Condo For Sale on Fort Loudoun Lake

**SELLER OFFERING $5,000 towards rate buydown or closing costs. PLUS immediate RENTAL INCOME** Strong Rental & Investment Potential This condominium presents a compelling income-producing opportunity, with a current lease already in place through June 1, 2026, allowing a new owner to step into immediate rental income with built-in stability. Properties with secured leases, riverfront views, and proximity to major employment and education hubs are consistently in high demand, making this a strong option for investors seeking predictable performance. The combination of Tennessee River views, walkability and access to the University of Tennessee campus, UT Hospital, and downtown Knoxville creates broad tenant appeal. This location is especially attractive to graduate students, medical professionals, faculty, and corporate renters who value convenience, security, and premium amenities. River-facing units with private balconies and resort-style features often command stronger rental rates and experience lower vacancy due to their limited availability. As the area continues to evolve, the upcoming pedestrian bridge project will further enhance connectivity between South Knoxville and downtown, increasing accessibility to dining, entertainment, and employment centers. This infrastructure improvement is expected to strengthen both lifestyle appeal and long-term demand, adding future upside to an already well-positioned asset. Situated within a gated community, residents enjoy peace of mind alongside amenities that support tenant retention, including a saltwater pool, secure access, and professionally maintained common areas. With minimal maintenance responsibilities and a prime waterfront location, this condo offers a rare balance of lifestyle enjoyment and investment performance. Whether held as a long-term rental, future personal residence, or strategic addition to an investment portfolio, this property delivers immediate income with strong prospects for continued desirability in Knoxville's growing riverfront market.

Property Details

  • Beds: 3
  • Baths: 2.0
  • Sq Feet: 1408
  • Year Built: 2006
  • Location: Fort Loudoun Lake
  • Lakeview: Yes
  • ViewTypes: City, Lake
  • County: Knox- 1 County
  • Community: S Water Front River Towne Condos
  • Heat/AC: Electric (Heating), Central
  • Garage: Underground/Basement
  • Siding: Brick
  • Roof:
  • Property Taxes: $1,924
  • MLS #: 1321600
  • Unit Number: 402

Location

Click on map to activate
(Open in Google Maps)   (Bing Map)  (Mapquest Map)

Contact Information:

Contact Agent
Listing Agent: Misty Cunningham, Keller Williams Realty, 865-694-5904, 865-588-9300 Listing Site, Listing Status: Active
Copyright © 2025 East Tennessee Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ad Statistics:

Lake Condo For Sale in Knoxville, Tennessee
Ad Number : 6836738
Viewed: 114 times
Added: Nov 15, 2025
Updated on: Nov 15, 2025
All information provided is deemed reliable but is not guaranteed and should be independently verified.