153 Wade Lane, Oak Ridge, TN 37830
(MLS # 1332532)
Twitter
Facebook
Email
|
Investor opportunity in the heart of Oak Ridge. This duplex at 153 Wade Lane offers strong rental potential with two separate units and individual utility meters, making it an ideal addition to a long term rental portfolio. The property features a 3 bedroom 1 bath unit that previously rented for $1,275 per month and a 2 bedroom 1 bath unit that rented for $975 per month. With both units currently vacant, the next owner has the rare opportunity to place tenants at current market rents or house hack by living in one unit while renting the other. Recent improvements include a fully renovated kitchen in one of the units along with new water heaters, helping reduce immediate maintenance concerns and improving tenant appeal. Situated on a generous 0.47 acre lot, the property provides additional space and privacy that is uncommon for many duplexes. Located at the end of the community, the setting offers a quiet and private feel while still being just minutes from Oak Ridge shopping, restaurants, and convenient interstate access for commuting to Knoxville or surrounding employment centers. Separate electric and water meters allow for efficient property management and reduced owner utility expenses, a key advantage for investors focused on maximizing net operating income. Whether you are a seasoned investor looking to add another income producing property or a first time buyer seeking an entry point into real estate investing, this duplex offers strong fundamentals in a stable rental market. Priced at $250,000, this is an opportunity to secure a well located duplex with existing rental history and upside potential in one of East Tennessee's most consistent rental markets. Schedule your showing today and explore the potential this Oak Ridge investment property has to offer.
| LAST UPDATED | 3/13/2026 | YEAR BUILT | 1943 |
|---|---|---|---|
| COMMUNITY | Anderson County - 30 | COUNTY | Anderson County - 30 |
| STATUS | Active | PROPERTY TYPE(S) | Multi Family |
| Elementary School | Willow Brook |
|---|---|
| Jr. High School | Robertsville |
| High School | Oak Ridge |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air, Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Range |
| AREA | Anderson County - 30 |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Central, Electric |
| LOT | 0.47 acre(s) |
| LOT DIMENSIONS | 67 x 147 x IRR |
| PARKING | Off Street, On Site |
| TAXES | 2301.49 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
| SATELLITE VIEW |
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Sellers
Realty to contact you even if your name is on a Federal or State
"Do not call List".
Listed with Keller Williams Realty
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee Realtors® Multiple Listing Service. © Copyright 2026. All rights reserved.
This information is being provided for the consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
This IDX solution is (c) Diverse Solutions 2026.