Oak Ridge Duplex Investment
100/102 Howard Lane Oak Ridge, TN 37830
For Sale
$280,000
MULTI_FAMILY - Oak Ridge, TN
Property Size1,225 SF
Price / SF$228.57
Days on Market292
Property Features for 100/102 Howard Lane
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Rooms
- Bedroom 3, Bathroom 2, Bedroom 1, Bedroom 2, Bathroom 1, Bedroom 4
- Parking features
- On Street
- Patio and Porch features
- Porch
- Appliances
- Dryer, Microwave, Range, Refrigerator, Washer
- Standard status
- Active
- APN
- 099F B 018.00
- Size
- 1,225 SF
Taxes and HOA fees
- Tax Annual Amount
- 950
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1943
- Number of units
- 2
- Flooring type
- Carpet, Tile, Hardwood, Laminate
- Building materials
- Vinyl Siding, Brick, Frame
- Roof type
- Shingle
Listing Agency:
Young Marketing Group, Realty Executives
(865) 281-1321
Listed By:
Carl Young · License #337453
(865) 281-1321
Added: Oct 7, 2025
Changed: Jul 11
Last Checked: Jul 25 at 2:06PM
MLS# 1317802
Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turn-key investment opportunity is located in the heart of Oak Ridge. The property is a fully occupied duplex and a proven income producer. It features two spacious 2-bedroom, 1-bathroom units. Each unit is equipped with individual laundry hookups. The property sits on a generous lot offering ample outdoor space for tenants. The combined monthly rental income is $1,325. The property has a history of consistent occupancy, making it a 'set-and-forget' addition to any portfolio. The property size is 1225 square feet.
Key Highlights
- Fully occupied duplex with two 2‑bedroom, 1‑bathroom units
- Combined monthly rental income of $1,325
- Each unit has individual laundry hookups
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $18.4k | $15.00 |
| − Vacancy | −$1.3k | −$1.07 |
| EGI | $17.1k | $13.93 |
| − OpEx | −$5.1k | −$4.18 |
| NOI | $11.9k | $9.75 |
1,225 SF · lease $15.00/SF/yr · vacancy 7.12% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$170.7K
$149.3K – $199.1K
NOI $11,947 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$157.1K
$137.4K – $183.2K
NOI $10,994 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$303.4K
$265.5K – $354.0K
NOI $21,239 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Fully occupied duplex in Oak Ridge, proven income producer.
Where is this duplex located?
The property is located at 100/102 Howard Lane Oak Ridge, TN.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Fully occupied duplex with two 2‑bedroom, 1‑bathroom units; Combined monthly rental income of $1,325; Each unit has individual laundry hookups
