$250,000
Lenoir City, TN 37771
MLS# 1327594
4 beds | 2480 sqft
1 / 53
Property Description
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!
Details
Maps
Contract Info
Auction Y/N: No
Occupancy: Permanent Residence
Listing Price: 250000
Current Price: $250,000
Status: Active
Listing Date: 2026-01-25
Location, Tax & Legal Info
Area: Knox County - 1
Property Sub-Type: Residential
City/County Code: City Limits
Total Tax: 631.29
General Property Description
Type: 2 1/2 Story
# Bedrooms: 4
Lot Dimensions: 65 x 118 x 65 x 119
Lot Size SqFt: 7405
Acres: 0.17
Acre Source: Tax Records
# of Rooms: 9
Restrictions: No
Site Built: Yes
Fireplace: No
Property Status: N/A
SqFt - Main Lvl: 1600
SqFt - Down Lvl: 880
SqFt - 2nd Flr Lvl: 0
SqFt - 3rd Flr Lvl: 0
# Fireplace: 0
HOA: No
Basement: Yes
Bonus Room: No
Extra Storage: Yes
SqFt - Total (Aprox): 2480
Baths - Full: 3
Baths - 1/2: 1
Year Built: 1955
Remarks & Misc
Directions: 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
Public Remarks: 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!
Fencing
Fenced Yard: 1
Privacy: 1
Wood: 1
Atchd/Dtchd Type
Detached: 1
Style
Traditional: 1
Construction
Block: 1
Frame: 1
Siding
Brick: 1
Wood: 1
Other: 1
Fireplace
Brick: 1
Cooling
Window Unit(s): 1
Floors
Hardwood: 1
Luxury Vinyl Plank: 1
Other: 1
Garage/Parking
Garage Spaces: 2
Designated Parking: 1
On-Street Parking: 1
Basement
Outside Entr. Only: 1
Lot Description
Level: 1
Rolling Slope: 1
Fuel
Electric: 1
View
Lake View: 1
Mountain View: 1
Heat
Other: 1
Dining Area
Eat-in Kitchen: 1
Appliances
Microwave: 1
Range: 1
Refrigerator: 1
Smoke Detector: 1
Other Rooms
Addl Living Quarter: 1
Family Room: 1
Laundry/Utility: 1
Rough-in-Room: 1
Workshop: 1
Exterior Features
Porch - Covered: 1
Windows - Vinyl: 1
Misc Features
Internet Available: 1
Walk-In Closet(s): 1
Sewer
None: 1
Water
Public: 1
New Financing
Cash: 1
Other: 1
Showing
See Agent Instructns: 1
Location Tax Legal Info
House #: 201
St Dir: W
Street Name: Fourth
St Suffix: Ave
State/Province: TN
Zip Code: 37771
PIN #: 020K L 005.00
Subdivision: Payne Map of Lenoir City
Geo Lat: 35.793379
Geo Lon: -84.270343
Status Change Info
Status Change Date: 2026-01-26
Property Features
Style: Traditional
Construction: Block; Frame
Siding: Brick; Wood; Other
Basement: Outside Entr. Only
Lot Description: Level; Rolling Slope
View: Lake View; Mountain View
Fireplace: Brick
Floors: Hardwood; Luxury Vinyl Plank; Other
Fuel: Electric
Heat: Other
Cooling: Window Unit(s)
Appliances: Microwave; Range; Refrigerator; Smoke Detector
Sewer: None
Water: Public
Other Rooms: Addl Living Quarter; Family Room; Laundry/Utility; Rough-in-Room; Workshop
Misc Features: Internet Available; Walk-In Closet(s)
Exterior Features: Porch - Covered; Windows - Vinyl
Fencing: Fenced Yard; Privacy; Wood
Dining Area: Eat-in Kitchen
Showing: See Agent Instructns
New Financing: Cash; Other
IDX
Listing Office: Engel & Volkers Knoxville
Office Phone: 865-221-8601
Last Updated: January - 26 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the Knoxville Area Association of REALTORS® Multiple Listing Service. © Copyright 2020 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated weekly, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.
*Neighborhoods and areas are approximate and based off of geo coding provided by a third party. Knox Native holds no liability for the accuracy of the these locations and buyers, sellers, prospects, and agents should verify all information and accuracy to suit.