201 Fourth Ave, Lenoir City, TN 37771 - East Tennessee Realtors® (K...

4 Beds
4 Baths
Full Baths: 3 Half Baths: 1
2,480 SqFt
7,405 Lot Size
1955 Year Built

INVESTOR SPECIAL! Rare opportunity in downtown Lenoir City! Located just outside the historic district, this property is mid-renovation and ready for an investor or visionary buyer to bring it to completion. Much of the preliminary work has begun, offering a head start on transforming this home into a standout residence or profitable investment. Situated in a growing downtown area with convenient access to local shops, dining, and waterfront attractions, this property offers strong potential for value appreciation.
Upstairs is designed for two bedrooms, 2.5 baths, laundry room, kitchen, living room and dining room. Separate entrance to a downstairs unit that has an additional 2 bedrooms, open concept living, kitchen and dining and one bathroom. This area used to be a pharmacy. Current livable area includes 3 rooms pictured including a kitchen, living room (currently being used as a bedroom), bedroom and full bath. Home is completely fenced in with a new covered front porch. Opportunities like this are limited. Sold as-is. Must see to appreciate the possibilities!

Listed by Engel & Volkers Knoxville

GALLERY

PROPERTY DETAIL

Key Details

Sold Price $200,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2, 480 sqft
Price per Sqft $80
Subdivision Payne Map Of Lenoir City
MLS Listing ID 1327594
Sold Date 03/16/26
Style Traditional
Bedrooms 4
Full Baths 3
Half Baths 1
Year Built 1955
Lot Size 7,405 Sqft
Acres 0.17
Lot Dimensions 65 x 118 x 65 x 119
Property Sub-Type Single Family Residence
Source East Tennessee REALTORS® MLS
Location

State TN
County Knox County - 1
Area 0.17
Rooms

Family Room Yes
Other Rooms LaundryUtility, Workshop, Addl Living Quarter, Rough-in-Room, Family Room
Basement Outside Entr Only
Dining Room Eat-in Kitchen
Building

Lot Description Level, Rolling Slope
Faces Head toward Lenoir City on your major route (I-75 if coming from Knoxville or Nashville). • From I-75 South (Knoxville area), take Exit 81 heading East toward Maryville on Hwy 321. • Turn Right onto McGhee Blvd (Hwy 321) and continue. • Continue straight as McGhee Blvd becomes E Sixth Ave. • Turn Left onto Kingston St. • Turn Left onto W Fourth Ave — the home will be on your left
Sewer Public Sewer
Water Public
Architectural Style Traditional
Structure Type Wood Siding,Brick,Block,Frame,Other

Interior

Interior Features Walk-In Closet(s), Eat-in Kitchen
Heating Other, Electric
Cooling Window Unit(s)
Flooring Other, Hardwood
Fireplaces Type Brick
Fireplace No
Appliance Microwave, Range, Refrigerator
Heat Source Other, Electric
Laundry true
Exterior

Exterior Feature Windows - Vinyl
Parking Features On-Street Parking, Designated Parking
Garage Spaces 2.0
Garage Description On-Street Parking, Designated Parking
View Mountain View, Lake
Total Parking Spaces 2
Garage Yes
Others

Restrictions No
Tax ID 020K L 005.00
Security Features Smoke Detector
Energy Description Electric
Acceptable Financing Other, Cash
Listing Terms Other, Cash