$425,000

Estimated payment $2,708/month

Total Views 174
-- Bed
-- Bath
2,825 Sq Ft
$150 Price per Sq Ft

Highlights

  • 0.66 Acre Lot
  • Wood Flooring
  • Central Heating and Cooling System

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.

Listing Agent

Jonathan Figueroa

eXp Realty, LLC License #343701 Listed on: 07/22/2026

eXp Realty, LLC

Co-Listing Agent

Britany Boatwright

eXp Realty, LLC License #341356

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,702

Year Built

Built in 1942

Lot Details

0.66 Acres

Listing Details

  • 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.
  • Prop. Type: Residential Income
  • Year Built: 1942
  • Lot Size Acres: 0.66
  • Lot Size: 0x0x0
  • Co List Office Phone: 888-519-5113
  • Contract Info:List PriceSqFt2: 150.44
  • General Property Description:Driveway: N/A
  • Construction:Construction: Frame
  • Fuel:Fuel: Electric, Gas (Natural)
  • Other Rooms:Other Rooms: Mstr Bdrm Main Level
  • Property Sub-Type:Property Sub-Type: Apartment, Four Plex
  • Type of Units: 2 Bedroom Unit, Unfurnished
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Range
  • Owner Pays: Lawn Maintenance, Insurance, Taxes, Advertising, Exterior Maintenance, HVAC Maintenance, Roof Maintenance
  • Flooring: Hardwood, Laminate

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Parking Features: On Premise Parking
  • GarageParking:GarageParking: On Premise Parking

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric, Natural Gas
  • Heating Yn: Yes

Lot Info

  • Lot Size Sq Ft: 28749.0
  • Parcel #: 099P D 034.00

Rental Info

  • Tenant Pays: Tenant Pays All Util

Multi Family

  • Number Of Units Total: 4

Tax Info

  • Tax Annual Amount: 4702.13

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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
Source: East Tennessee REALTORS® MLS

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
Source: Public Records

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: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1349029

East Tennessee REALTORS® MLS

APN: 099P-D-034.00

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