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$899,000

197 - 207 Gum Hollow Rd 197 - 207, Oak Ridge, TN 37830

Active119 days on market

Listing provided by: Heidi Adams · NAI Koella l RM Moore

Source: East Tennessee REALTORS® MLS · MLS# 1343898

East Tennessee REALTORS IDXListing last updated

—
Beds
0
Baths
—
Sq Ft
1979
Year Built
—
Lot (ac)
Multi-Family
Type

About this home

6 units in booming Oak Ridge! This investor renovation opportunity is located in close proximity to the Oak Ridge Country Club in an established area of town. Five of the six total units are occupied at below market rent on short term leases providing an excellent opportunity to update the units as they are vacated and lease at market rents ($1,300 1 bed, $1,600 2 bed). One of the 6 units (2 bed 1.5 bath) has been fully renovated and is leased for $1,300 per month. Total annual proforma rents - $98,400.00.

Facts & features

Interior
Bedrooms & bathrooms
  • Bathrooms: 0
Heating
  • Heating: Central, Electric
Cooling
  • Cooling: Central Cooling
Features
  • Flooring: Laminate, Carpet, Vinyl, Tile
Property
Parking
  • Parking features: On Premise Parking
  • Attached garage: No
Lot
  • Dimensions: 443 x 244
Details
  • Parcel number: 015K B 008.00
Construction
Type & style
  • Home type: Multi-Family
Materials
  • Materials: Frame
Condition
  • Year built: 1979
Utilities
Community & HOA
Community
  • County: Roane County - 31
  • MLS area: Roane County - 31
  • Region: Oak Ridge
Financial & listing details
Financial
  • Price: $899,000
  • Annual tax: $6,724.61
  • Listing terms: New Loan, Cash
Listing
  • Date on market: Jun 8, 2026
  • Days on market: 119
  • Status: Active
  • MLS #: 1343898

Location

Schools appear as you zoom in to city level

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