116 S Walker Ln
Description
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...🏠 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!
- Listed by Koren Day • Wallace
Property Details for 116 South Walker Lane
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Property Details for 116 South Walker Lane
| Status | Active |
|---|---|
| MLS # | 1334296 |
| Days on Market | 76 |
| Taxes | $1,584 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Single Family |
| MLS Type | Single Family / Single Family Residence |
| Year Built | 1943 |
| Lot Size | 0.26 AC / 11,325 SF |
| County | Anderson County |
Location
Virtual Tour
Building Information for 116 South Walker Lane
Payment Calculator
$1,552 per month
30 year fixed, 6.36% Interest
$1,420
$132
$0
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1Property Information for 116 South Walker Lane
- City: Oak Ridge
- County Or Parish: Anderson County - 30
- 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).
- Latitude: 36.022203
- Longitude: -84.274661
- MLS Area Major: Anderson County - 30
- MLS Area Minor: Anderson County - 30
- Postal Code: 37830
- State Or Province: TN
- View Other: True
- Location Tax Legal Info Area: Anderson County - 30
- Remarks Misc 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).
- Atchd Dtchd Type Detached: True
- Garage Parking Carport Spaces: 2.0
- Association Fee: 0.0
- Parcel Number: 099B A 02300 000
- Location Tax Legal Info Total Tax: 1583.95
- General Property Description HOA: No
- Virtual Tours Count: 0
- Building Area Source: Agent
- Lot Size Area: 0.26
- Lot Size Units: Acres
- Lot Size Square Feet: 11325.6
- Year Built: 1943
- Lot Features: Irregular Lot, Rolling Slope
- Building Area Total: 1564.0
- Lot Size Acres: 0.26
- Lot Size Source: Tax Records
- General Property Description SqFt - Main Lvl: 782.0
- General Property Description SqFt - Down Lvl: 782.0
- General Property Description SqFt - 2nd Flr Lvl: 0.0
- General Property Description SqFt - 3rd Flr Lvl: 0.0
- General Property Description SqFt - Source: Agent
- General Property Description Acres: 0.26
- General Property Description Acre Source: Tax Records
- General Property Description Site Built: Yes
- Lot Description Irregular Lot: True
- Lot Description Rolling Slope: True
- Possession: At Closing
- Property Attached: No
- Property Type Label: Single Family
- Floor Plans Count: 3
- Property Type: Single Family
- Property Sub Type: Single Family Residence
- Possession At Closing: True
- General Property Description Sewer: Public Sewer
- Fuel Electric: True
- Fuel Gas (Natural): True
- Sewer Public Sewer: True
- Water Public: True
- Construction Materials: Wood, Cedar, Shingle Shake, Block, Frame
- Siding Cedar: True
- Siding Shingle Shake: True
- Siding Wood: True
- Exterior Features Deck: True
- Exterior Features Doors - Storm: True
- Exterior Features Windows - Aluminum: True
- Exterior Features Windows - Insulated: True
- Beds Total: 3
- Baths Full: 2
- Baths Half: 0
- Cooling: Window Unit(s)
- Fireplaces Total: 5
- Fireplace: Yes
- Bathrooms Total Integer: 2
- Cooling Details: Yes
- Kitchen Appliances: Dryer, Range, Refrigerator, Washer
- Basement: Yes
- Heating Details: Natural Gas, Other, Electric
- Fireplace Features: Electric, Gas, Free Standing, Ventless
- Flooring: Laminate
- Heating: Yes
- Fireplace Free Standing: True
- Fireplace Ventless: True
- Fireplace Electric: True
- Fireplace Gas: True
- Floors Laminate: True
- Basement Finished: True
- Basement Walkout: True
- General Property Description Number of Bedrooms: 3
- General Property Description Number of Rooms: 5
- General Property Description Fireplace: Yes
- General Property Description Number of Fireplace: 5.0
- General Property Description Basement: Yes
- General Property Description Bonus Room: No
- Heat - Other: True
- Dining Area Eat-in Kitchen: True
- Dining Area KitchenDining Rm Co: True
- Appliances Dryer: True
- Appliances Range: True
- Appliances Refrigerator: True
- Appliances Washer: True
- Other Rooms Mstr Bdrm Main Level: True
- Misc Features WasherDryer Connect: True
- Rooms Total: 5
- RoomType: Master Bedroom
- Room Type: Bedroom 2
- Room Type: Bedroom 3
- Room Type: Bathroom
- Room Type: LR/DR Combination
- General Property Description Restrictions: Yes
- Tenant Expenses Cooling: Window Unit(s)
- Tenant Expenses Heating: Natural Gas,Other,Electric
Property History for 116 South Walker Lane
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 28, 2026 | Price Change KAARMLS #1334296 | $285,000 | — |
| May 7, 2026 | Price Change KAARMLS #1334296 | $290,000 | — |
| Apr 30, 2026 | Price Change KAARMLS #1334296 | $299,000 | — |
| Mar 27, 2026 | Listed (Active) KAARMLS #1334296 | $304,000 | — |
| Sep 17, 2025 | Expired KAARMLS #1293725 | — | |
| Jun 12, 2025 | Price Change KAARMLS #1293725 | $312,000 | — |
| Mar 18, 2025 | Listed (Active) KAARMLS #1293725 | $315,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/28/2026 | Price Change KAARMLS #1334296 | $285,000 |
| 05/07/2026 | Price Change KAARMLS #1334296 | $290,000 |
| 04/30/2026 | Price Change KAARMLS #1334296 | $299,000 |
| 03/27/2026 | Listed (Active) KAARMLS #1334296 | $304,000 |
| 09/17/2025 | Expired KAARMLS #1293725 | — |
| 06/12/2025 | Price Change KAARMLS #1293725 | $312,000 |
| 03/18/2025 | Listed (Active) KAARMLS #1293725 | $315,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 116 South Walker Lane
Schools near 116 South Walker Lane
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 4 | |||
| Public - | 5 to 8 | |||
| Public - | 9 to 12 | |||
| Private - | K to 12 |
Rating | School | Distance |
|---|---|---|
Willow Brook Elementary School PublicK to 4 | ||
Robertsville Middle School Public5 to 8 | ||
Oak Ridge High School Public9 to 12 | ||
Christianacademy Of Oak Ridge PrivateK to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
Listing Courtesy of Wallace, Koren Day
The information is being provided by MTRMLS, Inc. Properties marked with the MTRMLS logo are provided courtesy of the RealTracs Internet Data Exchange Program. Information is believed to be accurate but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 MTRMLS, Inc. All Rights Reserved. Last updated: 06/09/2026 11:17 AM