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!
Pending
Price cut: $7K (7/7)
$317,000
369 Robertsville Rd, Oak Ridge, TN 37830
4beds
2baths
1,425sqft
Est.:
Multi Family
Built in 1942
-- sqft lot
$-- Zestimate®
$222/sqft
$-- HOA
What's special
- 74 days
- on Zillow |
- 426 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: July 29, 2025 at 05:40am
Listed by:
Jeanne Gorman 865-257-3682,
GORMAN REALTY 865-272-5040
Source: East Tennessee Realtors,MLS#: 1302770

Travel times
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 & HOA
Location
- Region: Oak Ridge
Financial & listing details
- Price per square foot: $222/sqft
- Tax assessed value: $122,400
- Annual tax amount: $1,460
- Date on market: 5/30/2025
- Listing terms: VA Loan,FHA,Cash,Conventional
- Loading