TN
Anderson County - 30
Oak Ridge
37830
153 Wade Lane
153 Wade Lane, Oak Ridge, TN 37830
Share Listing
Listing Type
Multi Family
Listing Status
Coming Soon
27
$250,000

Home Details for 153 Wade Lane

Price
$250,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1943
Lot size acres
0.47
County
Anderson County - 30
Garage
Days on site
0
MLS Listing#
1332532
Property Description

Investor opportunity in the heart of Oak Ridge. This duplex at 153 Wade Lane offers strong rental potential with two separate units and individual utility meters, making it an ideal addition to a long term rental portfolio. The property features a 3 bedroom 1 bath unit that previously rented for $1,275 per month and a 2 bedroom 1 bath unit that rented for $975 per month. With both units currently vacant, the next owner has the rare opportunity to place tenants at current market rents or house hack by living in one unit while renting the other. Recent improvements include a fully renovated kitchen in one of the units along with new water heaters, helping reduce immediate maintenance concerns and improving tenant appeal. Situated on a generous 0.47 acre lot, the property provides additional space and privacy that is uncommon for many duplexes. Located at the end of the community, the setting offers a quiet and private feel while still being just minutes from Oak Ridge shopping, restaurants, and convenient interstate access for commuting to Knoxville or surrounding employment centers. Separate electric and water meters allow for efficient property management and reduced owner utility expenses, a key advantage for investors focused on maximizing net operating income. Whether you are a seasoned investor looking to add another income producing property or a first time buyer seeking an entry point into real estate investing, this duplex offers strong fundamentals in a stable rental market. Priced at $250,000, this is an opportunity to secure a well located duplex with existing rental history and upside potential in one of East Tennessee's most consistent rental markets. Schedule your showing today and explore the potential this Oak Ridge investment property has to offer.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Window Unit(s)
  • Heating Information
    • Central
    • Electric
  • Parking
    • Off Street
    • On Site
School Information
School Information for 153 Wade Lane, Oak Ridge, TN 37830
Elementary School
Willow Brook
Middle School
Robertsville
High School
Oak Ridge
Listing Courtesy: Keller Williams Realty - 865-694-5904
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Knoxville Area Association of REALTORS® Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than EXIT Realty, are indicated by detailed information about them such as the name of the listing firms. The Knoxville Area Association of REALTORS® Multiple Listing Service does not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright ©2026 Knoxville Area Association of REALTORS® Multiple Listing Service. All Rights Reserved.
Transportation
Check the walk, transit, and bike score for
Neighborhood Market Statistics
See average values in the proximity of this property
Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from East Tennessee Realtors.
EXIT REALTY PROS
9821 Cogdill Rd. Suite 1A, Knoxville, TN 37932
Office
865 383 3948
Request more details
Code: