$130,000
PENDING $20K PRICE DROP

122 Lancaster Rd Oak Ridge, TN 37830

Estimated payment $809/month

Total Views 5,047
-- Bed
-- Bath
1,344 Sq Ft
$97 Price per Sq Ft

Highlights

  • 0.57 Acre Lot
  • Wood Flooring
  • Attached Garage
  • Robertsville Middle School Rated A
  • Wood Frame Window
  • Window Unit Cooling System

About This Home

Attention Investors: Duplex in Prime Oak Ridge Location
This is an estate sale offering a fantastic investment opportunity in the heart of Oak Ridge. Situated on a spacious 0.57-acre lot within the
desirable Oak Ridge School district, this duplex features two separate units, each with 2 bedrooms and 1 bathroom. Both units have access to an attached carport, providing convenient parking and additional storage space. A generously extended covered porch spans the entire front of the home, offering ample room for furniture or extra storage. With its prime location and potential for rental income, this property is ideal for
investors seeking a valuable addition to their portfolio

Listing Agent

Brian Howard

Realty Executives Associates License #301329 Listed on: 03/31/2025

Realty Executives Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1943 | Under Construction

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 141 x 240

Home Design

  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1,344 Sq Ft Home
  • Wood Frame Window

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Parking

  • Attached Garage
  • Carport
  • Driveway
  • Off-Street Parking

Utilities

  • Window Unit Cooling System
  • Zoned Heating
  • Space Heater
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 099PE047.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,056

Year Built

Built in 1943 | Under Construction

Lot Details

0

Listing Details

  • Directions: From Oak ridge turnpike turn right onto Louisiana Ave. Right onto Lancaster Rd. Home on left.
  • Prop. Type: Multi-Family
  • Year Built: 1943
  • Lot Size Acres: 0.57
  • Lot Size: 141 x 240
  • General Property Description:Lot Size SqFt: 24829.0
  • Siding:Vinyl2: Yes
  • Floors:Carpet: Yes
  • Floors:Hardwood: Yes
  • Fuel:Electric: Yes
  • Fuel:Gas (Natural): Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Appliances Dryer: Yes
  • Washers: Yes
  • General Property Description:New Construction: Under Construction
  • Cooling:Window Unit(s): Yes
  • General Property Description:Driveway: Yes
  • Heat:Space Heater: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Property Sub-Type:Duplex: Yes
  • Roof:Asphalt: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Dryer, Refrigerator, Washer
  • Flooring: Hardwood, Carpet
  • Other Rooms:Mstr Bdrm Main Level: Yes

Exterior Features

  • Construction Type: Vinyl Siding, Frame
  • Roof: Asphalt
  • Construction:Frame: Yes
  • Exterior Features:Windows - Wood: Yes

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Off-Street Parking, Attached, Carport
  • GarageParking:Attached2: Yes
  • GarageParking:Off-Street Parking: Yes
  • GarageParking:Carport: Yes

Utilities

  • Cooling: Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Natural Gas, Space Heater, Electric
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 24829.0
  • Parcel #: 099PE047.00
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1056.0

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $376 $22,150 $7,975 $14,175
2023 $376 $22,150 $0 $0
2022 $730 $15,300 $7,975 $7,325
2021 $730 $15,300 $7,975 $7,325
2020 $751 $15,300 $7,975 $7,325
2019 $748 $14,625 $7,300 $7,325
2018 $748 $14,625 $7,300 $7,325
2017 $748 $14,625 $7,300 $7,325
2016 $748 $14,625 $7,300 $7,325
2015 -- $14,625 $7,300 $7,325
2014 -- $14,625 $7,300 $7,325
2013 -- $17,700 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 Pending -- -- --
03/31/2025 03/31/25 For Sale $130,000 0.0% $97 / Sq Ft
11/20/2024 11/20/24 Pending -- -- --
11/15/2024 11/15/24 Price Changed $130,000 -13.3% $97 / Sq Ft
11/08/2024 11/08/24 For Sale $150,000 -- $112 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $38,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $33,500 No Value Available
Closed $20,000 No Value Available
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1281950

East Tennessee REALTORS® MLS

APN: 099P-E-047.00