605 S Lake Drive A, Oneida, TN 37841
$550,000
Property Type:
Multi-Family
Square Footage:
7,576
Lot Size (sq. ft.):
159,865
Status:
Active
Current Price:
$550,000
List Date:
12/05/2025
Last Modified:
6/26/2026
Listing Details MLS# 1323587
Location Tax Legal Info
- Street #
- 605
- St Direction
- S
- Street Name
- Lake
- St Suffix
- Drive
- State/Province
- TN
- Zip Code
- 37841
- Parcel ID
- 061L B 008.00
- Subdivision
- Ponderosa Estates
Contract Info
- Listing Price
- 550000
- Auction Y/N
- No
General Property Description
- Total SqFt
- 7576
- Lot Dimensions
- IRR
- Lot Size SqFt
- 159865
- Number of Units
- 7
- # Units Leased
- 6
- Year Built
- 1967
- Property Status
- N/A
- Driveway
- Paved
- Utilities/Mo Avg
- 900
Status Change Info
- StatusChangeDate
- 2025-12-05
Location, Tax & Legal Info
- Unit #
- A
- Area
- Scott County - 36
- City/County Code
- City Limits
- Total Tax
- 5233.29
Remarks & Misc
- Directions
- 63 West to Hwy 27 North-Right to Underpass Drive-Right at the three way stop-Go straight into Ponderosa Est.-Turn left at 605 South Lake Drive-the house shares a drive with other house---go to the last house.
- Public Remarks
- Now this is something special! Come see what opportunity looks like in Oneida, TN—close to the golf course and airport. There are endless possibilities here! Imagine your own gigantic family facility, equipped with four efficiency apartments, two one-bedroom apartments, and a three-bedroom, two-bath main house. This could be your income-producing home base! All of this on 3.6 Acres, so there's lots of room for everyone to spread out and enjoy being on the Lake! The list of awesome features here could go on and on, but don't wait - call today for your personal showing! Attention INVESTORS! This could be a cash cow! With six rental units already in place, converting the main house into additional units would be easy, and overnight rentals would pose no problem. opportunity to be creative! Gross income projections as long-term rental $65,000-$84,000 per year, as STR $75,000-$100,000! Whatever your heart's desire, this is an amazing opportunity! Priced below tax appraisal! Call Today for your personal showing
More Information
Property Sub-Type
- House Converted
- Yes
Construction
- Block
- Yes
- Frame
- Yes
Type of Units
- 1 Bedroom Unit
- Yes
- 2 Bedroom Unit
- Yes
- 3 or more Bdrm Units
- Yes
- Unfurnished
- Yes
Siding
- Other
- Yes
Sale Includes
- Building and Land
- Yes
Cooling
- Central Cooling
- Yes
Floors
- Hardwood
- Yes
- Laminate
- Yes
- Tile
- Yes
Garage/Parking
- Garage Spaces
- 1
- Off-Street Parking
- Yes
- On Premise Parking
- Yes
Tenant Expenses
- Tenant Pays No Util
- Yes
Owner Expenses
- Common Area Maintenance
- Yes
- Electricity
- Yes
- Exterior Maintenance
- Yes
- Insurance
- Yes
- Roof Maintenance
- Yes
- Sewer
- Yes
- Taxes
- Yes
- Trash Collection
- Yes
Fuel
- Electric
- Yes
- Gas (Natural)
- Yes
Heat
- Central
- Yes
Appliances
- Refrigerator
- Yes
Other Rooms
- Addl Living Quarter
- Yes
- Mstr Bdrm Main Level
- Yes
Roof
- Shingle
- Yes
Exterior Features
- Balcony
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Property Sub-Type:
House Converted
Type of Units:
1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units; Unfurnished
Sale Includes:
Building and Land
Floors:
Hardwood; Laminate; Tile
Tenant Expenses:
Tenant Pays No Util
Owner Expenses:
Common Area Maintenance; Exterior Maintenance; Roof Maintenance
Fuel:
Electric; Gas (Natural)
Heat:
Central
Cooling:
Central Cooling
Appliances:
Refrigerator
Construction:
Block; Frame
Roof:
Shingle
Siding:
Other
Exterior Features:
Balcony
Other Rooms:
Addl Living Quarter; Mstr Bdrm Main Level
New Financing:
Cash; Conventional
Showing:
See Agent Instructns
IDX
Listing Office:
Honors Real Estate Services LLC
Last Updated: June - 26 - 2026
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