MIDDLE TENNESSEE REAL ESTATE
MIDDLE TENNESSEE REAL ESTATE
602 Watauga Ave, Knoxville, TN 37917 For Sale
Single Family Residence
- Single Family Residence
- Beds: 3
- Baths: 2
- 1,600 sq ft
Description
RARE ADDITIONAL INCOME IN HISTORIC OAKWOOD/LINCOLN PARK! Welcome to 602 Watauga Avenue--a masterfully revitalized, turn-of-the-century property that perfectly marries historic architectural romance with a high-yielding, modern investment strategy. Originally built in 1899, this incredible dual-structure compound has been meticulously brought into 2026 with an array of major, top-tier capital improvements. The Main Residence (3 BR / 2 BA Potential): Step inside to experience soaring ceilings, crisp modern paint tones, and beautifully preserved original 1899 hardwood floors glowing with history. The spacious layout currently features 3 bedrooms and 1 fully remodeled bath, plus a second bathroom that is prepped, framed, and ready for the new owners to custom-renovate to their exact taste! The heart of the home features a spectacular formal dining room draped in sophisticated royal blue with crown molding, transitioning seamlessly into an updated kitchen space. Retreat to the primary bedroom suite where a gorgeous, exposed-brick fireplace mantel serves as an unforgettable historic focal point. Tucked privately in the level backyard sits a fully permitted, completely detached 1-Bedroom, 1-Bathroom Accessory Dwelling Unit (ADU). Completely remodeled with its own private covered porch and independent utility/HVAC systems, this turnkey unit is currently leased to a long-term tenant for a steady $1,250/month ($15,000/year) in guaranteed income. Live in the main house and let the tenant offset your monthly housing expenses, use it as a multi-generational estate, or capitalize on massive short-term rental upside!! Peace of Mind Upgrades Include:roof & gutters, Central HVAC system & ductwork, Fully updated electrical system, Plumbing & New main sewer line. Experience the Oakwood-Lincoln Park Lifestyle: Beyond the gates of this beautiful property lies one of North Knoxville's most vibrant, active, and welcoming communities.
Property Details
Status : Active
County : Knox County, TN
Property Type : Residential
Area : 1,600 sq. ft.
Year Built : 1899
Exterior Construction : Frame,Other,Brick
Floors : Carpet,Wood,Laminate
Heat : Electric,Heat Pump
HOA / Subdivision : Lincoln Park
Listing Provided by : INNOVATE Real Estate
MLS Status : Active
Listing # : RTC3218251
Schools near 602 Watauga Ave, Knoxville, TN 37917 :
, Whittle Springs Middle School, Fulton High School
Additional details
Heating : Yes
Lot Size Area : 0.16 Sq. Ft.
Building Area Total : 1600 Sq. Ft.
Lot Size Acres : 0.16 Acres
Lot Size Dimensions : 50 x 145
Living Area : 1600 Sq. Ft.
Lot Features : Corner Lot,Other,Level,Rolling Slope
Office Phone : 8655357958
Number of Bedrooms : 3
Number of Bathrooms : 2
Full Bathrooms : 2
Possession : Immediate
Cooling : 1
Architectural Style : Other
Patio and Porch Features : Deck
Levels : One
Basement : Other
Stories : 1
Utilities : Electricity Available,Water Available
Parking Space : 1
Carport : 1
Sewer : Public Sewer
Location 602 Watauga Ave, TN 37917
Directions to 602 Watauga Ave, TN 37917
I-40 to 275 North; Take Exit 2 for Heiskell Avenue; Turn right onto Heiskell Avenue; Veer right traffic light on Central Ave; Turn left Atlantic Ave; Turn left on Pershing Street; Turn right onto Chickamauga Avenue; Take an immediate left on Hanover Street; Home on the corner Hanover and Watauga Ave.
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