116 Viking Rd
—
Beds
—
Baths
2,682 Sq. Ft.
$75 / Sq. Ft.
2,682
Sq. Ft.
$75
per Sq. Ft.
Closed 4/19/24
Closed 4/19/24
Description
Incredible INVESTMENT OPPORTUNITY in Oak Ridge - 12 Unit Apartment Complex! Motivated seller Welcome to this prime investment opportunity in the heart of Oak Ridge, Tennessee! This 12-unit apartment complex presents a unique blend of modern luxury and promising potential. Property Features:
4 Fully Renovated Units: Everything is NEW top to bottom. Unit upgrades include HVAC, plumbing, electrical, appliances, washer and dryer in each unit, windows, sheet rock, lighting, flooring, and more. These units...Incredible INVESTMENT OPPORTUNITY in Oak Ridge - 12 Unit Apartment Complex! Motivated seller Welcome to this prime investment opportunity in the heart of Oak Ridge, Tennessee! This 12-unit apartment complex presents a unique blend of modern luxury and promising potential. Property Features:
4 Fully Renovated Units: Everything is NEW top to bottom. Unit upgrades include HVAC, plumbing, electrical, appliances, washer and dryer in each unit, windows, sheet rock, lighting, flooring, and more. These units are metered separately and each unit has been fitted with fire suppression heat detected sprinkler systems, hard wired smoke alarms and fire alarms. These are sure to be maintenance free for many years.
8 Partially Renovated Units with New Framing that is framed in with all rooms including laundry rooms in each unit, windows, Siding, Roofs, water supply lines ready for plumbing, and for fire suppression installation, temporary power pole set up for both buildings : The remaining 8 units boast brand new structural enhancements, ensuring longevity and low maintenance costs. Future tenants will enjoy the benefits of upgraded exteriors and improved energy efficiency. Buildings are situated on over 2 acres of beautiful level land for tenant and owner enjoyment, or potential expansion! Conveniently situated in the heart of Oak Ridge, the complex is within close proximity to schools, parks, shopping centers, and major transportation routes, making it an attractive choice for potential tenants. Thriving Rental Market: Oak Ridge's established rental market which is continuing to grow exponentially makes this property a sound investment choice, providing a steady income stream for the discerning investor. All three buildings are separately parceled. Parcel #s: 108-114 is #099E F 011.00, 116-122 is #099E F 012.00, 124- 130 is #099E F 013.00
The owners are motivated to sell, offering an opportunity for investors who are capable. Act now to secure this valuable asset by contacting me today! Don't let this opportunity pass you by! Buyers responsibility to verify all information is correct. Owner agent.
4 Fully Renovated Units: Everything is NEW top to bottom. Unit upgrades include HVAC, plumbing, electrical, appliances, washer and dryer in each unit, windows, sheet rock, lighting, flooring, and more. These units...Incredible INVESTMENT OPPORTUNITY in Oak Ridge - 12 Unit Apartment Complex! Motivated seller Welcome to this prime investment opportunity in the heart of Oak Ridge, Tennessee! This 12-unit apartment complex presents a unique blend of modern luxury and promising potential. Property Features:
4 Fully Renovated Units: Everything is NEW top to bottom. Unit upgrades include HVAC, plumbing, electrical, appliances, washer and dryer in each unit, windows, sheet rock, lighting, flooring, and more. These units are metered separately and each unit has been fitted with fire suppression heat detected sprinkler systems, hard wired smoke alarms and fire alarms. These are sure to be maintenance free for many years.
8 Partially Renovated Units with New Framing that is framed in with all rooms including laundry rooms in each unit, windows, Siding, Roofs, water supply lines ready for plumbing, and for fire suppression installation, temporary power pole set up for both buildings : The remaining 8 units boast brand new structural enhancements, ensuring longevity and low maintenance costs. Future tenants will enjoy the benefits of upgraded exteriors and improved energy efficiency. Buildings are situated on over 2 acres of beautiful level land for tenant and owner enjoyment, or potential expansion! Conveniently situated in the heart of Oak Ridge, the complex is within close proximity to schools, parks, shopping centers, and major transportation routes, making it an attractive choice for potential tenants. Thriving Rental Market: Oak Ridge's established rental market which is continuing to grow exponentially makes this property a sound investment choice, providing a steady income stream for the discerning investor. All three buildings are separately parceled. Parcel #s: 108-114 is #099E F 011.00, 116-122 is #099E F 012.00, 124- 130 is #099E F 013.00
The owners are motivated to sell, offering an opportunity for investors who are capable. Act now to secure this valuable asset by contacting me today! Don't let this opportunity pass you by! Buyers responsibility to verify all information is correct. Owner agent.
- Listed by Adam Norton • The Real Estate Firm, Inc.
Amenities
- Air Conditioning
- Dryer
- Laundry
- Laundry in Building
- Parking Included
- Private Outdoor Space
- Washer
- Washer / Dryer in Unit
LISTING CLOSED: 04/19/2024 12:00 AM
Property Details for 116 Viking Road
| Status | Closed |
|---|---|
| MLS # | 1252013 |
| Days on Market | 4 |
| Taxes | $1,807 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family |
| Year Built | 1943 |
| Lot Size | 0.00 AC / 0 SF |
| County | Anderson County |
Location
Listing Courtesy of The Real Estate Firm, Inc., Adam Norton
Sold By The House Store, Cheryl A Richey (865.712.0919)
Add your commute
Building Information for 116 Viking Road
Stories-Residences4Year Built1943Building Size-Lot Size0.00 AC / 0 SF
Payment Calculator
$1,147 per month
30 year fixed, 6.36% Interest
Principal and Interest
$997
Property Taxes
$151
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 116 Viking Road
Summary
Location and General Information
- City: Oak Ridge
- County Or Parish: Anderson County - 30
- Directions: From turnpike head north on Viking. Just beyond Vienna rd they are the 2nd, 3rd, and 4th buildings on the left.
- Latitude: 36.017048
- Longitude: -84.255881
- MLS Area Major: Anderson County - 30
- MLS Area Minor: Anderson County - 30
- Postal Code: 37830
- State Or Province: TN
- Location Tax Legal Info Area: Anderson County - 30
- Remarks Misc Directions: From turnpike head north on Viking. Just beyond Vienna rd they are the 2nd, 3rd, and 4th buildings on the left.
Parking
- Attached Garage: No
- Parking Features: On-Street Parking, Off-Street Parking
- General Property Description Driveway: no
- Garage Parking Off-Street Parking: True
- Garage Parking On-Street Parking: True
Taxes and HOA Information
- Association Fee: 0.0
- Parcel Number: 099E F 012.00
- Owner Expenses Taxes: True
- Location Tax Legal Info Total Tax: 1806.72
Virtual Tour
- Virtual Tours Count: 0
Property
Lot Information
- Lot Size Area: 0.0
- Lot Size Square Feet: 0.0
- Year Built: 1943
- Building Area Total: 2682.0
- Living Area Source: Tax Records
- Lot Size Acres: 0.0
- Lot Size Dimensions: 118x248x150x302
- General Property Description SqFt - Source: Tax Records
- General Property Description Lot Dimensions: 118x248x150x302
- General Property Description New Construction: Under Construction
Property and Assessments
- Possession: At Closing
- Property Type Label: Multi-Family
- Floor Plans Count: 0
- Property Type: Multi-Family
- Possession At Closing: True
Utilities
- General Property Description UtilitiesMo Avg: 0.0
- Fuel Electric: True
- Miscellaneous Utility Room: True
- Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
- Exterior Features: Windows - Vinyl, Porch - Covered, Doors - Energy Star
- Construction Materials: Vinyl, Brick, Block, Frame
- Siding Brick: True
- Siding Vinyl: True
- Exterior Features Doors - Energy Star: True
- Exterior Features Porch - Covered: True
- Exterior Features Windows - Vinyl: True
- Misc Features Pantry: True
Interior Features
- Bathrooms Total Integer: 0
- Cooling Details: Yes
- Kitchen Appliances: Dishwasher, Dryer, Washer, Smoke Detector, Self Cleaning Oven, Refrigerator
- Flooring: Carpet, Vinyl
- Heating: Yes
- Cooling Central Cooling: True
- Floors Carpet: True
- Floors Vinyl: True
- Heat Central: True
- Appliances Dishwasher: True
- Appliances Dryer: True
- Appliances Range: True
- Appliances Refrigerator: True
- Appliances Self Cleaning Oven: True
- Appliances Smoke Detector: True
- Appliances Washer: True
- Roof Asphalt: True
- Roof Shingle: True
- Misc Features WasherDryer Connect: True
Multi Family
Multi-Family Information
- Number Of Units Total: 4
- Type of Units 1 Bedroom Unit: True
- Type of Units 2 Bedroom Unit: True
- Type of Units Townhouse: True
- Type of Units Unfurnished: True
Unit 1
- Unit 1 Unit Number: 116
- Unit 1 Beds Total: 1
- Unit 1 Rent: 1200
- Unit 1 Squarefeet: 500.0
- Unit 1 Furnished: Unfurnished
- Unit 1 Lease: No
Unit 2
- Unit 2 Unit Number: 118
- Unit 2 Beds Total: 2
- Unit 2 Rent: 1550
- Unit 2 Squarefeet: 800.0
- Unit 2 Furnished: Unfurnished
- Unit 2 Lease: No
Unit 3
- Unit 3 Unit Number: 120
- Unit 3 Beds Total: 2
- Unit 3 Rent: 1550
- Unit 3 Squarefeet: 800.0
- Unit 3 Furnished: Unfurnished
- Unit 3 Lease: No
Unit 4
- Unit 4 Unit Number: 122
- Unit 4 Beds Total: 1
- Unit 4 Rent: 1200
- Unit 4 Squarefeet: 500.0
- Unit 4 Furnished: Unfurnished
- Unit 4 Lease: No
Rental
Rent Information
- General Property Description Restrictions: Yes
- Tenant Expenses Cooling: Central Cooling
- Tenant Expenses Heating: Central,Electric
- Tenant Expenses Tenant Pays All Utilities: True
Property History for 116 Viking Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Apr 19, 2024 | Closed KAARMLS #1252013 | $200,000 | — |
| Feb 11, 2024 | Contract - Not Showing KAARMLS #1252013 | — | |
| Feb 7, 2024 | Listed (Active) KAARMLS #1252013 | $1,200,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 04/19/2024 | Closed KAARMLS #1252013 | $200,000 |
| 02/11/2024 | Contract - Not Showing KAARMLS #1252013 | — |
| 02/07/2024 | Listed (Active) KAARMLS #1252013 | $1,200,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 116 Viking Road
Taxable ValueLand$33,280Additions$141,960Total$175,240
Home Facts
Total Finished SqFt2,682 SqFtAbove Grade Finished SqFt2,682 SqFtStories2Lot Size36,590 SqFtStyleDuplexYear Built1943Year Renovated2010CountyANDERSONAPN099E F 01200
Schools near 116 Viking Road
This home is within Oak Ridge School District.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | K to 12 |
Rating | School | Distance |
|---|---|---|
Willow Brook Elementary School PublicK to 4 | ||
Robertsville Middle School Public5 to 8 | ||
Oak Ridge High School Public9 to 12 | ||
Christianacademy Of Oak Ridge PrivateK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of The Real Estate Firm, Inc., Adam Norton
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 04/19/2024 06:10 PM