369 Robertsville Rd Active Save Request In-Person Tour Request Virtual Tour
Oak Ridge,TN 37830
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,425 sqft
Price per Sqft $222
MLS Listing ID 1302770
Year Built 1942
Lot Size 0.290 Acres
Acres 0.29
Lot Dimensions 91x148x154x80
Source East Tennessee REALTORS® MLS
Property Description
Welcome to 367 & 369 ROBERTSVILLE ROAD in the HEART OF OAK RIDGE, TN — Professionally renovated, income-producing duplex just minutes from Y-12, Oak Ridge National Laboratory (ORNL), and everything East Tennessee has to offer. This turnkey property presents an exceptional opportunity for investors or owner-occupants looking for strong rental income or flexible living arrangements.
TWO HOMES, ONE PROPERTY
This duplex features two fully separate 2-bedroom, 1-bathroom units:
367 Robertsville: Turnkey, fully furnished with furniture, bedding, appliances, bathroom and kitchen essentials. Successfully rented as a short-term and mid-term rental (Airbnb 'Superhost' and Furnished Finder) averaging $2,200-$2,500/month over the past three years. Proven rental income history with great occupancy.
369 Robertsville: Currently vacant and unfurnished. This unit has long-term rental potential of $1,395/month or more, or could mirror the furnished rental income of the adjacent unit.
Together, these units generate a combined projected income of $3,895/month, supporting an estimated 11.3% cap rate and 22%+ cash-on-cash return at the $317,000 asking price with 20% down, depending on rental strategy and financing terms. Let's make a deal on this excellent investment!
INTERIOR FEATURES:
Both units have been thoughtfully updated and feature:
Open floor plans
Modern kitchens
Solid surface flooring
Updated bathrooms
New interior doors
Washer/dryers in each unit
New hot water heaters
Resurfaced tub and new toilet
EXTERIOR & SYSTEM UPGRADES:
Metal roof
Vinyl siding
6-inch gutters with gutter guards
Updated insulated windows
Updated and repainted decks (2025)
Lifetime warranty on foundation with documentation
Separate HVAC, electrical, and plumbing systems for each unit (separately metered)
OUTDOOR SPACE:
Situated on a level, oversized semi-fenced yard with:
Stone fire pit
Fresh landscaping
Private outdoor areas perfect for guests, tenants, or personal enjoyment
FLEXIBLE USE OPTIONS:
This property is ideal for:
Short-term rentals
Mid-term or long-term rentals
House hacking (live in one unit, rent the other)
Multigenerational living
Potential conversion into a 4-bedroom single-family home
Location Highlights:
Just minutes from Y-12, ORNL, Downtown Oak Ridge, Theater, playhouse, shopping, and dining, hiking, boating, and all that East Tennessee has to offer.
All information is deemed reliable but not guaranteed. Buyer to verify all information including square footage, lot size, zoning, rental history, market rents, and income potential. Previous leases and Airbnb documentation available upon request.
Schedule your showing today and discover this versatile, income-generating gem in the heart of Oak Ridge!
Location
State TN
County Anderson County - 30
Area 12632.0
Rooms
Family Room Yes
Other Rooms Family Room
Interior
Heating Central,Electric
Cooling Central Cooling
Flooring Laminate,Vinyl
Appliance Dishwasher,Microwave,Range,Refrigerator
Heat Source Central,Electric
Exterior
Exterior Feature Windows - Vinyl
Parking Features On-Street Parking
Garage Description On-Street Parking
Roof Type Metal
Garage No
Building
Faces I-140 W toward Oak Ridge. Take TN-162 N/Pellissippi Pkwy N toward Oak Ridge. Merge onto TN-62 W via the exit on the left toward Oak Ridge. Turn left onto Oak Ridge Turnpike/TN-95. Turn right onto Jefferson Ave. Turn sharp left onto Robertsville Rd. 369 ROBERTSVILLE RD is on the left.
Structure Type Vinyl Siding,Frame
Schools
Elementary Schools Willow Brook
Middle Schools Robertsville
High Schools Oak Ridge
Others
Restrictions Yes
Tax ID 099P D 003.00
Energy Description Electric
Acceptable Financing VA Loan,FHA,Cash,Conventional
Listing Terms VA Loan,FHA,Cash,Conventional