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
$280,000
- 3 Beds
- 2 Baths
- 1,564 sq. ft.
- Single family
- Active
Listed by: koren day
Office: wallace
MLS#:1334296
Source:TN_KAAR
Price summary
- Price:$280,000
- Price per sq. ft.:$179.03
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 carport.
Don't just buy a home, buy an asset that pays you back!...
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Home facts
- Year built:1943
- Listing ID #:1334296
- Added:94 day(s) ago
- Updated:June 29, 2026 at 02:30 PM
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:$280,000
- Price per sq. ft.:$179.03
Parking
- Carport spaces:2
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