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

5beds
2baths
1,425sqft
$305,000
$214price/sqft
$1,990/moest. monthly cost
$79,600/yrincome needed

About This Home

Fantastic investment opportunity in Oak Ridge! This duplex features one spacious 2-bedroom, 1-bath unit, and one 3-bedroom, 1-bath unit, each with new LVP flooring and washer/dryer hookups for added convenience. $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!

Getting Around

21
WalkingCar-Dependent
0
TransitVery Limited Transit
2
BikeSomewhat Bikeable

Schools

6/10
9/10
Oak Ridge High SchoolGrades 9-121.1 mi
9/10

Construction

Condition

  • Year built: 1943

Materials

  • Roof: Other
  • Construction materials: Frame,Vinyl Siding,Other,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Laundry features: Washer Hookup,Electric Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2

Features

  • Flooring: Wood,Vinyl

Heating & Cooling

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

Interior Area

  • Total structure area: 1,425
  • Total interior livable area: 1,425 sqft

Property

Details

  • Parcel number: 099G A 00100 000
  • Attached to another structure: Yes
  • Special condition: Standard

Features

  • Levels: Three Or More

Lot

  • Lot size: 0.59 Acres
  • Lot size dimensions: 25,700sqft

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate
  • Hail
    HailModerate
  • Ice Storm
    Ice StormModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Winter Weather
Earthquake
Hail
Ice Storm
Strong Wind

FEMA Declared Disasters Across Tennessee Counties

Flood
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,542$18,504
Home Insurance $126$1,512
Property Taxes $147$1,764
Electricity $175$2,103
Total$1,990$23,880

Income You'd Need if You Spent...

35% on housing$68,228/yr
40% on housing$59,700/yr
45% on housing$53,066/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.8%
6.8%
0%30.0%
Electricity Growth Rate10-year average: 4.5%
4.5%
0%15.0%
Property Taxes Growth Rate2-year average: -6.2%
-6.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$214This listing

vs Other Active Listings

Avg $/sqft

ZIP 37830$167
Anderson County$157

vs Homes Sold Last Month

Median $/sqft

ZIP 37830$188
Anderson County$188

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-16Price change$305,000
2026-02-10Price change$310,000
2026-01-27Price change$315,000
2026-01-14Price change$320,000
2026-01-07Price change$323,000
2025-10-21Listed for sale$325,000
2025-06-07Listing removed$358,000
2025-01-22Price change$358,000
2024-12-06Listed for sale$360,000

For Sale by Agent

AgentCarl Young
BrokerageYoung Marketing Group, Realty Executives

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