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Sold for $300,000 on 08/25/25
  • $300,000

    369 Robertsville Rd, Oak Ridge, TN 37830

    4beds
    2baths
    1,425sqft
    Multi Family
    Built in 1942
    -- sqft lot
    $298,200 Zestimate®
    $211/sqft
    $1,879 Estimated rent

    Home value

    $298,200

    $239,000 - $373,000

    $1,879/mo

    Zestimate® history
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    $1,678/mo

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    What's special

    Welcome to 367 & 369 ROBERTSVILLE ROAD in the HEART OF OAK RIDGE, TN — Professionally renovated, income-producing duplex just minutes from Y-12, Oak Ridge National Laboratory (ORNL), and everything East Tennessee has to offer. This turnkey property presents an exceptional opportunity for investors or owner-occupants looking for strong rental income or flexible living arrangements. TWO HOMES, ONE PROPERTY This duplex features two fully separate 2-bedroom, 1-bathroom units: 367 Robertsville: Turnkey, fully furnished with furniture, bedding, appliances, bathroom and kitchen essentials. Successfully rented as a short-term and mid-term rental (Airbnb 'Superhost' and Furnished Finder) averaging $2,200-$2,500/month over the past three years. Proven rental income history with great occupancy. 369 Robertsville: Currently vacant and unfurnished. This unit has long-term rental potential of $1,395/month or more, or could mirror the furnished rental income of the adjacent unit. Together, these units generate a combined projected income of $3,895/month, supporting an estimated 11.3% cap rate and 22%+ cash-on-cash return at the $317,000 asking price with 20% down, depending on rental strategy and financing terms. Let's make a deal on this excellent investment! INTERIOR FEATURES: Both units have been thoughtfully updated and feature: Open floor plans Modern kitchens Solid surface flooring Updated bathrooms New interior doors Washer/dryers in each unit New hot water heaters Resurfaced tub and new toilet EXTERIOR & SYSTEM UPGRADES: Metal roof Vinyl siding 6-inch gutters with gutter guards Updated insulated windows Updated and repainted decks (2025) Lifetime warranty on foundation with documentation Separate HVAC, electrical, and plumbing systems for each unit (separately metered) OUTDOOR SPACE: Situated on a level, oversized semi-fenced yard with: Stone fire pit Fresh landscaping Private outdoor areas perfect for guests, tenants, or personal enjoyment FLEXIBLE USE OPTIONS: This property is ideal for: Short-term rentals Mid-term or long-term rentals House hacking (live in one unit, rent the other) Multigenerational living Potential conversion into a 4-bedroom single-family home Location Highlights: Just minutes from Y-12, ORNL, Downtown Oak Ridge, Theater, playhouse, shopping, and dining, hiking, boating, and all that East Tennessee has to offer. All information is deemed reliable but not guaranteed. Buyer to verify all information including square footage, lot size, zoning, rental history, market rents, and income potential. Previous leases and Airbnb documentation available upon request. Schedule your showing today and discover this versatile, income-generating gem in the heart of Oak Ridge!

    Zillow last checked: 8 hours ago

    Listing updated: August 27, 2025 at 11:48am

    Listed by:

    Jeanne Gorman 865-257-3682,

    GORMAN REALTY

    Bought with:

    Rishab Rai, 356532

    Alliance Sotheby's International

    Source: East Tennessee Realtors,MLS#: 1302770MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Central, Electric
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Microwave, Range, Refrigerator
    Features
    • Flooring: Laminate, Vinyl
    • Windows: Windows - Vinyl
    Interior area
    • Total structure area: 1,425
    • Total interior livable area: 1,425 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Lot
    • Size: 0.29 Acres
    • Dimensions: 91 x 148 x 154 x 80
    Details
    • Parcel number: 099P D 003.00

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Vinyl Siding, Frame
    Condition
    • Year built: 1942

    Community & neighborhood

    Location
    • Region: Oak Ridge

    Other

    Other facts
    • Listing terms: VA Loan,FHA,Cash,Conventional

    Price history

    DateEventPrice
    8/25/2025Sold$300,000-5.4%$211/sqft
    Source: East Tennessee Realtors #1302770
    7/29/2025Pending sale$317,000$222/sqft
    Source: East Tennessee Realtors #1302770
    7/7/2025Price change$317,000-2.2%$222/sqft
    Source: East Tennessee Realtors #1302770
    6/26/2025Price change$324,000-0.3%$227/sqft
    Source: East Tennessee Realtors #1302770
    6/14/2025Price change$324,990-3%$228/sqft
    Source: East Tennessee Realtors #1302770

    Public tax history

    YearProperty taxesTax assessment
    2024$1,460 $30,600
    2023$1,460 -37.5%$30,600 -37.5%
    2022$2,335 $48,960

    Find assessor info on the county website

    Neighborhood: 37830

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Willow Brook
    • Middle: Robertsville
    • High: Oak Ridge

    Source: East Tennessee Realtors. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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