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146 Lancaster RdOak Ridge, TN 37830

Anderson County - 30 County

$450,000List price
2,712Sq Ft
1943Year built
0.47Acre lot
7 days agoOn market

Description

WELL LOCATED 4PLEX IN OAK RIDGE - CORNER LOT - TENANTS PAY ALL UTILITIES Investor opportunity featuring four 2-bedroom, 1-bath units. Tenants pay all utilities, and each unit offers washer/dryer hookups, a rear porch, and access to a gated yard. Two units are currently leased, with all tenants month-to-month. Unit 146 was remodeled in June 2024 with new cabinets, LVP flooring, and updated bathroom fixtures, while another unit is ready for a full rehab. The roof was replaced in June 2020. Conveniently located just 7 minutes from Walmart, Chick-fil-A, and other everyday amenities, with easy access to Oak Ridge National Laboratory and Y-12, approximately 15 minutes away. A strong location for attracting tenants and an excellent opportunity to add value through renovations. No sign on property. We respectfully ask that you do not disturb the residents.

Property Information

Property type
Residential Income
Sub-type
Multi Family
Year built
1943
Building area
2,712 Sq Ft
Lot size
0.47 acres
Lot dimensions
175'x114'x161'x88'
Days on market
7
MLS® Listing#
1355827

Property Features

Interior
Master Downstairs
Appliances
Dishwasher · Range · Refrigerator
Cooling
Central Air
Heating
Central · Natural Gas · Electric
Flooring
Laminate · Vinyl · Tile
Parking
On Street · On Site
Patio
Patio
Construction
Vinyl Siding · Frame
Roof
Composition
Parcel number
099P E 04300 000

Directions

Take I-40 W and take Exit 376 toward Oak Ridge. Merge onto Pellissippi Pkwy. After 4.6 miles, veer right onto TN-62 W and continue for 6.3 miles. Turn left onto Oak Ridge Turnpike and follow for 1.3 miles. Turn right onto Louisiana Ave. After 0.2 miles, turn right onto Lancaster Rd. The 4-plex will be on your left. No sign on property. Please don't disturb residents.

Listing Courtesy: Goldman Partners Realty, LLC - 8654443240

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Oak Ridge Market Statistics

How this home compares to 134 active listings in Oak Ridge, TN

Oak Ridge medianThis listing
Median listing price$391,045$450,000
Median days on market517
Median Sq Ft2,0192,712
Median price / Sq Ft$206$166

Market statistics compiled from active EXIT Realty® and MLS listings in Oak Ridge, TN.

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Similar Home Values

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111 Vienna Rd, Oak Ridge, TN$450,000——2,704
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