524 Midlake Drive, Knoxville, TN 37918
(MLS # 1346027)
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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.
| LAST UPDATED | 6/26/2026 | TRACT | Fountain City Co |
|---|---|---|---|
| YEAR BUILT | 2021 | COMMUNITY | Knox County - 1 |
| COUNTY | Knox County - 1 | STATUS | Active |
| PROPERTY TYPE(S) | Single Family |
| ADDITIONAL DETAILS | |
| AIR | Ceiling Fan(s), Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Microwave, Range, Refrigerator |
| AREA | Knox County - 1 |
| BASEMENT | Crawl Space |
| CONSTRUCTION | Frame, Vinyl Siding |
| HEAT | Central, Electric |
| LOT | 6970 sq ft |
| LOT DESCRIPTION | Corner Lot, Level |
| PARKING | Off Street |
| SEWER | Public Sewer |
| STYLE | Traditional |
| SUBDIVISION | Fountain City Co |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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