$603,700
- 8 Beds
- 4 Baths
- 3,750 sqft
127 Patrick Ln, Gray, TN 37615
Est. Refi. Payment $3,427/mo*
Refinance Your HomeCurrently Off Market - Sold Jun 12, 2026 for $600,000 (2% above list price)
Home Value
Trulia Estimate
$604KSince last month
Increased$400 (+0.1%)Since last year
Increased$331K (+121.3%)Since last sale
Increased$3K (+0.6%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +142% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $603K |
| July 2026 | $603K |
| June 2026 | $602K |
| February 2026 | $568K |
| January 2026 | $606K |
2025 | |
2024 | |
2023 | |
2022 | |
2021 | |
2020 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.58 | Single-Family Home | $800,000 | 08/03/26 | 5 | 3.5 | 4,128 | |
0.52 | Single-Family Home | $775,000 | 10/29/25 | 4 | 3.5 | 2,651 | |
0.55 | Single-Family Home | $854,900 | 06/30/26 | 4 | 3 | 3,489 | |
0.03 | Single-Family Home | $274,500 | 06/22/26 | 3 | 2 | 1,518 | |
0.93 | Single-Family Home | $850,000 | 05/01/26 | 6 | 4 | 4,345 | |
0.69 | Single-Family Home | $500,000 | 07/13/26 | 4 | 3 | 2,450 | |
0.69 | Single-Family Home | $1,325,000 | 11/03/25 | 4 | 4 | 4,822 | |
0.06 | Single-Family Home | $265,000 | 03/24/26 | 3 | 1 | 1,334 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.03 | $274,500 | 3 | 2 | 1,518 | Recently Sold | |
0.06 | $265,000 | 3 | 1 | 1,334 | Recently Sold | |
0.06 | $190,000 | 2 | 1.5 | 1,152 | For Sale | |
0.10 | $355,500 | 4 | 2.5 | 2,076 | Off Market | |
0.07 | - | 2 | 1.5 | 1,728 | Off Market | |
0.09 | $373,337 | Studio | - | - | Recently Sold | |
0.09 | - | 2 | 1.5 | 1,152 | Off Market | |
0.09 | - | 2 | 1.5 | 1,152 | Off Market | |
0.09 | - | 2 | 1.5 | 1,152 | Off Market | |
0.11 | $353,000 | 4 | 3 | 1,921 | Off Market | |
0.11 | $164,500 | 2 | 1.5 | 896 | Off Market |
Local Information
-- mins to
Home Highlights
Property Type
Single-Family Home
Year Built
1950
Living Area
3,750 sqft
Price/Sqft
$160/sqft
About this House
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 $589K. Don't miss your chance--call today! For comp purposes, please see survey in documents.
Information deemed reliable but collected from third-party sources and subject to buyer and buyer's agent verification.
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 $589K. Don't miss your chance--call today! For comp purposes, please see survey in documents.
Information deemed reliable but collected from third-party sources and subject to buyer and buyer's agent verification.
127 Patrick Ln, Gray, TN 37615 is a 8 bedroom, 4 bathroom, 3,750 sqft single-family home built in 1950. It last sold for $600,000 on Jun 12, 2026 (2% above the $589,900 asking price). More recently, it was listed as a rental in February 2024 with an asking price of $1,300 per month. That rental listing was removed on October 15, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $603,700, with a rent estimate of $3,380/month.
Last check for updates: about 6 hours ago
Listed by Garrett Addington, (423) 646-1060
The Addington Agency Bristol
Bought with: Ivey Scott, (423) 430-5639, KW Johnson City
Source: TVRMLS, MLS#9990235
Home Details for 127 Patrick Ln
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Interior Details Basement: Finished,Walk-Out AccessNumber of Rooms: 24 |
Beds & Baths Number of Bedrooms: 8Number of Bathrooms: 4Number of Bathrooms (full): 4 |
Dimensions and Layout Living Area: 3750 Square Feet |
Appliances & Utilities Appliances: Dishwasher, Electric Range, Microwave, RefrigeratorDishwasherLaundry: Electric Dryer Hookup,Washer HookupMicrowaveRefrigerator |
Heating & Cooling Heating: Heat PumpHas CoolingAir Conditioning: Heat PumpHas HeatingHeating Fuel: Heat Pump |
Windows, Doors, Floors & Walls Flooring: Luxury Vinyl |
Levels, Entrance, & Accessibility Stories: 2Levels: TwoFloors: Luxury Vinyl |
View No View |
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Exterior Home Features Roof: ShinglePatio / Porch: Deck, Patio |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Topography: Level, Rolling Slope |
Finished Area Finished Area (below surface): 1875 Square Feet |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: ResidentialProperty Subtype: Single Family Residence, ResidentialStructure Type: QuadruplexArchitecture: Other,See Remarks |
Building Construction Materials: BrickNot a New ConstructionDoes Not Include Home Warranty |
Property Information Condition: Updated/Remodeled, Above AverageParcel Number: 005j E 024.00 |
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Price List Price: $589,900Price Per Sqft: $160/sqft |
Status Change & Dates Off Market Date: Fri Jun 12 2026 |
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MLS Status: Closed |
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Direction & Address City: GrayCommunity: Not In Subdivision |
School Information Elementary School: GrayJr High / Middle School: GrayHigh School: Daniel Boone |
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Building Area Building Area: 3750 Square Feet |
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No HOA |
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Listing Terms: Cash, Conventional |
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BasementMls Number: 9990235 |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jun 12, 2026 Source: TVRMLS #9990235 | Sold | $600,000 |
Apr 12, 2026 Source: TVRMLS #9991960 | Pending | $589,900 |
Mar 6, 2026 Source: TVRMLS #9990235 | PriceChange | $589,900 Price decreased by 1% |
Feb 10, 2026 Source: TVRMLS #9990235 | PriceChange | $595,000 Price decreased by 5% |
Jan 16, 2026 Source: TVRMLS #9990235 | Listed For Sale | $625,000 |
Oct 15, 2024 Source: TVRMLS #9962046 | ListingRemoved | $1,150 |
May 1, 2024 Source: TVRMLS #9962046 | ListingRemoved | |
Mar 4, 2024 Source: TVRMLS #9962046 | PriceChange | $1,150 Price decreased by 12% |
Feb 16, 2024 Source: TVRMLS #9962046 | Listed For Rent | $1,300 |
Aug 16, 2021 Source: TVRMLS #9927384 | Sold | $160,000 |
Nov 9, 2020 Source: Agent Provided | ListingRemoved | $249,900 |
Oct 16, 2020 Source: Agent Provided | Pending | $249,900 |
Sep 28, 2020 Source: Agent Provided | PendingToActive | $249,900 |
Sep 23, 2020 Source: Agent Provided | Pending | $249,900 |
Sep 22, 2020 Source: Agent Provided | Listed For Sale | $249,900 |
Jun 2, 2016 Source: N/A | Sold | $178,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $2,144 | $313,500 |
Home facts updated by county records
Market trends in Johnson City
Last updated July 2026
Avg. sale price
$323K
$15KMoM
Sale-to-List Price
98.7%
0.6%MoM
Price per sq ft
$189
$8MoM
Available listings
368
23MoM
Around this home
What Locals Say about Johnson City
At least 542 Trulia users voted on each feature.
89 % Say car is needed
81 % Say parking is easy
79 % Say there's holiday spirit
76 % Say it's dog friendly
70 % Say yards are well-kept
61 % Say people would walk alone at night
59 % Say it's quiet
58 % Say kids play outside
53 % Say neighbors are friendly
50 % Say there's wildlife
49 % Say streets are well-lit
47 % Say there are sidewalks
45 % Say they plan to stay for at least 5 years
32 % Say it's walkable to restaurants
31 % Say it's walkable to grocery stores
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings displayed may not belong to the firm whose website is being visited
Listing information is deemed reliable, but not guaranteed.
Frequently asked questions about 127 Patrick Ln
- What is 127 Patrick Ln estimated to be worth?Trulia's estimated value for 127 Patrick Ln in Gray, TN is $603,700.
- What is the price history for 127 Patrick Ln?127 Patrick Ln in Gray, TN last sold for $600,000 in June 2026.
- Is Gray a buyer's or seller's market?Gray is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Gray?The median sale price in Gray is $323K. That is up $15K from the prior month.
- Does 127 Patrick Ln have air conditioning?Yes, 127 Patrick Ln in Gray, TN has air conditioning.
- Does 127 Patrick Ln have laundry facilities?Yes, 127 Patrick Ln in Gray, TN has laundry facilities.

