524 Midlake Drive, Knoxville, TN 37918
$314,000
Property Type:
Single Family
Bedrooms:
3
Square Footage:
1,200
Lot Size (sq. ft.):
6,970
Status:
Active
Current Price:
$314,000
List Date:
6/26/2026
Last Modified:
7/29/2026
Overview
Description
...
(Read more)
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.
Listing Details MLS# 1346027
Location Tax Legal Info
- House #
- 524
- Street Name
- Midlake
- St Suffix
- Drive
- State/Province
- TN
- Zip Code
- 37918
- PIN #
- 058KB012
- Subdivision
- Fountain City Co
Contract Info
- Auction Y/N
- No
- Listing Price
- 314000
General Property Description
- Type
- Ranch
- Acres
- 0.16
- Acre Source
- Other
- Site Built
- Yes
- Restrictions
- No
- SqFt - Total (Aprox)
- 1200
- SqFt - Main Lvl
- 1200
- # Bedrooms
- 3
- Baths - Full
- 2
- # of Rooms
- 6
- Fireplace
- No
- Property Status
- N/A
- HOA
- No
- Year Built
- 2021
- Bonus Room
- No
- SqFt - Down Lvl
- 0
- SqFt - 2nd Flr Lvl
- 0
- SqFt - 3rd Flr Lvl
- 0
- # Fireplace
- 0
- Basement
- No
Status Change Info
- Status Change Date
- 2026-06-26
Location, Tax & Legal Info
- Area
- Knox County - 1
- Property Sub-Type
- Residential
- City/County Code
- City Limits
- Total Tax
- 1868.71
Remarks & Misc
- Directions
- Cedar Ln to Pinehurst to right on Midlake to home on corner. Parking in rear
- Public Remarks
- 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.
More Information
Atchd/Dtchd Type
- Detached
- Yes
Style
- Traditional
- Yes
Construction
- Frame
- Yes
Siding
- Vinyl
- Yes
Fireplace
- None
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Cooling
- Yes
Floors
- Laminate
- Yes
Garage/Parking
- Off-Street Parking
- Yes
Basement
- Crawl Space
- Yes
Lot Description
- Corner Lot
- Yes
- Level
- Yes
Fuel
- Electric
- Yes
Heat
- Central
- Yes
Appliances
- Dishwasher
- Yes
- Microwave
- Yes
- Range
- Yes
- Refrigerator
- Yes
Exterior Features
- Deck
- Yes
Misc Features
- Washer/Dryer Connect
- Yes
Sewer
- Public Sewer
- Yes
Water
- Public
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
Property Features
Style:
Traditional
Construction:
Frame
Siding:
Vinyl
Basement:
Crawl Space
Lot Description:
Corner Lot; Level
Fireplace:
None
Floors:
Laminate
Fuel:
Electric
Heat:
Central
Cooling:
Ceiling Fan(s); Central Cooling
Appliances:
Dishwasher; Microwave; Range; Refrigerator
Sewer:
Public Sewer
Water:
Public
Misc Features:
Washer/Dryer Connect
Exterior Features:
Deck
New Financing:
Cash; Conventional
IDX
Listing Office:
United Real Estate Solutions
Last Updated: July - 29 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved.
IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.