602 Watauga Ave, Knoxville, TN 37917

$430,000
Property Type: Single Family Bedrooms: 3 Square Footage: 1,600 Lot Size (sq. ft.): 7,231 Status: Active
Current Price: $430,000 List Date: 5/22/2026 Last Modified: 6/09/2026

Overview

Description

RARE ADDITIONAL INCOME IN HISTORIC OAKWOOD/LINCOLN PARK! Welcome to 602 Watauga Avenue--a masterfully revitalized, turn-of-the-century property that perfectly marries historic architectural romance with a high-yielding, modern investment strategy. Originally built in 1899, this incredible dual-structure compound has been meticulously brought into 2026 with an array of major, top-tier capital improvements. The Main Residence (3 BR / 2 BA Potential): Step inside to experience soaring ceilings, crisp modern paint tones, and beautifully preserved original 1899 hardwood floors glowing with history. The spacious layout currently features 3 bedrooms and 1 fully remodeled bath, plus a second bathroom that is prepped, framed, and ready for the new owners to custom-renovate to their exact taste! The heart of the home features a spectacular formal dining room draped in sophisticated royal blue with crown molding, transitioning seamlessly into an updated kitchen space. Retreat to the primary ...

Listing Details MLS# 1341972

Location Tax Legal Info

House #
602
Street Name
Watauga
St Suffix
Ave
State/Province
TN
Zip Code
37917
PIN #
069NF031
Subdivision
Lincoln Park

Contract Info

Auction Y/N
No
Listing Price
430000
Occupancy
Either
Gross Amount Year 1
15000

General Property Description

Type
Ranch
Lot Dimensions
50 x 145
Lot Size SqFt
7231
Acres
0.16
Acre Source
Tax Records
Site Built
Yes
Restrictions
No
SqFt - Total (Aprox)
1600
SqFt - Main Lvl
1600
# Bedrooms
3
Baths - Full
2
# of Rooms
7
Fireplace
No
Property Status
N/A
HOA
No
Year Built
1899
Bonus Room
No
Extra Storage
Yes
SqFt - Down Lvl
0
SqFt - 2nd Flr Lvl
0
SqFt - 3rd Flr Lvl
0
Total Unfinished SqFt
0
# Fireplace
0
Basement
Yes

Status Change Info

Status Change Date
2026-05-22

Location, Tax & Legal Info

Area
Knox County - 1
Property Sub-Type
Residential
Community
OAKWOOD/LINCOLN PARK
City/County Code
City Limits
Middle School
Whittle Springs
Total Tax
1337.31
High School
Fulton

Remarks & Misc

Directions
I-40 to 275 North; Take Exit 2 for Heiskell Avenue; Turn right onto Heiskell Avenue; Veer right traffic light on Central Ave; Turn left Atlantic Ave; Turn left on Pershing Street; Turn right onto Chickamauga Avenue; Take an immediate left on Hanover Street; Home on the corner Hanover and Watauga Ave.
Public Remarks
RARE ADDITIONAL INCOME IN HISTORIC OAKWOOD/LINCOLN PARK! Welcome to 602 Watauga Avenue--a masterfully revitalized, turn-of-the-century property that perfectly marries historic architectural romance with a high-yielding, modern investment strategy. Originally built in 1899, this incredible dual-structure compound has been meticulously brought into 2026 with an array of major, top-tier capital improvements. The Main Residence (3 BR / 2 BA Potential): Step inside to experience soaring ceilings, crisp modern paint tones, and beautifully preserved original 1899 hardwood floors glowing with history. The spacious layout currently features 3 bedrooms and 1 fully remodeled bath, plus a second bathroom that is prepped, framed, and ready for the new owners to custom-renovate to their exact taste! The heart of the home features a spectacular formal dining room draped in sophisticated royal blue with crown molding, transitioning seamlessly into an updated kitchen space. Retreat to the primary bedroom suite where a gorgeous, exposed-brick fireplace mantel serves as an unforgettable historic focal point. Tucked privately in the level backyard sits a fully permitted, completely detached 1-Bedroom, 1-Bathroom Accessory Dwelling Unit (ADU). Completely remodeled with its own private covered porch and independent utility/HVAC systems, this turnkey unit is currently leased to a long-term tenant for a steady $1,250/month ($15,000/year) in guaranteed income. Live in the main house and let the tenant offset your monthly housing expenses, use it as a multi-generational estate, or capitalize on massive short-term rental upside!! Peace of Mind Upgrades Include:roof & gutters, Central HVAC system & ductwork, Fully updated electrical system, Plumbing & New main sewer line. Experience the Oakwood-Lincoln Park Lifestyle: Beyond the gates of this beautiful property lies one of North Knoxville's most vibrant, active, and welcoming communities. Known for its gorgeous tree-lined streets, community parks, and true neighborhood charm, Oakwood-Lincoln Park offers an unmatched local lifestyle just minutes from the city's best breweries, restaurants, and downtown events. To fully appreciate the community spirit, neighborhood preservation efforts, and upcoming local events that make this area so highly sought-after, buyers are highly encouraged to visit the official neighborhood association website at https://oakwood-lincolnpark.org/. Situated on a premier corner lot just minutes from Downtown Knoxville, UT, and central hospitals, smart investors and primary buyers will instantly recognize this rare turnkey opportunity. Schedule your private showing!

More Information

Fencing

Chain
Yes
Fenced Yard
Yes
Wood
Yes

Atchd/Dtchd Type

Detached
Yes

Style

Historic
Yes

Construction

Frame
Yes
Frame - Brick
Yes

Siding

Brick
Yes
Wood
Yes

Fireplace

Masonry
Yes

Cooling

Ceiling Fan(s)
Yes
Central Cooling
Yes

Floors

Carpet
Yes
Hardwood
Yes
Laminate
Yes

Garage/Parking

Carport Spaces
1
Carport
Yes
Main Level
Yes
None
Yes

Basement

Plumbed
Yes
Slab
Yes

Lot Description

Corner Lot
Yes
Irregular Lot
Yes
Level
Yes
Rolling Slope
Yes

Fuel

Electric
Yes

Heat

Heat Pump
Yes

Dining Area

Formal Dining Area
Yes

Appliances

Range
Yes
Refrigerator
Yes
Security Alarm
Yes
Smoke Detector
Yes

Other Rooms

Bedroom Main Level
Yes
Extra Storage
Yes
Mstr Bdrm Main Level
Yes
Sunroom
Yes

Exterior Features

Deck
Yes
Prof Landscaped
Yes
Windows - Wood
Yes

Misc Features

Drapes
Yes
Internet Available
Yes
Pantry
Yes
Washer/Dryer Connect
Yes

Sewer

Public Sewer
Yes

Water

Public
Yes

New Financing

Cash
Yes
Conventional
Yes
Other
Yes

Showing

See Agent Instructns
Yes

Property Features

Style: Historic Construction: Frame; Frame - Brick Siding: Brick; Wood Basement: Plumbed; Slab Lot Description: Corner Lot; Irregular Lot; Level; Rolling Slope Fireplace: Masonry Floors: Carpet; Hardwood; Laminate Fuel: Electric Heat: Heat Pump Cooling: Ceiling Fan(s); Central Cooling Appliances: Range; Refrigerator; Security Alarm; Smoke Detector Sewer: Public Sewer Water: Public Other Rooms: Bedroom Main Level; Extra Storage; Mstr Bdrm Main Level; Sunroom Misc Features: Drapes; Internet Available; Pantry; Washer/Dryer Connect Exterior Features: Deck; Prof Landscaped; Windows - Wood Fencing: Chain; Fenced Yard; Wood Dining Area: Formal Dining Area Showing: See Agent Instructns New Financing: Cash; Conventional; Other
IDX
Listing Office: INNOVATE Real Estate
Last Updated: June - 09 - 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. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.