369 Robertsville Rd, Oak Ridge, TN 37830
Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
369 Robertsville Rd,Oak Ridge, TN 37830
$317,000
- - Beds
- - Baths
- 1,425 sq. ft.
- Multi-family
- Pending
Listed by:jeanne gorman
Office:gorman realty
MLS#:1302770
Source:TN_KAAR
Price summary
- Price:$317,000
- Price per sq. ft.:$222.46
About this home
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!
Contact an agent
Home facts
- Year built:1942
- Listing Id #:1302770
- Added:77 day(s) ago
- Updated:July 29, 2025 at 01:22 PM
Rooms and interior
- Living area:1,425 sq. ft.
Heating and cooling
- Cooling:Central Cooling
- Heating:Central, Electric
Structure and exterior
- Year built:1942
- Building area:1,425 sq. ft.
- Lot area:0.29 Acres
Schools
- High school:Oak Ridge
- Middle school:Robertsville
- Elementary school:Willow Brook
Finances and disclosures
- Price:$317,000
- Price per sq. ft.:$222.46
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