663
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Kingsport Multifamily Investment Opportunity
$630,000
0.63 Acres

Kingsport Multifamily Investment Opportunity

Multifamily property with remodeling, expansion potential, and convenient location.

4033 Harbor Chapel Rd, Kingsport, TN 37664
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Explore Off-Market Properties in Gray, TN

Consider similar Off-Market properties in Gray, TN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

465 Rockingham Rd

465 Rockingham Rd

MOBILE HOME PARK, TRAILER PARK • 100.00 Acres
Value Estimation by Request
465 Rockingham Rd, Gray, TN 37615-2926
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459 Rockingham Rd, Unit 457

459 Rockingham Rd, Unit 457

MOBILE HOME PARK, TRAILER PARK • 100.00 Acres
Value Estimation by Request
459 Rockingham Rd, Gray, TN 37615-2926
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346 Old Gray Station Rd

346 Old Gray Station Rd

Multifamily properties • 2.44 Acres
Value Estimation by Request
346 Old Gray Station Rd, Gray, TN 37615
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Gray, TN Multifamily Properties Investment Opportunities Market Analysis

Explore 4 multifamily properties for sale in Gray, TN on our real estate platform. These investment opportunities span a total of 8,818,286 square feet of properties for sale, with an estimated market value of $589,900.

Sale prices for multifamily properties in Gray, TN start at $0.00, averaging $147,475, and reaching up to $589,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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