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Single Family Residence in Oak Ridge, TN

116 S Walker Lane, Oak Ridge, TN, 37830

Description

Bedroom

3 Rooms

Bathroom

2 Baths

Square Foot

1564 Ft

Lot Size

0.26 Acres

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!

Location
Contact Agent

Oak Ridge Expert Agent

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Additional Listing Details:

22 days on HouseJet

Last Refresh: 06/05/2026 10:00:04 PM UTC

MLS #: 1334296

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Listing Agent

Koren Day

Wallace

Phone: 865-584-4000