Multi-Family Property with Main
605 S Lake Drive Oneida, TN 37841
605 S Lake Drive, Oneida, TN, 37841
$550,000
For Sale
$550,000
MULTI_FAMILY - Oneida, TN
Property Size7,576 SF
Lot Size3.67 Acres
Price / SF$72.60
Days on Market229
Property Features for 605 S Lake Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Rooms
- Bedroom 4, Bedroom 2, Bathroom 6, Bedroom 5, Bathroom 2, Bedroom 3, Bathroom 1, Bathroom 4, Bathroom 5, Bathroom 7, Bathroom 3, Bedroom 1, Bathroom 8
- Parking features
- Off Street
- Exterior features
- Balcony
- Appliances
- Refrigerator
- 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
- Natural Gas, Central, Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1967
- Number of units
- 7
- Flooring type
- Tile, Laminate, Hardwood
- 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 Updated: Jul 9 at 4:10AM Checked: Jul 22 at 10:06PM
MLS# 1323587
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Investment Insights
Based on property information with market context.
This for-sale multi-family residential property includes six rental units already in place: four efficiency apartments and two one-bedroom apartments. In addition, there is a three-bedroom, two-bath main house that can be used as residential space or considered as part of a broader housing plan. The property totals approximately 7,576 square feet on 3.67 acres.
Located at 605 S Lake Drive in Oneida, TN 37841 (Scott County), the home sits close to a golf course and the airport, according to the seller’s remarks. The Lake Drive address provides convenient local access for tenants and guests.
The current unit mix can support a landlord seeking on-site income while still having space for an owner’s residence or guest use through the main house. For investors, the layout also offers flexibility if you’re evaluating options to expand the rental portfolio or operate overnight rentals, subject to applicable approvals and requirements.
Located at 605 S Lake Drive in Oneida, TN 37841 (Scott County), the home sits close to a golf course and the airport, according to the seller’s remarks. The Lake Drive address provides convenient local access for tenants and guests.
The current unit mix can support a landlord seeking on-site income while still having space for an owner’s residence or guest use through the main house. For investors, the layout also offers flexibility if you’re evaluating options to expand the rental portfolio or operate overnight rentals, subject to applicable approvals and requirements.
Key Highlights
- 3.6‑acre property with a main house and multiple rental units, including four efficiency apartments, two 1‑bedroom apartments, and a 3‑bedroom, 2‑bath main house
- Six rental units already in place, with four additional efficiency units and two 1‑bedroom units listed as part of the setup
- Year built 1967 with block and frame construction and a shingle roof
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Multi-unit setup on 3.67 acres with efficiency, one-bedroom apartments, and a 3-bedroom main house.
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 $550,000.
What are key features of this property?
This property features: 3.6‑acre property with a main house and multiple rental units, including four efficiency apartments, two 1‑bedroom apartments, and a 3‑bedroom, 2‑bath main house; Six rental units already in place, with four additional efficiency units and two 1‑bedroom units listed as part of the setup; Year built 1967 with block and frame construction and a shingle roof
