197 - 207 Gum Hollow Rd 197 - 207
Oak Ridge, TN 37830 · Roane County
$899,000
$51,000 price cut · Sep 16
- Built
- 1979
Listing courtesy of NAI Koella l RM Moore · MLS #1343898
Description
6 units in booming Oak Ridge! This investor renovation opportunity is located in close proximity to the Oak Ridge Country Club in an established area of town. Five of the six total units are occupied at below market rent on short term leases providing an excellent opportunity to update the units as they are vacated and lease at market rents ($1,300 1 bed, $1,600 2 bed).
One of the 6 units (2 bed 1.5 bath) has been fully renovated and is leased for $1,300 per month.
Total annual proforma rents - $98,400.00.
Details
Home
- Type
- Residential Income
- Year built
- 1979
- Parking
- On Premise Parking
Interior
- Flooring
- Carpet, Laminate, Tile, Vinyl, Luxury Vinyl Plank
Exterior
- Construction
- Frame
Utilities
- Heating
- Central, Electric
Listing
- MLS #
- 1343898
- Status
- Active
- On market
- 142 days
- Listed
- Jun 8, 2026
Finances
- Property tax
- City + county
- Inside city limits
- HOA
- None
- No association dues
Price history
- Sep 16, 2026
- Price cut
- $899,000 −$51,000
- Before
- Listed
- $950,000
Accepted
- Cash
- New Loan
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Location
- County
- Roane
- ZIP
- 37830
Drive times
- Pellissippi State 25 min
- ORNL 30 min
- downtown Knoxville 45 min
- Lenoir City 45 min
- McGhee Tyson Airport 45 min
- Turkey Creek 45 min
- UT Medical Center 45 min
- Crossville 60 min
- Maryville 60 min
- Tellico Lake 60 min
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Listing courtesy of NAI Koella l RM Moore. Listings courtesy of East Tennessee Realtors. Presented by Realty Executives Associates, (865) 983-0011. MLS # 1343898.
