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.
Active
Price cut: $48K (8/23)
$950,000
197-207 Gum Hollow Rd #197-207, Oak Ridge, TN 37830
10beds
6baths
--sqft
Multi Family
Built in 1979
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 98 days
- 333
- 21
Zillow last checked:
Listing updated:
Listed by:
Heidi Adams,
NAI Koella l RM Moore 865-531-6400
Source: East Tennessee Realtors,MLS#: 1343898
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 6
Heating
- Central, Electric
Cooling
- Central Air
Features
- Flooring: Laminate, Carpet, Vinyl, Tile
Property
Parking
- Parking features: On Premise Parking
Lot
- Size: 2.48 Acres
- Dimensions: 443 x 244
Details
- Parcel number: 015K B 008.00
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Frame
Condition
- Year built: 1979
Community & HOA
Location
- Region: Oak Ridge
Financial & listing details
- Date on market: 6/8/2026
- Listing terms: New Loan,Cash
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/23/2026 | Price change | $950,000-4.8% |
Source: | ||
| 6/27/2026 | Price change | $998,000-9.3% |
Source: | ||
| 6/8/2026 | Listed for sale | $1,100,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment






