8504 Madrid Ct #87 - 8504 Madrid Court 87, Knoxville, TN 37923
Front Patio - 8504 Madrid Court 87, Knoxville, TN 37923
Foyer - 8504 Madrid Court 87, Knoxville, TN 37923
Kitchen - 8504 Madrid Court 87, Knoxville, TN 37923
Living Room - 8504 Madrid Court 87, Knoxville, TN 37923
Primary Bedroom - 8504 Madrid Court 87, Knoxville, TN 37923
Primary En-Suite - 8504 Madrid Court 87, Knoxville, TN 37923
Bedroom 2 - 8504 Madrid Court 87, Knoxville, TN 37923
Bathroom 2 - 8504 Madrid Court 87, Knoxville, TN 37923
Bedroom 3 - 8504 Madrid Court 87, Knoxville, TN 37923
Back Deck - 8504 Madrid Court 87, Knoxville, TN 37923
Neighborhood pool - 8504 Madrid Court 87, Knoxville, TN 37923
Community Clubhouse and Tennis Courts - 8504 Madrid Court 87, Knoxville, TN 37923
13 photos

$215,000

8504 Madrid Court 87, Knoxville, TN 37923
Knoxville, TN 37923
Listed by Jennifer Cook · Keller Williams Signature
Bedrooms
3
Bathrooms
2
Living area
N/A
Year built
1975

About this home

This expansive top floor 3 bed/2b bath condo unit has plenty of space and loads of character. Located in the center of everything in the West Knoxville Suburbs, this condo is zoned for top rated schools and offers quick access to all. This unit would make a great low maintenance home or make a great short or long term rental for an investor. The community offers a pool, tennis courts and a club house. This unit comes furnished with a washer and dryer and a refrigerator. Some photos are virtually staged to showcase the spaces. Please call directly if you would like a tour or if you have any questions at all.

Property details

MLS
East Tennessee REALTORS® MLS
MLS #
1351197
Property type
Condominium
Subdivision
Palisades Condos
Status
Active
Days on market
47
On market date
August 8, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.01 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
West Hills Elementary
1.77 mi away · Grades -1-5
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
744
Student:teacher ratio
14.6:1
District
Knox County
Middle
West Valley Middle School
1.69 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,131
Student:teacher ratio
18.0:1
District
Knox County
High
Bearden High School
0.54 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
2,048
Student:teacher ratio
17.1:1
District
Knox County

Walkability

Blended score for Knoxville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

34
Car-dependent
out of 100
EPA National Walkability Index
6.2 / 20 -- Below average walkable
Google Places amenity density
38 / 100
Restaurants & cafes5
Grocery stores1
Parks1
Schools4
Transit stops0
Pharmacies0

Market position

How this listing compares to current activity in Knoxville, from live MLS data.

On the market 47 days -- 26 fewer days than Knoxville's current average of 73 days.
For reference, the median list price across 2,197 active listings in Knoxville right now is $399,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$1,445/mo
$43,000 down
$172,000 loan
Principal & interest$1,116
Property tax (est.)$179
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated September 22, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.