111 Vienna Rd, Oak Ridge, TN 37830
MULTI_FAMILY - Oak Ridge, TN
- Added:
- Apr 7, 2026
- Days on Market:
- 68
- Last Refresh:
- Jun 13 at 6:06 pm
Property Features for 111 Vienna Rd
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Rooms
- Bathroom 1, Bedroom 6, Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 4
- Parking features
- Carport, On Street
- Patio and Porch features
- Porch
- Appliances
- Dishwasher, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
- Standard status
- Active
- APN
- 099E G 04100 000
- Size
- 2,704 SF
- Lot size
- 0.54 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2770
Utilities
- Heating system
- Natural Gas, Central
- Cooling system
- Central Air, Ceiling Fan(s)
Building Details
- Year built
- 1943
- Number of units
- 2
- Flooring type
- Vinyl, Hardwood, Laminate
- Building materials
- Frame
- Roof type
- Asphalt
Listing agent Mike Jarvis (865) 719-2873
Listing office Wallace 140 Major Reynolds Place, Knoxville, TN (865) 584-4000
Listing date Apr 7, 2026
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.
HighLights
- Built in 1943 with frame construction and asphalt roof
- Updated electrical and plumbing in 2022
- New HVAC installed in 2024
- New windows installed in 2026
- Central heating and central air, plus ceiling fans
- Appliances included: dishwasher, microwave, range, refrigerator, self‑cleaning oven, washer, and dryer
Overview
The property is located at 111 Vienna Rd in Oak Ridge, Tennessee, on a 0.54-acre lot in Anderson County. The listing is offered for sale at $465,000 and includes a stated note in the remarks that 100% financing is available.
From an operator’s standpoint, the two-unit mix can appeal to a range of tenant profiles, including those who may prefer a ready-to-occupy furnished option, as well as households seeking more bedrooms and additional bathrooms within the same building. With major mechanical and envelope improvements already completed, the asset may support buyers looking for a duplex with documented capital work and straightforward unit-by-unit tenancy.
Local 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 | $40.6k | $15.00 |
| − Vacancy | −$2.9k | −$1.07 |
| EGI | $37.7k | $13.93 |
| − OpEx | −$11.3k | −$4.18 |
| NOI | $26.4k | $9.75 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Oak Ridge
- County
- Anderson
- State
- Tennessee
- Longitude
- -84.254396
- Latitude
- 36.016361
