2201 Lake Ave Unit 301, Knoxville, TN 37916

$500,000
3
BD
2
BA
1,080
SqFt

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Sold Price
$500,000
List Price
$509,900
Closing Date
May 08, 2025
MLS#
1298374
Status
CLOSED
Type
Condo
City
Knoxville
County
Knox
Bedrooms
3
Bathrooms
2
Living Area
1,080
Year Built
1995
DOM
15

Property Description

Incredible investment opportunity located just steps from the University of Tennessee campus. This top-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 living area boasts soaring cathedral ceilings and a charming bay window, creating an open and inviting atmosphere. The kitchen comes fully equipped with all appliances and connects seamlessly to the living and dining areas. The unit also includes in-unit laundry and two designated parking spaces within a gated community. Currently leased through July 31, 2026, this condo provides immediate income potential for investors. 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.

Additional Information

Appliances
Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Washer
Construction
Brick
Cooling
Central Cooling, Ceiling Fan(s)
Exterior Features
Balcony
Floors
Vinyl, Tile
Garage
Off-Street Parking, Designated Parking
Living Area
1,080
Lot Description
Corner Lot
Style
Other
Subdivision
St Christopher Sq Condo Com Elem 4.16% U
View
City
Year Built
1995
Restrictions
Yes
Hoa Fees
$275
Hoa Freq
Monthly
Association Fee Incl
Other, Pest Contract, Fire Protection, Building Exterior, Trash, Grounds Maintenance, Water
Water
Public
Sewer
Public Sewer
Unit
301
Heating
Central, Electric
Num Of Rooms
6
Restrictions
Yes
Hoa
Mandatory

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Calculator source: Real Geeks

Agent: Elizabeth Donaldson |

Office: United Real Estate Solutions |

Selling Office: .