Two-Unit Duplex with Yard
For Sale
$280,000
Pending
100-102 Howard Lane, Oak Ridge, TN 37830
Two rented residential units include private laundry equipment and outdoor yard areas.
Property Size1,225 SF
Days on Market375
Property Features for 100-102 Howard Lane
General Information
Standard status
Pending
Size
1,225 SF
Property subtype
Multi-Family
Taxes and HOA fees
Annual Taxes
$950
Amenities
Central Cooling
Yes
Laminate, Hardwood, Carpet, Tile
True
Central, Electric
Dryer, Microwave, Range, Refrigerator, Washer
Vinyl, Brick, Frame
Building Details
Year Built
1943
Listing Agency:
Young Marketing Group, Realty Executives
Listed By:
Carl Young · License #337453
(865) 281-1321
Source:
Compass
Added: Oct 7, 2025
Changed: Oct 1
Last Checked: Oct 15 at 1:41AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Young Marketing Group, Realty Executives
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This duplex contains two residential units, each configured with two bedrooms and one bathroom. The units include individual washers and dryers, central cooling, and a mix of laminate, hardwood, carpet, and tile finishes. The property also provides yard space and measures 1,225 square feet overall.
Built in 1943, the building has vinyl, brick, and frame exterior materials. Both units are currently rented. The property is located on Howard Lane in Oak Ridge, Tennessee.
Built in 1943, the building has vinyl, brick, and frame exterior materials. Both units are currently rented. The property is located on Howard Lane in Oak Ridge, Tennessee.
Key Highlights
- Two 2‑bedroom, 1‑bathroom units
- 1,225 square feet of total property size
- Both units currently rented
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,947
Cap Rate
4.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,940
$238.9K
Cap Rate 7%
$170,671
$170.7K
Cap Rate 9%
$132,744
$132.7K
Market Conditions
NOI Build-Up for 1,225 SF
Gross rent
$18.4K $15.00/SF
− Vacancy
−$1.3K −$1.07/SF
EGI
$17.1K $13.93/SF
− OpEx
−$5.1K −$4.18/SF
NOI
$11.9K $9.75/SF
Area
Anderson County, TN
Vacancy
7.12%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$238,940
Cap Rate 7%
$170,671
Cap Rate 9%
$132,744
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 authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
236
Businesses Nearby
Explore this area
Business Placement
Demographics for 37830, TN
31,839
Population
15,110
Households
2.1
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
84.8 sq mi
ZIP Area
375
Density / Sq Mi
$70,795
Median Household Income
$41,293
Median Earnings
$1,076
Median Rent
$234,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two rented residential units include private laundry equipment and outdoor yard areas.
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: Two 2‑bedroom, 1‑bathroom units; 1,225 square feet of total property size; Both units currently rented
