BJ Can Help You Purchase This Home

Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find your dream home. On the lake, around town or out on a farm. Remember, BJ is here to help!

524 Midlake Drive, Knoxville, 37918

Priced At: $314,000

Property Details for ID: 1346027



SqFt: 1,200
Price SqFt: $262
Total Bedrooms: 3
Full Baths: 2 / Half Baths: 0
MLS Status: Active
Property Type: Residential
On Market Date: 2026-06-26T12:38:51Z
Subdivision: Fountain City Co

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- 24 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.

Schools Information

Sorry, school information is not available for this listing.

Building Description

Building Style: Traditional
Type: Ranch
Site Built: Yes
Year Built: 2021
Total Rooms: 6
SqFt (Total): 1,200
SqFt (Main Lvl): 1,200
Full Baths: 2
1/2 Baths: 0
Fireplace: No
Bonus Room: No
Basement: No
Basement Type: Crawl Space

  Exterior Features

Features: Deck
Construction: Frame
Siding: Vinyl

  Appliances

Dishwasher, Microwave, Range, Refrigerator

  Room Dimensions

  Interior Features

Floors: Laminate
Misc Features: WasherDryer Connect

  Property Details

Acreages: 0.16
Lot Description: Corner Lot, Level

Utilities

Fuel Types: Electric

Financing

Finance Options: Cash, Conventional

  HOA Information

Restrictions: No
HOA: No

Heating & Cooling

Fireplace(s): No
Total Fireplaces: 0
Fireplace Type(s): None
Cooling Type(s): Ceiling Fan(s), Central Cooling
Heat Type(s): Central

Garage / Parking

Off-Street Parking

  Community Features

Outbuildings

Presented By: / United Real Estate Solutions

Up Coming Open Houses

Sorry, no open houses are currently available for this listing.

Directions

Cedar Ln to Pinehurst to right on Midlake to home on corner. Parking in rear



Your commute

( Departing today at 8:00am )
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment.  The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment.  I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.

Four Reasons to Use Daniel Parker

Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!

Full-Time Access

My buyers and sellers have my personal cell phone number and can reach me on a full-time basis.

Trained Advocate

Need educated advice and a strong advocate, I will provide advice based on years of experience and advanced education.

Prompt Communicator

I will personally answer your calls, emails, text messages and all inquiries with a fast response.

Skilled Negotiator

I have taken advanced course work and have acquired valuable negotiation skills to provide you with the best outcome.



Realty Executives Associates is a licensed Tennessee Real Estate Firm. Firm License #213347. Some or all of the Listing Displayed on this Site may not belong to Realty Executives Associates. The data relating to real estate for sale on this website is being provided for the consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumers may be interested in purchasing. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user.