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201 W Fourth Ave, Lenoir City, 37771
Priced At: $250,000
Property Details for ID: 1327594
SqFt: 2,480
Price SqFt: $101
Total Bedrooms: 4
Full Baths: 3 / Half Baths: 1
MLS Status: Pending - Continue to Show - Inspection
Property Type: Residential
On Market Date: 2026-01-26T13:42:35Z
Subdivision: Payne Map of Lenoir City
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!
Schools Information
Sorry, school information is not available for this listing.Building Description
Site Built: Yes
Year Built: 1955
Total Rooms: 9
SqFt (Total): 2,480
SqFt (Main Lvl): 1,600
SqFt (Down Lvl): 880
Full Baths: 3
1/2 Baths: 1
Fireplace: No
Bonus Room: No
Extra Storage: Yes
Basement: Yes
Basement Type: Outside Entr Only
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
HOA Information
HOA: No
Heating & Cooling
Total Fireplaces: 0
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
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
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This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!