565/567 W Outer Drive Oak Ridge, TN $ 340,000
565/567 W Outer Drive
$ 340,000
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565/567 W Outer Drive

Oak Ridge, TN, 37830
$ 340,000
Baths0.0 Sq 1,425

Monthly Estimate*

$ 2,036

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Studio

Multi-Family Home for sale in Oak Ridge, TN

for $340,000. This 1,425 square foot home was built in 1943.

This Oak Ridge duplex is a rare find, featuring a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit, both currently leased with a combined monthly income of $2,600. Inside, the hardwood floors add timeless charm to the spacious layouts. Each unit offers comfort and functionality, making this property an attractive option for tenants and an excellent investment for steady rental income.

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Multi-Family Active

Price

$ 340,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 515

Style

Year Built

1943

Town/City

Oak Ridge

County/Region

Anderson

MLS | Web ID

1284627

Features
General
Heating Natural Gas Other Electric
Cooling Window Unit(s)
Appliances Microwave Range Refrigerator
Exterior Features Porch - Covered
Construction Materials Frame Brick
Year Built 1943
County Anderson County - 30
Property Type Multi-Family
Attached Garage N
Garage Y/N N
Status Active
Directions From TN-62 W Pass by Waffle House (on the left in 5.4 mi); Turn right onto W Outer Dr; Destination will be on the right.
High School Oak Ridge
City Oak Ridge
NumberOfUnitsTotal 2
MLS Area Anderson County - 30
Lot Size Square Feet 0.0
Carport Y/N N
Electric On Property Y/N N
Elementary School Willow Brook
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Robertsville
Lease Renewal Y/N N
MLS Area Minor Anderson County - 30
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Senior Community None
New Financing Cash True
New Financing Coventional True
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Interior
Flooring Laminate Hardwood
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features On-Street Parking
Lot Size Area 0.0
Spa N
Building Area Total 1425.0
Lot Dimensions 15 682 sqft
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 565567
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* Excluded Features
List By
Carl Young

Listing Agent

Young Marketing Group, Realty Executives

Broker

Affordability Calculator

$2,079
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,036
Monthly Property Taxes
$43
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4688571 Elementary School
4507886 Middle School
Oak Ridge High School High School
Pricing History
DatePricePrice ChangeDescription
1/15/2025$340,000 -1.45% Price Down
1/8/2025$345,000 -1.43% Price Down
12/27/2024$350,000 -1.41% Price Down
12/18/2024$355,000 -1.39% Price Down
12/11/2024$360,000 Listed Price

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565/567 W Outer Drive, Oak Ridge, TN, 37830 is a Multi-Family Home for sale at $340,000 with 1,425 sqft. 565/567 W Outer Drive is a studio with 0.0 baths and was built in 1943. The property's zip code is 37830 which is in Oak Ridge, TN