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369 Robertsville Rd, Oak Ridge, TN 37830

Sqft
1,425

View property features, location on map, relevant school information and overview from seller's agent.

Listed byGORMAN REALTY
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Overview

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

Full feature list

Basic info

Property type
Multi-family
Square feet
1,425
Lot size (acres)
0.29
Year built
1942

Utilities

Heating
Central, Electric
Cooling
Central air

Public schools

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Disclaimer: Certain information displayed on this listing has been derived from parties other than Final Offer, LLC. Information provided and their sources have been deemed reliable, but accuracy of information is not guaranteed and therefore should be independently verified.

Sourced from: East Tennessee Realtors MLS®#: 1302770 Last checked:

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