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617 W Outer Drive, Oak Ridge, 37830
Priced At: $358,000
Property Details for ID: 1275663
SqFt: 1,425
Price SqFt: $251
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2025-01-13T17:50:45Z
Public Remarks: Situated in the heart of Oak Ridge, this well-maintained duplex offers a fantastic investment opportunity with versatile living options. One side currently tenant occupied. Previous long term tenant rent rolls $32,100 gross a year! 3BR unit currently leased for $1,500 a month. The property includes two units: a spacious 3 bed, 1 bath unit and a comfortable 2 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.
Schools Information
Elementary School: Willow BrookMiddle / Junior School: Robertsville
High School: Oak Ridge
Building Description
SqFt (Total): 1,425
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Directions
From TN-62 W; Continue straight onto S Illinois Ave; Pass by Waffle House (on the left in 0.8 mi); Turn right onto W Outer Dr; Destination will be on the right.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!