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    140 Tacoma Rd Oak Ridge, TN 37830

    For Sale
    $3,450,000

    Multifamily investment portfolio in Oak Ridge, Tennessee with value-add opportunity.

    Property size:
    14,706 SF

    Property Features for 140 Tacoma Rd

    General Information

    Size
    14,706 SF

    Building Details

    Year built
    1943

    Source: Heidi Adams Agent Heidi Adams

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Oak Ridge Multifamily Investment Portfolio

    This multifamily investment portfolio is located in Oak Ridge, Tennessee, and includes six quadplexes, along with a newly constructed management office, laundry facility, and maintenance shop. Five of the six buildings have been renovated and are occupied, while the sixth building is ready for enhancements, presenting a value-add opportunity. The laundry facility provides an added income source, and the management and maintenance areas offer convenience for ownership. The property is situated in the heart of Oak Ridge, in a strategic location for multifamily investors. The Oak Ridge National Laboratory and Y-12 National Security Complex drive a strong local economy, attracting top talent. The multifamily market maintains high occupancy in all product classes due to the transient nature of the employment base in Oak Ridge. The property size is 14706 square feet.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Oak Ridge
    County
    Anderson
    State
    Tennessee
    Longitude
    -84.22537
    Latitude
    36.035442

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    FAQs

    What type of property is this?
    Quadplex - Multifamily investment portfolio in Oak Ridge, Tennessee with value-add opportunity.
    Where is this quadplex located?
    The property is located at 140 Tacoma Rd Oak Ridge, TN.
    What is the asking price?
    The asking price for this property is $3,450,000.
    What are key features of this property?
    This property features: - Portfolio of six quadplexes in Oak Ridge, Tennessee, offering a significant investment opportunity.; - High occupancy rates due to the presence of Oak Ridge National Laboratory and Y-12 National Security Complex.; - Five of the six buildings are renovated and currently generating cash flow.
    (321) 439-3175
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    140 Tacoma Rd Oak Ridge, TN 37830
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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
    140 Tacoma Rd Oak Ridge, TN 37830
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