Gray, TN Quadplexes for sale

Multifamily and Commercial Investment Opportunity

$1,600,000

10,991 SF

Multifamily and Commercial Investment Opportunity

1412 Knob Creek Road, Johnson City, TN 37604

Multifamily and commercial building for sale in Johnson City.

High potential income with Proforma NOI of $164,936 from commercial space rental.
Multifamily and Commercial property featuring 8 renovated apartment units and a 4748 sq ft commercial building.
Newly renovated apartments boast new kitchens, decking, siding, roofs, plumbing, and restored interiors.
Apartments are being subdivided into condos on approximately one acre of land.
Each apartment unit includes washer/dryer hookups.

Updated: Jan 20

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$589,900

3,750 SF

Turnkey Fourplex in Gray, TN

127 Patrick Lane, 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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$400,000

Multifamily Property Near ETSU

Fully occupied multifamily property in Johnson City, Tennessee, near ETSU.

510 Lamont Street, Johnson City, TN 37604

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$450,000

Four-Unit Apartment Complex Investment

Fully occupied four-unit apartment complex with income potential.

150 Joe Hale Drive, Johnson City, TN 37615

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Based on your search, we've compiled 8 Potential Opportunities for your consideration. Besides 4 Active listings in Gray, TN, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

$379,999

1,502 SF

Four-Plex Rental Property For Sale

Four-unit rental property near downtown Bristol, TN/VA.

620 Cherry Street, Bristol, TN 37620

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Kingsport Multifamily Investment Opportunity

$2,195,000

24,420 SF

Kingsport Multifamily Investment Opportunity

24-unit multifamily property in Kingsport, TN with value-add potential.

1425-1405 Stratford Road, Kingsport, TN 37664

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Bristol TN Multifamily Investment Property

$425,000

0.33 Acres

Bristol TN Multifamily Investment Property

Four-unit residential building near Hard Rock Casino and other attractions.

1401 Windsor Avenue, Bristol, TN 37620

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$2,195,000

24,420 SF

Kingsport Multifamily Investment Opportunity

24-unit multifamily property with value-add potential in Kingsport, Tennessee.

1405 Stratford Rd, Kingsport, TN 37664

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Gray, TN Quadplexes Investment Opportunities Market Analysis

Explore 4 quadplexes for sale in Gray, TN, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 14,741 square feet of properties for sale, with an estimated market value of $2,189,900.

Sale prices for four-unit buildings in Gray, TN start at $589,900, averaging $1,094,950, and reaching up to $1,600,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
Johnson City - 37615	$589.9K

Neighborhood

Average Price

Johnson City - 37615

$589.9K

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