138 Latimer Rd Oak Ridge, TN 37830
Oak Ridge AreaEstimated payment $2,708/month
Highlights
- 0.66 Acre Lot
- Wood Flooring
- Central Heating and Cooling System
- Willow Brook Elementary Rated A-
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,702
Year Built
- Built in 1942
Parking
- On-Site Parking
Home Design
- 2,825 Sq Ft Home
- Quadruplex
- Frame Construction
- Asphalt Roof
- Vinyl Siding
Flooring
- Wood
- Laminate
Utilities
- Central Heating and Cooling System
- Heating System Uses Natural Gas
Additional Features
- Range
- 28,749 Sq Ft Lot
Community Details
- 4 Units
Listing and Financial Details
- The owner pays for lawn maintenance, insurance, taxes, advertising, exterior maintenance, HVAC maintenance, roof maintenance
- Assessor Parcel Number 099P D 034.00
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $1,608 | $168,840 | $26,400 | $142,440 |
| 2024 | $1,608 | $65,480 | $13,200 | $52,280 |
| 2023 | $1,608 | $65,480 | $0 | $0 |
| 2022 | $2,929 | $61,400 | $13,200 | $48,200 |
| 2021 | $2,929 | $61,400 | $13,200 | $48,200 |
| 2020 | $1,508 | $61,400 | $13,200 | $48,200 |
| 2019 | $2,689 | $51,160 | $12,800 | $38,360 |
| 2018 | $2,626 | $51,160 | $12,800 | $38,360 |
| 2017 | $2,616 | $51,160 | $12,800 | $38,360 |
| 2016 | $2,616 | $51,160 | $12,800 | $38,360 |
| 2015 | -- | $51,160 | $0 | $0 |
| 2014 | -- | $51,160 | $0 | $0 |
| 2013 | -- | $54,080 | $0 | $0 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/22/2026 07/22/26 | For Sale | $425,000 | +11.4% | $150 / Sq Ft | |
| 07/12/2022 07/12/22 | Sold | $381,500 | -4.6% | $135 / Sq Ft | View Prior Sale |
| 06/17/2022 06/17/22 | Pending | -- | -- | -- | |
| 06/10/2022 06/10/22 | For Sale | $400,000 | -- | $142 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $381,500 | Joyce Meredith Flitcroft & Nor |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $341,500 | Seller Take Back |
Source: East Tennessee REALTORS® MLS
MLS Number: 1349029
APN: 099P-D-034.00
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Listing Information presented by local MLS brokerage: Ten-X, LLC dba Homes.com, local broker - Arlene Richardson - 888-952-6393.
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Ask me questions while you tour the home.