Oak Ridge TN Multi Family for Sale

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Type:
Multi-Family
Sq.Ft.:
2,824
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.33 Acres
Year built:
1945
Baths:
MLS#:
1281777

ADDITIONAL INFORMATION

NICELY REMODELED OAKRIDGE QUAD - TENANTS PAY ALL UTILITIES - 8% CAP 'Recently repainted with a metal roof, new 6'' gutters, new pex plumbed water lines to street, all individual meters for water and electric, newer water heaters, with recent remodels to interiors - this Quad has it all! Add to that a convenient location to the Kroger shopping center and well situated at the corner of Hoyt & Highland with onsite parking and an onsite laundry room, across the street from the upgraded Highland View Park playground, all the amenities that tenants look for. Please contact listing agent for a private showing of a representative unit. No sign on property and we respectively request that you do not disturb the residents. See link below to photos of vacant Unit 105 https://showmojo.com/l/84024ce03c

Type:
Multi-Family
Sq.Ft.:
1,425
Status:
Active
Beds:
n/a
Year built:
1943
Baths:
MLS#:
1280596

ADDITIONAL INFORMATION

Investment opportunity in Oak Ridge. Fully renovated duplex that is close to schools and shopping. Each unit has 2 bedrooms and 1 bath. Both units have new kitchens and bathrooms, with fresh paint and new floors. All new appliances including washer and dryer that convey with property. Large fenced yard. Oak Ridge is growing rapidly and many new jobs are coming. This is the right time to invest in this low maintenance rental property.

Type:
Multi-Family
Sq.Ft.:
1,425
Status:
Active
Beds:
n/a
Lot size:
0.25 Acres
Year built:
1943
Baths:
MLS#:
1275663

ADDITIONAL INFORMATION

Situated in the heart of Oak Ridge, this well-maintained duplex offers a fantastic investment opportunity with versatile living options Previous long term tenant rent rolls $32,100 gross a year! The property includes two units: a spacious 2 bed, 1 bath unit and a comfortable 1 bed, 1 bath unit, both featuring open floor plans and newly installed vinyl flooring for a modern, low-maintenance appeal. Outside, the fenced yard and walk-out porch provide private outdoor spaces ideal for relaxation or entertaining. Whether you're looking to expand your rental portfolio or accommodate multi-generational living, this duplex is an excellent choice with great potential for future growth. Owner financing available!

Type:
Multi-Family
Sq.Ft.:
2,119
Status:
Active
Beds:
n/a
Year built:
1943
Baths:
MLS#:
1274230

ADDITIONAL INFORMATION

Discover this beautifully remodeled duplex, perfectly situated in the heart of Oak Ridge! Projected NET financials $31K! This investment opportunity features two well-maintained units, each with its own unique appeal. Unit 380 offers 3 spacious bedrooms and 1.5 baths, while Unit 382 boasts 2 cozy bedrooms and 1 bath. Both units showcase elegant hardwood floors and modern tile throughout, adding a touch of sophistication. The kitchens and bathrooms have been thoughtfully updated, blending style with functionality. Each unit enjoys its own private deck, perfect for relaxing outdoors, and the large, fenced backyard provides ample space for outdoor activities. Current tenants are responsible for all utilities, making this a hassle-free investment. Don't miss out on this turnkey property in a prime location!

Type:
Multi-Family
Sq.Ft.:
1,425
Status:
Active
Beds:
n/a
Lot size:
0.49 Acres
Year built:
1943
Baths:
MLS#:
1269125

ADDITIONAL INFORMATION

Great investment, renters already in! 180 is a 2/1 and 178 is a 3/1, both comes with stove/range, refrigerator, microwave, & washer/dryer. each unit has it's own heat/air system. Recently updated kitchens & bathrooms, new water heater w/d & appliances..

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Andrea D. Conner, License 344441, Xome Inc., License 262361, [email protected], 844-400-XOME (9663), 751 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Real Estate listings held by other brokerage firms are marked with the name of the listing broker. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2024 Knoxville Area Association of Realtors. All rights reserved.



Oak Ridge Real Estate

The median home value in Oak Ridge, TN is $360,000. This is higher than the county median home value of $249,600. The national median home value is $338,100. The average price of homes sold in Oak Ridge, TN is $360,000. Approximately 53.93% of Oak Ridge homes are owned, compared to 32.22% rented, while 13.85% are vacant. Oak Ridge real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Oak Ridge real estate agent to arrange a tour today!

Oak Ridge, Tennessee has a population of 31,087. Oak Ridge is more family-centric than the surrounding county with 32.35% of the households containing married families with children. The county average for households married with children is 26.97%.

The median household income in Oak Ridge, Tennessee is $60,542. The median household income for the surrounding county is $55,414 compared to the national median of $69,021. The median age of people living in Oak Ridge is 39.5 years.

Oak Ridge Weather

The average high temperature in July is 88.5 degrees, with an average low temperature in January of 28.3 degrees. The average rainfall is approximately 52.7 inches per year, with 6.2 inches of snow per year.

Oak Ridge Real Estate Market Conditions

  • Median sales price

    $360,000
    27% change since last quarter
  • # Active listings

    121
    30-day change

Oak Ridge Schools and Demographics

Education near Oak Ridge, TN

Metric City County
High School Graduates 92.52 89.86
College Degree - 2 year 8.63 8.73
College Degree - 4 year 38.2 24.42
Graduate Degree 10.63 7.28
Expenditures per Student 12,296 12,296
Students per Teacher 13.8 13.8

Elementary Schools near Oak Ridge, TN

School Grades Students P/T Ratio ZIP
Amherst Elementary School PK - 05 786 15.8 37931
Ball Camp Elementary PK - 05 571 17.8 37931
Dyllis Springs Elementary PK - 05 471 15.9 37840
Glenwood Elementary School KG - 04 378 14.5 37830
Hardin Valley Elementary School PK - 05 967 17.6 37932
Karns Elementary School PK - 05 1,250 16.2 37931
Linden Elementary School KG - 04 446 12.7 37830
Norwood Elementary School PK - 05 266 11 37840
Petros Joyner Elementary School PK - 08 179 11.2 37840
Preschool PK - PK 226 13.3 37830
Willow Brook Elementary School PK - 04 399 10.6 37830
Woodland Elementary School KG - 04 421 13.2 37830

Middle Schools near Oak Ridge, TN

School Grades Students P/T Ratio ZIP
Jefferson Middle School 05 - 08 704 14.2 37830
Karns Middle School 06 - 08 1,332 17.8 37931
Norwood Middle School 06 - 08 176 9.8 37840
Oliver Springs Middle 06 - 08 255 15.6 37840
Robertsville Middle School 05 - 08 700 11.9 37830

High Schools near Oak Ridge, TN

School Grades Students P/T Ratio ZIP
Hardin Valley Academy 09 - 12 1,930 17.9 37932
Karns High School 09 - 12 1,198 16 37931
Oak Ridge High School 09 - 12 1,388 14.7 37830
Oliver Springs High School 09 - 12 393 14.8 37840

Ungraded Schools near Oak Ridge, TN

School Grades Students P/T Ratio ZIP
Coalfield School PK - 12 519 13.8 37719

Demographics near Oak Ridge, TN

Metric City County
Neighborhood Type Suburban
Population 31,087 76,683
Population Density 365 227
Median Age 39.5 42.8
People per Household 2.4 2.4
Median Household Income 60,542 55,414
Average Income per Capita 34,546 30,544