170 Latimer Rd, Unit 170176

Beds
Baths
2,850 Sq. Ft.
$137 / Sq. Ft.
2,850
Sq. Ft.
$137
per Sq. Ft.

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 was purchased in 2006 and has been extensively renovated. Each 2-bedroom, 1 bath unit is self-contained with an energy efficient central heat and air unit and comes with stove, refrigerator, dishwasher, microwave, ceiling fans, washer/dryer hookups, off-street...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 was purchased in 2006 and has been extensively renovated. Each 2-bedroom, 1 bath unit is self-contained with an energy efficient central heat and air unit and comes with stove, refrigerator, dishwasher, microwave, ceiling fans, washer/dryer hookups, off-street parking and a very large back yard. This property also has a 16x24 Storage Building /Workshop with electricity. All major renovations have been completed but 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
  • Dishwasher
  • Microwave
  • Off-Street Parking
  • Parking Included
  • Private Outdoor Space
LISTING CLOSED: 08/15/2022 12:00 AM

Property Details for 170 Latimer Road, Unit 170176

StatusClosed
MLS #1187841
Days on Market78
Taxes$2,721 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family
Year Built1942
Lot Size0.71 AC / 30,927 SF
CountyAnderson County

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 170 Latimer Road, Unit 170176

Stories-Residences4Year Built1942Building Size-Lot Size0.71 AC / 30,927 SF

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Property Information for 170 Latimer Road, Unit 170176

Summary
Location and General Information
  • City: Oak Ridge
  • County Or Parish: Anderson County - 30
  • Directions: Head North on Rt 62 (Illinois Ave.). Turn Left at Light on Robertsville Rd. Turn Left on Jefferson Ave. Turn Right onto N. Jefferson Circle. Turn Right onto Latimer Rd. Property will be on the Right.
  • Latitude: 36.006955
  • Longitude: -84.288452
  • MLS Area Major: Anderson County - 30
  • MLS Area Minor: Anderson County - 30
  • Postal Code: 37830
  • State Or Province: TN
  • Unit Number: 170-176
  • Location Tax Legal Info Unit Number: 170-176
  • Location Tax Legal Info Area: Anderson County - 30
  • Remarks Misc Directions: Head North on Rt 62 (Illinois Ave.). Turn Left at Light on Robertsville Rd. Turn Left on Jefferson Ave. Turn Right onto N. Jefferson Circle. Turn Right onto Latimer Rd. 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
  • Tax Block: 2
  • Parcel Number: 099P D 030.00
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 2720.58
Virtual Tour
  • Virtual Tours Count: 0
Property
Lot Information
  • Building Area Source: Owner
  • Lot Size Area: 30927.0
  • Lot Size Units: Square Feet
  • Lot Size Square Feet: 30927.0
  • Year Built: 1942
  • Building Area Total: 2850.0
  • Living Area Source: Owner
  • Lot Size Acres: 0.71
  • Lot Size Dimensions: 159x198x178x203
  • General Property Description SqFt - Source: Owner
  • General Property Description Lot Dimensions: 159x198x178x203
  • General Property Description Lot Size SqFt: 30927.0
Property and Assessments
  • Possession: At Closing
  • Property Type Label: Multi-Family
  • Floor Plans Count: 0
  • Property Type: Multi-Family
  • Possession At Closing: True
Utilities
  • General Property Description UtilitiesMo Avg: 160.0
  • Fuel Gas (Natural): True
  • Misc Features Internet Available: True
  • Miscellaneous TV Cable 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 Doors - Storm: True
  • Exterior Features Shed: True
  • Exterior Features Windows - Dble Pane: True
  • Exterior Features Windows - Vinyl: True
  • Miscellaneous Porch: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Microwave, Range, Refrigerator
  • Flooring: Laminate, Carpet, Vinyl, Tile
  • Heating: Yes
  • Cooling Ceiling Fan(s): True
  • Cooling Central Cooling: True
  • Floors Carpet: True
  • Floors Laminate: True
  • Floors Tile: True
  • Floors Vinyl: True
  • Heat Central: True
  • Appliances Dishwasher: True
  • Appliances Microwave: 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: $33,360.00
  • Net Operating Income: $26,039.00
  • 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: 33360.0
  • Income Expenses Annual Oper Expenses: 7321.0
Unit 1
  • Unit 1 Unit Number: 170
  • 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: 172
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 730
  • Unit 2 Squarefeet: 712.5
  • Unit 2 Furnished: Unfurnished
  • Unit 2 Lease: Yes
Unit 3
  • Unit 3 Unit Number: 174
  • Unit 3 Beds Total: 2
  • Unit 3 Rent: 650
  • Unit 3 Squarefeet: 712.5
  • Unit 3 Furnished: Unfurnished
  • Unit 3 Lease: Yes
Unit 4
  • Unit 4 Unit Number: 176
  • Unit 4 Beds Total: 2
  • Unit 4 Rent: 750
  • 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: 170: 2013-9/2022; 172: 2021 - 9/2022; 174: 2016 - 9/2022; 176: 2021 - 12/22
  • Tenant Expenses Cooling: Central Cooling,Ceiling Fan(s)
  • Tenant Expenses Gas: True
  • Tenant Expenses Heating: Central,Natural Gas
  • Tenant Expenses Tenant Pays All Utilities: True

Property History for 170 Latimer Road, Unit 170176

DateEvent & SourcePriceAppreciation
Aug 15, 2022

Closed

KAARMLS #1187841

$390,000
Jul 4, 2022

Contract - Not Showing

KAARMLS #1187841

Jun 12, 2022

Price Change

KAARMLS #1187841

$414,900
DateEvent & SourcePrice
08/15/2022

Closed

KAARMLS #1187841

$390,000
07/04/2022

Contract - Not Showing

KAARMLS #1187841

06/12/2022

Price Change

KAARMLS #1187841

$414,900

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

Schools near 170 Latimer Road, Unit 170176

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
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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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 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