2201 Lake Ave Unit 108, Knoxville, TN 37916

$495,000
3
BD
2
BA
1,080
SqFt

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List Price
$495,000
Price Change
▼ $5,000 1790281575
MLS#
1353856
Status
ACTIVE
Type
Condo
City
Knoxville
County
Knox
Bedrooms
3
Bathrooms
2
Living Area
1,080
Year Built
1995

Property Description

GREAT LOCATION! NEXT TO CAMPUS! Incredible investment opportunity located just steps from the University of Tennessee campus. This first-floor, end-unit condo offers the ultimate in location, functionality, and rental potential. Featuring three spacious bedrooms, and two full bathrooms. Ideal for use as student housing, a long-term rental, or a personal residence for UT students who want to live in the heart of it all. The light-filled end unit with a charming bay window. The kitchen comes fully equipped with all appliances and connects seamlessly to the living and dining areas. The unit also includes washer and dryer, and two designated parking spaces. Currently leased through July 31, 2027, this condo provides immediate income potential for investors. Current rent is $3000 per month. The HOA covers water, internet, trash, grounds maintenance, and more--offering a low-maintenance lifestyle in one of Knoxville's most desirable rental zones. Located just one block off Cumberland Avenue, residents have walkable access to campus, restaurants, shopping, and UT sporting events. Whether you're an investor, parent seeking housing for your UT student, or looking for a turnkey rental, this is an opportunity you don't want to miss. Currently occupied. Must have 24 hour notice for any showings.

Additional Information

Acres
0.01
Appliances
Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer, Dryer
Construction
Block, Brick
Cooling
Ceiling Fan(s), Central Air
Exterior Features
Balcony
Floors
Carpet, Laminate, Vinyl
Garage
Carport, Assigned
Living Area
1,080
Lot Description
Corner Lot
Style
Other
Subdivision
St Christopher Sq Condo Com Elem 4.16% U
View
Other
Year Built
1995
Hoa Fees
$275
Hoa Freq
Monthly
Association Fee Incl
Association Ins, Water, Building Exterior, Grounds Maintenance, Pest Control, Trash, Some Amenities, Fire Protection, Sewer
Water
Public
Sewer
Public Sewer
Unit
108
Heating
Central, Electric
Num Of Rooms
6
Hoa
Mandatory

Automated home estimates are a starting point, not a final answer. National websites do not know if your roof is five years old or twenty-five. They do not understand the value of a good piece of land in East Tennessee. At Real Estate Concepts, we combine instant data with actual local expertise to give you a valuation you can trust.

How It Works

Step 1: Tell us your address. Fill in the form — name, phone, email, and your property address.

Step 2: A local expert personally checks it. The number you see right away is your first-look value from a computer. Then one of our local East Tennessee experts personally checks it against real sold homes near you — the comps an algorithm can't weigh, like condition, updates, and your street. That personal check is the CMA.

Step 3: We talk through the real number. We'll walk you through what your home would actually sell for and what we'd do to get it — no obligation, and if the timing's wrong, we'll say so.

Frequently Asked Questions

Q: How is this different from a standard online estimate?
A: Speed and accuracy. You get immediate data from our system, backed up by a manual review from a local expert who knows the area roads and market trends.

Q: Is there a fee for this service?
A: No. We provide free valuations as a service to our East Tennessee community. There is no obligation to list with us.

Q: What areas do you cover?
A: Our agents live and work across East Tennessee, covering Morgan, Roane, Anderson, Scott, Claiborne, and Grainger counties and beyond.

Q: Do you have to visit my property in person?
A: Not for the initial valuation. We can run the numbers based on public records and recent local sales. In-person visits are available if you want a highly precise listing price.

Real Estate Concepts | Office: (423) 346-5800 — Or reach David Millard directly: Call or text (865) 951-9578

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Listing courtesy of University Real Estate & Property Mgmt., LLC.

Agent: Suzanne Moll |

Office: University Real Estate & Property Mgmt., LLC |