Active

602 Watauga Ave

Knoxville, TN 37917

$430,000 $1,812/Mo

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Overview

Bed

Bath

1,600

Sqft

0.16

Acre(Lot)

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

Property Type : Residential

Price : $430,000

AD Id : 79066277

MLS Id : RTC3218251

Beds : 3

Lot Size : 0.16 Acre

Living Area Size : 1,600

Year Built : 1899

County : Knox County

Subdivision: Whitehall

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total Bedroom: 3

Bathroom Information

Total Baths: 2 Full Baths: 2

Interior Features

Pantry, Ceiling Fan(s) Appliances: Range, Refrigerator Laundry Features: Washer Hookup, Electric Dryer Hookup
Flooring Information

Flooring: Carpet, Wood, Laminate Construction Materials: Frame, Other, Brick
Heating & Cooling

Heating: Electric, Heat Pump Has Heating: Yes Cooling: Central Air, Ceiling Fan(s) Has Cooling: Yes WaterSource: Public

Building Information

Year Built: 1899

Lot Information

Lot Dimensions: 50 x 145 Lot Description: Corner Lot, Other, Level, Rolling Slope Lot Size Area: 0.16 Lot Acres: 0.16

Property Information

Property Type: Residential Sub Type: Single Family Residence Style: Other

Listing Price Information

Original List Price:$430000

Tax Information

Tax Lot: 8 Annual Tax: $1337 Parcel Number: 069NF031

Parking Information

Total Parking: 1

School Information

Junior High School: Whittle Springs Middle School Senior High School: Fulton High School
Utility Information

Electricity Available, Water Available Sewer: Public Sewer Water Source: Public
Location Information

Subdivision: Lincoln Park City: Knoxville Direction: 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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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
4277 Valley View Drive, Knoxville, TN, 37917	$319,900	3	2	2,176	2,176 SqFt
915 Turner St, Knoxville, TN, 37917	$359,900	3	2	1,457	1,457 SqFt
919 Turner St, Knoxville, TN, 37917	$359,900	3	2	1,457	1,457 SqFt
2445 Kennington Rd, Knoxville, TN, 37917	$390,000	3	1	1,729	1,729 SqFt
2102 Adams Ave, Knoxville, TN, 37917	$225,000	2	1	770	770 SqFt
2217 Mccroskey Ave, Knoxville, TN, 37917	$199,900	2	1	922	922 SqFt
2233 Lawson Avenue, Knoxville, TN, 37917	$221,999	2	1	810	810 SqFt
1915 Mccroskey Avenue, Knoxville, TN, 37917	$224,900	3	2	1,725	1,725 SqFt
808 N 4th Ave, Knoxville, TN, 37917	$1,050,000	7	3	3,588	3,588 SqFt
2623 Tecoma Drive, Knoxville, TN, 37917	$207,900	3	1	960	960 SqFt

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ByOwner last updated this listing 06/09/2026 @ 18:20

MLS: REALTRAC #3218251 LISTED BY: Brenda Brewster, INNOVATE Real Estate 865-535-7958 SOURCE: REALTRAC (RT RealTracs) (Listings courtesy of REALTRAC (RT RealTracs) as distributed by MLS GRID)