$125,000
SOLD SEP 30, 2025

122 Lancaster Rd Oak Ridge, TN 37830

-- Bed
-- Bath
1,344 Sq Ft
0.57 Acres

Recently Sold

$93 Per Sq Ft

4% Below List Price

6 Days on Market

Highlights

  • 0.57 Acre Lot
  • Wood Flooring
  • Window Unit Cooling System
  • Willow Brook Elementary Rated A-
  • Attached Garage
  • Space Heater

About This Home

As of September 2025

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

Last Agent to Sell the Property

Brian Howard

Realty Executives Associates License #301329 Listed on: 09/18/2025

Realty Executives Associates

Last Buyer's Agent

Andreea Toader

Realty Executives Associates License #372020

Realty Executives Associates

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,056

Year Built

  • Built in 1943

Lot Details

  • 0.57 Acre Lot
  • Lot Dimensions are 141 x 240

Home Design

  • 1,344 Sq Ft Home
  • Duplex
  • Frame Construction
  • Asphalt Roof
  • Vinyl Siding

Flooring

  • Wood
  • Carpet

Laundry

  • Dryer
  • Washer

Parking

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

Utilities

  • Window Unit Cooling System
  • Space Heater

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

Lot Details

0

Listing Details

  • Directions: From Oak ridge turnpike turn right onto Louisiana Ave. Right onto Lancaster Rd. Home on left.
  • Prop. Type: Residential Income
  • Year Built: 1943
  • Lot Size Acres: 0.57
  • Lot Size: 141 x 240
  • Contract Info:List PriceSqFt2: 96.72
  • General Property Description:Driveway: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Washer, Dryer
  • Flooring: Carpet, Hardwood
  • Window Features: Wood Frames

Exterior Features

  • Construction Type: Frame, Vinyl Siding
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: Yes
  • Parking Features: Carport, Attached, Off Street

Utilities

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

Lot Info

  • Lot Size Sq Ft: 24829.0
  • Parcel #: 099pe047.00

Rental Info

  • Tenant Pays: Other

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1056.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 7, 2025
Sold by
Mcree Samuel L
Bought by
Fm Llc
Current Estimated Value
$127,369

Purchase Details

Closed on
Apr 26, 1989
Bought by
Starnes Carl M
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $120,000 Legacy Title
Warranty Deed $38,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/30/2025 09/30/25 Sold $125,000 -3.8% $93 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
09/18/2025 09/18/25 For Sale $130,000 -- $97 / Sq Ft
Source: East Tennessee REALTORS® MLS

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
2025 $376 $47,900 $15,950 $31,950
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

Agents Affiliated with this Home

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Map

Source: East Tennessee REALTORS® MLS

MLS Number: 1315854

East Tennessee REALTORS® MLS

APN: 099P-E-047.00