Apartment Building with Main
For Sale
$525,000
605 S Lake Drive, Oneida, TN 37841
Multi-Family, Oneida, TN
Property Size7,576 SF
Lot Size3.67 Acres
Price / SF$69.30
Days on Market278
Property Features for 605 S Lake Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
5
Full bathrooms
8
Rooms
Bathroom 5, Bathroom 4, Bathroom 6, Bedroom 1, Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 3, Bedroom 5, Bathroom 8, Bathroom 2, Bedroom 3, Bathroom 7
Parking features
Off Street
Exterior features
Balcony
Appliances
Refrigerator
Subdivision
Ponderosa Estates
Directions
63 West to Hwy 27 North-Right to Underpass Drive-Right at the three way stop-Go straight into Ponderosa Est.-Turn left at 605 South Lake Drive-the house shares a drive with other house---go to the last house.
Standard status
Active
APN
061L B 008.00
Size
7,576 SF
Lot size
3.67 Acres
Taxes and HOA fees
Tax Annual Amount
5233
Utilities
Heating system
Electric (Heating), Natural Gas, Central
Cooling system
Central Air
Building Details
Year built
1967
Number of units
7
Flooring type
Hardwood, Tile, Laminate
Building materials
Block, Frame
Roof type
Shingle
Listing Agency:
Honors Real Estate Services LLC
(865) 238-0002
Listed By:
Jim Stoneburner
(865) 296-2732
Added: Dec 5, 2025
Changed: Sep 8
Last Checked: Sep 9 at 2:06AM
MLS# 1323587
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 multifamily property includes four efficiency apartments, two one-bedroom apartments, and a separate three-bedroom, two-bath main house. The improvements total 7,576 square feet on 3.67 acres, providing a combination of rental units and residential space. The main house includes a balcony, while the property offers off-street parking, central air, and heating supported by natural gas and electric systems. Construction consists of block and frame materials, with tile, laminate, and hardwood flooring and a shingle roof.
Located at 605 S Lake Drive in Oneida, the property is close to a golf course and airport and is described as being on the lake. The buildings date to 1967 and include a refrigerator among the listed appliances.
Located at 605 S Lake Drive in Oneida, the property is close to a golf course and airport and is described as being on the lake. The buildings date to 1967 and include a refrigerator among the listed appliances.
Key Highlights
- Four efficiency apartments and two one‑bedroom apartments
- Three‑bedroom, two‑bath main house with balcony
- 7,576 square feet of improvements on 3.67 acres
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 37841, TN
9,443
Population
4,298
Households
2.2
Avg Household Size
39
Median Age
11%
College-Educated
82%
High-School Grad
147.3 sq mi
ZIP Area
64
Density / Sq Mi
$47,928
Median Household Income
$30,586
Median Earnings
$763
Median Rent
$147,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Six existing rental units accompany a three-bedroom, two-bath main residence with additional land.
Where is this apartment building located?
The property is located at 605 S Lake Drive Oneida, TN.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Four efficiency apartments and two one‑bedroom apartments; Three‑bedroom, two‑bath main house with balcony; 7,576 square feet of improvements on 3.67 acres
