116 S Walker Lane, Oak Ridge, TN 37830
(MLS # 1334296)
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🏠 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!
| LAST UPDATED | 6/23/2026 | YEAR BUILT | 1943 |
|---|---|---|---|
| COMMUNITY | Anderson County - 30 | COUNTY | Anderson County - 30 |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| PRICE HISTORY | |
| Prior to Apr 30, '26 | $304,000 |
|---|---|
| Apr 30, '26 - May 7, '26 | $299,000 |
| May 7, '26 - May 28, '26 | $290,000 |
| May 28, '26 - Jun 23, '26 | $285,000 |
| Jun 23, '26 - Today | $280,000 |
| ADDITIONAL DETAILS | |
| AIR | Window Unit(s) |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dryer, Range, Refrigerator, Washer |
| AREA | Anderson County - 30 |
| BASEMENT | Finished, Walk-Out Access, Yes |
| CONSTRUCTION | Block, Cedar, Frame, Wood Siding |
| FIREPLACE | Yes |
| HEAT | Electric, Natural Gas, Other |
| INTERIOR | Eat-in Kitchen, Master Downstairs |
| LOT | 0.26 acre(s) |
| LOT DESCRIPTION | Irregular Lot, Rolling Slope |
| SEWER | Public Sewer |
| STYLE | Traditional |
| VIEW | Yes |
| VIEW DESCRIPTION | Other |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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