BEDS3
BATHS1 full
SQUARE FEET1,600
MLS#3218251
STATUSActive
PROPERTY TYPEResidential - Single Family
SUBDIVISIONLincoln Park
Property 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 Features
Property Type: Residential - Single Family
Basement: Other
Cooling: Central Air, Ceiling Fan(s)
Heating: Electric, Heat Pump
Lot Size: 0.16 Acres
Stories: 1.0
Taxes: $1,337
Year Built: 1899
Amenities
Pantry
Ceiling Fan(s)
Feature Descriptions
Appliances: Range, Refrigerator
Days on Site: 5
Exterior: Frame, Other, Brick
Flooring: Carpet, Wood, Laminate
Laundry: Washer Hookup, Electric Dryer Hookup
Lot: Corner Lot, Other, Level, Rolling Slope
Lot Dimensions: 50 x 145
Parcel#: 069NF031
Patio/Porch: Deck
Security: Security System, Smoke Detector(s)
Sewer: Public Sewer
Topography: Corner Lot, Other, Level, Rolling Slope
Utilities: Electricity Available, Water Available
Water: Public
Local Schools
High School: Fulton High School
Middle School: Whittle Springs Middle School
Listed By / Shown By
Listed By
Agency Name: INNOVATE Real Estate
Agency Phone: 8655357958
Shown By
Agent Name: Barbara Bell
Agent Phone: (615) 948-9366
Agency Title: Crye-Leike Real Estate Services
Source: Nashville MLS
Estimate Your Payment
Estimated Payment
$ 1,193.83 per month $956.99 Principal & Interest $111.42 Property Tax $125.42 Homeowner's InsuranceChange Payment Information
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602 Watauga Ave | MLS# 3218251
This single family home located at 602 Watauga Ave, Knoxville, TN 37917 is currently listed for sale with an asking price of $430,000. This property was built in 1899 and has 3 bedrooms and 1 full baths with 1600 sq. ft. Watauga Ave is located in the Lincoln Park subdivision. Search Lincoln Park real estate on www.barbarabellrealtor.com today.