116 S Walker Lane, Oak Ridge, TN 37830

Local realty services provided by:Better Homes and Gardens Real Estate Jackson Realty
116 S Walker Lane,Oak Ridge, TN 37830
$290,000
  • 3 Beds
  • 2 Baths
  • 1,564 sq. ft.
  • Single family
  • Active
Upcoming open houses
  • Sat, May 09
    04:00 pm - 06:00 pm
Listed by: koren day
Office: keller williams realty
MLS#:1334296
Source:TN_KAAR

Price summary

  • Price:$290,000
  • Price per sq. ft.:$185.42

About this home

🏠 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...

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Home facts

  • Year built:1943
  • Listing ID #:1334296
  • Added:41 day(s) ago
  • Updated:May 08, 2026 at 03:08 AM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Full bathrooms:2
  • Rooms Total:5
  • Flooring:Laminate
  • Basement:Yes
  • Basement Description:Finished, Walkout
  • Living area:1,564 sq. ft.

Heating and cooling

  • Heating:Electric

Structure and exterior

  • Year built:1943
  • Building area:1,564 sq. ft.
  • Lot area:0.26 Acres
  • Architectural Style:Traditional
  • Construction Materials:Block, Cedar, Frame, Shingle Shake

Utilities

  • Sewer:Public Sewer

Finances and disclosures

  • Price:$290,000
  • Price per sq. ft.:$185.42

Parking

  • Carport spaces:2