Excellent investment opportunity in the heart of Oak Ridge! This four-unit apartment building features four 2-bedroom, 1-bath units totaling approximately 2,825 square feet. Built in 1942, each unit offers an efficient layout of approximately 704-706 square feet. Property sits on a spacious lot of nearly 0.66 acres (28,749 SF) with on-site parking for tenants. Units feature laminate flooring, central heat and air, vinyl siding, asphalt shingle roof, and include range and refrigerator. Conveniently located near shopping, dining, schools, and Oak Ridge employers, this property offers excellent long-term rental potential for investors looking to expand their portfolio. Tenant pays all utilities.
Multi-familyProperty Type
1942Year Built
$151Price/Sq.Ft.
Listed by Jonathan Figueroa• eXp Realty
Listed by Britany Boatwright• eXp Realty
Bought with Non Member Non Member• Non-Member Office
As the MLS and public records start to fill up, we'll list the details here.
Public record
Beds
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Baths
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Stories
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Lot width
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Lot depth
—
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
Anderson County
APN
099P D 03400 000
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on Sep 3, 2026.
Property details
Parking
Parking Information
Parking Total: 0
Interior
Heating & Cooling
Has Heating
Heating Information: Central, Electric, Natural Gas
Has Cooling
Cooling Information: Central Air
Interior Features
Flooring: Wood, Laminate
Multi-Family Financial Information
Owner Pays: Other
Multi-Unit Information
# of Units (Total): 4
Unit Type 1 Information
Unit Type: 2 Bedroom
# of Bathrooms: 1
# of Bedrooms: 2
Unit Type 2 Information
Unit Type: 2 Bedroom
# of Bathrooms: 1
# of Bedrooms: 2
Unit Type 3 Information
Unit Type: 2 Bedroom
# of Bathrooms: 1
# of Bedrooms: 2
Unit Type 4 Information
Unit Type: 2 Bedroom
# of Bathrooms: 1
# of Bedrooms: 2
Exterior
Building Information
Construction Materials: Frame, Vinyl Siding
Roof: Asphalt
Property Information
Property Type: Residential Income
Attached Property
Above Grade Finished Area Units: Square Feet
Above Grade Finished Area Source: Assessor
Below Grade Finished Area Units: Square Feet
Below Grade Finished Area Source: Assessor
Lot Information
Lot Size Units: Acres
Lot Size Dimensions: 0x0x0
Financial
Tax Information
Tax Annual Amount: $4,702
Lease / Rent Details
Tenant Pays: Other
Utilities
Utility Information
Utilities: Electricity Available, Natural Gas Available
Location
Location Information
Directions: From I-40, take Exit 376A onto Pellissippi Parkway (TN-162 North) toward Oak Ridge. Continue approximately 5 miles, then bear left onto TN-62 West/Oak Ridge Highway toward Oak Ridge. Continue into Oak Ridge, then turn left onto Illinois Avenue (TN-62). Turn right onto Oak Ridge Turnpike (TN-95), then left onto Lafayette Drive. Continue to Latimer Road and turn left. The home at 138 Latimer Road will be on your left.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: Anderson County
APN: 099P D 03400 000
Home facts updated by county records on Sep 3, 2026
Other
Home Information
Living Area: 2825
Living Area Units: Square Feet
Living Area Source: Assessor
Building Area Total: 2825
Building Area Units: Square Feet
Building Area Source: Assessor
Year Built Details: Existing
Structure Type: Quadruplex
Around this home
Schools
Willow Brook Elementary School
Public K-4 • Assigned • 0.4mi
9/10
Robertsville Middle School
Public 5-8 • Assigned • 0.8mi
7/10
Oak Ridge High School
Public 9-12 • Assigned • 1.5mi
9/10
Provided by GreatSchools
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.15% chance of being in a wildfire in next 30 years
6/10 Heat Factor
7 days above 103° expected this year, 20 days in 30 years
2/10 Wind Factor
1% chance of strong winds in next 30 years
4/10 Air Factor
4 unhealthy days expected this year, 4 days in 30 years
Provided by First Street
Historical weather
Oak Ridge, TN • 37830
Average low and high temperatures (°F)
45
26
55
35
69
43
76
53
77
58
86
66
91
73
85
67
83
63
74
50
63
43
52
34
Jan
Feb
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Apr
May
Jun
Jul
Aug
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.
Provided by Shadowmap
Estimated sale price
$398,000 – $482,000
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