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138-144 Latimer Rd, Oak Ridge, 37830
Priced At: $425,000
Property Details for ID: 1349029
SqFt: 2,825
Price SqFt: $150
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Pending - Continue to Show - Inspection
Property Type: MultiFamily
On Market Date: 2026-07-22T00:40:37Z
Public Remarks: Excellent investment opportunity in the heart of Oak Ridge! This four-unit apartment building features four 2-bedroom, 1-bath units totaling approximately 2,825 square feet. Built in 1942, each unit offers an efficient layout of approximately 704-706 square feet. Property sits on a spacious lot of nearly 0.66 acres (28,749 SF) with on-site parking for tenants. Units feature laminate flooring, central heat and air, vinyl siding, asphalt shingle roof, and include range and refrigerator. Conveniently located near shopping, dining, schools, and Oak Ridge employers, this property offers excellent long-term rental potential for investors looking to expand their portfolio. Tenant pays all utilities.
Schools Information
Sorry, school information is not available for this listing.Building Description
SqFt (Total): 2,825
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Directions
From I-40, take Exit 376A onto Pellissippi Parkway (TN-162 North) toward Oak Ridge. Continue approximately 5 miles, then bear left onto TN-62 West/Oak Ridge Highway toward Oak Ridge. Continue into Oak Ridge, then turn left onto Illinois Avenue (TN-62). Turn right onto Oak Ridge Turnpike (TN-95), then left onto Lafayette Drive. Continue to Latimer Road and turn left. The home at 138 Latimer Road will be on your left.
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
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Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!