$339,900
$15K PRICE DROP

313 W Spring St Oliver Springs, TN 37840

Estimated payment $1,942/month

Total Views 7,034
-- Bed
-- Bath
2,044 Sq Ft
$166 Price per Sq Ft

Highlights

  • Covered Patio or Porch
  • Family Room
  • Heat Pump System
  • Central Air

About This Home

SELLER OFFERING UP TO $6,000.00 IN CLOSING COSTS!

This updated duplex offers two 2-bedroom, 1-bath units totaling approximately 2,044 sq ft, situated on a generous 100m x 275m lot. Both units are vacant and ready for occupancy. Recent improvements include new siding, new roof, updated flooring, and some updated electrical systems. Unit A features two bedrooms located upstairs and exterior laundry hookups. Unit B offers both bedrooms on the main level with interior laundry. The property includes a parking area with 4-5 spaces and is located in downtown Oliver Springs with sidewalk access to nearby businesses and services. This is a strong opportunity for investors or buyers looking for a multifamily property with rental potential. Buyer to verify all information.

Listing Agent

Matt Beech

Wallace License #372146 Listed on: 05/16/2025

Wallace

Co-Listing Agent

Stephen Beech

Wallace License #372365

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,079

Year Built

  • Built in 1900

Lot Details

  • 6.15 Acre Lot
  • Lot Dimensions are 101 x 277 x 93 x 276

Parking

  • On-Site Parking

Home Design

  • Duplex
  • Converted Dwelling
  • Frame Construction
  • Shingle Roof
  • Vinyl Siding

Interior Spaces

  • 2,044 Sq Ft Home
  • Family Room
  • Laminate Flooring
  • Fire and Smoke Detector
  • Range
  • Washer and Dryer Hookup

Outdoor Features

  • Covered Patio or Porch

Schools

  • Dyllis Elementary School
  • Oliver Springs Middle School
  • Oliver Springs High School

Utilities

  • Central Air
  • Heat Pump System
  • Internet Available

Community Details

  • 2 Units
  • Scotts Addn To Oliver Springs Subdivision

Listing and Financial Details

  • Assessor Parcel Number 001E F 008.00

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,079

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Directions: From Oak Ridge head northwest on TN-62 W (Illinois Avenue) toward Oliver Springs. Continue on TN-62 W for approximately 7 miles. Turn left onto TN-61 S/TN-62 W (Tri County Blvd) and continue for about 1.5 miles. Turn right onto W Spring Street. Proceed to 313 W Spring Street, which will be on your right. Parking lot is located on property on the east side of the house and not on Spring Street.
  • Prop. Type: Multi-Family
  • Year Built: 1900
  • Lot Size Acres: 6.15
  • Lot Size: 101 x 277 x 93 x 276
  • Co List Office Mls Id: 212
  • Co List Office Phone: 865-693-1111
  • Subdivision Name: Scotts Addn to Oliver Springs
  • General Property Description:Lot Size SqFt: 268000.0
  • Siding:Vinyl2: Yes
  • Cooling:Central Cooling: Yes
  • Fuel:Electric: Yes
  • Appliances Refrigerators: Yes
  • Misc Features:WasherDryer Connect: Yes
  • Floors:Laminate: Yes
  • Heat:Heat Pump3: Yes
  • General Property Description:Driveway: Parking lot
  • Property Sub-Type:House Converted: Yes
  • Roof:Shingle: Yes
  • Miscellaneous:WasherDryer Cnctns: Yes
  • Misc Features:Internet Available2: Yes
  • Property Sub-Type:Duplex: Yes
  • Miscellaneous:Patio2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Range, Refrigerator
  • Flooring: Laminate
  • Appliances Range: Yes
  • Appliances:Smoke Detector: Yes
  • Other Rooms:Family Room: Yes

Exterior Features

  • Construction Type: Vinyl Siding, Frame
  • Patio And Porch Features: Porch - Covered
  • Roof: Shingle
  • Construction:Frame: Yes
  • Exterior Features:Porch - Covered: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Cooling
  • Security: Smoke Detector
  • Cooling Y N: Yes
  • Heating: Heat Pump, Electric
  • Heating Yn: Yes

Schools

  • Elementary School: Dyllis
  • High School: Oliver Springs
  • Middle Or Junior School: Oliver Springs

Lot Info

  • Lot Size Sq Ft: 268000.0
  • Parcel #: 001E F 008.00

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 1079.08

Map

Range of Values:

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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 -- $29,475 $10,000 $19,475
2023 $1,084 $29,475 $10,000 $19,475
2022 $1,025 $29,475 $10,000 $19,475
2021 $1,045 $29,475 $10,000 $19,475
2020 $1,045 $29,475 $10,000 $19,475
2019 $981 $24,950 $4,000 $20,950
2018 $956 $24,950 $4,000 $20,950
2017 $956 $24,950 $4,000 $20,950
2016 $956 $24,950 $4,000 $20,950
2015 $628 $24,950 $4,000 $20,950
2013 -- $24,000 $4,475 $19,525
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2025 07/03/25 Price Changed $339,900 -4.3% $166 / Sq Ft
05/16/2025 05/16/25 For Sale $355,000 +163.0% $174 / Sq Ft
12/30/2024 12/30/24 Sold $135,000 -22.9% $66 / Sq Ft
12/09/2024 12/09/24 Pending -- -- --
10/28/2024 10/28/24 For Sale $175,000 0.0% $86 / Sq Ft
10/17/2024 10/17/24 Pending -- -- --
09/10/2024 09/10/24 Price Changed $175,000 -12.5% $86 / Sq Ft
08/02/2024 08/02/24 For Sale $200,000 -- $98 / Sq Ft
Source: East Tennessee REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $135,000 Admiral Title
Warranty Deed $38,000 None Listed On Document
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $101,250 New Conventional
Source: Public Records

Source: East Tennessee REALTORS® MLS

MLS Number: 1301361

East Tennessee REALTORS® MLS

APN: 001E-F-008.00