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About This Home
This 3-bedroom, 2-bathroom single family at 116 S Walker Lane in Oak Ridge, TN is listed for $285,000 ($182 per sqft). Built in 1943, the home offers 1,564 sqft of living space on a 0.26 acres lot.
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!
Key Features
- Built in 1943
- 0.26 acre lot
- Fireplace
Property Details
Amenities
Monthly Cost Estimate
$1,524/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
116 S Walker Lane
Oak Ridge, TN 37830
Features & Amenities
Interior Features
Property Details
Flooring
Construction
Pool Features
Heating
Cooling
Appliances
Questions & Answers
This 3-bedroom, 2-bathroom single family at 116 S Walker Lane is listed at $285,000 ($182/sqft). The estimated monthly payment is $1,235 based on 20% down at 6.5% interest.
Key features include: Built in 1943, 0.26 acre lot, Fireplace. Interior Features: Eat-in Kitchen.
This property is listed by Koren Day and can be reached at 8659785329 or koren.day1@gmail.com.
