About This Home

This 2-bedroom, 1-bathroom single family at 1616 Wallace St in Knoxville, TN is listed for $229,000 ($289 per sqft). Built in 1950, the home offers 792 sqft of living space on a 0.17 acres lot.

Key Features

  • Built in 1950
  • 0.17 acre lot

Property Details

1 full
1950

Amenities

A/C
Listing Description

BEAUTIFULLY UPDATED & MOVE-IN READY! This charming one-level ranch offers an inviting combination of style, comfort, and value in a convenient Knoxville location. Step inside to a bright, open living area with LVP flooring throughout--no carpet! The thoughtfully remodeled kitchen, updated approximately 6 years ago, features beautiful cabinetry and stainless steel appliances.

The home offers an updated bathroom/laundry room, replacement windows, and a roof approximately 6 years old. A new HVAC system installed just 1 year ago with a warranty provides added comfort and peace of mind. The unfinished basement/crawlspace area offers exceptional additional storage and a spacious workshop area.

The home has also benefited from a professional basement waterproofing system, including installation of a sump pump and a yearly maintenance agreement. The exterior is equally appealing with a back deck overlooking the level, fenced backyard, perfect for relaxing, entertaining, or enjoying your morning coffee.

A storage shed provides even more room for lawn equipment and outdoor belongings. Conveniently located just minutes from downtown Knoxville, the University of Tennessee, shopping, dining, and major roadways, this well-maintained and updated ranch is an excellent opportunity for anyone looking for comfortable one-level living with numerous major improvements already completed.

Monthly Cost Estimate

$1,225/mo

20% down · 6.5% · 30 years

Principal$166
Interest$992
Insurance$67

Estimates only. Actual payments may vary.

Location

1616 Wallace St

Knoxville, TN 37921

Moses Fairview

Features & Amenities

Exterior Features

Windows - Vinyl

Property Details

Flooring

Laminate

Construction

Vinyl Siding Frame

Outdoor Features

DeckPorch

Parking

Off Street

Heating

Heat Pump (Heating)Electric (Heating)Central

Cooling

Central Air

Appliances

DishwasherMicrowaveRangeSelf Cleaning Oven

Questions & Answers

This 2-bedroom, 1-bathroom single family at 1616 Wallace St is listed at $229,000 ($289/sqft). The estimated monthly payment is $1,225 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1950, 0.17 acre lot. Exterior Features: Windows - Vinyl.

This property is listed by Darlene Dehart.

DD

Darlene Dehart

Agent at REMAX FIRST

Listed by REMAX FIRST · Broker phone: (865) 981-1004 · View on Broker Site · Broker website

MLS# 1356416· Source: East Tennessee Realtors®· 38 days on PropertySimple

Copyright © 2026 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1616 Wallace St, Knoxville, TN 37921

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