BJ Can Help You Purchase This Home

Thank you for choosing BJ Swinehart! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!

116 S Walker Lane, Oak Ridge, 37830

Priced At: $285,000

Property Details for ID: 1334296



SqFt: 1,564
Price SqFt: $182
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-03-27T04:17:50Z

Public Remarks: 🏠 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!

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Traditional
Type: Basement Ranch
Site Built: Yes
Year Built: 1943
Total Rooms: 5
SqFt (Total): 1,564
SqFt (Main Lvl): 782
SqFt (Down Lvl): 782
Full Baths: 2
1/2 Baths: 0
Fireplace: Yes
Bonus Room: No
Basement: Yes
Basement Type: Finished, Walkout

  Exterior Features

Features: Deck, Doors - Storm, Windows - Aluminum, Windows - Insulated
Construction: Block, Frame
Siding: Cedar, Shingle Shake, Wood

  Appliances

Dryer, Range, Refrigerator, Washer

  Room Dimensions

Master Bedroom: Bedroom 2: Bedroom 3: Bathroom: LR/DR Combination:

  Interior Features

Dining Area: Eat-in Kitchen, KitchenDining Rm Co
Floors: Laminate
Other Rooms: Bedroom Main Level, Mstr Bdrm Main Level
Misc Features: WasherDryer Connect

  Property Details

Acreages: 0.26
Lot Description: Irregular Lot, Rolling Slope
View: Other

Utilities

Fuel Types: Electric, Gas (Natural)

Financing

Finance Options: Cash, Conventional, FHA, VA Loan

  HOA Information

Restrictions: Yes
HOA: No

Heating & Cooling

Fireplace(s): Yes
Total Fireplaces: 5
Fireplace Type(s): Free Standing, Ventless, Electric, Gas
Cooling Type(s): Window Unit(s)
Heat Type(s): Other

Garage / Parking

Carport Spaces

  Community Features

Outbuildings

Presented By: / Wallace

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Take I-40 W toward Nashville. Take Exit 376 for TN-162 N (Pellissippi Pkwy) toward Oak Ridge. Merge onto TN-162 N, which becomes TN-170 W (Edgemoor Rd) and then TN-62 W (Illinois Ave). Continue on Illinois Ave for approximately 5 miles. Turn Right onto W Outer Dr. Proceed 0.8 miles and turn Right onto S Walker Ln. Property 116 is on the Right. Sign on Property (SOP).



Your commute

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Four Reasons to Use BJ Swinehart

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Relocation Assistance

I can give you referrals to trusted loan officers, insurance agents, home inspectors, heat & air specialists, title companies and all service providers dealing with all things home.

Educated Advocate

Need educated advice and a strong advocate, I will provide advice based on years of experience and advanced education.

Professional

I Believe that everyone should be treated with the upmost of respect and professionalism combined with the highest level of service.

You Are Valued

I recognize that we are partners with our clients and as such, I strive to provide a high quality of service, and hope to build trust and friendships through honesty and integrity.



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