Renovated Two-Unit
New
For Sale
$330,000
101-103 Walsh Lane, Oak Ridge, TN 37830
Multi-Family, Oak Ridge, TN
Property Size1,425 SF
Lot Size0.26 Acres
Price / SF$231.58
Days on Market3
Property Features for 101-103 Walsh Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Full bathrooms
2
Rooms
Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 1
Parking features
Off Street
Patio and Porch features
Porch
Exterior features
Windows - Vinyl
Appliances
Dishwasher, Dryer, Range, Refrigerator, Washer
Elementary school
Willow Brook
Middle school
Robertsville
High school
Oak Ridge
Directions
From Illinois to Right on Outer Dr. to Right on Walsh Lane to Duplex on Left. SOP
Subdivision
Anderson County - 30
Standard status
Active
APN
099G D 01700 000
Size
1,425 SF
Lot size
0.26 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Annual Amount
2664
Utilities
Heating system
Natural Gas, Central, Heat Pump (Heating), Electric (Heating)
Cooling system
Central Air
Building Details
Year built
1943
Number of units
2
Flooring type
Vinyl, Carpet
Building materials
Vinyl Siding, Frame
Roof type
Asphalt
Buildings
1
Listing Agency:
Crye-Leike Realtors
(865) 482-9990
Listed By:
Chris Morton
(865) 898-8271
Added: Oct 26
Changed: Oct 27
Last Checked: Oct 28 at 3:06AM
MLS# 1360123
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.
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Investment Insights
Based on property information with market context.
This 1,425-square-foot duplex contains two residences, each with a two-bedroom, one-bathroom layout. Interior work includes new flooring, plumbing fixtures, and kitchen cabinets; Unit 103 also has newly installed appliances. Unit 101 received a full interior renovation in January 2023 and has a new HVAC system, while work on Unit 103 was completed in August 2025.
The property occupies 0.26 acres at 101-103 Walsh Lane in Oak Ridge. Exterior improvements include a replacement roof installed in October 2022 and new siding added in January 2023. Vinyl windows, off-street parking, and a porch are also among the property’s features.
The property occupies 0.26 acres at 101-103 Walsh Lane in Oak Ridge. Exterior improvements include a replacement roof installed in October 2022 and new siding added in January 2023. Vinyl windows, off-street parking, and a porch are also among the property’s features.
Key Highlights
- Two‑unit duplex with 1,425 square feet on 0.26 acres
- Both residences have 2 bedrooms and 1 bathroom
- Unit 101 renovated in January 2023; includes a new HVAC system
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,897
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,940
$277.9K
Cap Rate 7%
$198,529
$198.5K
Cap Rate 9%
$154,411
$154.4K
Market Conditions
NOI Build-Up for 1,425 SF
Gross rent
$21.4K $15.00/SF
− Vacancy
−$1.5K −$1.07/SF
EGI
$19.9K $13.93/SF
− OpEx
−$6.0K −$4.18/SF
NOI
$13.9K $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%
$277,940
Cap Rate 7%
$198,529
Cap Rate 9%
$154,411
Alternative Uses
Best Use
Multifamily LT 5
$198.5K
$173.7K – $231.6K
NOI $13,897 @ 7.0% cap · market cap 4.21%
Second Best
Apartment 5plus
$182.7K
$159.9K – $213.1K
NOI $12,788 @ 7.0% cap · market cap 3.88%
Theoretical Best
Office A
$352.9K
$308.8K – $411.8K
NOI $24,706 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
113
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Each residence is configured with two bedrooms and one bathroom.
Where is this duplex located?
The property is located at 101-103 Walsh Lane Oak Ridge, TN.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Two‑unit duplex with 1,425 square feet on 0.26 acres; Both residences have 2 bedrooms and 1 bathroom; Unit 101 renovated in January 2023; includes a new HVAC system
