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Renovated Quadplex with Unit Mix
For Sale
$659,900
Pending

328 Jefferson Ave, Oak Ridge, TN 37830

Four separately metered units offer updated interiors, outdoor decks, parking, and laundry connections in three residences.

Property SizeContact for details
Days on Market546

Property Features for 328 Jefferson Ave

General Information

Standard status Pending
Property subtype Multi Family

Units

Unit Mix 2 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Amenities

quartz countertops
stainless appliances
tankless water heaters
LVP flooring
soft close cabinets
tiled showers
front and back decks
huge backyard
laundry hook-ups

Building Details

Year Built 1943
Construction board and batten
Listing Agency: Keller Williams Realty
Listed By: Derek Maples · License #324594
Source: Exitrealty
Added: Mar 4, 2025 Changed: Aug 31 Last Checked: Aug 31 at 2:45PM

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 Keller Williams Realty

Investment Insights

Based on property information with market context.

This 1943 quadplex contains two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units. The renovation includes quartz countertops, stainless steel appliances, tankless water heaters, LVP flooring, soft-close cabinetry, tiled showers, and board-and-batten siding. Three units have laundry hookups, and each residence includes front and rear decks, off-street parking, and access to a large backyard. The renovation received approvals through Oak Ridge’s permitting process for electrical, plumbing, mechanical, insulation, and framing work.

Located at 328 Jefferson Ave in Oak Ridge, Tennessee, the property is separately metered by unit, allowing occupants to pay their own utilities. The combination of unit variety, updated finishes, individual utility metering, and outdoor space creates a clearly defined four-unit residential income property.

Key Highlights

  • Four‑unit configuration with two 3/1 residences and two 2/1 residences
  • Renovation includes quartz countertops, stainless appliances, LVP flooring, and tankless water heaters
  • 3 of 4 units have laundry hookups

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Law Firm Dental Office Real Estate Agency Restaurant Spa & Massage Center Hair Salon

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

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

134
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered units offer updated interiors, outdoor decks, parking, and laundry connections in three residences.
Where is this quadplex located?
The property is located at 328 Jefferson Ave Oak Ridge, TN.
What is the asking price?
The asking price for this property is $659,900.
What are key features of this property?
This property features: Four‑unit configuration with two 3/1 residences and two 2/1 residences; Renovation includes quartz countertops, stainless appliances, LVP flooring, and tankless water heaters; 3 of 4 units have laundry hookups
More about this property
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