Real Estate Investment Properties for Sale in Gray, TN

Looking for investment property in Gray, TN with high ROI ?

Explore a variety of short-term homes & houses in Gray, TN. Invest wisely with VRBO & Gray, TN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Townhouses for Sale in Gray, TN

Search for Townhouse for Sale in Gray, Tennessee. Browse all of Mashvisor’s Townhouse listings and other investment property types including Single Family Homes, Multi Family Homes, Condos, Townhouses and Other Homes.

Showing 2 Townhouse listings of over 500,000 total investment properties for sale. Visit Mashvisor.com to all investment properties.

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
323 Piper Glen Gray, TN Modern style, a smart layout, and low-maintenance living all come together in this beautif...	3 beds \| 3 baths \| 1,846 sq.ft.	$329,900	Airbnb cash on cash: 0.96% Traditional cash on cash: 5.85% Airbnb Rental Income: $1377 Traditional Rental Income: $2477 Airbnb ROI: 0.96% Traditional ROI: 5.85%
216 Bridgewater Court Gray, TN Luxury Living with Unmatched Convenience in the Tri-Cities Step into an oversized, open-co...	3 beds \| 3 baths \| 2,900 sq.ft.	$420,000	Airbnb cash on cash: 0.83% Traditional cash on cash: 4.37% Airbnb Rental Income: $1377 Traditional Rental Income: $2351 Airbnb ROI: 0.83% Traditional ROI: 4.37%
Other Investment Properties for Sale in Gray
6277 Kingsport Highway Gray , TN LARGE CORNER LOT - 2.7 ACRES - ROAD FRONTAGE is 460 feet off Kingsport Highway as well as ...	3 beds \| 1 baths \| 864 sq.ft.	$295,000	Airbnb cash on cash: 1.96% Traditional cash on cash: 2.9% Airbnb Rental Income: $1377 Traditional Rental Income: $1221 Airbnb ROI: 1.96% Traditional ROI: 2.9%
105 Autumn Creek Lane #. Gray , TN Welcome to 105 Autumn Creek Lane, a beautifully maintained home offering comfort, style, a...	2 beds \| 2 baths \| 960 sq.ft.	$174,900	Airbnb cash on cash: 0.37% Traditional cash on cash: 4.91% Airbnb Rental Income: $672 Traditional Rental Income: $1128 Airbnb ROI: 0.37% Traditional ROI: 4.91%
182 Gunners Way Gray , TN Open House Saturday 5/23 1-3 PM Inviting Patio Home in the Heart of the Tri-Cities, ...	3 beds \| 2 baths \| 1,630 sq.ft.	$410,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 3.37% Airbnb Rental Income: $1377 Traditional Rental Income: $1906 Airbnb ROI: 0.91% Traditional ROI: 3.37%
1360 Cora Lane Gray , TN This classic farmhouse jewel, beautifully remodeled, is the centerpiece of a lifestyle pro...	4 beds \| 4 baths \| 2,912 sq.ft.	$769,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.24% Airbnb Rental Income: $null Traditional Rental Income: $4025 Airbnb ROI: N/A Traditional ROI: 4.24%
50 Sunset Ridge Court Gray , TN Refined luxury meets mountain ridge views at 50 Sunset Ridge Ct, a 4BR/4BA residence in on...	4 beds \| 4 baths \| 5,092 sq.ft.	$1,300,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.37% Airbnb Rental Income: $null Traditional Rental Income: $3337 Airbnb ROI: N/A Traditional ROI: 1.37%
179 Cindy Anne Drive Gray , TN Welcome to this stunning 4 bedroom, 3 bathroom home offering over 3,298 finished square fe...	4 beds \| 3 baths \| 3,298 sq.ft.	$589,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $2494 Airbnb ROI: N/A Traditional ROI: 3.1%
105 Meadow Court Gray , TN Back on the market at no fault of the seller--don't miss your second shot at this family-f...	4 beds \| 3 baths \| 2,948 sq.ft.	$588,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.9% Airbnb Rental Income: $null Traditional Rental Income: $2367 Airbnb ROI: N/A Traditional ROI: 2.9%
319 Piper Glen Gray , TN Welcome to this beautifully crafted two-level PUD built in 2024 by Scott Britton Construct...	3 beds \| 3 baths \| 1,846 sq.ft.	$339,000	Airbnb cash on cash: 0.91% Traditional cash on cash: 4.95% Airbnb Rental Income: $1377 Traditional Rental Income: $2248 Airbnb ROI: 0.91% Traditional ROI: 4.95%
212 Highland Church Road Gray , TN Welcome to 212 Highland Church Rd. This farmhouse is ideally located conveniently close to...	3 beds \| 2 baths \| 1,495 sq.ft.	$425,000	Airbnb cash on cash: 0.93% Traditional cash on cash: 2.12% Airbnb Rental Income: $1377 Traditional Rental Income: $1432 Airbnb ROI: 0.93% Traditional ROI: 2.12%
16 Chaucer Court Gray , TN Escape to your own private retreat with this stunning 5-bedroom, 3-full-bath home! The spa...	5 beds \| 3 baths \| 3,780 sq.ft.	$620,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.47% Airbnb Rental Income: $null Traditional Rental Income: $2893 Airbnb ROI: N/A Traditional ROI: 3.47%
137 Austin Ridge Court Gray , TN Seller's are Ready to Sell!!!! Stunning 3-Bedroom Home with Bonus Room & Oversized Garages...	3 beds \| 4 baths \| 2,655 sq.ft.	$499,000	Airbnb cash on cash: 0.46% Traditional cash on cash: 4.4% Airbnb Rental Income: $1377 Traditional Rental Income: $2795 Airbnb ROI: 0.46% Traditional ROI: 4.4%
380 Oak Grove Road Gray , TN Farmhouse in Gray with so much potential! This home was built in 1900 and is begging for s...	4 beds \| 3 baths \| 2,267 sq.ft.	$239,900	Airbnb cash on cash: N/A Traditional cash on cash: 8.51% Airbnb Rental Income: $null Traditional Rental Income: $2373 Airbnb ROI: N/A Traditional ROI: 8.51%
116 Lindsay Lane Gray , TN Welcome to this beautifully updated 4-bedroom, 3.5-bath home in Gray. Ideally situated bet...	4 beds \| 4 baths \| 2,280 sq.ft.	$489,500	Airbnb cash on cash: N/A Traditional cash on cash: 4.82% Airbnb Rental Income: $null Traditional Rental Income: $2913 Airbnb ROI: N/A Traditional ROI: 4.82%
667 Rockingham Road Gray , TN Lakefront Living in Gray, TN Discover the perfect blend of comfort, space, and waterfront ...	4 beds \| 4 baths \| 3,483 sq.ft.	$1,090,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.6% Airbnb Rental Income: $null Traditional Rental Income: $3903 Airbnb ROI: N/A Traditional ROI: 2.6%

Your search for investment property begins and ends here

Townhouses for Sale in Gray, TN

323 Piper Glen

Gray, TN

3 beds | 3 baths | 1,846 sq.ft.

$329,900

Airbnb cash on cash: 0.96%

Traditional cash on cash: 5.85%

Airbnb Rental Income: $1377

Traditional Rental Income: $2477

Airbnb ROI: 0.96%

Traditional ROI: 5.85%

216 Bridgewater Court

Gray, TN

3 beds | 3 baths | 2,900 sq.ft.

$420,000

Airbnb cash on cash: 0.83%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $1377

Traditional Rental Income: $2351

Airbnb ROI: 0.83%

Traditional ROI: 4.37%

Other Investment Properties for Sale in Gray

Gray , TN

3 beds | 1 baths | 864 sq.ft.

$295,000

Airbnb cash on cash: 1.96%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $1377

Traditional Rental Income: $1221

Airbnb ROI: 1.96%

Traditional ROI: 2.9%

Gray , TN

2 beds | 2 baths | 960 sq.ft.

$174,900

Airbnb cash on cash: 0.37%

Traditional cash on cash: 4.91%

Airbnb Rental Income: $672

Traditional Rental Income: $1128

Airbnb ROI: 0.37%

Traditional ROI: 4.91%

Gray , TN

3 beds | 2 baths | 1,630 sq.ft.

$410,000

Airbnb cash on cash: 0.91%

Traditional cash on cash: 3.37%

Airbnb Rental Income: $1377

Traditional Rental Income: $1906

Airbnb ROI: 0.91%

Traditional ROI: 3.37%

Gray , TN

4 beds | 4 baths | 2,912 sq.ft.

$769,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.24%

Airbnb Rental Income: $null

Traditional Rental Income: $4025

Airbnb ROI: N/A

Traditional ROI: 4.24%

Gray , TN

4 beds | 4 baths | 5,092 sq.ft.

$1,300,000

Airbnb cash on cash: N/A

Traditional cash on cash: 1.37%

Airbnb Rental Income: $null

Traditional Rental Income: $3337

Airbnb ROI: N/A

Traditional ROI: 1.37%

Gray , TN

4 beds | 3 baths | 3,298 sq.ft.

$589,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.1%

Airbnb Rental Income: $null

Traditional Rental Income: $2494

Airbnb ROI: N/A

Traditional ROI: 3.1%

Gray , TN

4 beds | 3 baths | 2,948 sq.ft.

$588,000

Airbnb cash on cash: N/A