SoldApr 24, 2026

Bought with Wala Habiby from Realty Executives Associates

Source: Middle Tennessee Regional MLS #3148432

153 Wade Lane, Oak Ridge, TN, 37830

$247,500

2042 sq. ft.

Duplex

•

28 days on the market

Sold: Apr 24, 2026

What's around 153 Wade Lane

About this property

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.

Looking for more information on 153 Wade Lane?

Explore comparables, sales history and growth for this property.
Learn more

Similar properties sold nearby

SoldFeb 20, 2026
$414,000
187191 Tacoma Road
Oak Ridge TN 37830
Duplex
Listing courtesy of Realty Executives Associates on the Square
SoldDec 11, 2025
$285,000
178180 Hillside Road
Oak Ridge TN 37830
Duplex
Listing courtesy of Realty Executives Associates and ReMax Preferred Properties, Inc.
SoldDec 3, 2025
$140,000
116 Hoyt Lane
Oak Ridge TN 37830
Duplex
Listing courtesy of Realty Executives Associates

Other properties sold by Wala Habiby

SoldMay 8, 2026
$684,000
4120 Lake Meadow Lane
Morristown TN 37814
3
3
2
Single-Family
Listing courtesy of Realty Executives Associates and KELLER WILLIAMS PROPERTIES
SoldApr 16, 2026
$225,000
Everett Rd
Farragut TN 37934
Land
Listing courtesy of Realty Executives Associates
SoldApr 14, 2026
$632,500
10861 Snowfall Lane
Knoxville TN 37931
3
3
2
Single-Family
Listing courtesy of Realty Executives Associates

Browse properties sold in nearby areas

Based on information submitted to the MLS GRID as of 24 Apr 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under MLS GRID IDX Rules Updated September 16, 2024 7 U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to: dmca@ratemyagent.com

The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner's behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Email
© 2026 RateMyAgent