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Multifamily Property on Lakefront

605 South Lake Drive Unit A Oneida, TN 37841

605 South Lake Drive Unit A, Oneida, TN, 37841
$650,000
For Sale
$650,000

Mixed-use configuration with six existing rental units and a separate main house set on 3.6 acres.

Property Size7,576 SF
Lot Size3.60 Acres
Price / SF$85.80
Days on Market306

Property Features for 605 South Lake Drive Unit A

General Information

Standard status
Active
Size
7,576 SF
Lot size
3.60 Acres
Property subtype
Multi-Family

Building Details

Year Built
1967
Listing agency Honors Real Estate Services LLC
Listed by Jim Stoneburner
Source Compass
Added: Sep 19, 2025 Updated: Jul 21 at 5:08AM Checked: Jul 21 at 5:08AM

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 Honors Real Estate Services LLC


Investment Insights

Based on property information with market context.

This multifamily property includes four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. The offering totals six rental units already in place, with additional space provided by the main house for flexible use.

Located at 605 South Lake Drive in Oneida, Tennessee, the property is described as being close to the golf course and the airport, and it is positioned “on the Lake.”

The site is presented as a combined residential setup on 3.6 acres, offering room for spread-out use across the grounds. For more details on the current unit configuration and how the main house space is set up, interested parties should contact the listing agent for a showing.

Key Highlights

  • Mixed‑use setup with six existing rental units plus a separate main house on 3.6 acres
  • Includes four efficiency apartments, two 1‑bedroom apartments, and a 3‑bedroom, 2‑bath main house
  • Central cooling and central heating (natural gas and electric) throughout; heat central is true

Property Analytics

Location Intelligence

Current Use by Public Records

Short term rental ...

Suggested Use

Auto Repair Shop Pharmacy Garden Center Grocery & Convenience Store Big Box & Wholesale Store Building Supply (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Restaurant Arcade & Gaming Center

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

FAQs

What type of property is this?
Apartment building - Mixed-use configuration with six existing rental units and a separate main house set on 3.6 acres.
Where is this apartment building located?
The property is located at 605 South Lake Drive Unit A Oneida, TN.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Mixed‑use setup with six existing rental units plus a separate main house on 3.6 acres; Includes four efficiency apartments, two 1‑bedroom apartments, and a 3‑bedroom, 2‑bath main house; Central cooling and central heating (natural gas and electric) throughout; heat central is true
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