11 days on rocket

558/560 W Outer Dr, Oak Ridge, TN, 37830

$360,000

Home List Price

$4,275*

Closing Credit

0 Baths
1,425 SqFt
$253/SqFt
House

Location

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558/560 W Outer Dr, Oak Ridge$360,000

Buyer Closing Credits

$4,275*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingOff-Street Parking
Year Built1943
HeatingCentral, Other, Electric
CoolingCentral Air
MLS #1284361
StatusActive

About 558/560 W Outer Dr

Fantastic investment opportunity in Oak Ridge! This duplex features two spacious 2-bedroom, 1-bath units, each with new luxury vinyl plank (LVP) flooring and washer/dryer hookups for added convenience. Both units currently under lease totaling $2,500 monthly income. The units offer functional layouts with plenty of natural light. The property includes a shared yard space, perfect for outdoor enjoyment or tenant gatherings. Conveniently located near local amenities, schools, and shopping, this property is ideal for investors or owner-occupants seeking rental income. Don't miss this chance to own a versatile duplex in a desirable area!

Property Details

Property Features

Property Information:

  • Year Built: 1943
  • Living Area: 1,425 SqFt

Listing Office:

  • Office Name: Young Marketing Group, Realty Executives
  • Office Phone: (865) 281-1321

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • Flooring Type: Hardwood, Vinyl, Other

Exterior Features

Exterior Information:

  • Exterior: Porch - Covered

Parking Information:

  • Attached Garage: No
  • Parking: Off-Street Parking

Utilities

Utilities Information:

  • Heating: Central, Other, Electric
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Take I-40/I-75 S, TN-162 N and TN-62 W to W Outer Dr in Oak Ridge; Turn left onto Kingston Pike; Turn right onto Bridgewater Rd; Turn left onto the I-40 W/I-75 S ramp; Merge onto I-40/I-75 S; Use the 2nd from the right lane to take exit 376 for TN-162 N toward Oak Ridge; Use the left lane to merge onto Pellissippi Pkwy; Continue onto TN-162 N/Pellissippi Pkwy; Merge onto TN-62; Pass by Waffle House (on the left in 5.4 mi); Turn right onto W Outer Dr; Destination will be on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $360,000
  • Price Per SqFt: $253/SqFt
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Housing Market Comparison

See how this home compares to others in Oak Ridge, TN.

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Oak Ridge, TN

City

Med. Sold Price

$347.2K

Med. Price/SqFt

$188

Avg. Days On Market

41

# of Sold Homes

26

558/560 W Outer Dr vs Oak Ridge

11 DAYS ON ROCKET

-30 Days

$360,000

+$12.7K More

$253/SqFt

+$65 More

KEY TAKEAWAY

This property is $12.7K more than the Median Sold Price and $65/SqFt more than other homes in Oak Ridge, TN.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: East Tennessee REALTORS® MLS
  • MLS Number: #1284361

Listing Office:

  • Office Name: Young Marketing Group, Realty Executives
  • Office Phone: (865) 281-1321

IDX The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some or all of the listings may not belong to the firm whose website is being visited. Real estate listings held by brokerage firms other than this broker are indicated by detailed information about them such as the name of the listing firms.

The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.

Information deemed reliable but not guaranteed. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.

Copyright © 2024 Knoxville Area Association of REALTORS® Multiple Listing Service.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/17/2024, 11:51:06 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

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$1,864

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,146

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4291818
6
/10

  • Dyillis Springs Elementary School

  • 120 Ollis Rd

  • 1.41 miles

  • Public District Grades PK-5

school-card-donut-4291819
8
/10

  • Linden Elementary School

  • 700 Robertsville Rd

  • 2.30 miles

  • Public District Grades KG-4

school-card-donut-4291820
4
/10

  • Norwood Elementary School

  • 809 W Tri County Blvd

  • 3.05 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $114,077. Most Oak Ridge, TN residents have annual incomes between $100k-200k. Typical family type is married, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 558/560 W Outer Dr

What is the listing price of this property?

The listing price of 558/560 W Outer Dr property is $360,000.

What type of property is this?

The property 558/560 W Outer Dr is a house located in Oak Ridge, Tennessee, 37830.

Is this property for sale now?

Active Listing: 558/560 W Outer Dr is For Sale (Active/New) which means the seller is accepting offers.

What is the square footage of this property?

The property 558/560 W Outer Dr is 1,425 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 558/560 W Outer Dr is 1943.

Rocket Homes›Tennessee›Anderson County›Oak Ridge›37830›558/560 W Outer Dr

This home is located at 558/560 W Outer Dr in Oak Ridge, TN and zip code 37830 in the Oak Hills Estates neighborhood. This 1,425 square foot home was built in 1943. It has been listed on Rocket Homes since December 06, 2024 and is currently priced at $360,000.

In November 2024, from all listings sold in Oak Ridge, TN there were more than 8 sold above asking price, over 12 sold below and more than 6 were sold right at the asked price. The number of listings in Oak Ridge, TN decreased by 9.1% between October 2024 and November 2024. Listings spent 41 days on the market in November 2024, and had a median list price of $347,290 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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