197 - 207 Gum Hollow Rd 197 - 207 Oak Ridge, TN $ 899,000
197 - 207 Gum Hollow Rd 197 - 207
$ 899,000
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197 - 207 Gum Hollow Rd 197 - 207

Oak Ridge, TN, 37830
$ 899,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 6,209

197 - 207 Gum Hollow Rd 197 - 207, Oak Ridge, TN 37830 - Image 1
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197 - 207 Gum Hollow Rd 197 - 207, Oak Ridge, TN 37830 - Image 13

Multi-Family Home for sale in Oak Ridge, TN

for $899,000. This home was built in 1979.

6 units in booming Oak Ridge! This investor renovation opportunity is located in close proximity to the Oak Ridge Country Club in an established area of town. Five of the six total units are occupied at below market rent on short term leases providing an excellent opportunity to update the units as they are vacated and lease at market rents ($1,300 1 bed, $1,600 2 bed). One of the 6 units (2 bed 1.5 bath) has been fully renovated and is leased for $1,300 per month. Total annual proforma rents - $98,400.00.

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Multi-Family Active

Price

$ 899,000

Property Type

Multi-Family

Taxes

$ 6,724

Style

Year Built

1979

Town/City

Oak Ridge

County/Region

Roane

MLS | Web ID

1343898

Features
General
Heating Central Electric
Cooling Central Cooling
Construction Materials Frame
Year Built 1979
Unit Number 197 - 207
County Roane County - 31
Property Type Multi-Family
Attached Garage false
Status Active
Directions Located off of Oak Ridge Turnpike
City Oak Ridge
Number Of Units Total 6
MLS Area Roane County - 31
MLS Area Minor Roane County - 31
Standard Status Active
New Financing Cash true
New Financing New Loan true
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Interior
Flooring Laminate Carpet Vinyl Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features On Premise Parking
Lot Dimensions 443 x 244
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* Excluded Features
List By
Heidi Adams

Listing Agent

Nai Koella L Rm Moore

Broker

Affordability Calculator

$6,770
Per Month
92%
8%
0%
Monthly Principal & Interest
$6,209
Monthly Property Taxes
$560
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$899,000 -5.37% Price Down
8/23/2026$950,000 -4.81% Price Down
6/27/2026$998,000 -9.27% Price Down
6/8/2026$1,100,000 Listed Price

Map


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197 - 207 Gum Hollow Rd 197 - 207, Oak Ridge, TN, 37830 is a Multi-Family Home for sale at $899,000. 197 - 207 Gum Hollow Rd 197 - 207 has 0.0 baths and was built in 1979. The property's zip code is 37830 which is in Oak Ridge, TN