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$330,000
524 Midlake Drive, Knoxville, TN 37918
Active11 days on market

Listing provided by: Priscilla Wilmoth · United Real Estate Solutions

Source: East Tennessee REALTORS® MLS · MLS# 1346027

East Tennessee REALTORS IDXListing last updated

3
Beds
2 full
Baths
1,200
Sq Ft
2021
Year Built
0.16
Lot (ac)
Single Family
Type
Virtual tour Video

About this home

Turnkey Cash-Flow Investment Property - Lease in Place Until Early Jan 1, 2027. This modern 3-bedroom, 2-bathroom home (built 2021) offers approximately 1,200 sq ft of comfortable living space. Excellent rental history with professional management Open floor plan with bright living area and updated kitchen Master suite with private bath Backyard with patio and ample driveway parking in the rear. Located in the desirable Fountain City area with easy access to I-75, shopping, dining, and downtown Knoxville. This property delivers immediate, predictable income with minimal vacancy risk. The existing lease automatically transfers to the new owner, making this a true turnkey investment opportunity. Perfect for investors seeking stable cash flow. Tenant occupied - shown by appointment only. Serious buyers only- 48 Hour Notice Required Virtual tour and photos have been edited to remove tenant possessions All information is deemed reliable but is not guaranteed. Buyer and Buyer's Agent are responsible for verifying all square footage, lot size, taxes, rental history, and any other material facts.

Facts & features

Interior
Bedrooms & bathrooms
  • Bedrooms: 3
  • Bathrooms: 2
  • Full bathrooms: 2
  • Half bathrooms: 0
Heating
  • Heating: Central, Electric
Cooling
  • Cooling: Central Cooling, Ceiling Fan(s)
Appliances
  • Included: Dishwasher, Microwave, Range, Refrigerator
Features
  • Flooring: Laminate
  • Basement: Crawl Space
Rooms
  • Total rooms: 6
Interior area
  • Total interior livable area: 1,200 sqft
Property
Parking
  • Parking features: Off-Street Parking
  • Attached garage: No
Lot
  • Size: 0.16 acres · 6,969.6 sqft
  • Features: Corner Lot, Level
Exterior
  • Patio & porch: Deck
Details
  • Parcel number: 058KB012
Construction
Type & style
  • Home type: Single Family
  • Property subtype: Single Family Residence
  • Structure: Ranch
  • Architectural style: Traditional
Materials
  • Materials: Vinyl, Frame
Condition
  • Year built: 2021
Utilities
Utilities
  • Sewer: Public Sewer
  • Water: Public
Community & HOA
Community
  • Subdivision: Fountain City Co
  • County: Knox County - 1
  • MLS area: Knox County - 1
  • Region: Knoxville
Financial & listing details
Financial
  • Price: $330,000
  • Price per square foot: $275/sqft
  • Annual tax: $1,868.71
  • Listing terms: Cash, Conventional
Listing
  • Date on market: Jun 26, 2026
  • Days on market: 11
  • Status: Active
  • MLS #: 1346027

Location

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