TN
Knox County - 1
Knoxville
37917
602 Watauga Ave
602 Watauga Ave, Knoxville, TN 37917
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Listing Type
Single Family
Listing Status
Active
57
$400,000

Home Details for 602 Watauga Ave

Price
$400,000
Type
Residential
Bedrooms
3
Total Bathrooms
2
Full Bathrooms
2
Square feet
1600
Year built
1899
Lot size acres
0.16
County
Knox County - 1
Total rooms
7
Basement
Bath/Stubbed
Days on site
45
MLS Listing#
1341972
Property Description

NEW PRICE - $329,000 VALUE SNAPSHOT ✔ $329,000 - Priced to attract immediate interest ✔ $222,000+ in improvements - Major systems already updated ✔ Move-In Ready - Big-ticket items completed ✔ $15,000/year income - Detached guest house leased at $1,250/month ✔ Flexible use - Rental, office, guest suite, or multigenerational living BONUS VALUE Detached guest house provides immediate income or flexible living space--like getting two properties in one. OVER $222,000 IN IMPROVEMENTS: ● New roof ● Electrical system upgrade (panel, wiring, service) ● PEX plumbing & new city water line ● Updated HVAC & ductwork ● Renovated bathrooms (guest + primary) ● LED lighting upgrades ● Decks, walkways & landscaping ● Detached guest house (income-producing) ● Additional updates throughout PROPERTY FEATURES: Updated historic home blending character with modern systems. Detached guest house generates income and adds flexibility. Over $222K in improvements reduce future costs, making this a strong value for both homeowners and investors. OVER $222,000 IN DOCUMENTED CAPITAL IMPROVEMENTS: Estimated current replacement costs shown for illustration. ● New Roof -- (Estimated replacement cost: $18,000-$25,000) ✓ Already completed ● Complete Electrical System Upgrade (new service, breaker panel, wiring throughout the home, and electrical feeds to both buildings) -- (Estimated replacement cost: $20,000-$35,000) ✓ Already completed ● New City Water Service Line (street to home) -- (Estimated replacement cost: $8,000-$15,000) ✓ Already completed ● PEX Plumbing Upgrades Throughout -- (Estimated replacement cost: $15,000-$30,000) ✓ Already completed ● Sewer Line Professionally Cleaned and Restored -- (Estimated value of service: $500-$2,000) ✓ Already completed ● Updated HVAC System & Ductwork -- (Estimated replacement cost: $12,000-$20,000) ✓ Already completed ● Completely Renovated Guest Bathroom (taken to the studs and rebuilt) -- (Estimated replacement cost: $20,000-$35,000) ✓ Already completed ● Newly Updated Primary En-Suite Bathroom -- (Estimated replacement cost: $12,000-$25,000) ✓ Already completed ● Detached Guest House Improvements -- Adds immediate income-producing capability with current gross rental income of approximately $15,000 annually. ● New Decks & Outdoor Living Areas -- (Estimated replacement cost: $15,000-$30,000) ✓ Already completed ● Concrete Walkways & Hardscaping -- (Estimated replacement cost: $8,000-$18,000) ✓ Already completed ● Professionally Designed Mature Landscaping & Gardens -- (Estimated replacement cost: $10,000-$30,000) ✓ Already completed ● Updated Interior & Exterior Lighting -- (Estimated replacement cost: $3,000-$8,000) ✓ Already completed The next owner can enjoy these improvements without taking on the cost, disruption, and time required to complete them today.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
  • Heating Information
    • Heat Pump
    • Electric
  • House Interior
    • Pantry
    • Master Downstairs
  • Parking
    • None
    • Carport
  • Water Features
    • Public
  • Basement
    • Bath/Stubbed
  • Fire Place
    • Masonry
School Information
School Information for 602 Watauga Ave, Knoxville, TN 37917
Elementary School
N/A
Middle School
Whittle Springs
High School
Fulton
Listing Courtesy: INNOVATE Real Estate - 865-535-7958
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.
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Median Listing Price
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EXIT REALTY PROS
9821 Cogdill Rd. Suite 1A, Knoxville, TN 37932
Office
865 383 3948
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