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369 Robertsville Rd, Oak Ridge, 37830

Priced At: $317,000

Property Details for ID: 1302770

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SqFt: 1,425
Price SqFt: $222
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Closed
Property Type: MultiFamily
On Market Date: 2025-05-30T07:16:35Z

Public Remarks: 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!

Schools Information

Elementary School: Willow Brook
Middle / Junior School: Robertsville
High School: Oak Ridge

Building Description

Year Built: 1942
SqFt (Total): 1,425
Sub-Type: Duplex
Sale Includes: Some Furnishings
Unit Type(s): 2 Bedroom Unit

  Exterior Features

Features: Deck, Windows - Vinyl
Construction: Frame
Siding: Vinyl

  Appliances

Dishwasher, Microwave, Range, Refrigerator

  Room Dimensions

  Interior Features

Floors: Laminate, Vinyl
Other Rooms: Family Room
Misc Features: WasherDryer Connect

  Property Details

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional, FHA, VA Loan

  HOA Information

Restrictions: Yes

Heating & Cooling

Cooling Type(s): Central Cooling
Heat Type(s): Central

Garage / Parking

On-Street Parking

  Community Features

Outbuildings


Presented By: / GORMAN REALTY

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

I-140 W toward Oak Ridge. Take TN-162 N/Pellissippi Pkwy N toward Oak Ridge. Merge onto TN-62 W via the exit on the left toward Oak Ridge. Turn left onto Oak Ridge Turnpike/TN-95. Turn right onto Jefferson Ave. Turn sharp left onto Robertsville Rd. 369 ROBERTSVILLE RD is on the left.



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