617 Outer Dr Oak Ridge, TN 37830
This well-maintained duplex in Oak Ridge, Tennessee, presents a compelling investment opportunity. Located at 617 W Outer Dr, 37830, this 1943-built property boasts two units: a spacious two-bedroom, one-bathroom unit and a comfortable one-bedroom, one-bathroom unit. Both units feature open floor plans and recently installed vinyl flooring, minimizing maintenance needs and maximizing modern appeal. The property's previous long-term tenants generated a gross annual rental income of $32,100. Adding to its appeal is a fenced yard and a walk-out porch, offering private outdoor spaces perfect for relaxation or entertaining. This duplex is ideally suited for investors seeking to expand their rental portfolio or for those considering multi-generational living arrangements. The property's location in the heart of Oak Ridge provides easy access to local amenities and services. The asking price is $360,000, and owner financing is available. This is a rare opportunity to acquire a solid, income-producing property with significant potential for future growth in a desirable Tennessee location.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.