524 Midlake Drive, Knoxville, TN 37918 (MLS# 1346027)


$335,000
524 Midlake Drive
Knoxville, TN 37918
MLS# 1346027
3 beds  |  1200 sqft

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MIDLAKE-Bathroom-Defurnished
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Property Description
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.

Details
Maps
Contract Info
Auction Y/N: No
Listing Price: 335000
Current Price: $335,000
Status: Active
Listing 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
General Property Description
Type: Ranch
# Bedrooms: 3
Acres: 0.16
Acre Source: Other
# of Rooms: 6
Restrictions: No
Site Built: Yes
Fireplace: No
Property Status: N/A
SqFt - Main Lvl: 1200
SqFt - Down Lvl: 0
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: No
Basement: No
Bonus Room: No
SqFt - Total (Aprox): 1200
Baths - Full: 2
Year Built: 2021
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.
Atchd/Dtchd Type
Detached: 1
Style
Traditional: 1
Construction
Frame: 1
Siding
Vinyl: 1
Fireplace
None: 1
Cooling
Ceiling Fan(s): 1
Central Cooling: 1
Floors
Laminate: 1
Garage/Parking
Off-Street Parking: 1
Basement
Crawl Space: 1
Lot Description
Corner Lot: 1
Level: 1
Fuel
Electric: 1
Heat
Central: 1
Appliances
Dishwasher: 1
Microwave: 1
Range: 1
Refrigerator: 1
Exterior Features
Deck: 1
Misc Features
Washer/Dryer Connect: 1
Sewer
Public Sewer: 1
Water
Public: 1
New Financing
Cash: 1
Conventional: 1
Location Tax Legal Info
House #: 524
Street Name: Midlake
St Suffix: Drive
State/Province: TN
Zip Code: 37918
PIN #: 058KB012
Subdivision: Fountain City Co
Geo Lat: 36.032724
Geo Lon: -83.937948
Status Change Info
Status Change Date: 2026-06-26
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: June - 26 - 2026

The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 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 weekly, 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.



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