$650,000

605 S Lake Dr Oneida, TN 37841

Estimated payment $3,819/month

Total Views 10,120
-- Bed
-- Bath
7,576 Sq Ft
$86 Price per Sq Ft

Highlights

  • Wood Flooring
  • Central Heating and Cooling System
  • 1 Car Garage

About This Home

Now this is something special! Come see what opportunity looks like in Oneida, TN—close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing! Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000! Whatever your heart's desire, this is an amazing opportunity! Priced below tax appraisal! Call Today for your personal showing

Listing Agent

Jim Stoneburner

Honors Real Estate Services LLC Brokerage Phone: 8652962732 License #360179 Listed on: 12/05/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,233

Year Built

  • Built in 1967

Parking

  • 1 Car Garage

Home Design

  • Frame Construction

Interior Spaces

  • 7,576 Sq Ft Home
  • Property has 3 Levels

Flooring

  • Wood
  • Laminate
  • Tile

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • 7 Units
  • Ponderosa Estates Subdivision

Listing and Financial Details

  • Rent includes electricity, trash collection
  • Assessor Parcel Number 061L B 00800 000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,233

Year Built

Built in 1967

Lot Details

0

Parking

1

Listing Details

  • Prop. Type: Residential Income
  • Year Built: 1967
  • Unit Levels: Three Or More
  • New Construction: No
  • Year Built Details: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Wood, Laminate, Tile
  • Building Area Units: Square Feet
  • Living Area: 7576
  • Living Area Units: Square Feet

Exterior Features

  • Construction Type: Frame, Other
  • Pool Private: No
  • Roof: Other
  • View: No
  • Waterfront: No

Garage/Parking

  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Garage Yn: Yes
  • Total Parking Spaces: 1

Utilities

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

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size: IRR
  • Lot Size Units: Acres
  • Parcel #: 061L B 00800 000

Rental Info

  • Owner Pays: Other, Electricity, Trash Collection
  • HOA Rent Includes: Other, Electricity, Trash Collection
  • Tenant Pays: Other

Multi Family

  • Above Grade Finished Area Units: Square Feet
  • Number Of Units Total: 7

Tax Info

  • Tax Annual Amount: 5233

Map

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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
2025 -- $189,550 $24,775 $164,775
2024 -- $189,550 $24,775 $164,775
2023 $5,404 $189,550 $24,775 $164,775
2022 $1,758 $44,350 $16,525 $27,825
2021 $1,692 $44,350 $16,525 $27,825
2020 $1,096 $44,350 $16,525 $27,825
2019 $1,554 $44,475 $16,525 $27,950
2018 $1,554 $44,475 $16,525 $27,950
2017 $1,592 $45,575 $14,675 $30,900
2016 $1,551 $45,575 $14,675 $30,900
2015 $1,497 $45,575 $14,675 $30,900
2014 $1,497 $45,575 $14,675 $30,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/05/2025 12/05/25 For Sale $650,000 -- $86 / Sq Ft
Source: Realtracs

Purchase History

Date Type Sale Price Title Company
Warranty Deed $192,000 --
Deed $125,000 --
Warranty Deed $88,500 --
Warranty Deed $110,000 --
Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $196,750 New Conventional
Source: Public Records

Source: Realtracs

MLS Number: 3058601

Realtracs

APN: 061L-B-008.00