About This Home

This 5-bedroom, 0-bathroom residential multi family at 605 S Lake Drive #A in Oneida, TN is listed for $525,000 ($69 per sqft). Built in 1967, the home offers 7,576 sqft of living space on a 3.67 acres lot.

Key Features

  • Built in 1967
  • 3.67 acre lot

Property Details

8 full
1-car garage
#A
1967

Amenities

HardwoodA/C
Listing Description

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

Monthly Cost Estimate

$2,808/mo

20% down · 6.5% · 30 years

Principal$380
Interest$2,275
Insurance$153

Estimates only. Actual payments may vary.

Location

605 S Lake Drive #A

Oneida, TN 37841

Ponderosa Estates

Features & Amenities

Exterior Features

Balcony

Property Details

Flooring

TileHardwoodLaminate

Construction

Block Frame

Parking

Off Street

Heating

CentralNatural GasElectric (Heating)

Cooling

Central Air

Appliances

Refrigerator

Questions & Answers

This 5-bedroom, 0-bathroom residential multi family at 605 S Lake Drive is listed at $525,000 ($69/sqft). The estimated monthly payment is $2,808 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1967, 3.67 acre lot. Exterior Features: Balcony.

This property is listed by Jim Stoneburner.

JS

Jim Stoneburner

Agent at Honors Real Estate Services

Listed by Honors Real Estate Services · Broker phone: (865) 238-0002 · View on Broker Site · Broker website

MLS# 1323587· Source: East Tennessee Realtors®· 326 days on PropertySimple

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

605 S Lake Drive #A, Oneida, TN 37841

Open this listing in: