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
0.66 acresLot Size
$151Price/Sq.Ft.
Listed by Jonathan Figueroa• eXp Realty, LLC
•888-519-5113 (broker)
•tn.broker@exprealty.net (broker)
Listed by Britany Boatwright• eXp Realty, LLC
•888-519-5113 (broker)
•tn.broker@exprealty.net (broker)
Bought with Non Member Non Member• Non-Member Office
All units 2 bd/ 1 bath. Same floor plan. Each unit has: stove, refrigerator, washer/ dryer connections, parking pad, separate water meter; monthly pest service; owner mows lawn; tenant pays all utilities.
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.
Unparsed Address: 138-144 Latimer Rd, Oak Ridge, TN 37830
Public facts
Beds: —
Baths: 4.0
Sq. Ft.: 2,825
Stories: 1.0
Lot Size: 0.66 acres
Style: Multi-Family (2-4 Unit)
Year Built: 1942
Year Renovated: 2010
County: Anderson County
APN: 099P D 03400 000
Home facts updated by county records on Aug 20, 2026
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
90
72
85
67
83
61
74
50
63
43
52
34
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
91/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 27% for direct sun exposure in Oak Ridge. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.6 hrs
6.1 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$448,000 – $542,000
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