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Duplex with Two 2-Bedroom Units
For Sale
$280,000

100/102 Howard Lane, Oak Ridge, TN 37830

MULTI_FAMILY - Oak Ridge, TN

Property Size1,225 SF
Price / SF$228.57
Days on Market303

Property Features for 100/102 Howard Lane

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 4
Full bathrooms 2
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
Elementary school Willow Brook
Middle school Robertsville
High school Oak Ridge
Directions From TN-62 W, Pass by Waffle House (on the left in 5.4 mi); Follow Orau Way, Robertsville Rd and Highland Ave to Howard Ln; Turn right onto Orau Way; Continue onto Robertsville Rd; Turn right onto Highland Ave; Turn right onto Howard Ln; Destination will be on the right.
Subdivision Anderson County - 30
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

Amenities

individual laundry hookups

Building Details

Year built 1943
Number of units 2
Flooring type Tile, Hardwood, Laminate, Carpet
Building materials Vinyl Siding, Brick, Frame
Roof type Shingle
Listing Agency: Young Marketing Group, Realty Executives · Realty Executives International
Listed By: Carl Young · License #337453
Added: Oct 7, 2025 Changed: Aug 3 Last Checked: Aug 5 at 3:06AM
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 fully occupied duplex is configured as two separate, spacious units, each with two bedrooms and one bathroom. Each side includes individual laundry hookups, supporting tenant convenience and day-to-day independence. The home is equipped with a mix of flooring types including carpet, tile, hardwood, and laminate, and features a porch for outdoor use. Appliances listed include a microwave, range, refrigerator, washer, and dryer.

Built in 1943, the duplex includes vinyl siding with brick and frame construction elements and is served by central heating and central air conditioning with electric heat. Parking is available on street, and the property is listed as a duplex at 100/102 Howard Lane in Oak Ridge, TN.

With two fully separate units and in-unit laundry hookups on both sides, the property is designed for straightforward tenant turnover and consistent, self-contained living arrangements.

Key Highlights

  • Fully occupied duplex with two 2‑bedroom, 1‑bath units
  • Individual laundry hookups on each side
  • Built in 1943

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 (±1% cap)
NOI $11,947 @ 7.0% cap · market cap 4.27%
Second Best
Apartment 5plus
$157.1K
$137.4K – $183.2K (±1% cap)
NOI $10,994 @ 7.0% cap · market cap 3.93%
Theoretical Best
Office A
$303.4K
$265.5K – $354.0K (±1% cap)
NOI $21,239 @ 7.0% cap · market cap 7.59%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Nail Salon Real Estate Agency Dental Office (Bike/Boat/Book/etc) Store Storage Facility Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

236
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Fully occupied duplex with two 2-bedroom, 1-bath units and individual laundry hookups on Howard Lane.
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‑bath units; Individual laundry hookups on each side; Built in 1943
More about this property
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