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    617 W Outer Dr Oak Ridge, TN 37830

    For Sale
    $325,000

    MULTI_FAMILY - Oak Ridge, TN

    Property size:
    1,425 SF
    Lot size:
    0.25 Acres
    Days on Market:
    41
    Last Refresh:
    Dec 7 at 5:06 pm

    Property Features for 617 W Outer Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    APN
    099G E 042.00
    Parking features
    On Street
    Patio and Porch features
    Porch
    Appliances
    Microwave, Range
    Size
    1,425 SF
    Lot size
    0.25 Acres

    Utilities

    Heating system
    Electric (Heating)

    Building Details

    Year built
    1943
    Number of units
    2
    Flooring type
    Vinyl, Laminate
    Building materials
    Vinyl Siding, Brick, Frame
    Roof type
    Shingle

    Young Marketing Group, Realty Executives (865) 281-1321 [email protected]

    Listing agent Carl Young (865) 281-1321

    Listing date Oct 28, 2025

    Copyright © 2025 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.

    Overview

    Oak Ridge Duplex Investment Opportunity

    Located in Oak Ridge, this duplex presents an investment opportunity with flexible living arrangements. The property features two units: a 3-bedroom, 1-bath unit and a 2-bedroom, 1-bath unit. Both units offer open floor plans and newly installed vinyl flooring. The 3-bedroom unit is currently leased for $1,500 per month. The property includes a fenced yard and a walk-out porch. Situated on a 0.25-acre lot, the property offers a total of 1,425 square feet of living space. The property is located in Anderson County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.283485
    Latitude
    36.018616

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    FAQs

    What type of property is this?
    Duplex - Well-maintained duplex in Oak Ridge with tenant in place.
    Where is this duplex located?
    The property is located at 617 W Outer Dr Oak Ridge, TN.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity with one unit currently tenant-occupied.; - Gross annual rent roll of $32,100 from previous long-term tenant.; - 3BR unit currently leased for $1,500 per month.
    (865) 281-1321
    Request Owner's contact information
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    Oak Ridge, TN 37830
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    617 W Outer Dr Oak Ridge, TN 37830
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