162 Latimer Rd

Oak Ridge, TN 37830

$390,009
Last Sold Price
—
Beds
—
Baths
2,850 Sq. Ft.
$137 / Sq. Ft.
2,850
Sq. Ft.
$137
per Sq. Ft.
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Closed 8/15/22
Closed 8/15/22
162 front
162-8
PXL_20220402_171007763
PXL_20220402_171025725
PXL_20220402_171503046
PXL_20220402_171617396
PXL_20220402_171401391
PXL_20220402_171944048
PXL_20220402_172002089
162-7
162-6
PXL_20220402_170534768
162-5
162
162-1
162-3
162-4
162 back

Description

Property being sold as-is/where-is. This investment property is one of two being listed that has no problem paying for itself and has a long rental history to prove it. The rental market in Oak Ridge is stronger than it has ever been. This 4-plex has been in the same family for almost 60 years and now it is time for the owners to ride off into the sunset in their RV. Each 2-bedroom, 1 bath unit is self contained with energy efficient central heat and air unit and it comes with stove, refrigerator,...Property being sold as-is/where-is. This investment property is one of two being listed that has no problem paying for itself and has a long rental history to prove it. The rental market in Oak Ridge is stronger than it has ever been. This 4-plex has been in the same family for almost 60 years and now it is time for the owners to ride off into the sunset in their RV. Each 2-bedroom, 1 bath unit is self contained with energy efficient central heat and air unit and it comes with stove, refrigerator, ceiling fans, washer/dryer hookups, has off-street parking and a very large back yard. There is still room for improvements to maximize your return on investment.
  1. Listed by Emilee Smith • Betsy Coleman Realty Co.

Amenities

  • Air Conditioning
  • Back Yard
  • Ceiling Fan
  • Off-Street Parking
  • Parking Included
  • Refrigerator
  • Stove
  • Washer / Dryer in Unit
LISTING CLOSED: 08/15/2022 12:00 AM

Property Details for 162 Latimer Road

StatusClosed
MLS #1187839
Days on Market78
Taxes$2,751 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1942
Lot Size0.67 AC / 29,185 SF
CountyAnderson County
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Location

Listing Courtesy of Betsy Coleman Realty Co., Emilee Smith

Sold By Realty Executives Associates, Lisa Axley (865.983.0011)

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Building Information for 162 Latimer Road

Stories-Residences4Year Built1942Building Size-Lot Size0.67 AC / 29,185 SF

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$2,173 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,943

Property Taxes

$229

HOA Dues

$0

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Property Information for 162 Latimer Road

Summary
Location and General Information
  • City: Oak Ridge
  • County Or Parish: Anderson County - 30
  • Directions: Head North on Rt 62. Turn Left at Light on Robertsville Road. Turn Left on Jefferson Avenue. Turn Right onto N. Jefferson Circle. Turn Left on Latimer Road. Property will be on the Right.
  • Latitude: 36.007286
  • Longitude: -84.288038
  • 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: Head North on Rt 62. Turn Left at Light on Robertsville Road. Turn Left on Jefferson Avenue. Turn Right onto N. Jefferson Circle. Turn Left on Latimer Road. Property will be on the Right.
Parking
  • Attached Garage: No
  • Parking Features: Off-Street Parking, On Premise Parking
  • General Property Description Driveway: Off-Street
  • Garage Parking Off-Street Parking: True
  • Garage Parking On Premise Parking: True
School Information
  • Elementary School: Willow Brook
  • High School: Oak Ridge
  • Middle Or Junior School: Robertsville
  • Location Tax Legal Info Elementary School: Willow Brook
  • Location Tax Legal Info Middle School: Robertsville
  • Location Tax Legal Info High School: Oak Ridge
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 099P D 031.00
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 2751.11
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Building Area Source: Appraiser
  • Lot Size Area: 29185.0
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 29185.0
  • Year Built: 1942
  • Building Area Total: 2850.0
  • Living Area Source: Appraiser
  • Lot Size Acres: 0.67
  • Lot Size Dimensions: 150x197x151x198
  • General Property Description SqFt - Source: Appraiser
  • General Property Description Lot Dimensions: 150x197x151x198
  • General Property Description Lot Size SqFt: 29185.0
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • Utilities: Cable Available (TV Only)
  • General Property Description UtilitiesMo Avg: 160.0
  • Fuel Oil: True
  • Misc Features Internet Available: True
  • Miscellaneous WasherDryer Cnctns: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Windows - Vinyl
  • Other Structures: Shed
  • Construction Materials: Vinyl, Frame
  • Siding Vinyl: True
  • Exterior Features Cable Available (TV Only): True
  • Exterior Features Shed: True
  • Exterior Features Windows - Dble Pane: True
  • Exterior Features Windows - Vinyl: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Range, Refrigerator
  • Flooring: Laminate, Carpet, Vinyl, Tile
  • Heating: Yes
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Laminate: True
  • Floors Tile: True
  • Floors Vinyl: True
  • Heat Central: True
  • Heat - Heat Pump: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Roof Composition: True
  • Roof Shingle: True
Multi Family
Income & Expenses Information
  • Gross Income: $32,460.00
  • Net Operating Income: $25,139.00
  • OperatingExpense: $7,321.00
Multi-Family Information
  • Number Of Units Total: 4
  • Type of Units 2 Bedroom Unit: True
  • Type of Units Unfurnished: True
  • Income Expenses Gross Annual Income: 32460.0
  • Income Expenses Annual Oper Expenses: 7321.0
Unit 1
  • Unit 1 Unit Number: 162
  • Unit 1 Beds Total: 2
  • Unit 1 Rent: 650
  • Unit 1 Squarefeet: 712.5
  • Unit 1 Furnished: Unfurnished
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: 164
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 750
  • Unit 2 Squarefeet: 712.5
  • Unit 2 Furnished: Unfurnished
  • Unit 2 Lease: Yes
Unit 3
  • Unit 3 Unit Number: 166
  • Unit 3 Beds Total: 2
  • Unit 3 Rent: 630
  • Unit 3 Squarefeet: 712.5
  • Unit 3 Furnished: Unfurnished
  • Unit 3 Lease: Yes
Unit 4
  • Unit 4 Unit Number: 168
  • Unit 4 Beds Total: 2
  • Unit 4 Rent: 675
  • Unit 4 Squarefeet: 712.5
  • Unit 4 Furnished: Unfurnished
  • Unit 4 Lease: Yes
Rental
Rent Information
  • General Property Description Number of Units Leased: 4.0
  • General Property Description Lease Information: 162: 2014-9/22; 164: 2/2022-2/2023; 166: 11/2015-9/2022; 168: 9/2019-9/2022
  • Tenant Expenses Cooling: Central Cooling
  • Tenant Expenses Heating: Heat Pump,Central,Oil
  • Tenant Expenses Tenant Pays All Utilities: True

Property History for 162 Latimer Road

DateEvent & SourcePriceAppreciation
Aug 15, 2022

Closed

KAARMLS #1187839

$390,009—
Jul 4, 2022

Contract - Not Showing

KAARMLS #1187839

—
Jun 12, 2022

Price Change

KAARMLS #1187839

$404,900—
DateEvent & SourcePrice
08/15/2022

Closed

KAARMLS #1187839

$390,009
07/04/2022

Contract - Not Showing

KAARMLS #1187839

—
06/12/2022

Price Change

KAARMLS #1187839

$404,900

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 162 Latimer Road

Taxable ValueLand$26,360Additions$141,880Total$168,240
Home Facts
Total Finished SqFt2,825 SqFtAbove Grade Finished SqFt2,825 SqFtStories1Lot Size29,185 SqFtStyleDuplexYear Built1942Year Renovated2010CountyANDERSONAPN099P D 03100

Schools near 162 Latimer Road

This home is within Oak Ridge School District.
Rating
School
Type
Grades
Distance
Willow Brook Elementary School
Public - K to 4
Robertsville Middle School
Public - 5 to 8
Oak Ridge High School
Public - 9 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

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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Listing Courtesy of Betsy Coleman Realty Co., Emilee Smith

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: 08/06/2025 10:32 AM