116 S Walker Lane, Oak Ridge, TN 37830
$290,000
Property Type:
Single Family
Bedrooms:
3
Square Footage:
1,564
Lot Size (sq. ft.):
11,326
Status:
Active
Current Price:
$290,000
List Date:
3/27/2026
Last Modified:
5/08/2026
Overview
Description
...
(Read more)
🏠 OWN FOR LESS THAN RENT | Historic Oak Ridge Cottage with Income Suite
Discover the ultimate 'House-Hacking' opportunity in the heart of Oak Ridge. This beautifully updated 1940s cottage offers a rare dual-living layout - perfect for savvy homeowners or investors looking to offset their mortgage significantly.
Main Level: Features a bright, open floor plan with 2 spacious bedrooms, a full bathroom, and a modern kitchen with stainless appliances. Original character meets fresh updates with new flooring and a neutral palette.
The Income Producer / In-Law Suite: The fully equipped lower level is a total game-changer. Featuring its own Private Exterior Entrance, a Second Kitchen, a private bedroom, and a full bath. With a projected rental income of $900-$1,100/month, this space could pay nearly half your mortgage!
Location & Lifestyle: A commuter's dream just minutes from ORNL, Y-12, and Methodist Medical Center. Enjoy the large fenced backyard, firepit, and 2-car carport.
Don't just buy a home, buy an asset that pays you back!
Open Houses
- Tomorrow, 12:00 pm - 2:00 pm
Listing Details MLS# 1334296
Location Tax Legal Info
- House #
- 116
- St Dir
- S
- Street Name
- Walker
- St Suffix
- Lane
- State/Province
- TN
- Zip Code
- 37830
- PIN #
- 099B A 02300 000
Contract Info
- Auction Y/N
- No
- Listing Price
- 290000
General Property Description
- Type
- Basement Ranch
- Acres
- 0.26
- Acre Source
- Tax Records
- Site Built
- Yes
- Restrictions
- Yes
- SqFt - Total (Aprox)
- 1564
- SqFt - Main Lvl
- 782
- SqFt - Down Lvl
- 782
- # Bedrooms
- 3
- Baths - Full
- 2
- # of Rooms
- 5
- Fireplace
- Yes
- # Fireplace
- 5
- Property Status
- N/A
- HOA
- No
- Year Built
- 1943
- Bonus Room
- No
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- Basement
- Yes
Status Change Info
- Status Change Date
- 2026-03-27
Location, Tax & Legal Info
- Area
- Anderson County - 30
- Property Sub-Type
- Residential
- City/County Code
- City Limits
- Total Tax
- 1583.95
Remarks & Misc
- Directions
- Take I-40 W toward Nashville. Take Exit 376 for TN-162 N (Pellissippi Pkwy) toward Oak Ridge. Merge onto TN-162 N, which becomes TN-170 W (Edgemoor Rd) and then TN-62 W (Illinois Ave). Continue on Illinois Ave for approximately 5 miles. Turn Right onto W Outer Dr. Proceed 0.8 miles and turn Right onto S Walker Ln. Property 116 is on the Right. Sign on Property (SOP).
- Public Remarks
- 🏠 OWN FOR LESS THAN RENT | Historic Oak Ridge Cottage with Income Suite Discover the ultimate 'House-Hacking' opportunity in the heart of Oak Ridge. This beautifully updated 1940s cottage offers a rare dual-living layout - perfect for savvy homeowners or investors looking to offset their mortgage significantly. Main Level: Features a bright, open floor plan with 2 spacious bedrooms, a full bathroom, and a modern kitchen with stainless appliances. Original character meets fresh updates with new flooring and a neutral palette. The Income Producer / In-Law Suite: The fully equipped lower level is a total game-changer. Featuring its own Private Exterior Entrance, a Second Kitchen, a private bedroom, and a full bath. With a projected rental income of $900-$1,100/month, this space could pay nearly half your mortgage! Location & Lifestyle: A commuter's dream just minutes from ORNL, Y-12, and Methodist Medical Center. Enjoy the large fenced backyard, firepit, and 2-car carport. Don't just buy a home, buy an asset that pays you back!
More Information
Fencing
- Chain
- Yes
Atchd/Dtchd Type
- Detached
- Yes
Style
- Traditional
- Yes
Construction
- Block
- Yes
- Frame
- Yes
Siding
- Cedar
- Yes
- Shingle Shake
- Yes
- Wood
- Yes
Fireplace
- Free Standing
- Yes
- Ventless
- Yes
- Electric
- Yes
- Gas
- Yes
Cooling
- Window Unit(s)
- Yes
Floors
- Laminate
- Yes
Garage/Parking
- Carport Spaces
- 2
Basement
- Finished
- Yes
- Walkout
- Yes
Lot Description
- Irregular Lot
- Yes
- Rolling Slope
- Yes
Fuel
- Electric
- Yes
- Gas (Natural)
- Yes
View
- Other
- Yes
Heat
- Other
- Yes
Dining Area
- Eat-in Kitchen
- Yes
- Kitchen/Dining Rm Co
- Yes
Appliances
- Dryer
- Yes
- Range
- Yes
- Refrigerator
- Yes
- Washer
- Yes
Other Rooms
- Bedroom Main Level
- Yes
- Mstr Bdrm Main Level
- Yes
Exterior Features
- Deck
- Yes
- Doors - Storm
- Yes
- Windows - Aluminum
- Yes
- Windows - Insulated
- Yes
Misc Features
- Washer/Dryer Connect
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- VA Loan
- Yes
Showing
- See Agent Instructns
- Yes
Property Features
Style:
Traditional
Construction:
Block; Frame
Siding:
Cedar; Shingle Shake; Wood
Basement:
Finished; Walkout
Lot Description:
Irregular Lot; Rolling Slope
View:
Other
Fireplace:
Free Standing; Ventless; Electric; Gas
Floors:
Laminate
Fuel:
Electric; Gas (Natural)
Heat:
Other
Cooling:
Window Unit(s)
Appliances:
Dryer; Range; Refrigerator; Washer
Sewer:
Public Sewer
Water:
Public
Other Rooms:
Bedroom Main Level; Mstr Bdrm Main Level
Misc Features:
Washer/Dryer Connect
Exterior Features:
Deck; Doors - Storm; Windows - Aluminum; Windows - Insulated
Fencing:
Chain
Dining Area:
Eat-in Kitchen; Kitchen/Dining Rm Co
Showing:
See Agent Instructns
New Financing:
Cash; Conventional; FHA; VA Loan
Room Information
| Room Name |
|---|
| Master Bedroom |
| Bedroom 2 |
| Bedroom 3 |
| Bathroom |
| LR/DR Combination |
IDX
Listing Office:
Keller Williams Realty
Office Phone: 865-694-5904
Last Updated: May - 08 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved.
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