558-560 West Outer Drive

Oak Ridge, TN 37830

$360,000
Price
Beds
1,425 Sq. Ft.
$253 / Sq. Ft.
1,425
Sq. Ft.
$253
per Sq. Ft.

Description

Fantastic investment opportunity in Oak Ridge! This duplex features two spacious 2-bedroom, 1-bath units, each with new luxury vinyl plank (LVP) flooring and washer/dryer hookups for added convenience. Both units currently under lease totaling $2,500 monthly income. The units offer functional layouts with plenty of natural light. The property includes a shared yard space, perfect for outdoor enjoyment or tenant gatherings. Conveniently located near local amenities, schools, and shopping, this property...Fantastic investment opportunity in Oak Ridge! This duplex features two spacious 2-bedroom, 1-bath units, each with new luxury vinyl plank (LVP) flooring and washer/dryer hookups for added convenience. Both units currently under lease totaling $2,500 monthly income. The units offer functional layouts with plenty of natural light. The property includes a shared yard space, perfect for outdoor enjoyment or tenant gatherings. Conveniently located near local amenities, schools, and shopping, this property is ideal for investors or owner-occupants seeking rental income. Don't miss this chance to own a versatile duplex in a desirable area!
  1. Listed by Carl Young • Young Marketing Group, Realty Executives
  2. Listed by Jason Strange • Young Marketing Group, Realty Executives

Amenities

  • Air Conditioning
  • Parking Included
  • Private Outdoor Space
  • Washer / Dryer in Unit
LISTING UPDATED: 12/10/2024 09:53 AM

Property Details for 558-560 West Outer Drive

StatusActive
MLS #1284361
Days on Market15
Taxes$2,173 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1943
Lot Size0.00 AC / 0 SF
CountyAnderson County

Building Information for 558-560 West Outer Drive

Stories-Residences2Year Built1943Building Size-Lot Size0.00 AC / 0 SF

Property Information for 558-560 West Outer Drive

Summary
Location and General Information
  • City: Oak Ridge
  • County Or Parish: Anderson County - 30
  • Directions: Take I-40/I-75 S, TN-162 N and TN-62 W to W Outer Dr in Oak Ridge; Turn left onto Kingston Pike; Turn right onto Bridgewater Rd; Turn left onto the I-40 W/I-75 S ramp; Merge onto I-40/I-75 S; Use the 2nd from the right lane to take exit 376 for TN-162 N toward Oak Ridge; Use the left lane to merge onto Pellissippi Pkwy; Continue onto TN-162 N/Pellissippi Pkwy; Merge onto TN-62; Pass by Waffle House (on the left in 5.4 mi); Turn right onto W Outer Dr; Destination will be on the left.
  • Latitude: 36.020927
  • Longitude: -84.279419
  • MLS Area Major: Anderson County - 30
  • MLS Area Minor: Anderson County - 30
  • Postal Code: 37830
  • State Or Province: TN
  • Location Tax Legal Info Area: Anderson County - 30
  • Remarks Misc Directions: Take I-40/I-75 S, TN-162 N and TN-62 W to W Outer Dr in Oak Ridge; Turn left onto Kingston Pike; Turn right onto Bridgewater Rd; Turn left onto the I-40 W/I-75 S ramp; Merge onto I-40/I-75 S; Use the 2nd from the right lane to take exit 376 for TN-162 N toward Oak Ridge; Use the left lane to merge onto Pellissippi Pkwy; Continue onto TN-162 N/Pellissippi Pkwy; Merge onto TN-62; Pass by Waffle House (on the left in 5.4 mi); Turn right onto W Outer Dr; Destination will be on the left.
Parking
  • Attached Garage: No
  • Parking Features: Off-Street Parking
  • General Property Description Driveway: N
  • Garage Parking Off-Street Parking: True
School Information
  • Elementary School: Willow Brook
  • High School: Oak Ridge
  • Middle Or Junior School: Robertsville
  • Location Tax Legal Info Elementary School: Willow Brook
  • Location Tax Legal Info Middle School: Robertsville
  • Location Tax Legal Info High School: Oak Ridge
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 099G A 001.00
  • Location Tax Legal Info Total Tax: 2173.03
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Year Built: 1943
  • Building Area Total: 1425.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: 25,700sqft
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: 25,700sqft
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 0.0
  • Fuel Electric: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered
  • Construction Materials: Vinyl, Frame, Brick
  • Siding Vinyl: True
  • Exterior Features Porch - Covered: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring: Hardwood, Vinyl, Other
  • Heating: Yes
  • Cooling Central Cooling: True
  • Floors Hardwood: True
  • Floors Vinyl: True
  • Heat Central: True
  • Heat - Other: True
  • Appliances Dryer: True
  • Appliances Microwave: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Washer: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Roof Shingle: True
  • Misc Features WasherDryer Connect: True
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
  • Type of Units 2 Bedroom Unit: True
Unit 1
  • Unit 1 Unit Number: 558
  • Unit 1 Beds Total: 3
  • Unit 1 Rent: 1300
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: 560
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 1200
  • Unit 2 Lease: Yes
Rental
Rent Information
  • General Property Description Number of Units Leased: 2.0
  • General Property Description Restrictions: Yes
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Central,Other,Electric

Property History for 558-560 West Outer Drive

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 558-560 West Outer Drive

This home is within Oak Ridge School District.
Rating
School
Type
Grades
Distance
Public - K to 4
Public - 5 to 8
Public - 9 to 12
Rating
School
Distance
Willow Brook Elementary School
PublicK to 4

Robertsville Middle School
Public5 to 8

Oak Ridge High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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558-560 West Outer Drive is a multi-family home for sale in Oak Ridge, TN 37830. This property was listed for sale on December 6, 2024 by Young Marketing Group, Realty Executives, it's currently listed at $360,000. This listing's school district is Oak Ridge School District. Nearby schools include Willow Brook Elementary School, Robertsville Middle School and Oak Ridge High School. 558-560 West Outer Drive is a 0-bed, 0-bath, 1,425 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Young Marketing Group, Realty Executives, Carl Young; Young Marketing Group, Realty Executives, Jason Strange (865.934.7558)

The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 12/10/2024 09:53 AM