380 Outer Dr Oak Ridge, TN 37830
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.