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13 photos

$950,000

197 - 207 Gum Hollow Rd 197 - 207, Oak Ridge, TN 37830
Oak Ridge, TN 37830
Listed by Heidi Adams · NAI Koella l RM Moore
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
1979

About this home

6 units in booming Oak Ridge! This investor renovation opportunity is located in close proximity to the Oak Ridge Country Club in an established area of town. Five of the six total units are occupied at below market rent on short term leases providing an excellent opportunity to update the units as they are vacated and lease at market rents ($1,300 1 bed, $1,600 2 bed). One of the 6 units (2 bed 1.5 bath) has been fully renovated and is leased for $1,300 per month. Total annual proforma rents - $98,400.00.

Property details

MLS #
1343898
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
83
On market date
June 8, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Linden Elementary
1.95 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
483
Student:teacher ratio
15.1:1
District
Oak Ridge
Middle
Robertsville Middle School
3.63 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
672
Student:teacher ratio
13.2:1
District
Oak Ridge
High
Oak Ridge High School
4.36 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,517
Student:teacher ratio
15.8:1
District
Oak Ridge

Mortgage calculator

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Est. monthly payment
$5,871/mo
$190,000 down
$760,000 loan
Principal & interest$4,929
Property tax (est.)$792
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 7 hr ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.