116 S Walker Lane Oak Ridge, TN 37830
Listing Courtesy of: East Tennessee Realtors / Wallace Bearden Office / Koren Day

  116 S Walker Lane Oak Ridge, TN 37830

Active (48 Days)
$290,000 (USD)
3
BED
2
BATH
1,564
SQFT

Description

šŸ  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!

MLS #:
1334296
Taxes
$1,584
Lot Size
0.26 acres
Type
Single-Family Home
Year Built
1943
Style
Traditional
Views
Other
County
Anderson County

Listed By

Koren Day, Wallace Bearden Office
Source
East Tennessee Realtors
Last checked May 13 2026 at 9:03 PM GMT+0000
Bathroom Details
  • Full Bathrooms: 2
Interior Features
  • Appliances : Dryer
  • Appliances : Refrigerator
  • Interior Features : Eat-In Kitchen
  • Appliances : Washer
  • Appliances : Range
  • Windows : Windows - Aluminum
  • Windows : Windows - Insulated
Lot Information
  • Rolling Slope
  • Irregular Lot
Property Features
  • Fireplace: Gas
  • Fireplace: Ventless
  • Fireplace: Electric
  • Fireplace: Free Standing
Heating and Cooling
  • Other
  • Electric
  • Natural Gas
  • Window Unit(s)
Basement Information
  • Finished
  • Walkout
Flooring
  • Laminate
Exterior Features
  • Roof: Road/Road Frontage :
Utility Information
  • Sewer: Public Sewer
Location
   
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Disclaimer: Copyright 2026 East Tennessee Realtors. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 5/13/26 14:03