05-004_Front above too - 116 S Walker Lane, Oak Ridge, TN 37830, Oak Ridge
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07-007_Higher back of house - 116 S Walker Lane, Oak Ridge, TN 37830, Oak Ridge
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40-Screenshot 2026-03-26 at 4.05.07_PM - 116 S Walker Lane, Oak Ridge, TN 37830, Oak Ridge
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01-Front_twilight_01813867 - 116 S Walker Lane, Oak Ridge, TN 37830, Oak Ridge
22 photos

$255,000

116 S Walker Lane, Oak Ridge, TN 37830
Oak Ridge, TN 37830
Listed by Koren Day · Wallace
Bedrooms
3
Bathrooms
2
Living area
N/A
Year built
1943

About this home

PRICE IMPROVEMENT -- Now offered at $275,000, this updated Oak Ridge cottage delivers rare flexibility at an affordable price point. With approximately 1,564 finished square feet, the home is thoughtfully split between the main level and finished walkout lower level, offering about 782 square feet on each floor. The main level features an efficient layout with a comfortable living area, eat-in kitchen, 2 bedrooms, 1 full bath, updated flooring, stainless appliances, and a neutral interior palette. The finished lower level adds valuable versatility with its own private exterior entrance, second kitchen, bedroom, full bath, and additional living space. This layout is ideal for buyers who need options: multi-generational living, guest space, roommate separation, a private work-from-home setup, or potential rental use where permitted. Recent and notable features include a gas water heater installed in 2025, all appliances conveying, a basement refrigerator and gas stove, and a roof reported to be approximately 5 years old. Outside, enjoy a fenced backyard, deck, firepit area, rolling lot, and convenient 2-car carport. Located just minutes from ORNL, Y-12, Methodist Medical Center, schools, parks, and everyday Oak Ridge amenities, this home offers more than just a place to live -- it offers flexibility, function, and long-term value.

Highlights

Fireplace

Property details

MLS #
1334296
Property type
Single Family Residence
Subdivision
N/A
Status
Active
Days on market
166
On market date
March 27, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.26 acres
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Willow Brook Elementary
0.82 mi away · Grades 0-4
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
388
Student:teacher ratio
12.1:1
District
Oak Ridge
Middle
Robertsville Middle School
0.7 mi away · Grades 5-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
672
Student:teacher ratio
13.2:1
District
Oak Ridge
High
Oak Ridge High School
0.81 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,517
Student:teacher ratio
15.8:1
District
Oak Ridge

Walkability

Blended score for Oak Ridge's center: EPA's National Walkability Index (street network, transit, land-use mix) combined with nearby-amenity density. 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

51
Somewhat walkable
out of 100
EPA National Walkability Index
4.8 / 20 -- Least walkable
Nearby-amenity density
90 / 100
Restaurants & cafes16
Grocery stores8
Parks3
Schools8
Transit stops0
Pharmacies3

Market position

How this listing compares to current activity in Oak Ridge, from live MLS data.

On the market 166 days -- 82 more days than Oak Ridge's current average of 84 days.
For reference, the median list price across 137 active listings in Oak Ridge right now is $365,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,686/mo
$51,000 down
$204,000 loan
Principal & interest$1,323
Property tax (est.)$213
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated 17 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.