300 Pennsylvania Avenue

Oak Ridge, TN 37830

$950,000
Price
Beds
4,902 Sq. Ft.
$194 / Sq. Ft.
4,902
Sq. Ft.
$194
per Sq. Ft.

Description

Attention investors! Two quadplexes (8 units total) available in this offering. Conveniently located across the street from Methodist Medical Center, these great properties embody Oak Ridge. Fully rented and income producing. Each quadplex offers a pair of one-bedroom units and a pair of 2 bed/1bath units. Extensive maintenance has been done over the past year including the addition of central HVAC to some units and plumbing replacement. Many tenants are long-term. Buyer to verify all information.Attention investors! Two quadplexes (8 units total) available in this offering. Conveniently located across the street from Methodist Medical Center, these great properties embody Oak Ridge. Fully rented and income producing. Each quadplex offers a pair of one-bedroom units and a pair of 2 bed/1bath units. Extensive maintenance has been done over the past year including the addition of central HVAC to some units and plumbing replacement. Many tenants are long-term. Buyer to verify all information.

Property Details for 300 Pennsylvania Avenue

Sub division Name
City Of Oak Ridge

Location

Add your commute
LISTING UPDATED: 04/29/2024 11:07 AM

Property Details for 300 Pennsylvania Avenue

StatusActive
MLS #1249360
Days on Market122
Taxes$5,403 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family
Year Built1943
Lot Size0.00 AC / 0 SF
CountyAnderson County

Location

Add your commute

Building Information for 300 Pennsylvania Avenue

Stories-Residences8Year Built1943Building Size-Lot Size0.00 AC / 0 SF

Payment Calculator

$5,635 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,185

Property Taxes

$450

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 300 Pennsylvania Avenue

Summary
Location and General Information
  • City: Oak Ridge
  • County Or Parish: Anderson County - 30
  • Directions: GPS accurate Pellissippi to Lafayette Dr., Lafayette will turn into New York Ave, property on left at the Pennsylvania/New York intersection.
  • Latitude: 36.023229
  • Longitude: -84.249955
  • 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: GPS accurate Pellissippi to Lafayette Dr., Lafayette will turn into New York Ave, property on left at the Pennsylvania/New York intersection.
Parking
  • Attached Garage: No
  • Parking Features: On Premise Parking, Off-Street Parking
  • General Property Description Driveway: Off Street Parking
  • Garage Parking Off-Street Parking: True
  • Garage Parking On Premise Parking: True
Taxes and HOA Information
  • Association Fee: 0.0
  • Parcel Number: 099D E 040.00
  • Owner Expenses Taxes: True
  • Location Tax Legal Info Total Tax: 5403.01
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: 4902.0
  • Living Area Source: Tax Records
  • Lot Size Acres: 0.0
  • Lot Size Dimensions: .7
  • General Property Description SqFt - Source: Tax Records
  • General Property Description Lot Dimensions: .7
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: 500.0
  • Fuel Electric: True
  • Miscellaneous Utility Room: True
Interior and Exterior Features
Exterior Features
  • Exterior Features: Porch - Covered, Patio
  • Construction Materials: Vinyl, Frame
  • Siding Vinyl: True
  • Exterior Features Patio: True
  • Exterior Features Porch - Covered: True
Interior Features
  • Bathrooms Total Integer: 0
  • Cooling Details: Yes
  • Kitchen Appliances: Dishwasher, Dryer, Washer, Smoke Detector, Refrigerator
  • Flooring: Laminate, Hardwood, Carpet, Vinyl, Tile
  • Heating: Yes
  • Cooling Central Cooling: True
  • Cooling Zoned: True
  • Floors Carpet: True
  • Floors Hardwood: True
  • Floors Laminate: True
  • Floors Tile: True
  • Floors Vinyl: True
  • Heat Central: True
  • Heat - Heat Pump: True
  • Appliances Dishwasher: True
  • Appliances Dryer: True
  • Appliances Range: True
  • Appliances Refrigerator: True
  • Appliances Smoke Detector: True
  • Appliances Washer: True
  • Other Rooms Family Room: True
  • Other Rooms Mstr Bdrm Main Level: True
  • Roof Asphalt: True
Multi Family
Income & Expenses Information
  • Gross Income: $84,960.00
Multi-Family Information
  • Number Of Units Total: 8
  • Type of Units 1 Bedroom Unit: True
  • Type of Units 3 or more Bdrm Units: True
  • Income Expenses Gross Annual Income: 84960.0
Unit 1
  • Unit 1 Unit Number: 300
  • Unit 1 Beds Total: 1
  • Unit 1 Rent: 795
  • Unit 1 Furnished: Unfurnished
  • Unit 1 Lease: Yes
Unit 2
  • Unit 2 Unit Number: 302
  • Unit 2 Beds Total: 2
  • Unit 2 Rent: 995
  • Unit 2 Furnished: Unfurnished
  • Unit 2 Lease: Yes
Unit 3
  • Unit 3 Unit Number: 304
  • Unit 3 Beds Total: 2
  • Unit 3 Rent: 1000
  • Unit 3 Furnished: Unfurnished
  • Unit 3 Lease: Yes
Unit 4
  • Unit 4 Unit Number: 306
  • Unit 4 Beds Total: 1
  • Unit 4 Rent: 795
  • Unit 4 Furnished: Unfurnished
  • Unit 4 Lease: Yes
Unit 5
  • Unit 5 Unit Number: 308
  • Unit 5 Beds Total: 1
  • Unit 5 Rent: 650
  • Unit 5 Furnished: Unfurnished
  • Unit 5 Lease: Yes
Unit 6
  • Unit 6 Unit Number: 310
  • Unit 6 Beds Total: 2
  • Unit 6 Rent: 1025
  • Unit 6 Furnished: Unfurnished
  • Unit 6 Lease: No
Unit 7
  • Unit 7 Unit Number: 312
  • Unit 7 Beds Total: 2
  • Unit 7 Rent: 1025
  • Unit 7 Furnished: Unfurnished
  • Unit 7 Lease: Yes
Unit 8
  • Unit 8 Unit Number: 314
  • Unit 8 Beds Total: 1
  • Unit 8 Rent: 795
  • Unit 8 Furnished: Unfurnished
  • Unit 8 Lease: Yes
Rental
Rent Information
  • Tenant Expenses Cooling: True
  • Tenant Expenses Electricity: True
  • Tenant Expenses Gas: True
  • Tenant Expenses Heating: True
  • Tenant Expenses Telephone: True

Property History for 300 Pennsylvania Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 300 Pennsylvania Avenue

Taxable ValueLand$11,880Additions$44,920Total$56,800
Home Facts
Total Finished SqFt2,451 SqFtAbove Grade Finished SqFt2,451 SqFtStories2Lot Size13,939 SqFtStyleDuplexYear Built1943Year Renovated1981CountyANDERSONAPN001099D E 04000Fireplace TypeHas Fireplace

Schools near 300 Pennsylvania Avenue

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 - PK to 8
Rating
School
Distance
Willow Brook Elementary School
PublicK to 4

Robertsville Middle School
Public5 to 8

Oak Ridge High School
Public9 to 12

St. Marys School
PrivatePK to 8

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.

Similar Homes

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300 Pennsylvania Avenue is a multi-family home for sale in Oak Ridge, TN 37830. This property was listed for sale on January 5, 2024, it's currently listed at $950,000. It has been on the market for a total of 122 days and was last sold on June 16, 2022. This listing's school district is Oak Ridge School District. Nearby schools include Willow Brook Elementary School, Robertsville Middle School and Oak Ridge High School. 300 Pennsylvania Avenue is a 0-bed, 0-bath, 4,902 sqft multi-family home built in 1943.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

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 2024 MTRMLS, Inc. All Rights Reserved. Last updated: 04/29/2024 11:07 AM