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.	$342,500	Airbnb cash on cash: -0.3% Traditional cash on cash: 5.61% Airbnb Rental Income: $920 Traditional Rental Income: $2477 Airbnb ROI: -0.3% Traditional ROI: 5.61%
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: -0.14% Traditional cash on cash: 4.37% Airbnb Rental Income: $920 Traditional Rental Income: $2351 Airbnb ROI: -0.14% Traditional ROI: 4.37%
Other Investment Properties for Sale in Gray
400 Hallbrook Drive #17 Gray , TN Buyer could not obtain fha financing! Get us an OFFER ! Everything is ready to go... Welco...	2 beds \| 2 baths \| 1,472 sq.ft.	$215,000	Airbnb cash on cash: 0.17% Traditional cash on cash: 6.79% Airbnb Rental Income: $727 Traditional Rental Income: $1765 Airbnb ROI: 0.17% Traditional ROI: 6.79%
102 Ridgeview Meadows Drive Gray , TN Welcome to this stunning 4 bedroom, 3 bath traditional home. With its thoughtful design, t...	4 beds \| 3 baths \| 2,522 sq.ft.	$524,800	Airbnb cash on cash: N/A Traditional cash on cash: 3.52% Airbnb Rental Income: $null Traditional Rental Income: $2494 Airbnb ROI: N/A Traditional ROI: 3.52%
124 Lazy Lane Gray , TN Positioned at the end of a quiet cul-de-sac in the highly sought-after Hillendale Estates ...	4 beds \| 3 baths \| 3,134 sq.ft.	$700,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.82% Airbnb Rental Income: $null Traditional Rental Income: $2838 Airbnb ROI: N/A Traditional ROI: 2.82%
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: 0.57% Traditional cash on cash: 2.9% Airbnb Rental Income: $914 Traditional Rental Income: $1221 Airbnb ROI: 0.57% Traditional ROI: 2.9%
182 Gunners Way Gray , TN Open House Sat 4/18 12-3 PM Inviting Patio Home in the Heart of the Tri-Cities, Imma...	3 beds \| 2 baths \| 1,604 sq.ft.	$417,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 3.3% Airbnb Rental Income: $914 Traditional Rental Income: $1906 Airbnb ROI: -0.11% Traditional ROI: 3.3%
201 Gunners Way Gray , TN New Price! New opportunity! Welcome home to comfort, space, and modern design in this beau...	3 beds \| 3 baths \| 1,724 sq.ft.	$349,000	Airbnb cash on cash: -0.47% Traditional cash on cash: 4.58% Airbnb Rental Income: $914 Traditional Rental Income: $2226 Airbnb ROI: -0.47% Traditional ROI: 4.58%
179 Cindy Anne Drive Gray , TN Welcome to 179 Cindy Anne Dr in Gray, TN, a beautifully maintained 4 bedroom, 3 bathroom h...	4 beds \| 3 baths \| 3,298 sq.ft.	$600,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.03% Airbnb Rental Income: $null Traditional Rental Income: $2494 Airbnb ROI: N/A Traditional ROI: 3.03%
1069 Gray Station Road Gray , TN Welcome to this lovely home in the heart of Gray, Tennessee--where comfort meets peaceful ...	3 beds \| 2 baths \| 1,595 sq.ft.	$335,000	Airbnb cash on cash: 0.26% Traditional cash on cash: 4.44% Airbnb Rental Income: $914 Traditional Rental Income: $1889 Airbnb ROI: 0.26% Traditional ROI: 4.44%
226 Quiet Stroll Lane Gray , TN LIKE NEW \| MAIN LEVEL PRIMARY \| COVERED BACK PATIO \| LOW MAINTENANCE LIVING Built in 2023,...	3 beds \| 3 baths \| 2,212 sq.ft.	$457,900	Airbnb cash on cash: -0.27% Traditional cash on cash: 3.57% Airbnb Rental Income: $914 Traditional Rental Income: $2220 Airbnb ROI: -0.27% Traditional ROI: 3.57%
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.	$594,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.86% Airbnb Rental Income: $null Traditional Rental Income: $2367 Airbnb ROI: N/A Traditional ROI: 2.86%
529 Old Gray Station Road Gray , TN Motivated Seller, reasonable offers may be considered!! Welcome to this well-maintained ...	3 beds \| 2 baths \| 1,643 sq.ft.	$309,900	Airbnb cash on cash: 0.33% Traditional cash on cash: 5.54% Airbnb Rental Income: $914 Traditional Rental Income: $2091 Airbnb ROI: 0.33% Traditional ROI: 5.54%
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: -0.31% Traditional cash on cash: 4.95% Airbnb Rental Income: $914 Traditional Rental Income: $2248 Airbnb ROI: -0.31% Traditional ROI: 4.95%
123 Village Lane Gray , TN Stunningly maintained and cared for home that is move-in ready and shows like a model home...	4 beds \| 3 baths \| 1,940 sq.ft.	$375,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.61% Airbnb Rental Income: $null Traditional Rental Income: $2502 Airbnb ROI: N/A Traditional ROI: 5.61%
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%

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.

$342,500

Airbnb cash on cash: -0.3%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $920

Traditional Rental Income: $2477

Airbnb ROI: -0.3%

Traditional ROI: 5.61%

216 Bridgewater Court

Gray, TN

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

$420,000

Airbnb cash on cash: -0.14%

Traditional cash on cash: 4.37%

Airbnb Rental Income: $920

Traditional Rental Income: $2351

Airbnb ROI: -0.14%

Traditional ROI: 4.37%

Other Investment Properties for Sale in Gray

Gray , TN

2 beds | 2 baths | 1,472 sq.ft.

$215,000

Airbnb cash on cash: 0.17%

Traditional cash on cash: 6.79%

Airbnb Rental Income: $727

Traditional Rental Income: $1765

Airbnb ROI: 0.17%

Traditional ROI: 6.79%

Gray , TN

4 beds | 3 baths | 2,522 sq.ft.

$524,800

Airbnb cash on cash: N/A

Traditional cash on cash: 3.52%

Airbnb Rental Income: $null

Traditional Rental Income: $2494

Airbnb ROI: N/A

Traditional ROI: 3.52%

Gray , TN

4 beds | 3 baths | 3,134 sq.ft.

$700,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.82%

Airbnb Rental Income: $null

Traditional Rental Income: $2838

Airbnb ROI: N/A

Traditional ROI: 2.82%

Gray , TN

3 beds | 1 baths | 864 sq.ft.

$295,000

Airbnb cash on cash: 0.57%

Traditional cash on cash: 2.9%

Airbnb Rental Income: $914

Traditional Rental Income: $1221

Airbnb ROI: 0.57%

Traditional ROI: 2.9%

Gray , TN

3 beds | 2 baths | 1,604 sq.ft.

$417,000

Airbnb cash on cash: -0.11%

Traditional cash on cash: 3.3%

Airbnb Rental Income: $914

Traditional Rental Income: $1906

Airbnb ROI: -0.11%

Traditional ROI: 3.3%

Gray , TN

3 beds | 3 baths | 1,724 sq.ft.

$349,000

Airbnb cash on cash: -0.47%

Traditional cash on cash: 4.58%

Airbnb Rental Income: $914

Traditional Rental Income: $2226

Airbnb ROI: -0.47%

Traditional ROI: 4.58%

Gray , TN

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

$600,000

Airbnb cash on cash: N/A