617 W Outer Dr Oak Ridge, TN 37830
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 617 W Outer Dr
- Year built
- 1943
- Property type
- Commercial real estate
Description
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.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Oak Ridge
- County
- Anderson
- State
- Tennessee
- Longitude
- -84.2835296
- Latitude
- 36.0186396
