PRIME LOCATION - STUDENT HOUSING. Just a 5-minute walk to the University of Tennessee campus, this 3-bedroom, 2-bath condo is a prime investment opportunity in a secure, gated community. Currently leased at $2,800/month through July 2026, this property offers immediate income and long-term stability. The unit includes one deeded parking space and access to community amenities such as elevators, exterior security cameras, and professional building management. HOA fees cover Comcast internet/cable, water/sewer, exterior maintenance, lawncare, trash, and master insurance-making ownership simple and hassle-free. With its unbeatable location, low-maintenance lifestyle, and strong rental history, this property is ideal for investors, parents of students, or anyone seeking a centrally located home near UT campus.
Property Features
Bedrooms
Other Rooms
- Total Rooms: 5
- Basement Features: Slab
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Interior Features
- Walk-In Closet(s)
- Breakfast Bar
- Flooring: Tile
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Range
- Refrigerator
- Self Cleaning Oven
- Washer
Heating and Cooling
- Cooling Features: Central Cooling, Ceiling Fan(s)
- Heating Features: Central, Heat Pump, Electric
- Heating: Yes
- Ceiling Fans: Yes
Exterior and Lot Features
Land Info
- Corner Lot
- Lot Size Source: Tax Records
Garage and Parking
- Attached Garage: Yes
- Parking Features: Designated Parking, Attached
Home Features
- View: City
- Security Features: Gated Community, Security Alarm, Smoke Detector
Homeowners Association
- Association: Yes
- Association Amenities: Elevator
- Association Fee: 390
- Association Fee Frequency: Monthly
- Association Fee Includes: Pest Contract, Fire Protection, Building Exterior, Association Ins, Trash, Sewer, Grounds Maintenance, Water
- Calculated Total Monthly Association Fees: 390
School Information
- Elementary School: Sequoyah
- High School: West
- Middle School: Bearden
Amenities and Community Features
- Community Features: Sidewalks
Other Property Info
- Annual Tax Amount: 3123
- Source Listing Status: Pending
- County: Knox County - 1
- Directions: From 17th Street, cross over Cumberland, take the first RIGHT onto Lake Avenue. Complex on your right. Entry through 18th Street. From Cumberland Avenue heading Downtown Knoxville, turn RIGHT onto 18th Street. Complex is on the corner of 18th and Lake Avenue. Entrance is on 18th Street. Garage parking for tenants only. Parking available on street.
- Source Property Type: Single Family
- Area: Knox County - 1
- Property Subtype: condo
- MLS Area Minor: Knox County - 1
- Source Neighborhood: Lake Plaza Condos Unit 405
- Parcel Number: 108CE01601A
- Subdivision: Lake Plaza Condos Unit 405
- Property Subtype: Condominium
Building and Construction
- Total Square Feet Living: 1000
- Year Built: 2009
- Building Area Total: 1000
- Construction Materials: Steel, Synthetic Stucco
- Property Age: 16
- Structure Type: High Rise
- House Style: High Rise
- Total Area Sqft: 1000
Utilities
- Sewer: Public Sewer
- Water Source: Public