605 S Lake Drive Oneida, TN $ 650,000
605 S Lake Drive
$ 650,000
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605 S Lake Drive

Oneida, TN, 37841
$ 650,000
Baths0.0 Sq 7,576

Monthly Estimate*

$ 4,002

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Studio

Multi-Family Home for sale in Oneida, TN

for $650,000. This 7,576 square foot home was built in 1967.

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

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Multi-Family Active

Price

$ 650,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 5,233

Style

Year Built

1967

Town/City

Oneida

County/Region

Scott

MLS | Web ID

3058601

Features
General
Living Area 7576
Heating Central Electric Natural Gas
Cooling Central Air
Utilities Electricity Available Natural Gas Available
Possession Close Of Escrow
Roof Other
Garage Spaces 1
Construction Materials Frame Other
Year Built 1967
Tenant Pays Other
Levels Three Or More
County Scott County TN
New Construction N
Property Type Residential Income
Attached Garage N
Subdivision Name Ponderosa Estates
Garage Y/N Y
Rent Includes Other Electricity Trash Collection
Status Active
Buyer Financing Other Conventional
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 la
City Oneida
Senior Community Y/N N
Number Of Units Total 7
Lot Size Units Acres
Year Built Details Existing
Tax Annual Amount 5233
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
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Interior
Flooring Wood Laminate Tile
Air Conditioning Y/N Y
Heating Y/N Y
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
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Exterior
Total Parking 1
Building Area Total 7576
Lot Dimensions IRR
Waterfront Y/N N
Covered Spaces 1
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Internal Only
Street Number 1 605
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* Excluded Features
List By
Honors Real Estate Services Llc

Broker

Jim.s@honorsproperties.com

Email

Affordability Calculator

$4,438
Per Month
90%
10%
0%
Monthly Principal & Interest
$4,002
Monthly Property Taxes
$436
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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THE TIME TO SELL IS NOW! What's my home worth?
Nearby
245588 Elementary School
245705 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/5/2025$650,000 Listed Price

Map


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605 S Lake Drive, Oneida, TN, 37841 is a Multi-Family Home for sale at $650,000 with 7,576 sqft. 605 S Lake Drive is a studio with 0.0 baths and was built in 1967. The property's zip code is 37841 which is in Oneida, TN