605 S Lake Dr Oneida, TN 37841
Estimated payment $3,883/month
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
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $192,000 | -- | |
| Deed | $125,000 | -- | |
| Warranty Deed | $88,500 | -- | |
| Warranty Deed | $110,000 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,750 | New Conventional |
Source: Realtracs
MLS Number: 3058601
APN: 061L-B-008.00
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All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Realtracs as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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Ask me questions while you tour the home.