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Property profile & analytics
OFF-MARKET
Commercial real estate

380 Outer Dr Oak Ridge, TN 37830

Built 1943
Individually Owned
Property ID
US80-1811907
Property summary
AI-generated overview

This beautifully remodeled duplex in Oak Ridge, Tennessee, presents a compelling investment opportunity. Located at 380 W Outer Dr, 37830, this 1943-built property offers two distinct units within a single building. Unit 380 features three spacious bedrooms and one and a half bathrooms, while Unit 382 provides two cozy bedrooms and one bathroom. Both units boast elegant hardwood floors and modern tile throughout, showcasing updated kitchens and bathrooms that blend style and functionality. Each unit includes a private deck, ideal for outdoor relaxation. The property also features a large, fenced backyard, providing ample space for outdoor activities. Current tenants are responsible for all utilities, minimizing management concerns. Projected net annual income is $31,000 (financial statement available, excluding October, November, and December data). Owner financing is available. This turnkey property is situated in a desirable Oak Ridge location, making it an attractive investment for both seasoned and new investors. The property is classified as a multifamily apartment building.

Property profile
Verified
Property type Commercial real estate
Year built 1943
UPID US80-1811907
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Layne Jacob
Layne Jacob
since 2026
1 recorded transaction
2026
$322,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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